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Mentoring in the Workplace: How to Bolster Employee Retention

Mentoring in the workplace is often an overlooked strategy to attract and retain top talent. Over the years, it’s becoming clearer that employers who promote and facilitate strong mentorships may experience improved employee retention, morale and engagement. In this article, you’ll learn about workplace mentorship and how to get started. 3 Statistics that Enforce the Importance of Mentorship Before we take a deep dive into mentorship, you may be wondering, “Why do I need a workplace mentorship program?” We’ve gathered three key statistics that identify the importance of creating a mentorship program at work. According to a study from the University of Phoenix, more than half of employees are looking for a new job or expect to be looking for a new job in the next six months. A LinkedIn Workforce study found that 94% of employees would stay at their jobs longer if their employers invested in their career development. According to a study from consulting firm Randstad, employees are 49% ...