Product
Overview
Software vs. Manual
Why Choose Together
Use Cases
Products
Products
Development Programs
Mentorship
Colleague Connect
Coffee Chats
Absorb LMS
Tools
Matching
Events
Content and Resources
Emails & Comms
Tasks
Artificial Intelligence
Badges & Certificates
Reporting & Surveys
Enterprise Ready
Integrations
Together for MS Teams
Multi-language
Security & Compliance
CustomersPricingResources
Resources
ROI of mentorship calculator
Quickly create a business case for your mentoring program
Blog
Learn more about developing talent and starting mentorship programs
White Papers, Ebooks, and Case Studies
Our latest guides on mentorship, employee development, DEI, and more.
The Mentorship Guild
Join our network of HR and L&D professionals for free.
Webinars and Interviews
Watch and learn from experts on how to build a thriving culture of mentorship
Mentorship Program Planning Hub
Curated guides and advice for anyone starting a mentoring program.
2025 L&D Trends Report
Craft your 2025 L&D strategy with confidence using our research report.
Newsletter
Bi-Weekly updates of leading content in the HR and L&D space
eBook
Cheat Sheet: 6 Models for mentorship
Find out which mentorship program model will help you achieve your company goals.
Bundle
The Mentorship Superpack
14 of our most valuable reports, templates, and resources into one single package.
Book a Demo
Sign inGet a DemoSee the Platform
ROI OF MENTORSHIP

Understand mentorship’s impact on your organization

Calculate the impact of mentorship on productivity

Uncover the measurable benefits of mentorship programs on employee productivity.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Percentage of employees in mentoring program

We typically recommend that you pilot with 20% of employees.

Increased employee productivity

A study by Sun Microsystems found that employees who participated in a mentoring program had a 20% increase in productivity compared to those who did not participate.

Value of increased productivity

Formula: Priority Metric * percentage of employees in mentoring program * increased employee productivity.
$400,000

Calculate how much mentorship can save you in turnover costs

Identify the value a mentorship program can have on your organization by increasing retention rates.

Number of participants (mentors + mentees)

Average employee salary

Average annual employee turnover rate

Turnover rates vary widely company to company but the average benchmark for US companies over the last two years is about 20% according to Gartner and Mercer data.

Cost of employee turnover (% of salary)

The costs of employee turnover vary depending on their seniority. For this calculation, we’ve set the default to 75% of the employees salary as that’s the average replacement cost for professional employees.

Reduction in turnover from mentoring

A study by Sun Microsystems found that several years after running a mentorship program, retention rates were an average of 70% versus 49% of those who didn't participate in the program. Therefore, we’ve set the default value to 30% as a benchmark to expect from your mentoring program.

Cost of employee turnover (annual)

The cost of employee turnover is calculated by first multiplying the number of employees by the avg employee turnover percentage to estimate the number of employees that will leave each year. Secondly, you multiply that by the cost of employee turnover (% of salary) to get the total cost.
$18,000,000

Value of mentorship (annual)

The value of mentorship is calculated by multiplying the reduction of turnover from mentoring (as a %) by the cost of employee turnover.
$5,400,000

Calculate how much time mentorship software can save you while pairing participants

Ditch the spreadsheets and see how much time you can save by using Together’s matching algorithm.

Number of participants (mentors + mentees)

Number of possible pairing combinations

1,440,000

Hours spent pairing without mentoring software

Calculation: 2 + (Number of possible pairings) / 60.
24,002 hours

Cost of time spent manually pairing participants

The average hourly rate for a Director of Talent Development ($57/hour).
$1,368,114

Estimated hours spent pairing with mentoring software

This calculation is made by combining the average time required to set up the software and complete the pairing setup.
1 hour

Frequently Asked Questions

Do you have more questions?
Book a call with a program expert!
Speak with an Expert
How does Together's reporting help measure program ROI?
Together can help you calculate ROI, often by comparing turnover rates of participants versus non-participants, especially when integrated with your HRIS. It can also be measured in terms of time saved from manual administration (e.g. matching participants, scheduling sessions, and running reports).
How can I make the case for investing in mentoring software to my leadership team?
It helps to start with some clear business objectives for your mentorship program. For example, are you hoping to improve retention or productivity? Or maybe you want to scale your program so it’s accessible to everyone in your organization, but all the manual work involved would make that a deal-breaker for you. Some of the most common use cases for Together include attracting and retaining talent, increasing diversity, equity, and inclusion (DE&I) through employee resource groups, training high-potential employees, offering support for new managers, and new hire onboarding—to name just a few. If any of these use cases are aligned with your company’s goals, it will help you make the case for the investment.
How do I track the ROI of mentoring?
There are different ways you can track the ROI of mentoring, including the impact it has on employee turnover and retention, promotion rates within your company, and time to productivity among new hires who go through mentoring as part of their onboarding.

If you’d like to try inputting a few numbers to get an idea about the ROI of mentoring in terms of savings in turnover costs, check out the interactive ROI calculators above. Note that you’ll need to have a rough idea of some numbers such as the number of mentor and mentee participants, average employee salary at your company, cost of employee turnover (as a percentage of their salary), the estimated increase in productivity as a result of mentoring, and your estimated reduction in turnover from mentoring.

You’ll deliver results people notice

“The software is very easy to use, very clear and intuitive. It provides really good support with building a mentoring relationship and a lot of great content. Furthermore the team is very supportive, quick to reply and very motivated. It is a joy to work with them.”
Headshot of Marina Illerhues
Marina Illerhues
L&D Professional, Randstad
Employees who participated in Randstad’s mentoring programs were 49% less likely to leave the company

Elevate your mentorship program today

Schedule a personalized demo with our team of experts, or take a self-guided tour.

Get a DemoSee the Platform
Together Platform
  • Home
  • Customers
  • PricingWhy Choose Together
  • Careers
  • Sign In
  • Customer Help Center
  • Platform Status
  • Use Cases
  • Product
  • Pricing
  • Why Mentorship
Product
  • Mentoring
  • Colleague Connect
  • MatchingTogether for MS TeamsIntegrationsReporting & SurveysSecurity & Compliance
Role
  • Human Resources
  • Learning & Development
  • Department Leads
  • Community Managers
Use Cases
  • Attracting & Retaining Talent
  • Diversity & ERG
  • Employee Engagement
  • High Potentials
  • New Manager
  • Onboarding
  • Remote Work
  • Well Being
Terms of Service
  • User Terms
  • Customer Terms
  • Cookie Policy
  • Acceptable Use
  • Privacy
  • Security
  • Uptime Agreement
  • Data Processing Addendum
  • DPA Annex
Resources
  • Mentorship program planning hub
  • Blog
  • White Paper & EbooksWebinars & InterviewsCustomer Success Stories
  • HR & L&D Playbook
  • Newsletter
  • ROI Calculator
Contact
  • info@togetherplatform.com
  • +1 (833) 755-5502
  • See Together’s Platform in action
Resources
  • Blog
  • Help Center
  • Newsletter
  • Partnership Programs
Copyright © 2024 Together (US) Inc. All rights reserved.