Why Mentorship Works

See What Mentoring Can Do for Your Organization

Employee Turnover Cost Calculator

Find out how much mentorship can impact your bottom line. Use our calculator to estimate how much mentorship can save your organization.

Mentorship Value Calculator

# of employees

Avg employee salary

Avg annual employee turnover 15%

Cost per employee turnover (as % of salary) 50%

Reduction in turnover from mentoring 10%

Cost of employee turnover (annual) $3,750,000

Value of mentorship (annual) $375,000

Improve Employee Retention with Workplace Mentoring

Workplace mentorship programs have been proven to be one of the most effective ways to improve both employee retention and performance.

Make 5 Years the Minimum Target for Retention

Those intending to stay with their organization for more than five years are twice as likely to have a mentor (68 percent) than not (32 percent).

— Deloitte Millennial Survey

Boost Productivity with Meaningful Mentorship

Mentoring connections made early on are related to productivity levels five years later.

— Google employee study

Up to 24% More Diversity in Leadership

Mentorship is the most effective diversity initiative and can boost the representation of minority groups at the manager level by 9 to 24%.

— Cornell University IRL School research paper

Download our Full Report on Mentoring

We interviewed and surveyed employees from 50+ leading North American Companies including McKinsey, Boston Consulting Group, IBM, Deloitte, Ernst & Young, Capital One, Norton Rose Fulbright, Mackenzie Investments. Get the results below.