Investing time into mentorship within a business has been known to help boost performance, productivity and innovation, for example back in 2006, Gartner released the results of its five-year study of 1,000 employees which supported this.
The study discovered that retention rates were higher for both mentees (22% more) and mentors (20% more) in comparison to employees who did not participate in a mentoring programme, while 25% of employees who enrolled in a mentoring programme had a salary-grade change.