There’s a reason 71% of Fortune 500 companies offer mentoring programs to their employees. A well run mentoring program is an effective strategy to engage, develop and retain more people at an organization. But the key phrase there is well run, because if a program isn’t, it can actually do more harm than good. According to The Atlantic, “researchers have … Read more
More people are seeking higher education than ever before. The National Student Clearinghouse says an estimated 20 million students attended colleges and universities in the fall of 2016—about 5 million more than attended in the fall of 2000. But they also revealed that nearly half of college students don’t end up graduating. In fact, USNEWS found 1 in 3 college freshmen … Read more
Professional associations connect professionals within an industry in order to share industry insight and encourage learning and networking. But recruiting and retaining younger members is becoming a challenge for many associations. A study by Horizons found that 87.3 percent of respondents agreed attracting younger members to their organizations is a growing problem. Without a steady flow of new members to … Read more
Smartphones have transformed the way we live, work and play. The Pew Research Institute says 92% of adults own a cellphone, 68% own smartphones, and almost half own a tablet. More and more of our day-to-day tasks are accessible via mobile because it’s a lot more convenient than sitting down with a laptop or desktop. And this trend isn’t going … Read more
There’s a lot of buzz around mentoring lately, but that doesn’t mean mentoring is simply a passing fad. So what’s the big deal? Mentoring is quickly becoming one of the go-to methods for increasing employee engagement, development and retention. Over 70 percent of Fortune 500 companies offer corporate mentoring programs to their employees. Let’s take a deep dive into what … Read more
We all know the workforce is changing. According to Forbes, millennials make up 40 percent of the workforce today and are predicted to make up 75 percent of the workforce by 2026. This massive shift means it’s a must for employers to attract, develop and retain millennial talent. With this in mind, what then are organizations doing to attract millennial … Read more
Onboarding a group of new employees can be a challenge. With employees spread across departments, locations, and competencies, managing this process efficiently takes work. Not to mention onboarding programs have multiple stakeholders – each with their own goals. If employees aren’t engaged and don’t feel that they’re making meaningful contributions, they may be tempted to seek a position elsewhere. Over … Read more
One of the most crucial factors to success with mentoring programs is measuring outcomes. After all, how do you know if your goals were accomplished if you don’t take a hard look at the results of your program? But how do you know what to measure? How do you know what questions to ask in order to ensure success? We … Read more
Last week we presented a webcast with ATD called “Not Your Grandfather’s Mentoring — Strategies to Engage, Develop and Retain Employees,” featuring by our very own Customer Success Manager Aya Titus. In it, Aya explained the concept of modern mentoring and outlined three innovative strategies that drive success. You can watch the on-demand ATD webcast or read on for the highlights. Modern Mentoring The idea … Read more
Deciding to implement a mentoring program is a great strategy for improving employee metrics like retention. A report from PeopleFluent shows that 78.8 percent of millennials said being a part of a mentorship program made them feel more engaged with their organization. As with any major project, proper planning is crucial to achieving your strategic goals. We’ve found that mentoring programs … Read more
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