# 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.

## Ready to increase retention with mentorship?

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