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MENTORING STATISTICS: THE RESEARCH YOU NEED TO KNOW

February 3, 2020
Nicola Cronin

For years, finding a mentor has been advocated as a career and personal
development practice. In 2020, more individuals than ever want a mentor, and
more organisations are trying to provide mentoring in the workplace as a
learning and development initiative.

The benefits of mentoring are vast, for both the person being mentored, the
person doing the mentoring, and the organisations they work at. Countless
studies have been carried out on the positive effects mentoring can have, from
confidence, to mental health, to promotion likelihood.

There's a lot to read about mentoring on the internet. But if you want a summary
of all the best mentoring statistics and research on its effects, we've done the
reading for you and compiled it all in one place!

So whether you're looking to learn more about mentoring, or need some killer
stats to support your mentoring program at work, look no further...

‍


GENERAL MENTORING STATISTICS:

 * 71% of Fortune 500 companies have mentoring programs
 * Of those with a mentor, 97% say they are valuable (Source)
 * Yet only 37% of professionals have a mentor (Source)
 * 89% of those who have been mentored will also go on to mentor others (Source)

‍


MENTORING FOR CAREER DEVELOPMENT STATISTICS:

 * 25% of employees who enrolled in a mentoring program had a salary-grade
   change, compared to only 5% of workers who did not participate (Source)
 * Mentees are promoted 5 times more often than those without mentors (Source)
 * And mentors themselves are 6 times more likely to be promoted (Source)
 * 89% of those with mentors believe their colleagues value their work, compared
   with 75% who do not have mentors (Source)
 * 87% of mentors and mentees feel empowered by their mentoring relationships
   and have developed greater confidence (Source)

‍


Infographic Source: Teach.com

‍


MENTORING TALENT RETENTION STATISTICS:

 * 79% of millennials see mentoring as crucial to their career success (Source)
 * But 63% of millennials say their leadership skills are not being fully
   developed (Source)
 * 49% of millennials would, if they had a choice, quit their current jobs in
   the next two years (Source)
 * And millennials will comprise more than 75% of the workforce by 2025 (Source)
 * Millennials intending to stay with their organisation for more than 5 years
   are twice as likely to have a mentor than not (68% vs 32%) (Source)
 * Top reasons for millennials wanting to quit are 'Not enough opportunities to
   advance' at 35% and 'Lack of learning and development opportunities' at 28%
   (Source)

‍

‍


MENTORING FOR DIVERSITY STATISTICS:

 * Mentoring programs boosted minority representation at the management level
   from 9% to 24% (Source)
 * As well as promotion and retention rates for minorities and women from 15% to
   38% as compared to non-mentored employees (Source)
 * Women are more likely to have a mentor than men – 54% vs 48% (Source)
 * 38% of female employees (in companies that have at least 30% women on their
   board) who have exposure to senior mentors believe they will make it to the
   board themselves, compared with 21% of women from companies under 30% target.
   (Source)

Read more on mentoring for diversity and inclusion:

 * How Mentoring Empowers Women In Their Careers
 * How To Improve Diversity & Inclusion With Mentoring

‍


MENTORING FOR ORGANISATIONS STATISTICS:

 * 67% of businesses reported an increase in productivity due to mentoring
   (Source)
 * 55% of businesses felt that mentoring had a positive impact on their profits
   (Source)
 * More than 4 in 10 workers who don’t have a mentor say they’ve considered
   quitting their job in the past three months (Source)
 * 71% of people with a mentor say their company provides them with good
   opportunities to advance in their career, compared with 47% of those without
   a mentor (Source)
 * 94% of employees said they would stay at a company longer if they were
   offered opportunities to learn and grow (Source)

‍


READ MORE...

Mentoring in 2022: Beat the Great Resignation
11/24/2021
Find out how mentoring can help you retain and attract talent in 2022, as well
as support hybrid working.
How to Create a Mentoring Culture in your Workplace
8/23/2021
Take mentoring to the next level in your organisation by working on building a
mentoring culture. Here are some of our top suggestions for going beyond a
mentoring program.
Top Mentoring Challenges and How to Overcome Them
8/12/2021
Mentoring programs don't come without their challenges. Whether you're a program
lead, a mentor, or a mentee, here are some ways to overcome the top mentoring
challenges.
Ready to find out more?
Chat with our team about mentoring in your organisation and find out how Guider
can help.
Book a Demo
© Copyright 2020 Guider. All rights reserved.
Made with 💜  in London

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