Making Mentoring Matter


(This post is part of our 2014 Resolve to Evolve program.)

Is mentoring much ado about nothing, or is there something to the idea of learning directly from (or teaching) peers? You be the judge:

Sun Microsystems compared the career progress of approximately 1,000 employees over a 5-year period and here’s what they found:

  • Both mentors and mentees were approximately 20% more likely to get a raise than people who did not participate in the mentoring program.
  • 25% of mentees and 28% of mentors received a raise – versus only 5% of managers who were not mentors.
  • Employees who received mentoring were promoted FIVE times more often than people who didn’t have mentors.
  • Mentors were SIX times more likely to have been promoted to a bigger job.

(See How Becoming A Mentor Can Boost Your Career – Forbes, 2011)

This Week

To find a mentor: consider your strengths and weakness and identify individuals you already know who might be easy to approach

To become a mentor: think of individuals you know who have the capacity to accelerate their careers; consider what you might be able to teach them

Recommended Reading

 

Coaching and Mentoring: How to Develop Top Talent and Achieve Stronger Performance (Harvard Business Essentials)

Monday Morning Mentoring: Ten Lessons to Guide You Up the Ladder

Power Mentoring: How Successful Mentors and Proteges Get the Most Out of Their Relationships

In the Comments

Tell us what you think about mentoring; do you have a good experience to share or questions about approaching a potential mentor?

 

 

 

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Nikki Powell

Nikki Powell is PEAK Grantmaking's communications and practices director. You can find her on Twitter @nikkiwpowell.