Mentoring programs as a successful policy for companies
Mentorship is important not only for work-based learning, but also benefits companies’ reputations and work environment
The trainings conducted in a real working environment, under the guidance of mentors, are very important for students in vocational schools because they increase the opportunities for later professional realization.
In reference to the lack of visible active cooperation between schools and business in Mechanical Engineering, Metalworking and Metallurgy sector, there’re many benefits for the companies, promoting mentoring programs.
The business should embrace, promote and value mentoring programs to realize a return on investment. Here’re the advantages of mentoring programs at companies and evidences for the presented statement, according to "Harvard Business Review" writer Amy Gallo:
- Shows the Company Cares
The biggest benefit of providing business mentors is having someone the mentee can meet and ask questions. The mentor can be a sounding board, helping sort out options and giving advice on business matters. A mentee, on the other side, can spark a mentor's creativity or re-energerize his career by discussing new ideas, sharing contacts or exploring new technologies or programs together.
- More Engaged Workforce
Companies benefit from mentoring programs because they contribute to the development of a better-trained and engaged workforce. Mentors help mentees learn the roles at a company, develop relationships across the organization, and identify skills that should be developed or improved upon.
- High Job Satisfaction
Mentoring programs play a key role in decreasing employee turnover. A 2013 study, "Career Benefits Associated with Mentoring for Mentors", published in the Journal of Vocational Behavior, discovered people who have the opportunity to serve as mentors experience greater job satisfaction and a higher commitment to their employer." A mentor helps alleviate any job frustration the mentee has through one-on-one training or coaching and providing insights into the corporate culture.
Mentoring programs are a cost-efficient way to get employees engaged and empowered. These programs enable companies to develop the talent they already have and increase productivity across the organization.