03/20/2020

Three Crucial Strategies for Effective Mentoring

Consider these strategies when eyeballing a "reboot"

A strong mentoring program can lead to better employee engagement and retention. And it’s not just a pie-in-the-sky perk: 71 percent of Fortune 500 companies offer mentoring programs to their employees.

“Especially if you’re located in a major tech hub, mentorship as a perk is the new La Croix—except that it’s a lot more meaningful and effective in breaking silos and building a productive workforce,” said Charu Sharma, the founder and CEO of the artificial intelligence-based mentoring app NextPlay.ai, in a column for Inc.

Mentoring may matter even more for young women. A recent study by the University of California, Berkeley Haas School of Business found that women gained more social capital from affiliation with a high-status mentor than their male counterparts did. Nevertheless, a 2016 survey by the staffing firm Accountemps found that while 33 percent of men had mentors, only 18 percent of women did.

Please select this link to read the complete article from Associations Now.