With the recent development in technology and media, communication between two or more parties has become effective and efficient. Keeping the modern advancements in mind, people want to excel in every department, which is possible by proper understanding, learning and skilling.
Many mentoring platforms are available today, which have solved this problem to many extents.
When individuals join a mentorship program, they witness a lot of progress and improvement in their work and professional level.
Various studies have noted that when individuals become a part of any mentorship program, whether joined as mentors or mentees, they find the best outcomes for themselves. There are numerous benefits both the mentor and mentee acquire through these programs.
The demand for mentoring platforms is rapidly increasing over time. Hence, a few data and statistics lists displays the growth of mentoring media.
These mentoring platforms have affected many working individuals and the generalized population. When we look at the data of the generalized public’s involvement in these mentoring platforms, we find that:
Overall Mentoring Data and Statistics
- 88% of the individuals, both the mentor and mentee, remarked that mentoring sessions made them confident and motivated them to fight any circumstances.
- 96% of mentees feel that having a mentor is a life-changing process, and their work is now highly impactful and holds importance.
- 38% of the population have a mentor.
- 89% of mentees have a great chance to become a mentor to someone.
These are a few analyses made by observing the remarks and comments of the general individuals.
As we all know that mentorship and career growth are significantly interrelated to each other, let us now look at the points that display individuals’ development in their professional careers after attending the mentorship.
Data and Statistics in Career Progression and Employee Retention
- The chances of promotion increase up to five times when an individual goes for the mentoring programs.
- Also, individuals are promoted six times more when they have mentors than others without mentors.
- 30% of people get appraisal and salary raises if they have attended mentoring programs.
- Nearly half the population, i.e., 50%, remarks that mentoring programs help them start their own business.
- 87% of the mentees say that being a part of mentoring platforms helps them stay in the organization, enabling them to learn and grasp business workings more closely.
- Nearly 45% of individuals agree to connect with mentoring programs to stay in the organization.
- Around 95% of the individuals claim that if they are offered opportunities in the organization, they will remain in the company for the long term.
- 90% of the employees working with mentors claim they are happy within the institution.
- 40% of the employees without a mentor accept that they will likely quit.
These data have been extracted over the period showing employee retention in the organization. Also, mentoring platforms have helped them to grow professionally in their career.
When business is concerned, you cannot live all alone in the market. It would help if you had an alliance and must have an open mind for any business to become a success.
Organizations
must learn the techniques and implement the try and error methods to know what benefits them.
Thus, let us see the statistics list for the owners of the businesses and their contributions through these mentoring platforms.
Data Analysis and Statistics for Owners and Entrepreneurs of the Organization
- 70% of the big companies go for a mentoring program to understand diverse business situations.
- 57% of companies have a mentoring program for their business.
- 70% of small enterprises go for mentoring programs.
- 71% of small businesses have the chance to survive more than five or more years.
- Around 94% of small and medium-sized companies believe mentoring platforms can help them succeed.
- Only one-fourth of the small and medium enterprises have a mentor.
- 93% believe that their business has survived because they have a mentor.
- 60% of small business owners mentor others to achieve success.
- Around 57% of entrepreneurs guide young individuals seeking help in their start-ups.
- 90% of small business owners wish to have a mentor.
- Approximately 85% of business owners say mentoring has guided them to avoid making mistakes and make the right decisions for their organization.
- 70% of the businesses showed productivity in their interaction with the help of mentoring.
- 54% of industries claimed that mentoring had an optimistic impression on their job and gained their profits.
These are some data and analyses presenting mentoring programs’ significant role in the business environment.
You can refer to Askme, a leading mentoring platform for individuals seeking any help or assistance in their career growth.
They also guide you on recent trends such as start-ups, cryptocurrencies, banking and finance, entrepreneurship, business development in sales, marketing, etc.
You are exposed to various tools available in their software which allows you to make notes, chat, call, schedule meetings, events, calendar, etc.
