Onboarding Success: 5 Key Benefits of Mentorship
For a new employee starting a new job evokes a wide range of emotions. It can be exciting, overwhelming, and filled with many unknowns. For the employer, the balance between the need to quickly assimilate someone to the team while allowing the needed time to get acquainted is challenging.
New hire onboarding is essential to developing productive employees who stay with a company. When onboarding fails, turnover increases. And turnover is costly. Businesses need to create successful onboarding programs in order to boost employee retention. One way to do this is with a mentorship program. By leveraging the skill sets and experiences of mentors, you can create an environment of knowledge sharing and employee growth.
Key Benefits:
Support: Mentoring offers invaluable support to help employees quickly acclimate to their new role and organization. With the direction of an experienced and reliable mentor, employees gain insight into their organization's culture and develop confidence in their position. This kind of meaningful support can make all the difference for businesses looking to onboard new staff successfully.
Guidance: Mentors provide invaluable guidance to help new hires adapt and thrive in their role. The mentor's experience is a guide for new hires to understand the right resources, networks, and processes to use, allowing them to achieve their job goals quickly and successfully.
Knowledge Transfer: A qualified mentor, can provide knowledge based on their experiences that isn’t written in an employee handbook. This insight can accelerate the onboarding process. The new employee is able to become well-versed in their role and company faster than if they had to learn and discover information and processes themselves.
Improved Efficiency and Productivity: With mentorship, onboarding becomes more efficient as the new hire is able to learn and become comfortable with their job quickly while the mentor provides them with the best practices for how to work effectively. Resulting in the new hire reaching a higher level of productivity faster. This is why choosing the right mentor—effective and productive—matters!
Retention: Productive and healthy work relationships boost employee retention. Having a supportive and knowledgeable mentor to turn to in times of difficulty or uncertainty not only improves morale but also strengthens collaborative relationships, resulting in higher retention levels and a happier, more productive workplace. You’re providing your new hire with a valuable resource other than yourself.
The advantages are clear, new hire onboarding is more successful when accompanied by mentorship. Investing in successful mentor-mentee relationships will pay dividends in employee satisfaction, retention, and productivity. This relationship assists with putting the new hire in the best position to succeed in their role, which also benefits the company’s long-term success.
Ready to implement a mentorship program at your company? Our Mentorship Blueprint is your guide to building a thriving mentorship program that nurtures employee development, enriches company culture, and drives overall business success.
This page contains affiliate links meaning we earn a commission if you use those links. We only recommend brands we use and trust. See our disclosures.
Welcome to Joy of Pursuit!
Pursuing your small business goals can be challenging.
Whether you are a company of one or have a team, I can assist you with building the small business of your dreams.
