Agile Mentoring Statistics:
- Agile mentorship programs can boost team productivity by 60%
- Companies with agile-mindset mentoring programs can result in 24 percent to 59 percent lower employee turnover
- Agile-focused mentoring programs improve time-to-market delivery speeds from 37% to 50%
- Implementing agility mentoring programs can increase ability to finish on time and within budget by 61 percent to 67 percent
- Thought-leadereship and agility mentoring programs grow revenue 37 percent faster and generate 30 percent higher profits
Diversity Mentoring Statistics:
- Mentorship programs can boost the representation of black, Hispanic, and Asian-American women, and Hispanic and Asian-American men at manager levels by 9% to 24%, as compared to the other initiatives which have lower results ranging from -2% to 18%
- Mentoring programs boosted minority representation at the management level from 9% to 24%
- Increased promotion and retention rates for minorities and women from 15% to 38% as compared to non-mentored employees
- Mentoring has been found to have a significant impact on the psychology and confidence level of those from minority groups
- 32 percent of minorities indicated a mentoring relationship was “extremely important” as opposed to just 27 percent of the overall respondents
Millennial Mentoring Statistics:
- 79% of millennials see mentoring as crucial to their career success
- Top reasons for millennials wanting to quit are ‘Not enough opportunities to advance’ at 35% and ‘Lack of learning and development opportunities’ at 28%
- 63% of millennials say their leadership skills are not being fully developed
- Millennials intending to stay with their organisation for more than 5 years are twice as likely to have a mentor than not (68% vs 32%)
- Where it exists, mentoring is having a positive impact on 61 percent of the millennial workforce
- In the Millennials’ ideal workweek, there would be significantly more time devoted
to the discussion of new ideas and ways of working, on coaching and mentoring, and
on the development of their leadership skills
General Mentoring Statistics:
- 67% of businesses reported an increase in productivity due to mentoring
- 55% of businesses felt that mentoring had a positive impact on their profits
- More than 4 in 10 workers who don’t have a mentor say they’ve considered quitting their job in the past three months
- 71% of Fortune 500 companies have mentoring programs according to an American Society for Training and Development study
- Of those with a mentor, 97% say they are valuable
- 89% of those who have been mentored will also go on to mentor others
- 75% of executives credit their mentors with helping them reach their current positions.
- 25% of employees who enrolled in a mentoring program had a salary-grade change, compared to only 5% of workers who did not participate
- Mentees are promoted 5 times more often than those without mentors
- And mentors themselves are 6 times more likely to be promoted
- 87% of mentors and mentees feel empowered by their mentoring relationships and have developed greater confidence
- 71% of people with a mentor say their company provides them with good opportunities to advance in their career, compared with 47% of those without a mentor
- 94% of employees said they would stay at a company longer if they were offered opportunities to learn and grow
