Employee Wellbeing:
A study by Ginger, the leader in on-demand mental healthcare organization, showed that nearly 70% of workers feel more stressed during COVID-19 than at any other point in their entire professional career, and one third of U.S. workers are losing two or more hours of productivity per day from increased stress
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” while just 27 percent of the overall respondents said so
In this survey by Sange and Srivasatave, employees who were part of a mentoring relationship were found to have significantly higher engagement scores than employees who were not. Mentored employees:
- Felt more positively about their organization as a place to work for
- Felt more positively about their organization’s senior leadership
- Believed their organization provided opportunities for career growth
- Felt informed about the future course of their organization
Researchers analyzed forty-three studies comparing the various career outcomes of mentored and non-mentored employees. Compared to non-mentored employees, mentored employees:
- Receive higher compensation
- Receive a greater number of promotions
- Feel more satisfied with their career
- Feel more committed to their career
- Are more likely to believe that they will advance in their career