11 January 2023Back to Blog
58 Benefits & Perks: Mentoring scheme
What is Mentoring?
Mentoring is one of our focal Perks and Benefits here at 5874 Commerce. Its purpose? To motivate each other by expanding skill sets, knowledge and past experiences. A mentoring relationship is one where both mentor and mentee recognise the need for personal development. Successful mentoring is based on trust and confidentiality. Mentoring can also create opportunities for those employees who are interested in interlinked roles or different departments.
Mentoring Scheme at 5874 Commerce
January is known as National Mentoring Month. We introduced our very own mentorship scheme this time last year, and it’s something we’re incredibly proud of!
Our company offers peer-to-peer mentoring, but members of the team can also reach out externally and find people outside the organisation who can help them advance in their careers and personal lives.
Here’s what Liz Parr, People and Culture Manager, had to say about our mentoring scheme:
“We are very proud of our mentorship scheme. We have already seen some brilliant results and it has really helped the confidence of our team members – we can’t wait to develop and see it grow even further.”
It is our belief that by transferring skills and experiences to those who want to expand their knowledge within the industry, the team will be able to grow and prosper.
The Benefits of Mentoring
The overall goal is to help mentors and mentees by encouraging and empowering them in their personal development as well as in achieving their career goals.
Enhance career development
Enhancing career development is essential for mentorship between two people who have similar interests in the industry. Providing career mentors to less experienced employees promotes their skill development and social ties with the organisation in a way more meaningful than job training.
Both mentors and mentees can utilise mentoring to prove themselves by putting into practice what they discuss during their mentoring sessions. The goal for employees is to grow holistically rather than focusing on learning new skills and being evaluated based on them. This often involves building relationships with their mentors and absorbing as much knowledge about their careers as possible.
Mentors share their experience to guide mentees on their future career and life choices. Through the mentor’s guidelines, the mentee can use the mentor’s past experience and future goals as guidance for their own career path.
Mentorship is a collaboration between two people who are committed to growing and progressing in one another skill sets and ultimately identifying what they need to be the best version of themselves in a working environment. Just like other relationships, mentoring is built on trust, patience and encouragement.
Promoting a culture of collaboration and creating a positive work environment can have a beneficial impact on your business.
As new applicants know they have support from other employees, mentoring can encourage them to apply for your organisation. New employees are able to gain advice from more experienced employees that have years of experience in their field. It’s safe to say no matter where you are on your career journey, the importance of having a mentor is undeniable, whether you just started or are seeking to broaden your horizon!
According to sources from Randstad employees participating in the mentoring program were 49% less likely to leave. This further indicates that mentoring can satisfy employee desires for career progression and the development of their knowledge and skill sets.
More Benefits of Mentorship:
- Learn more about the workplace culture
- Skills development
- Networking opportunities
- Potential for promotion
- Knowledge transferring
Clarity, Communication and Commitment – This is the key to a successful mentoring scheme. Employees, especially those who have just joined, need mentoring opportunities to get started. They can learn more about workplace culture and develop the skills they need to succeed. Your employees will not resist joining mentor schemes like ours, once they see how mentoring can improve collaboration and morale!
For more information on our mentoring program please contact us here.