GITNUX MARKETDATA REPORT 2024

Must-Know Mentoring Statistics [Recent Analysis]

Statistic 1

"71% of Fortune 500 companies have formal mentoring programs."

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Statistic 2

"28% of millennials in the workplace want a mentor."

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Statistic 3

"55% of professionals believe that mentoring can help enhance one’s career."

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Statistic 4

"97% of those participating in mentorship programs believe in the value of having a mentor."

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Statistic 5

"9 out of 10 HR decision-makers say that mentoring and coaching are the highest priority for talent development tactics."

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Statistic 6

"94% of small business owners consider mentoring as a crucial part of personal growth."

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Statistic 7

"E-mentoring programs have a 78% retention rate."

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Statistic 8

"At-risk youth with mentors are 55% more likely to enroll in college."

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Statistic 9

"76% of employees believe mentoring positively influences their professional growth."

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Statistic 10

"Minority workers who had a mentor received a statistically significant raise of about $600 more than those who never had a mentor."

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Statistic 11

"Mentoring can increase the probability of minorities and women becoming managers by 15% to 38%."

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Statistic 12

"Employees with mentors are found to be five times more likely to be promoted."

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Statistic 13

"73% of millennials see skills development as a reason to change jobs."

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Statistic 14

"Mentors can expand their professional networks by 50%."

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