Today, more organisations and businesses understand the benefit of mentorship in the workplace. 

Many of them are organising a formal mentoring program because they found that it increases productivity, knowledge transfers and develop leaders.

Recent research shows that 67% of businesses report an increase in productivity which is as a result of mentorship. 

A mentor can help you polish your professional skills, set goals, unbiased feedback. They are a trusted adviser that knows something about where you want to go. 

Your mentor can be in the same organisation as you or in a different organisation but the same field.

In this post, we will look at the benefit of receiving mentorship and the benefit of mentoring others in the workplace.

Benefits of a workplace mentor

1. Improved personal and career development

A mentor can help you grow as a person as well as in your career.  The great thing about getting a mentor in the workplace is you don’t feel stagnant. Most times people become stagnant in their organisation, in their jobs or even in their career, everything becomes redundant and frustrating, they become fade up with the job they once loved. 

Having someone to guide, challenge you, offer you the support and resources you need to grow and propel in your career would help improve you as a person as well as your career.

2. Unbiased feedback and advice

If you find yourself at a crossroads within your career or personal life and you don’t know what to do, for example, you got a job offer in another organisation, you may be contemplating whether you should accept the offer or continue in your present organisation. 

A mentor is someone that would give you advice on how to problem-solve or how to deal with certain challenges that you may encounter on your career journey. This is important because it does not only develop your career but it develops you as a person.

3. Improve onboarding and productivity

There’s nothing as frustrating as being in a new organisation or taking up a new role and not knowing what to do or the next step to take and you might be too afraid to ask. These are things you are relieved from once you get a mentor, you feel at ease in your new position or organisation.

Feeling overwhelmed can keep you stagnant and afraid, it can result in poor performance Having a mentor improves productivity because you receive support. For example, you may need answers to certain questions and if you encounter any problem you have someone you can go to for help.

Mentorship leads to enhanced job satisfaction, there’s nobody more productive than an employee that feels they are satisfied in their job. They understand what is expected of them, they meet those expectations, they attain their goals and becomes the best at what they do.

4. Leadership development

As you begin having a relationship with your mentor, it exercises your leadership abilities and capabilities and those traits that build you to become a leader. 

Your mentor is someone with more experience than you so you learn a lot from them. As a mentee, you experience faster personal growth because you have someone holding your hands towards your goal.

Having a mentor provides you with a sense of purpose and intentionality in your career growth. This strengthens you for any leadership position whether in your present organisation or in the future.

Benefits of mentoring others

The benefits of being a mentor are immersed. Recent research shows that people who had acted as mentors were six times more likely to be promoted than those who didn’t, and 20% more likely to get a raise.

1. Grow your professional network

Being a mentor helps to build up your professional network. For every mentee you work with, your network is going to grow by not just one but probably five to ten people due to the people you will meet through them and the people you will meet for them when you look for people to help them

It is believed that the most connected people are often the most successful. As a mentor, expanding your network gives you more opportunities to grow and advance in your career.

2. Improve your leadership skills

Mentoring helps to improve your leadership skills. As a mentor, you are the driver of your mentorship relationship with your mentee. 

While mentoring you make use of leadership skills such as helping others grow and achieve their goal, you teach your mentee from your experiences to help them achieve their goal

Mentoring makes use of leaderships skill like giving unbiased feedback. As a mentor, you have to always be honest when giving feedback. The truth should be over emotions. This is done with the purpose of helping the mentee achieve their goalsOver time, being a mentor will help you develop valuable leadership skills such as giving unbiased feedback, communication skill, responsibility, these are valuable skills in any workplace.

3. Boost your confidence

Being a mentor helps to boost your confidence as well as your professional fulfilment.

You may be mentoring a future leader, future employer, future director or even a future minister, making an impact in such a person’s life is also equivalent to making an impact on the world.  

As a mentor, there’s nothing as fulfilling as seeing your mentee grow and achieve their goals.

When they succeeds it becomes your success because your advice and encouragement are what has brought them to where they are. 

In conclusion, mentorship is very important especially for those who want to see themselves grow in a specific industry or in a specific organisation. 

Getting a productive mentorship relationship begins by getting a good mentor. As a tip, getting Mentortribes mentorship would help you achieve your career goal with ease and set you up for success.