Mentoring has become a key tool to increase results in companies. Through this program, employees acquire new competencies and skills that allow them to be more effective in their roles as leaders, by sharing valuable knowledge and experience, which positively impacts the financial results of the companies.

Mentoring has become a key tool to increase results in companies.

According to the Talent Management Manager at Cornerstone Peru, Enori Larrabure, “the mentoring program encourages learning and constant growth of each team; therefore, 70% of the companies that offer it witness an increase in the satisfaction and commitment of their employees, which, in turn, translates into an increase in productivity and profitability. In addition, eight out of 10 companies that have this service report improved employee retention.”

Employee retention.

Details that the actions of mentoring that drive corporate financial success are:

1

A mentoring program reduces turnover costs. Having experienced mentors guiding employees in their professional development, providing constructive feedback and emotional support encourages greater retention by reducing stress levels and dissatisfaction that are often contributing factors in turnover.

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Because company leaders can share their knowledge and experience with younger and less experienced employees, guiding them through their challenges and helping them to develop skills and competencies needed to cope with current and future scenarios.

3

Helps attract new and better talent. This program allows you to create a culture of constant learning and growth in the company, which attracts ambitious and motivated professionals who are looking for opportunities to develop and advance in their careers.

On the other hand, Larrabure stresses that the mentoring program is not only useful for larger companies, but can also be beneficial for smaller companies, as it is a cost-effective way to progressively boost their financial performance and their ability to retain and attract talent in an increasingly competitive job market.

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