More than 70% of Fortune 500 companies implement mentoring programs for their employees, with the aim of enhancing performance and reduce talent turnover. However, should the mentorship program be mandatory?

💡Case Study (reference: Harvard Business Review)

A study of 603 new sales reps at a U.S. call center found that

• 🚀Mandatory 4-week mentoring program resulted a 19% increase in daily revenue over unmentored peers, with sustained gains over 6 months, and a 14% higher retention rate.

• 💼Optional mentoring program: reps were given the option to choose mentoring, lasting benefits were not observed, with no significant difference in productivity after three months, although both groups outperformed those who opted out.

📈R.O.I 📈:  870% from the mandatory mentorship group- considering both administrative costs and the lost opportunity cost of mentors and mentees being unavailable for calls during meetings.