SlideShare a Scribd company logo
together
JULY 2018
The gap in North
American corporate
mentorship
Report on corporate mentorship
Supported venture
When done right,
mentorship clearly
improves employee
retention and
performance . . .
Those intending to stay with their organization for
more than five years are twice as likely to have a
mentor (68 percent) than not (32 percent)
- Deloitte Millennial Survey
Mentoring connections made early on are related to
productivity levels five years later
- Google re:Work employee study
Mentorship is the most effective diversity initiative
and can boost the representation of minority groups
at the manager level by 9 to 24%
- Cornell University IRL School research paper
3
. . . but how
are North
American
corporations
performing?
To find out, we interviewed & surveyed employees
from 50+ leading North American companies
Select companies involved
4
Despite the value of mentorship
not all companies facilitate it
68 percent of employees think
mentorship is either important
or very important
Yet only 57 percent of
companies have a formal
mentorship program
Together provides an end-to-end
mentorship platform that makes it
easy to implement and
administer a best-practice
mentorship program right out of
the box
How Together can help
70 percent of employees
think 2 - 3 mentors is the
ideal number
Even when formal programs
exist, it’s often not enough
Together aims to maintain 2
stable mentor pairings for every
mentee on an ongoing basis
Together introduces 1 additional
mentor per quarter to improve
company networking
63 percent of formal
programs only provide 1
mentor
49 percent of
employees have 1
mentor or less
How Together can help
Mentorship needs change over
time but programs don’t adapt
How Together can help
Percent of employees who think senior or junior mentorship is
important or very important by tenure
“I didn't have
anything to ask my
senior mentor when I
first joined”
“A junior mentor is
super useful at the
beginning to ask all
the stupid questions”
“My company never
updated my pairing
as my needs
changed”
Together uses contextual pairing
to pair the right mentors with
mentees at the right time
In addition to accounting for a
mentee’s tenure, Together also
evaluates a mentee’s evolving
goalsMentee tenure
Mentees want consistent
mentorship sessions
“I’m nervous to put time on
my mentor’s calendar
because he’s very busy”
“I wish our program was
more structured on when to
meet our mentors”
“My program didn’t provide
any support in scheduling
meetings”
Our mentorship platform
automatically helps schedule
mentor and mentee meetings at
the appropriate cadence to
ensure mentees get the time they
deserve
49 percent of employees
want mentorship once per
month
But aren’t always able to get
mentorship frequently
enough
How Together can help
Lack of follow-up means
mentees fall through the cracks
In addition to assisting in the
scheduling of meetings, Together
follows-up with mentees to
confirm they met their mentor
and check on how valuable they
found the meeting
HR never followed-up on
pairings in 65 percent of
programs to see if mentors
met their mentees
“My mentor had already left
the company by the time I
joined”
“I never reached out to my
mentor and he never
reached out to me”
“I met my mentor once, but
didn’t have a good personal
fit”
Meaning some mentees
never got the mentorship
they needed
How Together can help
Many factors influence a good
mentor-mentee pairing
“My pairings felt like
HR randomly
assigned them”
“I need my mentor to
have similar interests
to build a personal
connection”
“I didn’t relate to my
mentor at all”
Together makes it easy to collect
the relevant information and
incorporate it into the pairings
Moreover, it uses AI to learn over
time what makes the best
pairings in your company
Percent of employees who think each criterion for pairing is either
important or very important
How Together can help
Organic mentorship is the most
valuable, but needs support too
Together doesn’t only focus on
forced pairing
If a mentee finds a mentor
organically, our platform still
supports this relationship by
helping guide the mentors and
mentees to meet at the right
frequency and keep their
conversations focused on goals
63 percent of mentees found
their most valuable mentor
outside of a formal program
Yet programs don’t provide
support for these types of
mentors
“I wish there was more
support for mentoring
outside of the assigned
pairing”
“When it comes to finding
your own mentor, you’re on
your own”
“I have people I think are my
mentor, but I can’t be sure”
How Together can help
11
Diversity group pairing is
essential for some, but not all
Together allows employees to
anonymously identify with a
diversity group, which will be
incorporated in their mentorship
pairing
“There are some
questions I would
only be comfortable
asking another
woman”
“I don’t think my
minority group has
any unique
challenges”
“I’d be comfortable if
I knew it was
completely
anonymous”
41 percent of employees from diversity
groups think it’s important or very
important that a mentor come from the
same group
28 percent of employees from diversity
groups think it’s not important or
somewhat not important that a mentor
come from the same group
How Together can help
12
Personal
Dossiers
Contextual
Pairing
Feedback
Cultural
evolution
Reporting Session
efficacy
Every employee gets a virtual
dossier that tracks their
goals, skills and more
Proprietary analysis of dossiers &
mentor strengths assigns pairings.
When employee goals change,
mentor-mentee pairings adapt too
We find out what topics
everybody advises on best -
and how good they are at
delivering that advice
All employees (except new
hires) can mentor, and the
best mentors are rewarded
Quickly understand progress,
engagement and satisfaction
How Together works
Before every meeting, an
email reminds the pair of the
mentees goals, and best
practices for the session
13
Why it works
Low Friction
Workflow
Employees engage
primarily via email reply.
HR admins engage via a
browser-based admin
portal
Continuous
Engagement
Together doesn’t stop at
pairing, it supports the
entire mentorship
lifecycle so that
employees are always
engaged with
mentorship
Contextual
Mentorship
A person’s career isn’t
static and neither is our
platform; Together’s
mentorship support is
tailored to each step of a
person’s career
14
How we
measure
success
​Regrettable Attrition Rates
​A decrease in the number of employees that leave prematurely
Mentorship Satisfaction Rates
We measure what employees think
Performance
Your managers will notice the difference
together
Supported venture
info@togetherapp.io
togetherapp.io

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Report on corporate mentorship

  • 1. together JULY 2018 The gap in North American corporate mentorship Report on corporate mentorship Supported venture
  • 2. When done right, mentorship clearly improves employee retention and performance . . . Those intending to stay with their organization for more than five years are twice as likely to have a mentor (68 percent) than not (32 percent) - Deloitte Millennial Survey Mentoring connections made early on are related to productivity levels five years later - Google re:Work employee study Mentorship is the most effective diversity initiative and can boost the representation of minority groups at the manager level by 9 to 24% - Cornell University IRL School research paper
  • 3. 3 . . . but how are North American corporations performing? To find out, we interviewed & surveyed employees from 50+ leading North American companies Select companies involved
  • 4. 4 Despite the value of mentorship not all companies facilitate it 68 percent of employees think mentorship is either important or very important Yet only 57 percent of companies have a formal mentorship program Together provides an end-to-end mentorship platform that makes it easy to implement and administer a best-practice mentorship program right out of the box How Together can help
  • 5. 70 percent of employees think 2 - 3 mentors is the ideal number Even when formal programs exist, it’s often not enough Together aims to maintain 2 stable mentor pairings for every mentee on an ongoing basis Together introduces 1 additional mentor per quarter to improve company networking 63 percent of formal programs only provide 1 mentor 49 percent of employees have 1 mentor or less How Together can help
  • 6. Mentorship needs change over time but programs don’t adapt How Together can help Percent of employees who think senior or junior mentorship is important or very important by tenure “I didn't have anything to ask my senior mentor when I first joined” “A junior mentor is super useful at the beginning to ask all the stupid questions” “My company never updated my pairing as my needs changed” Together uses contextual pairing to pair the right mentors with mentees at the right time In addition to accounting for a mentee’s tenure, Together also evaluates a mentee’s evolving goalsMentee tenure
  • 7. Mentees want consistent mentorship sessions “I’m nervous to put time on my mentor’s calendar because he’s very busy” “I wish our program was more structured on when to meet our mentors” “My program didn’t provide any support in scheduling meetings” Our mentorship platform automatically helps schedule mentor and mentee meetings at the appropriate cadence to ensure mentees get the time they deserve 49 percent of employees want mentorship once per month But aren’t always able to get mentorship frequently enough How Together can help
  • 8. Lack of follow-up means mentees fall through the cracks In addition to assisting in the scheduling of meetings, Together follows-up with mentees to confirm they met their mentor and check on how valuable they found the meeting HR never followed-up on pairings in 65 percent of programs to see if mentors met their mentees “My mentor had already left the company by the time I joined” “I never reached out to my mentor and he never reached out to me” “I met my mentor once, but didn’t have a good personal fit” Meaning some mentees never got the mentorship they needed How Together can help
  • 9. Many factors influence a good mentor-mentee pairing “My pairings felt like HR randomly assigned them” “I need my mentor to have similar interests to build a personal connection” “I didn’t relate to my mentor at all” Together makes it easy to collect the relevant information and incorporate it into the pairings Moreover, it uses AI to learn over time what makes the best pairings in your company Percent of employees who think each criterion for pairing is either important or very important How Together can help
  • 10. Organic mentorship is the most valuable, but needs support too Together doesn’t only focus on forced pairing If a mentee finds a mentor organically, our platform still supports this relationship by helping guide the mentors and mentees to meet at the right frequency and keep their conversations focused on goals 63 percent of mentees found their most valuable mentor outside of a formal program Yet programs don’t provide support for these types of mentors “I wish there was more support for mentoring outside of the assigned pairing” “When it comes to finding your own mentor, you’re on your own” “I have people I think are my mentor, but I can’t be sure” How Together can help
  • 11. 11 Diversity group pairing is essential for some, but not all Together allows employees to anonymously identify with a diversity group, which will be incorporated in their mentorship pairing “There are some questions I would only be comfortable asking another woman” “I don’t think my minority group has any unique challenges” “I’d be comfortable if I knew it was completely anonymous” 41 percent of employees from diversity groups think it’s important or very important that a mentor come from the same group 28 percent of employees from diversity groups think it’s not important or somewhat not important that a mentor come from the same group How Together can help
  • 12. 12 Personal Dossiers Contextual Pairing Feedback Cultural evolution Reporting Session efficacy Every employee gets a virtual dossier that tracks their goals, skills and more Proprietary analysis of dossiers & mentor strengths assigns pairings. When employee goals change, mentor-mentee pairings adapt too We find out what topics everybody advises on best - and how good they are at delivering that advice All employees (except new hires) can mentor, and the best mentors are rewarded Quickly understand progress, engagement and satisfaction How Together works Before every meeting, an email reminds the pair of the mentees goals, and best practices for the session
  • 13. 13 Why it works Low Friction Workflow Employees engage primarily via email reply. HR admins engage via a browser-based admin portal Continuous Engagement Together doesn’t stop at pairing, it supports the entire mentorship lifecycle so that employees are always engaged with mentorship Contextual Mentorship A person’s career isn’t static and neither is our platform; Together’s mentorship support is tailored to each step of a person’s career
  • 14. 14 How we measure success ​Regrettable Attrition Rates ​A decrease in the number of employees that leave prematurely Mentorship Satisfaction Rates We measure what employees think Performance Your managers will notice the difference