A good mentor should also be empathetic, warm and supportive.(Photo:garagestock/Shutterstock)
Mentoring isn’t simply a “nice” thing to do. It can actually be a moneymaker for your agency. Consider that over one-quarter of employees surveyed in a Robert Half & Associates study admitted they are willing to quit a new job in the first three months if they aren’t satisfied.
The cost of employee turnover for a low-paying position — which typically suffers from high-resignation rates — can be 16% of the annual salary for that position. For mid-range positions, this jumps to 20%. If turnover continues unchecked, these costs are paid by the company again and again.
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