The Benefits of Mentoring

Leaders leverage their value through their ability to teach and develop others. A mentoring program is a great way to accomplish this goal. It increases worker loyalty, boosts retention, and augments the organization’s talent supply.

Benefits to mentors:

  • Ensures that their legacy is carried on by sharing their experiences and knowledge.
  • Encourages continual self-education. Mentors have to stay current and keep learning.
  • Provides career advancement. Organizations value mentors for their teaching ability.
  • Enhances self-esteem and satisfaction in having helped others.
  • Revitalizes their own interest in work.

Benefits to associates:

  • Gives more practical, concrete experience than training classes.
  • Builds self-esteem by letting them take the spotlight in some transactions.
  • Gives a more realistic picture of real estate sales.
  • Provides exposure to existing, tested organizational tools that they can adapt.
  • Creates opportunities to build contacts and develop a network.
  • Provides direction in reasonable goal setting.
  • Improves job satisfaction.

Portions adapted from “A New Role for Managers: The move from directing to coaching,” Patricia M. Buhler, Supervision, October 1998.

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