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In the past mentorship played a much larger role in the workplace. Employees were often seen as the protege of the boss, and because of this relationship employers imparted with wisdom and helped to guide those that worked underneath them. To be  successful, it is vital that the employee’s purpose aligns with the core of the company’s. Business will thrive when everyone is on the same page.

Creating a mentorship program in the workplace has shown to increase job satisfaction and in turn, increase productivity. The effects resonate throughout the entire organization.

A mentorship is when an individual with experience shares their knowledge and offers guidance to someone else, relatively new in a common field. Both parties reap the benefits of this type of relationship. Mentees learn skills and perspectives to help them accomplish their goals, and mentors are more likely to receive promotions or even raises.

In order for mentorship programs to be successful the relationships should feel personal. In some instances, companies have allowed mentee’s to have a say in who they would like to mentor them. This helps to ensure that it will be a good match. No one wants to feel as though it’s something that human resources is requiring everyone to do.

Those that get involved in mentorship, on either side, are sure to gain personal and professional development. The lessons that these relationships teach can help individuals to possess better insight and achieve personal goals.

In more than half of Fortune 500 companies, mentorship in the workplace is on the rise. Building a program that allows coworkers to form these relationships is proving to help retain employees and bring out the best from them. Furthermore, having a mentor to answer questions, provide guidance and extend  encouragement will have employees striving for more.

If you, as a leader, are looking for ways to help employees gain confidence to reach higher levels of performance, mentorship is something that you must consider.