Spark Team at ADP

(Originally published on ADP’s blog, “Spark”)

There are different types of mentorship that can help your organization cultivate talent. Here’s a closer look at four types of mentorships and how to build a culture of mentorship that helps them all succeed.

A culture of mentoring can have a transformative effect on employees’ careers and can help with both shaping organizational culture and spreading institutional knowledge. Developing a culture of mentoring can benefit your organization and its employees can enjoy a wide range of advantages, from stronger collaboration to more open dialogue to well-cultivated talent pipelines.

Research from The Mentor Coach Foundation notes that 97% of professionals with a mentor found the relationship valuable, yet just 37% of employees have access to mentorship. The interest is there, but the current number of opportunities doesn’t seem to correlate.

Click here to get a closer look at different types of mentoring and how cultivating a culture of mentorship can benefit your business.