Mentoring for Retention

Your Secret Weapon
for Retaining Your Members and Employees

From industry associations to corporates, mentoring is the universal solution for improving retention for members or employees.

Retaining talent has become a top operational priority, beating revenue growth

(Fortune)

87% of HR leaders consider improved retention a high priority for the next 5 years. Not surprising, considering the cost to replace a highly-trained employee is likely over 200% of their annual salary!

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WATCH: Mentorloop Co-Founder & COO Heidi Holmes, joined by the program coordinators at HP, talks about how mentorship drives retention.

A mentoring program is a critical tool in your retention arsenal that helps you excel in the areas that influence retention:

Belonging
Employees with mentoring connections feel like they belong in their workplace, leading to more satisfied and productive employees who are happy to stay.

Engagement
When people make connections at work, they become more engaged, not just with their colleagues, but also with the work they do and the organization as a whole.

Learning and Development
When you show your people that your organization cares about their development as a professional and as a person, they stay.

Elevate your memberships by enabling human connections

Retaining your members is all about engagement and membership value. Mentoring programs address both!

Member Engagement
Mentoring allows you to build an environment that encourages learning and sharing of ideas, leading to increased participation in your other activities. And you know what engaged members do? They renew their memberships!

More than Memberships
By connecting your members with mentoring partners, you give them opportunities to grow within your industry and find more meaning in their careers – exactly what they join associations for!

And when you give them what they want, they don’t look elsewhere.

FREE WEBINAR KIT
Engaging Industry Association Members Through Mentoring
Learn all about how industry associations can use mentoring to address member engagement and retention issues, as well as the cost that comes with both.

Watch the preview:

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Discover why people heroes choose Mentorloop

This might be the best piece of software I've ever used. We were able to grow our mentoring programme here at LEAD Network, thanks to the efficiency and functionality we gained by having Mentorloop. Now we’re in a position to significantly scale the reach and impact our mentoring programme to our members!

Mentorloop streamlines the mentoring process, promotes structured communication, and fosters a culture of growth and collaboration within organizations with features that cater to both mentors and mentees. For us at Heinemann, Mentorloop is an indispensable tool for unlocking the full potential of mentorship programs.

Through efficient matching tools and resources to structure mentoring relationships, we have shifted the heavy-lifting part of mentoring, getting our people focused on driving their own development and having quality conversations.

Mentorloop came out as the lowest investment, highest value learning program that we run. Mentorloop is the lowest investment for us in terms of the cost of the platform and resourcing to manage and to report on.

Mentorloop allows us to have a great program with little overhead cost. Additionally, it has improved cross-discipline connections across our North and South American offices. Our previous mentoring programs have all lost momentum until we adopted Mentorloop as our tool.

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