Both graduate students and faculty mentors derive a number of benefits from a successful mentoring relationship. Long range benefits to protégés who enter both business and academic professions include accelerated promotion rates, greater career mobility, higher overall salaries and compensation packages, greater personal and career satisfaction, enhanced professional confidence and self-esteem, decreased role-stress, reduced work-family conflict, and a sense of enhanced power within the organization (Johnson, 2003).
Active mentors report enhanced career satisfaction and fulfillment, creative synergy and career rejuvenation, loyal support from previous protégés, and organizational recognition for skill in talent development.
Mentoring enables graduate students to:
Mentoring enables faculty members to: