Why Mentoring Is Beneficial
As an employer myself, years ago when I was first approached about mentoring or apprenticeship programs, I too was wary. “How much is that going to cost me?" and “What if I spend a lot of money only to see the employee move on?"
Indeed these are valid questions; however, what if you found a person to mentor that wanted to work in your field of industry, needed some guidance to obtain his or her goals, and you could mentor that person for free?
Employee mentoring programs can be unpaid or paid, and in some states, you can even have the apprentice’s wages paid by your local Department of Labor. To learn more about the U.S. Department of Labor Registered Apprentice program visit their website, or check with your local office. In some cases, the federal or state programs offered will pay both the wages and your share of 941 employee taxes. In other instances, you may only get the wages paid or the 941 tax paid. Either way, these types of federal and state government programs make it very easy to setup an employee mentoring program for your business.
In free or state-funded mentorship programs, you really have nothing to lose and perhaps a lifetime employee to gain. Below, we'll look at two types of mentoring programs; those for new apprenticeships and those for existing employees.
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