As we continue to emphasize the importance of mentorship this month and beyond, we hope to inspire leaders to learn more about the versatility of mentorship in 2023.  Our newest article titled after our theme "Mentorship For All" explores why mentorship is indeed for all in the following four themes: 

• Bringing out the best in a multigenerational workforce

• Supporting career pivots  into lucrative industries at any career stage

• Enhancing and promoting diversity equity, and inclusion in organizations

• Building employee engagement and connection

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Read a snippet below of our article: 

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MENTORSHIP FOR ALL

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As life post-pandemic continues, the state of employment continues to be as unpredictable as ever. In 2021-2022, there were many stories about “the great resignation” across North America. These stories painted a picture of masses of employees feeling compelled to leave their current roles and seek out new opportunities that better aligned with their values and expectations. In Canada, this manifested itself as more of a “great reflection”. 

 

While employees were resigning to pursue other opportunities in the United States, it was not on a mass-scale for Canada.  In fact, job rates remained relatively consistent or within normal fluctuations post pandemic when compared with pre-pandemic.  “It’s not so much a ‘Great Resignation’ but a ‘Great Rethink’ or a ‘Great Reconsideration’ of the type of work that people want to do,” David Coletto, CEO , Abacus Data. The outcome of more employees embracing  “the great reflection” has forced employers to reevaluate their value propositions and employee benefits and re-examine how to deliver meaningful employee experiences that attract and retain top talent. 

 

In late 2022, there was yet another shift in the workforce as some of world’s largest companies, Amazon, Meta, Snapchat, Netflix and Twitter, announced massive layoffs and hiring freezes to adjust to the impact of inflation. In the tech industry alone, it has been estimated that there will have been over 120,000 layoffs in 2022. This ushered in stories of “the great regret” where employees who joined the great resignation/reconsideration found higher than anticipated difficulty acquiring a new role and perhaps realized that the grass may not always be greener on the other side. 

 

Yet through all these changes, the value of mentorship to organizations and communities has not changed.  Perhaps it's become more than ever, a critical tool in an employer’s arsenal to to effectively compete for talent in the future of work.  Similarly for talent, mentorship serves as an effective learning tool. In fact “continuous learning and curiosity” is cited as a top-10 skill according to Future Skills: The 20 Skills and Competencies Everyone Needs to Succeed in a Digital World and many more thought leaders on the future of work. Due to its versatility, mentorship can be a meaningful and cost effective solution to help talent and employers adapt as the world of work continues to evolve....

 

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