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Hanging on to high potential employees is challenging. Competition with other companies is strong as most employees are constantly searching for career growth opportunities. Research has found that many people already in full-time jobs are still passively seeking a better job somewhere else. The average job posting gets 250 applicants. So, even if you have all your positions filled, it may not stay that way for long.

Most organizations have high potential talent, which are those employees that are considered your future stars. These are skilled employees that are likely to be a big part of your future growth and succession plan.

The purpose of a mentoring program is to assist with the personal and professional development of employees hungry for career progression and who are keen to improve their knowledge and skillset.

Workplace mentoring programs are dependent upon successful mentor relationships. The stronger the connection between the mentor and mentee, the more each will get from the experience. There are a number of ways to help build a successful mentor relationship including setting SMART goals, sticking to an agenda, having constant communication and defining mutual benefits.