Tool: Making Mentoring Work—Formal Mentoring ROI Spreadsheet

Catalyst offers its members four tools as companion resources to Making Mentoring Work, its report on strategic formal mentoring. Organizations can assess their mentoring return on investment (ROI) using the Formal Mentoring ROI Tool. The template is customizable to suit member organizations’ needs, includes an example of how regretted loss turnover savings compare to mentoring costs, and allows companies to see in real terms how formal mentoring can pay off.