Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Uncommon for Employers to Assign Accounting and Financial Mentors
The survey of 1,400 chief financial officers by the staffing service Accountemps found that 58% say it is uncommon for new finance and accounting hires to be matched with mentors, either on a formal or informal basis.
A quarter of respondents said it was somewhat common for companies to assign mentors and 13% said it was very common.
“Mentoring is a valuable way to transfer wisdom, foster talent and promote best practices within a company,” said Max Messmer, chairman of Accountemps, in a news release. “The faster a business can help new employees get up to speed, the more quickly these professionals can begin contributing. A confidant also is useful for explaining aspects of an organization that are sometimes not obvious to a newcomer. Mentors can provide insight into the prevailing culture of a company, including the preferred modes of communication and other often-unspoken rules.”