Executive Summary
This study explores the literature regarding
the components, costs and benefits of
implementing mentorship programs within
professional organizations. Using a public
accounting firm as a general template,
we highlight mentoring's contributions in
developing employees, minimizing unwanted
turnover and providing other organizational
benefits. It examines personal and
organizational costs and benefits and discusses
areas of further research, such as mentoring's
developmental and psycho-social components
and measurable performance enhancement for
the organization as a whole—applied especially
to CPA firms.