Depending on the structure and objectives of a particular mentoring relationship, a mentor may share knowledge, guidance, or resources. One can impart knowledge about his or her own work path to a mentee (or protégé), as well as offer direction, inspiration, and role modelling. A mentor can provide assistance with career exploration, goal-setting, networking, and resource identification. As the mentee's needs vary, the mentor's position may also alter. Others are more casual. Some mentoring relationships are a part of structured programmes with clear goals and procedures.

Mentoring is more than the transfer of advice, knowledge and insights. The relationship offers reciprocal benefits for mentors willing to invest their time in developing another professional. As well as the personal satisfaction of sharing their skills and experience with a willing learner, being involved in mentoring also provides some tangible benefits that can reward mentors professionally.

Some key benefits for mentors include:

  • Recognition as a subject matter expert and leader.
  • Exposure to fresh perspectives, ideas and approaches.
  • Extension of their professional development record.
  • Opportunity to reflect on their own goals and practices.
  • Development of their personal leadership and coaching styles.
  • A chance to convert your knowledge into satisfactory remunerations.