64 Companies That Offer Mentoring or Sponsorship Programs

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Fairygodboss

April 16, 2024 at 3:57PM UTC

As almost everyone with a successful career can attest, having a mentor or sponsor can make a huge difference at work. For women, having a mentor or sponsor is particularly important since we have been shown to have weaker professional links and career networks. The problem, unfortunately is that there generally aren’t enough mentors or sponsors to go around for everyone who may want (or need) one.

How can we disrupt this status quo? At an individual level, women can take certain matters into their own hands. If you’re a senior woman at your company, you can consciously carve out time out to mentor other women and amplify the contributions of other women around you. If you’re just starting out in your career or somewhere in the middle of it, you can also make it a point to try to develop authentic relationships over time with colleagues, managers and executives.

Companies, too, can play a role. Many employers offer formal mentoring programs that involve companies creating pairings among employees. In 2013, a survey by the Society of Human Resource Management found that 20% of organizations offer their employees formal mentoring programs. In larger companies, these programs are more common, with the American Society for Training and Development finding that 71% of Fortune 500 companies offer formal mentorship programs.

We discovered that the following 64 companies do offer some type of mentorship program*:

1. Abbott

2. AbbVie

3. Accenture

4. ADP

5. Aetna

6. Allstate Insurance Company

7. Apple

8. AT&T

9. BASF

10. Boeing

11. Colgate-Palmolive

12. Comcast

13. Cox Communications

14. Cummins

15. Daimler

16. Dell

17. Deloitte

18. Dow Jones

19. EF Education First

20. Eli Lilly and Company

21. EY

22. General Electric

23. General Mills

24. Google

25. Hartford Insurance

26. IBM

27. Intel

28. JCPenney

29. Johnson & Johnson

30. Kaiser Permanente

31. KeyCorp

32. KPMG

33. Kraft Foods Group

34. Marriott International

35. Mars

36. Mastercard

37. Medtronic

38. Merck & Co

39. Monsanto

40. New York Life

41. Nielsen

42. Northrop Grumman

43. Novartis

44. OnDeck

45. Rockwell Collins

46. Royal Bank of Canada

47. Procter & Gamble

48. Prudential Financial

49. PwC

50. Salesforce

51. Sodexo

52. Square

53. Target

54. TD Bank

55. The Coca-Cola Company

56. TIAA-CREF

57. Time Warner

58. Time Warner Cable

59. Toyota Motor North America

60. Verizon Communications

61. Walgreens

62. Wells Fargo

63. Wyndham Worldwide

64. Zynga

Mentorship pairings can be cross-departmental, can involve senior-employees assigned to more junior-level employees, or even peer mentor matching. Some companies take things to another level and offer official sponsorship programs for women or other minorities. Sponsorships are a highly specific type of mentorship that requires someone to make a bigger investment in a mentee. The idea is that a senior leader or person in a position of power at a company uses their influence and clout to advocate for another employee who is seen as having high potential.

Information about corporate sponsorship programs was more scarce, but we discovered that the following 11 companies offer formal sponsorship programs.

While sponsorship is positioned as a key way to increase the number of women in leadership positions, ultimately, the devil seems to reside in the details. Mentorship and sponsorship initiatives seem to come in many shapes and sizes. Implementation, adoption (and probably efficacy) vary widely even among companies with formal programs in place.

Over the long run, we also hope to highlight some of the best practices, learnings and success stories from these programs as well, so that all employers may benefit from the wisdom of the crowds. Please contact us if you would like to share details and success stories regarding your company’s sponsorship and mentorship programs!

*Based on a range of publicly available information sources available on the internet. For any corrections or additions, please email [email protected]

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