- Develop a formal mentor recruiting program and suggest to your top performers/managers that they should actively recruit/hire their mentor.
- Ask all current employees to (voluntarily) provide you with the names of their mentors that would be good “fits” for the firm. Also ask them if they are willing to help to bring them on board.
- Ask all new hires who their mentors are. Ask if they are they willing to help to bring them on board.
- Assume that at least one of the references given by top applicants are also their mentors. So use references to add to your mentor list.
- Join mentor groups and chat rooms to help build your “great mentors list.”
- Ask industry leaders to help you identify who they mentor and who in the field are great mentors.
- Offer referral bonuses to those that refer a mentor ($1-2 k).
- If you can’t hire the mentor, consider bringing them on as a consultant or paid coach.
- For great applicants, offer to “hire them both” at the same time (the mentor and “mentee”). It’s a powerful draw to get to work side by side with a mentor/ “mentee.”
- Track the success rate of the “mentor” recruiting program to see how the quality of hire compares to other recruiting sources. (It’s usually in the top 5.)
The Boss Variation Sometimes you can get employees to follow their current or former boss to a new job. Bosses are not always “mentors,” but the good ones can develop similar loyalties and trust with their employees. Ask recently hired managers (and your current managers) who might want to work for them again. Use that as a “prospects” list. Reward newly hired (as well as current) managers for bringing along top talent from their old firm. Recruit these people for their talent (not their company knowledge) if you want to avoid legal complications. Ethical Issues? Using a mentor as “bait” is an acceptable tool if you are an aggressive recruiter. Does it put “undue” pressure on the candidate to say “yes”? Some might say so, but if you assume the people you are hiring are intelligent individuals there is little concern. Think of it as if you are offering them an opportunity of a lifetime (that maybe a competitor hasn’t thought of). Wouldn’t you personally like to work with your mentor?Conclusion The “follow-the-leader” tendency works amazingly well as a recruiting tool. It works because most mentor/mentee relationships are “distant” relationships. Hiring the mentor/mentee team gives these people an opportunity to work directly with the person that made such a difference in their life! It’s a “win-win” situation. Having a slew of great mentors working for your firm has obvious side benefits for developing new leadership too, as they use their proven development tools to help mentor other employees at your firm.