Despite the fact that 98% of Fortune 500 companies have mentoring programs, only 37% of professionals actually benefit from them. Despite the fact that 98% of Fortune 500 companies have mentoring programs, only 37% of professionals actually benefit from them. This disconnect is exacerbating retention issues. So, why are mentoring programs failing to deliver on their promise? The issue lies not with mentoring itself but in the underutilization and ineffective reach of many mentoring programs.