Did you know that developing other people can also positively impact your career? According to a 2012 study led by nonprofit organization Catalyst, paying it forward by being a career mentor to others has positive benefits. "It benefits not only proteges but leads to career advancement and compensation growth for those providing the assistance -- $25,075 in additional compensation between 2008 and 2010," the study says.
If others have helped you develop during your career, you're more likely to give back by developing others. About three in five employees who received developmental support (59 percent) did so for others.
Sponsorship counts when it comes to paying it forward. Two-thirds of high potentials who were sponsored (66 percent) -- those who had someone with power and influence open doors of opportunity and advocate to help them obtain projects and assignments that enhance their visibility and position -- were developing others.