Success and impact metrics in science are based on a system that perpetuates sexist and racist ‘rewards’ through prioritizing citations and impact factors. These metrics are flawed and biased against already marginalized groups and fail to accurately capture the breadth of individuals’ meaningful scientific impacts. We advocate shifting this outdated value system to advance science through principles of justice, equity, diversity, and inclusion. We outline pathways for a paradigm shift in academic values based on multidimensional mentorship and promoting mentee wellbeing. These actions will require collective efforts supported by academic leaders and administrators to drive essential systemic change.