College Interns: A Wise Workforce Alternative...Especially During Troubling Economic Times

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COLLEGE INTERNS: A WISE WORKFORCE ALTERNATIVE…ESPECIALLY DURING TROUBLING ECONOMIC TIMES Presented By: 1 December 17, 2008

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Research shows that connecting college students to meaningful internship opportunities with local employers heightens the chance that they will stay in that community after graduation. Moreover, employers are increasingly requiring "prior experience" of applicants for entry level positions. Fortunately, employers also report that a meaningful internship during college will satisfy prior experience.

Transcript of College Interns: A Wise Workforce Alternative...Especially During Troubling Economic Times

Page 1: College Interns: A Wise Workforce Alternative...Especially During Troubling Economic Times

COLLEGE INTERNS: A WISE WORKFORCE ALTERNATIVE…ESPECIALLY DURING TROUBLING ECONOMIC TIMESPresented By:

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December 17, 2008

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Discussion Topics

Why Consider Internships Making Internships Work Millennial Fast Facts Managing Millennial Expectations Local Employers Making it Work Q&A

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As an Employer…

Would you benefit from a confident, hopeful and goal / achievement-oriented workforce?

Do you have projects and infrastructure improvement opportunities that often go untouched due to efforts to “keep the doors open”?

Would you benefit from a “try before you buy” approach to developing your talent pipeline?

Do you have a network of contacts that includes customers, suppliers, business partners with a diverse set of experiences and industry expertise?

Are you facing a climate of instability such that you need access to flexible workforce options where commitments to 10-12 week assignments are ideal?

Are you very focused on expenses right now and resources available for free or less than what experienced employees would demand is of great interest?

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Why Consider Internships? Opportunity to gain early access to highly qualified talent

Get work done today; Build your talent pipeline for the future

Advance your business Address the projects and infrastructure improvement opportunities that are often

put on the “back burner” in lieu of more pressing day-to-day business needs, especially now!

You have a lot to offer! Breadth and depth of experience; expansive network of contacts

Agile and flexible workforce Most Interns are seeking 10-12 week assignments

Low cost If you can pay you should; while Interns still consider unpaid opportunities, their

wage is still likely to be less than if you went to the “street” to make a hire

Altruistic reasons / Greater good Career exploration for a young person Young talent staying in the Columbus Region

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Making Internships Work

Simpler than you think Meaningful / challenging assignments

Pre-defined projects, tasks and responsibilities

Compensation Supervisor / Mentor Include in regular meetings / events WIFM (from the Intern perspective) Win – Win

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Millennial Fast Facts

Born 1980-2000 Approximately 76 million Tech savvy Looking for a challenge Feedback / recognition are key Looking to do well and do good Motivated by work / life balance Attraction to job tied largely to community

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Managing Millennial Expectations Set clear expectations; be up-front and

honest Ensure challenging & meaningful tasks /

project assignments Provide time for coaching / mentoring

Be sure to share the “unwritten” rules Provide regular feedback Recognize a job well done Recognize they have a life outside of work Include in regular meetings

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Moving From Interest to Action Columbus Chamber Attract & Retain Talent

Initiative Young Professionals Initiative LiveWorkPlayColumbus.com ColumbusInternships.com

Create New Internships Economic impact Opportunity to retain

Employer Resource Free support to local employers [email protected]

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Local Employers Making it Work PMG Communications, Inc.

Pat Gibson, President CFBank

Samantha Evans, Client Service Manager

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Wrap-Up & Review

Why Consider Internships Making Internships Work Millennial Fast Facts Managing Millennial Expectations Local Employers Making it Work

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What questions do you have?

Let’s Hear From You!11