Parker Dewey University Partnerships: FAQ’s and Strategies for … › hubfs › PD...
Transcript of Parker Dewey University Partnerships: FAQ’s and Strategies for … › hubfs › PD...
Client Logo Confidential – not for redistribution.Copyright © 2020 Parker Dewey, LLC. All rights reserved.
Parker Dewey University Partnerships: FAQ’s and Strategies for Success
Agenda
● Part 1: Frequently Asked Questions
○ What is a Micro-Internship?
○ How much does it cost to students? Universities?
○ Can international students complete Micro-Internships?
○ How does it work for students? Companies?
○ And more...
● Part 2: Strategies for Success
What is Parker Dewey?
● Mission-driven organization committed to helping bridge the gap
between college and career
● Pioneered the Micro-Internship 5 years ago
● Located in Chicago, IL
● Connected thousands of students to Micro-Internship opportunities
with companies large and small
● Featured in publications such as Forbes, The Wall Street Journal, SHRM, and NACE
What is a Micro-Internship?
● Short-term: ranging from 10-40 hours in duration
● Paid: average cost to a company is $400 (fixed fee, implying $20 / hour)
● Remote or Onsite: about 90% of projects have been offered remotely (pre-COVID-19)
● Professional: assignments similar to those given to interns or new hires (“We should...” or “I shouldn’t...” tasks)
● Comprehensive: used in all industries across all departments (sales, marketing, HR, finance, etc.) and can take place year-round
● Valued: provides busy professionals with additional resources
Sample Micro-Internships
Sales:
• Lead Generation
• Prospect Research
• CRM Cleansing
Human Resources:
• Job Description Review
• Candidate Sourcing
• Evaluating Competitive Best
Practices
• Demand Forecasting
• Production Planning
• Inventory Control
Operations:
IT:
• Data Cleansing
• Wiping Hardware Data
• Product Sentiment Analysis
Marketing:
• Content Creation
• Social Media Content Calendar
• Market Research
Finance:
• Financial Analysis
• Financial Modeling
• Industry Analysis
Access our Project Library
Sample Project Description● Project: Content Creation
● Instructions: ○ Research and draft a 1,200-1,600 word article on a specific topic we provide
○ Reference at least 2 outside sources in your article to backup your claims
○ Target the audience we specify
● Estimated Hours: 15
● Pay: $300
● Location: Remote
● Timeline: 2 weeks (3/1/2020 - 3/14/2020)
How much does this cost students? Universities?
● The platform is free and open for all students○ Students can create accounts/complete projects regardless of
whether student’s university is a “partner” of Parker Dewey
○ All projects are paid
● A basic university partnership is free and includes:
○ Custom landing page with university logo, colors, messaging
○ Marketing materials to launch and enhance program
○ Access to data about student utilization and employer engagement○ Outreach when employer partners post projects through
university’s landing page
How Does it Work for Students/Recent Grads?
• Create an account in <5 minutes
• Platform is open to all students
• All students see all opportunities on the platform
Add Experience, Education, and Resume
See Available Micro-Internships and Apply If Interested
• Projects cycle quickly
• Many projects are filled by multiple students who work and are paid individually
What Kind of Support are Students Given if Selected?
● Two points of contact:○ Company hosting the project○ Parker Dewey Client Success Team
● Onboarding emails including:○ Administrative documents○ Tips for Success○ New Project Checklist
● Faculty/Alumni engagement is encouraged
● Resources on our website○ Resources for completing some of our
most common projects○ Micro-Lessons (eCourses)
What Should Students Do After the Project?Outline accomplishments
• Work product (e.g., created a market map of..., designed content for..., prepared an analysis on...)• Outcomes (e.g., new articles on... leads resulting in..., social visits increased...)• Indirect competencies (e.g., creativity, attention to detail, motivation, grit, etc.)
Update resume and LinkedIn• Independent consultant of Parker Dewey• Describe the project without sharing confidential info•Only mention company’s name if given permission
Consider what was learned•What did you like about the project, industry, company?•What did you dislike?•How does this impact your career goals?
Stay in touch with the company, apply to other projects• Continue to build the relationships • Gain additional experience
Can International Students Complete Micro-Internships?● Yes through CPT, OPT, or a work visa (usually OPT)● Upon signing up for the platform, an international student:
○ Receives an email from Parker Dewey stating that they must verify their eligibility
○ It’s up to the university to verify their eligibility
○ Once student notifies Parker Dewey that they are
eligible, we approve their account● We can provide an offer letter if needed
How Does it Work for Companies?
No New Hire Paperwork
Parker Dewey is structured as a consulting firm, so all Career Launchers are 1099s through us.
No Conversion Fees
If the employer wants to hire the Career Launcher as an intern, contractor, or full-time employee, go ahead. It’s free!
Low Risk
Career Launchers sign strict NDAs and the employer owns all the work product. And if the employer is unhappy with the deliverable, Parker Dewey will give them a full refund.
Our mission is to bridge the college-to-career-gap by connecting great talent to great employers.
How Does the Payment Process Work?
1 Company Selects Candidate:
There is no obligation to move
forward until the company
officially selects a candidate.
2 Company Pays Invoice: After
the Career Launcher has
submitted all documentation
(NDAs, etc.), Parker Dewey
sends an invoice
3 Payment Held in Escrow: The
money is held in escrow until
the employer has verified that
the project is completed.
4 When the Project is Complete:
Parker Dewey issues payment to
the student. (Note: 90% of company’s payment goes to the student)
What the Company Sees
What the Company Sees
I use Google.
My resume has know typos.
I am a hard worker.
Employer Feedback Upon Completion
Parker Dewey and the student sees this.
Only the student can see this.
Only Parker Dewey can see this.
Note: Employers cannot see feedback from other employers.
Why Not Post Micro-Internships on Handshake, Symplicity, etc.?
● Most employers are not interested in taking on the administrative burden of a short-term project for college students. Remember:
○ Students are on Parker Dewey’s books
○ Parker Dewey assumes all of the risk
● Many of these platforms are not set up to promote short-term opportunities○ Parker Dewey provides project library and other resources
specifically for Micro-Internships
● Micro-Internships are offered by professionals across all departments, not just University Recruiting
Yes, Micro-Internships Can Turn into Other Opportunities
Company created a new position for a first-generation student following the project
Underemployed and hired for a full-time accounting role after completing projects for the client
Explored a variety of career options and hired because of his Parker Dewey experiences
International STEM student identified and selected for an internship
Micro-Internships...a Win for All
University Partnerships (as of June 16, 2020)
What does a University Get When it Partners with Parker Dewey?
As a University Partner, we can create the
following for you:
01 | Custom landing page with an opportunity to modify
the copy and add content if needed
02 | Marketing Resources to help you launch
Micro-Internships on your campus including
COVID-19 specific messaging
03 | Utilization Data to help you know how many
students/alumni have created profiles on the
platform, number selected, companies working with
your students, etc.
Basic Landing Page
Generic page with 1 custom tab
(e.g. For International Students)
Marketing Materials
● Toolkits for Students, Employers and Alumni
● Newsletter offering timely tips on engaging
students, employers, and more
Comprehensive Data about Student/Alumni Engagement
#Career Launchers
#Project applications
#Projects completed
(so far)
Other data available: ● Employers who worked with your students
● Employer feedback about students’ performance
What Can a University Partner Do to Make the Program Successful?
Support your students● Market the platform as a career exploration/development resource
○ Website examples from University of Chicago, Columbia College of Chicago○ Engage university leaders to promote Micro-Internships (e.g. University of
Chicago’s College Dean in message to students)○ Send specific tips for students such as this video overview and tips from
previous Micro-Interns
● Encourage students to reach out to employers who had offered internships and had to cancel: Micro-Internships may be an alternative
● Provide coaching on applications
● Record success stories
The Best Way to Help Your Students: Engage your networkInform your employer partners about Micro-Internships.
○ Ideas to emphasize:■ Students eager to use this spring/summer as productively as possible■ Retain brand awareness■ Early start to fall recruiting
○ Share research about benefits of virtual internships (such as this
resource from University of Wisconsin’s Matthew Hora)
○ Promote via social media (here’s an example from Ohio State)
What Can a University Partner Do to Make the Program Successful?
The Best Way to Help Your Students: Engage your networkReach out to alumni/friends to provide Micro-Internships as a way to
give back.
○ Colby College: Outreach to alumni and parents, particularly to
support Class of 2020
○ Purdue University College of Liberal Arts: Outreach to:
■ Key employer partners
■ Alumni board members
■ Other Career Services offices across campus
What Can a University Partner Do to Make the Program Successful?
Resources to Help You to Help Your StudentsIn response to the challenges students are facing as a result of COVID-19, we would like
to offer these additional free resources to
University Partners:
01 | Featured Opportunities Website with 8 pre-scoped
opportunities that can be posted in minutes
02 | Featured Companies Website for engaging specific
employers to showcase their Micro-Internships to
your students
03 | Employer Sponsorships, a revenue-generating
opportunity for your team while also providing
Micro-Internships to your students and fostering
employer engagement
Featured Opportunities Website
● Good for engaging alumni/parents
● We will notify you when projects are
posted from this page
● Opportunity for employers to create their
own projects
● Or choose from 8 projects chosen by you
Featured Companies Website
● Identifies key employer partners who
are posting Micro-Internships for your
students
● Student-focused landing page with link
to each employer
● Custom employer page with information
about each company
Employer Sponsorship
Benefits to Sponsoring Company
● Micro-Internships● Increase brand awareness
while attending on-campus career events is not possible
● Branding on university’s Parker Dewey landing page
Benefits to Students
● Micro-Internship experience
● Income (~$400) each● Connection to
employer sponsor
Benefits to Colleges/Universities● Sponsorship revenue ● Deepen employer
engagement while on-campus opportunities are unavailable
Example*: $5,000 Sponsorship● $2,500 to University● $2,500 to fund 5
Micro-Internships
*Sponsorship revenue can be split however the university wishes
To Request a Landing Page...Please fill out the following form (to be sent in webinar recap):
Our ask: if we build it for you, please use it!
Next Steps: Things to Do Now
01 | Reach out to top employers. See if they are interested
in remote opportunities. Here is an email to help you
get started.
02 | Send Emails to Alumni and Other “Friends” about how
Micro-Internships can help Students NOW.
03 | Inform your students about Micro-Internship
opportunities. Use email, social media, newsletters,
etc. to spread the word.
Here are some things you can do TODAY to help your students:
Next Steps:Things You Can Do SoonHere are some options to consider in the coming weeks.
01 | Request a Basic Landing Page. Use to engage
students, employers, and alumni from one website
02 | Request a Featured Opportunities Website. Use this
page to engage alumni, parents and other “friends” of
your university to post projects for your students
03 | Request a Featured Companies Website. Engage
strategic employer partners and showcase their
Micro-Internships on a custom website
We can’t help everyone, but everyone can help someone.
~Ronald Reagan
Thank you, and stay safe!!
Kristin [email protected]