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ORGANIZING INTERNSHIP PROGRAMS- EMPLOYER BENEFITS Barry L. Dunkin- University of Baltimore USAID LMP Consultant. Competing in a Global Economy. Competing for the best and the brightest Be the “preferred’ Employer PR/Image are important NEW TALENT IS FUEL FOR GROWTH
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ORGANIZING INTERNSHIP PROGRAMS- EMPLOYER BENEFITSBarry L. Dunkin- University of BaltimoreUSAID LMP Consultant
Competing in a Global Economy • Competing for the best and the brightest • Be the “preferred’ Employer • PR/Image are important • NEW TALENT IS FUEL FOR GROWTH Latest business practices Free thinking High energy Ambitious
Using the University for Recruiting • Developing effective relationship with the Academic community is one of the best ways to improve the quality of your work force. • It is a Recruiting Strategy that has short and long term benefits.
A Recruiting Strategyemphasizes business development • A partnership between the employer and the University through Career Center where the relationship is mutually beneficial. • Key component in developing an effective relationship is understanding the needs of the business and the academic institution. • Strategy includes 1. Recruiting graduates 2. Internship programs
The Career Center Connection • Career Center is the best way to access students the university who are the best the brightest • Can help translate learning objectives into your business objectives • Identify skills needed
What is an Internship • Work related to course of study • Work experience that is carefully monitored that with learning objectives that are reflected on while they are engaged in the experience • Intentional learning agenda that relates to the businesses objectives
Why are internships programs important to the University? • Provides a synergistic approach to education • Provides an opportunity for application of theories and principles • Keeps curriculum up to date • Builds knowledge and understanding of market economy
Employers Advantages • Help to be more competitive • Short term benefits • Long term benefits • Improve Image • Good for PR/ Marketing • Ultimately increase profits
Employer Benefits – Short Term Internship Programs • Reduces recruiting costs • Decreases training time and costs • Create a ready pool of candidates • Opportunity to train your own way • Workforce for special / temporary projects • Chance to “try out” employees • New perspective on problem solving
Employer Benefits – Long Term Internship Programs • Reduces turnover rate • Reduces labor costs • Improves company profit • Gives regular employees more time to be creative, innovative and start new projects • Hire employees that have proven to be motivated and valuable contributors • Enhance image and visibility in Community
Student Benefits • Helps in Career Decision making • Exposed to latest technologies and Business Procedures • Instill workplace values • Develops Problem solving skills • Build knowledge of free enterprise • Networking- Chance to interact with professional in field • More prepared for World of work
Types of Internships • Part time • Full time • Paid or stipend • Unpaid/Volunteer • For Academic Credit • Specific learning agenda • No learning agenda –related to study
Components of an Intern Program • Set Goals and Objectives-projects, tasks What will intern accomplish? • Write up a plan 1.job description 2. Compensation $ 3. What skills are you looking for? 4. What majors will you consider? 5.Work space? 6. Supervisor?
Components of Intern Program • Recruiting and Selection- may be permanent employee • Managing/Supervising- orientation, expectations, resources available, communicate role to other staff • Evaluate- two way feedback, measure performance
When should you start? • Start NOW! Get an edge on the competition! Cultivate an environment for the the Best and Brightest that strive for excellence!