Internship and Co-ops:

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Presentation transcript:

Internship and Co-ops: A Win-Win Proposition

Internship Program Short-term, structured program College/university students (or high school) gain knowledge and experience Either part-time during the school year or full-time during the summer Paid: average energy industry wage--$12.92 Students may also earn academic credit

Cooperative Education Similar to internships Students gain knowledge and experience Take place during the academic year Full-time Students earn credit and must also participate in seminars and/or write essays

Benefits to Our Company Identify future hires Creates a pipeline for future candidates Recruit with low risk (can “try” students out) Gain short-term talent Provides new ideas to the company

Benefits to Our Company Increases retention rate (studies show that employees who were interns at the company stay longer) Helps to build relationships with local colleges, universities, and high schools (if applicable) Increases diversity

Benefits to Students Gain real work experience Learn new skills Build their resume Try out our company Complete interesting and challenging tasks

Benefits to Students Earn money while in school Fulfill degree requirements Earn college credits

Steps to Launching a Program Develop a program budget Determine best semesters for your organization to host students Determine which department(s) will host students Determine supervisors for students Develop work plans for students

Steps to Launching a Program Build a compensation and benefit plan for students (such as subsidized parking) Define local school partner(s) (college, university or high school) and meet to discuss internship and/or co-op programs Submit Work Plans and/or complete school’s internship form

Steps to Launching a Program Sign company/school agreement Market program to students Screen and select students Start program *CEWD has templates for each step outlined.