Return on Intern... for Entrepreneurs Sean McKinniss, Program Manager

 Northeast Ohio Council on Higher Education is a consortium of area businesses and higher education institutions  Mission: Mobilize these communities to fuel regional growth and collaboration  Core areas: Public Policy and Talent Development ◦ NEOintern.net is a free database for employers and students

 Benefits and myths about internships  Resources to find, manage, and maximize the return on your intern(s)  Programs that can reduce cost of internships

 Try before you buy  Cost savings ◦ $454/intern compared to $2100/recruit  Fresh, innovative perspectives  Productivity boost  Increased job acceptance and retention ◦ 53.3% of eligible interns convert to FT ◦ 86% of interns on the job after one year  Regional economic gain

 I can’t have an intern because I’m the CEO, CFO, COO, PR person, and webmaster all rolled up into one!  No one in the company will supervise  Too much time to recruit and train  They cost a lot ◦ NEOintern’s average wage is $11.50  They only make copies and brew coffee

 NEOintern.net  Career fairs  Faculty members  Campus visits

 ROI Workshops ( ◦ Guide and workbook available for purchase  NACE (  Peer coaches

 Have interns do real work  Train for full-time positions  Participate in reimbursement programs ◦ EIP (50% of an intern’s wages up to $500) ◦ Third Frontier

Marketing Sales Supply Chain Arts Administration Government Relations Broadcasting Engineering IT Social Media Graphics Design Event Planning Web Design/Development Non-profits Insurance Manufacturers Utilities Health Care Religious PR/Marketing Entrepreneurs Banks Agriculture Government