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Return on Intern... for Entrepreneurs Sean McKinniss, Program Manager
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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
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Benefits and myths about internships Resources to find, manage, and maximize the return on your intern(s) Programs that can reduce cost of internships
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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
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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
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NEOintern.net Career fairs Faculty members Campus visits
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ROI Workshops (www.noche.org/124)www.noche.org/124 ◦ Guide and workbook available for purchase NACE (www.naceweb.org)www.naceweb.org Peer coaches
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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
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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
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