Intern Today, Employee Tomorrow The Role of Internships in Economic & Workforce Development Presented by: Janet Boston, Executive Director
The Facts Fact Jobs are the #1 reason Indiana attracts and/or retains young professionals Fact Internships lead to job offers, according to NACE’s 2012 Internship & Co-op Survey
Why Indiana INTERNnet? • Brain Drain Research • Internships Employment • Indiana INTERNnet program established
Mission Indiana INTERNnet exists to increase the quantity and quality of experiential learning in the state of Indiana in order to retain top talent
Accomplishing the Mission
Indiana INTERNnet is a FREE internship-matching program linking individuals seeking internships, Indiana employers, and Indiana high school, colleges, and universities
High Touch Services • • • • • •
Employer assistance Resource Guides Career Fairs Internship Hotline/Feedback Button IMPACT Awards Partnerships
High Tech Services • www.IndianaINTERN.net • Social Media • Blogs (Guest & Staff Entries)
Internships Defined An internship is a form of structured and supervised experiential learning that provides students practical experience in their chosen fields
Employer Benefits • • • • • •
Increased productivity Reduced recruiting costs Gain fresh perspectives Complete backburner projects Remain competitive Exhibit corporate citizenship
Internship Elements • • • • •
Learning objectives Observation Reflection Evaluation Assessment
Internships “Redefined” • Internships: short-term, projectbased, virtual, traditional • Interns: post-degree, non-degree, career-changers, returnship, graduate students
We’re Convinced. Now What? • • • • •
Identify key needs Outline expectations Formulate a job description Assess compensation Identify a supervisor and mentor
Real Work Examples • • • • • • • •
Identify prospects Pursue business leads Develop/send marketing materials Write press releases Develop presentations Research advertising placements Prepare award submissions Arrange speaking engagements
Quality Internships • • • • • •
Expose them to community Provide professional development Mentor guidance – meetings bi-weekly Provide access to leadership Portfolio or resume building Offer/invite to social activities
Intern Compensation • Know what the competition offers • Perks – parking, lunch, vouchers • Consider resources – housing, equipment, rewards programs, scholarships • Stipends, academic credit are welcome • Most of all, know the labor laws
Why Intern? • Apply academic coursework to the professional world • Explore career interests • Enhance responsibility/transferable skills • Build resume/portfolio • Expand network to gain full-time employment prospects
Managing Millennials • • • • •
• • •
Let them know what they do matters Tell them the truth – build loyalty & trust Expect opinions Provide challenging work Explain the why Explain what’s in it for them Train, mentor, provide feedback Make the workplace fun
Concluding an Internship • • • • •
Ask for an exit interview Stay in touch with HR Pulse on industry knowledge Network with key professionals Report back to career center/IIN
EARN Indiana • Partnership with Indiana Commission for Higher Education • Launches in Summer 2013 • Students with financial need will have access to experiential, paid internships • Eligible employers receive state matching funds in exchange for hiring these students • Matches occur through Indiana INTERNnet’s website
Website Demonstration
Audience Q & A’s Janet Boston Executive Director, Indiana INTERNnet (317) 264-6862 jboston@indianachamber.com Connect with Us: