Interns-Talented, Motivated, and Moldable

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Happy March everyone. I have been such a slacker on the blog scene lately. Not that that’s bad because Slingshot is growing in leaps and bounds, but I have to say I miss you all, and have committed to making sure I can do this more.

That being said, graduation is just around the corner. I have met so many talented students getting ready to make their way out into our business community. It’s really exciting (since they are, afterall, the future of Indianapolis). But at the same time, it’s also really scary for our soon-to-be grads as unemployment rates have obviously grown. This is a graph from Monster that compares Indianapolis to national unemployment rates.

It is no surprise that many companies, rather than hiring straitaway, are looking to hire interns for a period of time before they commit to the actual hire. The idea of utilizing interns are great for a number of reasons:

1. Cost Effective- This is first and foremost a HUGE factor is choosing to go with interns. The company does not have to shell out hefty salaries, health insurance, or other major costs when it comes to hiring someone that may not work out in the end.

2. Trial Run- This is also a big one. You get to try the intern BEFORE you commit to that salary, and at that point, if the internship goes well, you will be happy to offer the bigger salary because they will have proved themselves. Plus, you know they’re a fit for your company. If they’re not a fit, you can all part as friends.

3. The interns are MOLDABLE- This is two foldfold. First, you get to mold the intern, teach them how you want things ran in your company, and these young professionals are eager. Second, with the market as tight as it is, you are going to get someone who is energetic and willing to work 150% because they need to find their niche in the real world. So, you get highly energetic talent that you can mold. (Does it really get any better than that??) Oh wait! It does!

4. You get to GIVE BACK to the community- Okay, we have all these great schools here in Indiana with highly talented students. Let’s keep them here after they graduate by giving them a chance to grow YOUR company and OUR community. Who knows, they may end up helping run it one day. It’s a win/win on both ends.

Cheers!