You may be asking yourself if it’s worth it to recruit interns. After all, you will have to go through the long process of writing job descriptions, preparing the training, finding supervisors, interviewing and onboarding.
While this may sound like a logistical nightmare, there are numerous reasons why giving a graduate or student the chance to intern at your company could be beneficial.
1. It can be a trial run
Before you employ someone, it’s hard to determine whether they’ll fit in with your team. Selection processes are great for shortlisting candidates and finding someone who will work well in the position on offer; however, you can’t confirm this until you have hired the person.
One way to test out a prospective employee is to take them on as an intern. During an internship, colleagues and managers can test whether individuals can do their job well and their compatibility with the team. Meanwhile, the intern learns the business model and any specific procedures and methods used. Therefore, internships allow companies to assess a person’s performance and get a clearer idea of their suitability for the role.
So, while not all internship positions aim to fill a permanent spot, trialling an employee is hugely beneficial.
Additionally, studies show that the retention rate for intern hires is much higher, thus decreasing overall companies’ turnover rates. When the individual understands what is expected of them and the company culture, they are more likely to be satisfied and committed to your organisation.
See also: Ways to Increase Employee Happiness
2. It will attract emerging talent
Another reason to recruit interns is the visibility it gives your company on the market. Becoming a company that graduates flock to will only happen if you welcome new talent. When you hire interns, it’s likely that your brand recognition will also grow through word of mouth. If you set up partnerships with colleges and universities, you’ll also likely benefit from a growing talent pool from which you can pick the ideal candidates.
Moreover, by hiring young talent, your company will reap the benefits of having a workforce with the latest industry knowledge and in-demand skills. The feedback and ideas that you can generate with your interns will help your company grow in many different directions and stay relevant within its industry. Considering the new technological and social media skills that many young professionals possess, your company will attain new, innovative perspectives of the market.
Want to improve your business performance? Hubstaff’s all-in-one work time tracker software will help you take your team management to the next level. Try Hubstaff!
3. It’s a mentoring opportunity for your employees
During an internship, the intern is expected to be supervised and taught by a specific person. This individual can either be a manager or a senior employee. Throughout the intern’s contract, the mentor’s aim is to offer guidance, allocate tasks and help interns get a taste of the company’s processes.
The mentor must evaluate and assess the intern and dedicate time to share their wisdom and industry knowledge. By doing this, your employees also benefit by gaining essential leadership and managerial skills that will likely help them grow both professionally and personally within your company.
4. It saves costs
Profit is often the primary goal for most businesses. This means that a business will always look for options that can cut costs where necessary. Luckily, internships are one of the most inexpensive recruitment options.
If you value your company, looking for cheap labour won’t give you the upper hand. However, it will certainly be more cost-effective to hire interns as opposed to experienced professionals with higher salary expectations.
5. You have an enthusiastic workforce
Interns usually take on tasks that do not require experience and expertise to complete. This means that your company can save time and money by recruiting an intern who will be happy to meet the job’s demands, even if some of these demands are more repetitive and simplistic.
Although it is important to provide your interns with structured training and a range of responsibilities, they can also help out with more basic duties that other employees might not find rewarding.
Usually, interns are very keen to learn and are willing to take on even the most mundane tasks as this can help them to develop professionally. Hiring interns with these positive qualities and a proactive attitude makes them valuable to any company.
Take your recruitment to the next level!
Enrol in the University of Minnesota’s course on Recruiting, Hiring, and Onboarding Employees and hone HR professional.