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Advantages of Hiring Interns
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Lower Recruitment Costs: Using actual on-the-job internship performance as a basis for hiring new college graduates not only eliminates costly recruitment activities but also improves personnel selection because you are hiring a known entity. By hiring an intern, you will have a trained professional, familiar with your organization and ready to begin his/her career after graduation.
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Lower Labor Costs: Interns are highly motivated, qualified, productive and dependable individuals who are usually paid at an hourly rate. In addition, the rising cost of fringe benefits can be minimized by utilizing students in appropriate positions.
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Extra Workforce Boost: During periods of higher volume work projects, an intern is an excellent addition to assist on key assignments and increase efficiency.
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Increased Employee Retention: As interns are exposed to actual work environments, their job expectations become more realistic. Once these students are hired, they have a high retention rate when compared to other employees who had not had previous exposure to the company.
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Improved Work Performance: Students possess energy, ambition and the willingness to work. They are a breath of fresh air for your company providing new ideas and new ways to look at the company's initiatives.
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Diversity: You can manage diversity-oriented projects within your company by supplying talented minority students.
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Contribution: As an employer hiring an intern, you will contribute to the professional development of a student. Students appreciate the time and guidance provided to them during their experiences, because internships will directly assist them in their career choices and their plans for the future.
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Increased Company Exposure: Word of mouth is the best kind of publicity on a college campus. You can increase your company's visibility on a college campus when your interns pass the word about your program. Interest in your company will increase along with a larger talent pool of students from which to hire.
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