Training Your Interns: An Investment in Your Company’s Future

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Training Your Interns: An Investment in Your Company’s Future

Providing employees with opportunities for training and development is typically framed in terms of a long term investment by the employer. You, the employer, invest time and resources into developing an employee’s skill set and in turn they become a more valuable contributor. Ideally, this employee feels appreciated and valued enough to stick around and make your investment worthwhile.

So why, according to the 2014 Intern & Recent Grad Survey, do almost half (44%) of the Northeast Ohio organizations that participated provide one or more formalized training opportunities to their interns? Plus, as it turns out, the training and development of interns doesn’t stop with formal training programs, but also includes a wide variety of valuable development tools that can be applied to any employee.
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Preliminary Findings: Intern & Recent Grad Survey

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The preliminary findings of the 2011 ERC/NOCHE Intern/Recent Grad Pay Rates & Practices Survey show several trends in intern and recent grad employment and compensation practices.

  • Over 70% of employers plan to increase or maintain the number of interns they employ, consistent with trends seen over the past three years.
  • 68% of employers are in the process of hiring or have plans to hire new college graduates this year.
  • Organizations are increasingly using interns and new graduates to develop their talent pipeline rather than using them for simply workforce support and special projects.
  • Nearly three-quarters of employers say that they offer at least some of their interns employment after the internship.
  • Work experience is becoming an even more crucial criterion for employers when hiring interns, rising in importance from years past.

View the Intern & Recent Graduate Pay Rates & Practices Survey

This survey reports data from Northeast Ohio employers about their internship and recent graduate employment and pay practices.

View the Results