How to Hire Rock Star Interns Make progress not coffee
Road Map1. Background on InternMatch2. Nine Steps to Hiring Better Interns, Saving Time, and Getting More Done
Our Background New Aggregated Internships12,00010,0008,0006,0004,0002,000 0 July Aug Sept Oct Nov Dec Jan Feb March April • Started in 2009 • Roughly 300,000 unique student visitors in April 2012 -- growing fast • Over 700 direct university connections
Our InternsInternMatch has now hired over 50 interns • We have hired numerous campus ambassadors at schools including MIT, Harvard, Upenn, Wisc onsin, Michigan and more! ** US Employers with 20+ Employees
Why Hire Interns New Aggregated Internships12,00010,000 • Fill in critical skill gaps8,0006,000 • Pipeline for hiring4,000 • Regional Expansion2,000 0 Nov March April July Aug Oct Jan Sept Dec Feb
Free Labor? • DON’T hire thinking this is a good tool for free labor • DO expect to have to put some time into this process Paid interns are generally more skilled, more likely to convert to full-time and will save you time and energy.
Not for everyone Hiring top notch students with the right culture fit is essential for SMBs and Startups• Autonomous but not automatic +50K /• Contributes energy Fantastic Intern to office/team• Future hire• Can’t test assumptions -25K /• Needs to be motivated Mediocre Intern• Only around for 3 months
#1 Have a Goal/Project in mind • Specific projects make management Have a Goal/Project in mind easier and products more valuable. • This resume guide was made by our first ever intern when we had no in- house designer
#2 Decide on Compensation • Marketing/Business: $10 - $12.50/hour • CS $12.50 - $20/hour • MBA $12.50 - $15/hour Educational Compensation is worth more than $$$. Learning software (Basecamp, Hootsuite, etc) is huge!
#3 Decide on a Manager • Meet once a week for coffee Have a Goal/Project in mindTell the student to • ask questions • Set benchmarks/goals for projects
#4 Define Position Nuts and Bolts • Length? Typically 3- 6 months long • Hours? Typically 10-40 hours per week • Season? Summer you get more attention from a student
#5 Create a posting • Pitch company Have a Goal/Project in mind• Pitch education opportunity • Detail the role Use our free template! Got to www.InternMatch.com/guides/gold-standard- internhip-posting
#6 Pimp it out • Tweet about it • Send it to rock star former interns • Send it on to favorite TAs, professors,etc
#7 Always be Closing Interviews: • Sell: Spend first 5 minutes talking up your company and role • Be prepared: Have a list of questions ready to Have a Goal/Project in mind evaluate the student. • Review: Extra-curriculars are often more important than grades. • Follow-up: Setup a time to talk again with the student before making a decision. • Manage expectations.
#8 Get Started on the right foot • Let students know what they need on the job (laptop, a suite, etc) • Create an email account for them • Be upfront about office rules and expectations, etc
#9 Have Fun • Interns can and should impact your culture • They come and go Have a Goal/Project in mindbut you can have a truly meaningful impact on their future
How to find applicants? • Hustle • Post to universities • Craigslist • Let us hustle for you… Post positions at www.internmatch.com/employers
Thank You Nathan Parcells, Founder/CMO firstname.lastname@example.org 301-873-8435