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Easy Hires

A well-designed internship program pays dividends landing the best and the brightest.

By Tony LoPinto | Updated on May 17, 2011

Easy Hires In past columns I have touched on the importance and benefit of companies including intern programs into their organizational plans. This issue was at the forefront of a Wall Street Journal online article reporting on the results of a survey by the National Association of Colleges and Employers. The survey indicates that nearly 40% of this year’s entry-level positions will be filled by former interns. This is such a critical advantage for an employer. Interns understand the company better, they have been sized-up for their cultural and personality fit, and if provided a positive experience, they have a predisposition for working at the company that provides an advantage post-graduation when there is competition for the best and the brightest. PricewaterhouseCoopers indicated that this year, 40% to 45% of their entry-level class will be former interns. The news here is that you should put in place a well designed intern program. It’s good for young professional’s preparation for the workforce and it provides a strong feeder system for your recruiting program going forward as markets continue to recover.

Tony LoPinto is the Global Sector Leader of Korn/Ferry International’s Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.

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