Donate an Internship!


As of June 2018, there are more jobs available than workers to fill them.

 

What creative steps is your organization take to fill the pipeline for critical roles in your organization?  How is the competitive landscape of your industry changing and what type of skills and workers will you need to compete?  Building an internship program is an effective and cost efficient method of attracting top talent.  Consider some available data (from a CNBC report & NACE Internship Co-Op Survey Data - Various Years):

 

  • There are 6.7 million job openings and just 6.4 million available workers to fill them, according to the Bureau of Labor Statistics.
  • Nearly 90 percent of eligible returning interns received an offer of full-time employment, and nearly 90 percent of those accepted.
  • Employers reported converting an average an average of 51.7 percent of their eligible interns into full-time hires.
  • Employers begin recruiting interns an average of eight (8) months prior to their intended start-date (but Diverse.org takes care of this for you.)
  • 23.6 days is the average time span between interview and offer (but Diverse.org takes care of this for you.)
  • $66,100 is the average base salary for a college recruiter to find interns (but Diverse.org takes care of this for you.)

 

You can see the benefits of donating internship experiences to Diverse.org.


Do I have to pay the interns?

 

That's a good question, and the short answer is "not necessarily."  We aren't lawyers, so you'll want to know what the rules are within your jurisdiction regarding unpaid internships are.   Often, unpaid internships can count toward college credit for the intern.

 

But let's talk this out a bit.  If you can afford to pay an hourly wage, or a stipend, you should.  After all, the average hourly rate for an intern is only  $18.73/hr according to the 2018 NACE Guide to Compensation for Interns & Co-ops.

 

When you pay a wage, it enables economically disadvantaged youth to participate.  Many students are in a situation where they fund their own schooling, unable to rely upon family for financial resources. 

 

Here's the cool part: Paid or unpaid, interns are an inexpensive resource.  Any rate that you pay them are likely to be significantly lower than full time employees, and you aren't obligated to pay unemployment or a severance package.   Internships are the ultimate try-before-you-buy program!

 

If you already have an internship program, you've probably realized that interns give the best "bang for the buck" due to the low wage requirements paired with the candidate's extremely high motivation to succeed.

 


 

$945,230 annually.  

 

This is the average amount an entity will spend on URR (University Relations & Recruiting).  If we extrapolate this across the Fortune 1000, it's a billion bucks! 

 

While Diverse.org can't completely offset the costs associated with URR for our donating entities, we CAN provide a solid return on donations whether those donations come as internship experiences or hard currency.   Remember that the founders of Diverse.org are businesspeople, and they are looking to create a self sustaining model.  They figure that the only way a model can self-sustain is to provide ample value to the marketplace; they wanted to build a model that gives a hand UP, not a hand OUT.

 

Give us a try, let us help you put a few superstars into your internship program!   

 

Still have questions?