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The changing face of internships

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in Centerpiece,Hiring,Human Resources

intern holding money

by Adam Goldstein, Business Management Daily

If you’re hoping to attract college-age superstars to fill your organization for internships, consider the competition:

  • Microsoft reportedly pays interns more than $5,000 a month.
  • Bain & Co.’s 10-week Summer Associate and Associate Consultant Internship flies students to Cape Cod for three days of training to turn them into consultants before assigning them to work with clients.
  • Minneapolis-based marketing firm Duffy and Partners sends its interns on paid business trips to work with clients like McDonald’s and Starbucks.
  • Google, whose internship program pays nearly $6,000 a month and is ranked by students year after year as one of their favorites, got 40,000 applications for its 1,500 intern spots in last year.

The internship has become the must-have résumé-booster for college students hoping to land good jobs. Many organizations give first consideration to interns when fillin...(register to read more)

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