Indiana INTERNnet is proud of the two Indiana colleges that made onto the U.S. News’ “10 Colleges With the Highest Rate of Student Internships” list: Holy Cross College and Taylor University. Below is an excerpt from the featured article by Devon Haynie, an education reporter at U.S. News.
It’s a tough job market for recent college graduates.
Of the workers who graduated from college in the past two years, 41 percent say they are underemployed and working in jobs that do not require their college degrees, according to a 2013 survey from Accenture, a consulting company.
And even with their degrees, nearly 63 percent of recent graduates said they will need more training in order to get the job they want, the survey states.
Faced with this reality, many college students are doing everything they can to be more marketable after graduation.
More often than not, landing an internship is key to that strategy – …
From Inside INdiana Business
It’s easy to list specific reasons why an organization should start an internship program: increased productivity, enhanced creativity, effective recruitment – to name a few. But it’s the coveted notion of saving time and money while getting quality results that’s music to the ears of any employer.
In fact, these days when hiring for a full-time position, some organizations may not have the time or financial resources to recruit a seasoned individual. According to the National Association of Colleges and Employers’ (NACE) 2010 Internship and Co-op Survey (based on 235 employer responses), 83% of employers said that they use internship programs as a tool for recruiting entry-level talent, an increase of approximately 5% from 2009.
NACE’s survey also indicated that 44.6% of respondents’ full-time entry level hires from the class of ’08-’09 were from their internship programs, an increase of approximately 10% from the prior year.