Tag Archives: National Association of Colleges and Employers
Studies show internships matter
Did you know that employers nationwide offered full-time positions to their interns nearly 65% of the time in 2013? And 79% of the interns accepted the offer.
I find these figures from the National Association of Colleges and Employers (NACE) fascinating because they are a testament to the value of internships. Many employers now treat internships as an extended job interview of sorts â training the next generation of talent in order to build their workforce. A 2015 survey by NACE confirms this trend. The report reveals about 70% of employers indicated that seeking full-time, entry-level employees is a main function of their internship programs.
An additional benefit to internships is the return on investment. A study cited by Purdue University Calumet showed that in 2012, college students with internship experience made on average 15% more money than those who did not complete an internship. More coin in the pocket …
Does Working While in School Really Pay Off?
As a college student, you are given a lot of freedom in how you choose to spend your time. There are classes to attend and homework to finish. But as you decide how to spend your time, many students have to choose whether or not working fits into their school schedule. Before deciding whether a part-time job or internship experience is worth your time, consider the following:
The National Center for Education Statistics (Horn & Malizio, 1998) found that students who worked 1â15 hours per week had the lowest risk for enrollment interruption, even when compared with students who did not work.
Retrieved from: http://rer.sagepub.com/cgi/reprint/76/1/63
What does this mean?
Working students are more likely to graduate on time vs. those who donât work.
In a study by Van de Water (1996), student grades tended to improve as students worked more hours per week, up to a total of …
It Pays to Intern
Although wage should not be as important as experience when determining which internships to pursue, the idea of making a good chunk of change is always appealing.Â
When I was still an undergraduate student, I would ask my fraternity brothers if anyone else planned on interning in the summer. I remember asking a younger guy in the house if he planned on applying for any internships. He replied, âNo, I plan on working at a factory like I do every summer where I can make $15/hr, so thatâs way better.â
He, like many other students today, didnât realize that internships pay fairly well:
On average, bachelorâs degree students taking part in internships in 2011 will earn an average of $16.68 an hour, according to results of NACEâs 2011 Internship & Co-op Survey.Â
At the masterâs degree level, the average hourly rate is $24.21.
Aside from the possibility of making a …
Internships Prove More Valuable Than Ever for Companies and Students
From Inside INdiana Business
Itâs easy to list specific reasons why an organization should start an internship program: increased productivity, enhanced creativity, effective recruitment â to name a few. But itâs the coveted notion of saving time and money while getting quality results thatâs 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 Employersâ (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.
NACEâs survey also indicated that 44.6% of respondentsâ full-time entry level hires from the class of â08-â09 were from their internship programs, an increase of approximately 10% from the prior year.
…
Employers: Are You Ready?
Entry by Pat Patterson
Career fairs are fast-approaching â are you prepared to market your organization? Regardless of whether you are a large or small organization, career fairs are a great opportunity to recruit new talent:
âThink about all the money AT&T, Coca-Cola, and Ford Motor Company put into national advertising and promotional campaigns,â explains Keever-Watts, president of The Keever Group. âIn the arena of college recruiting, however, any company can be a âbig fishâ on campus.â
She points out that this is due to employers dealing in a much smaller, more confined market. In addition, Keever-Watts adds, the target audienceâwhich is composed of studentsâis buying what the employer is selling.
âTo make things even more favorable, itâs an employersâ market, which means that students are casting a wider net when it comes to finding a job,â she notes. âWhile the economic downturn hurts us …
Students: Looking for Something to do this Weekend?
Entry by Pat Patterson
Are you looking for something to do this weekend? Why not polish up your resume? Now, I bet youâre all thinking, âYeah, rightâŠI thought this blog entry was going to be about some fun event or promotion.â Just keep readingâŠ
Iâm not suggesting you spend all weekend working on your resume, but it may be a good idea to add recent internships that you have not yet added. The more time that elapses after your internship, the more you will forget important details. You never know when an opportunity may arise when you will need to submit your resume, especially given the fact that college hiring and recruiting is expected to increase: Â
NACEâs current hiring index shows college hiring at 126.4, compared with 86.8 last year at this time. The October poll also found that nearly half of responding employers expect to increase …
Yet Even More Reasons for Internships
Entry by Pat Patterson
For students, if you have yet to do an internship, the findings from a recent employer poll through the National Association of Colleges and Employers may motivate you to do so. The survey indicates that a majority of employers use internship programs to identify full-time hires:
Among employers responding to NACEâs 2010 Internship Survey, 83.4 percent say internship programs are designed to help the organization recruit entry-level college hires. Around one-third (31.1 percent) say the programs are there to help students gain experience, and just under 20 percent report offering internships as a way to build relationships with key schools. (Note: Respondents were able to offer multiple answers.)
For employers who are still hesitant to hire interns, the survey also points to a positive correlation between internships and employee retention:
The survey also found a correlation between doing an internshipâeither with the full-time employing organization or …
College Touring: Donât Forget the Career Services Office
Entry by Pat Patterson
In the current competitive job market, students need to begin thinking about and planning for their potential careers early on in their college experience. Since students go to college to attain an education that will eventually be used to secure a career, students (and parents) should explore each collegeâs career services office on their campus visits. A recent news release from Wake Forest University echoes this sentiment:Â
As high school students and their parents begin the annual fall ritual of campus visits, experts are recommending that families make the career office one of the first stops on any college tour. “In this competitive job market, the tools and resources that a career office provide have become nearly as important as academics when choosing a college or university,” said Patrick Sullivan, Associate Director of Experiential Education at Wake Forest University.
In fact, college internships can be one …