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How to Hire Rock Star Interns Make progress not coffee

Howto hirerockstarinterns

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Page 1: Howto hirerockstarinterns

How to Hire Rock Star Interns

Make progress not coffee

Page 2: Howto hirerockstarinterns

Road Map

1. Background on InternMatch2. Nine Steps to Hiring Better

Interns, Saving Time, and Getting More Done

Page 3: Howto hirerockstarinterns

Our Background

July Aug Sept Oct Nov Dec Jan Feb March April0

2,000

4,000

6,000

8,000

10,000

12,000

New Aggregated Internships

• Started in 2009• Roughly 300,000 unique student visitors

in April 2012 -- growing fast• Over 700 direct university connections

Page 4: Howto hirerockstarinterns

Our Interns

InternMatch has now hired over 50 interns

** US Employers with 20+ Employees

• We have hired numerous campus ambassadors at schools including MIT, Harvard, Upenn, Wisconsin, Michigan and more!

Page 5: Howto hirerockstarinterns

Why Hire Interns

July

Sept

Nov Ja

n

Mar

ch0

2,000

4,000

6,000

8,000

10,000

12,000

New Aggregated Internships

• Fill in critical skill gaps

• Pipeline for hiring

• Regional Expansion

Page 6: Howto hirerockstarinterns

• DON’T hire thinking this is a good tool for free labor

• DO expect to have to put some time into this process

Paid interns are generally more skilled, more likely to convert to full-time and will save you time and energy.

Free Labor?

Page 7: Howto hirerockstarinterns

Not for everyone

• Autonomous but not automatic

• Contributes energy to office/team

• Future hire

• Can’t test assumptions• Needs to be motivated• Only around for 3

months

+50K / Fantastic Intern

-25K /Mediocre Intern

Hiring top notch students with the right culture fit is essential for SMBs and Startups

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Nine steps to hiring kick ass interns who save you time and money

Page 9: Howto hirerockstarinterns

#1 Have a Goal/Project in mind

Have a Goal/Project in mind

• Specific projects make management easier and products more valuable.

• This resume guide was made by our first ever intern when we had no in-house designer

Page 10: Howto hirerockstarinterns

#2 Decide on Compensation

• Marketing/Business: $10 - $12.50/hour

• CS $12.50 - $20/hour

• MBA $12.50 - $15/hour

Educational Compensation is worth more than $$$. Learning software (Basecamp, Hootsuite, etc) is huge!

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#3 Decide on a Manager

Have a Goal/Project in mind

• Meet once a week for coffee

• Tell the student to ask questions

• Set benchmarks/goals for projects

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#4 Define Position Nuts and Bolts

• Length? Typically 3- 6 months long

• Hours? Typically 10-40 hours per week

• Season? Summer you get more attention from a student

Page 13: Howto hirerockstarinterns

#5 Create a posting

Have a Goal/Project in mind

• Pitch company

• Pitch education opportunity

• Detail the role

Use our free template! Got to www.InternMatch.com/guides/gold-standard-internhip-posting

Page 14: Howto hirerockstarinterns

#6 Pimp it out

• Tweet about it• Send it to rock

star former interns

• Send it on to favorite TAs, professors,etc

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#7 Always be Closing

Have a Goal/Project in mind

Interviews:• Sell: Spend first 5

minutes talking up your company and role

• Be prepared: Have a list of questions ready to evaluate the student.

• Review: Extra-curriculars are often more important than grades.

• Follow-up: Setup a time to talk again with the student before making a decision.

• Manage expectations.

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#8 Get Started on the right foot

• Let students know what they need on the job (laptop, a suite, etc)

• Create an email account for them

• Be upfront about office rules and expectations, etc

Page 17: Howto hirerockstarinterns

#9 Have Fun

Have a Goal/Project in mind

• Interns can and should impact your culture

• They come and go but you can have a truly meaningful impact on their future

Page 18: Howto hirerockstarinterns

How to find applicants?

• Hustle• Post to

universities• Craigslist• Let us hustle for

you…

Post positions at www.internmatch.com/employers

Page 19: Howto hirerockstarinterns

Thank You

Nathan Parcells, Founder/CMO

[email protected]

301-873-8435