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How to Hire Rock Star Interns


         Make progress not coffee
Road Map

1. Background on InternMatch
2. Nine Steps to Hiring Better
  Interns, Saving Time, and Getting
  More Done
Our Background
                      New Aggregated Internships
12,000

10,000

8,000

6,000

4,000

2,000

    0
         July   Aug   Sept   Oct   Nov   Dec   Jan   Feb   March   April



    •    Started in 2009
    •    Roughly 300,000 unique student visitors in
         April 2012 -- growing fast
    •    Over 700 direct university connections
Our Interns

InternMatch has now hired over 50 interns



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




 ** US Employers with 20+ Employees
Why Hire Interns
            New Aggregated
              Internships
12,000


10,000
                                                                           •   Fill in critical skill gaps
8,000


6,000                                                                      •   Pipeline for hiring
4,000
                                                                           •   Regional Expansion
2,000


    0
                                   Nov




                                                           March
                                                                   April
         July
                Aug


                             Oct



                                               Jan
                      Sept



                                         Dec


                                                     Feb
Free Labor?


              •   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.
Not for everyone
 Hiring top notch students with the right culture fit is essential for SMBs and Startups



• Autonomous but not
  automatic                                                     +50K /
• Contributes energy                                            Fantastic Intern
  to office/team
• Future hire




• Can’t test assumptions                                        -25K /
• Needs to be motivated                                         Mediocre Intern
• Only around for 3
  months
#1 Have a Goal/Project in mind



                                    •     Specific projects
                                          make management
            Have a Goal/Project in mind   easier and products
                                          more valuable.
                                    •     This resume guide
                                          was made by our
                                          first ever intern
                                          when we had no in-
                                          house designer
#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!
#3 Decide on a Manager



                               •      Meet once a week for
                                      coffee
           Have a Goal/Project in mindTell the student to
                                  •
                                      ask questions
                                  • Set
                                      benchmarks/goals
                                      for projects
#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
#5 Create a posting



                                           •   Pitch company

                Have a Goal/Project in mind•   Pitch education
                                               opportunity

                                           •   Detail the role




  Use our free template! Got to
  www.InternMatch.com/guides/gold-standard-
  internhip-posting
#6 Pimp it out



                 •   Tweet about it
                 •   Send it to rock star
                     former interns
                 •   Send it on to favorite
                     TAs, professors,etc
#7 Always be Closing

                              Interviews:
                              • Sell: Spend first 5
                                   minutes talking up your
                                   company and role
                              • Be prepared: Have a list
                                   of questions ready to
            Have a Goal/Project in mind
                                   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.
#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
#9 Have Fun


                                  •      Interns can and
                                         should impact your
                                         culture
                                     • They come and go
              Have a Goal/Project in mindbut you can have a
                                         truly meaningful
                                         impact on their
                                         future
How to find applicants?



                                 •   Hustle
                                 •   Post to universities
                                 •   Craigslist
                                 •   Let us hustle for
                                     you…




 Post positions at www.internmatch.com/employers
Thank You

    Nathan Parcells, Founder/CMO

       nathan@internmatch.com

            301-873-8435

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Howto hirerockstarinterns

  • 1. How to Hire Rock Star Interns Make progress not coffee
  • 2. Road Map 1. Background on InternMatch 2. Nine Steps to Hiring Better Interns, Saving Time, and Getting More Done
  • 3. Our Background New Aggregated Internships 12,000 10,000 8,000 6,000 4,000 2,000 0 July Aug Sept Oct Nov Dec Jan Feb March April • Started in 2009 • Roughly 300,000 unique student visitors in April 2012 -- growing fast • Over 700 direct university connections
  • 4. Our Interns InternMatch has now hired over 50 interns • We have hired numerous campus ambassadors at schools including MIT, Harvard, Upenn, Wisc onsin, Michigan and more! ** US Employers with 20+ Employees
  • 5. Why Hire Interns New Aggregated Internships 12,000 10,000 • Fill in critical skill gaps 8,000 6,000 • Pipeline for hiring 4,000 • Regional Expansion 2,000 0 Nov March April July Aug Oct Jan Sept Dec Feb
  • 6. Free Labor? • 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.
  • 7. Not for everyone Hiring top notch students with the right culture fit is essential for SMBs and Startups • Autonomous but not automatic +50K / • Contributes energy Fantastic Intern to office/team • Future hire • Can’t test assumptions -25K / • Needs to be motivated Mediocre Intern • Only around for 3 months
  • 8.
  • 9. #1 Have a Goal/Project in mind • Specific projects make management Have a Goal/Project in mind easier and products more valuable. • This resume guide was made by our first ever intern when we had no in- house designer
  • 10. #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!
  • 11. #3 Decide on a Manager • Meet once a week for coffee Have a Goal/Project in mindTell the student to • ask questions • Set benchmarks/goals for projects
  • 12. #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
  • 13. #5 Create a posting • Pitch company Have a Goal/Project in mind• Pitch education opportunity • Detail the role Use our free template! Got to www.InternMatch.com/guides/gold-standard- internhip-posting
  • 14. #6 Pimp it out • Tweet about it • Send it to rock star former interns • Send it on to favorite TAs, professors,etc
  • 15. #7 Always be Closing Interviews: • Sell: Spend first 5 minutes talking up your company and role • Be prepared: Have a list of questions ready to Have a Goal/Project in mind 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.
  • 16. #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
  • 17. #9 Have Fun • Interns can and should impact your culture • They come and go Have a Goal/Project in mindbut you can have a truly meaningful impact on their future
  • 18. How to find applicants? • Hustle • Post to universities • Craigslist • Let us hustle for you… Post positions at www.internmatch.com/employers
  • 19. Thank You Nathan Parcells, Founder/CMO nathan@internmatch.com 301-873-8435