Why Are More Companies Hiring Junior Staff?
Employers are starting to realise just how valuable hiring junior staff and running internship programs are in today’s climate.
Hiring junior staff is considered risky and costly for many companies, they simply can’t deliver the same volume of work as those with years of experience. What companies don’t realise is that even though it might be time consuming, the long-term advantages of hiring a junior can help grow their business and accomplish their future objectives.
Pick and choose future employees
The process of recruiting can be stressful and can take up precious resources and time. A perfect solution is setting up a junior or internship program, which creates an ongoing pipeline of future full-time employees. Having a large pool of candidates is the most effective way to identify individuals who excel and gives you the chance to evaluate their potential as a full-time employee. When trialling juniors through a semester or summer internship, you make fewer mistakes when it comes to full-time staffing.
69% of companies made full-time job offers to their interns.
Increase productivity and communication
Having an extra set of hands in the office can help your employees be more productive, prevent them from becoming overburdened by side projects, as well as free them up to accomplish more creative tasks or those where higher-level, strategic thinking or expertise is required. With the increase of productivity, communication between team members and stress levels drop creating a harmonious working environment.
Take advantage of low-cost labor
Another obvious consideration is the financial benefits of hiring an intern. With compensation packages that are usually much lower than hiring a full-timer, hiring an intern can relieve some of the burden on your staffing budget. While, of course, the cost of recruiting and training needs to be taken into account also, more often than not juniors can be amongst the most highly motivated members of your workforce (even though their responsibilities aren’t major). What’s more, if you find your intern is the perfect fit for a full-time position, you’ll save on recruitment costs later down the track.
66% of employers believe interview performance and relevant work experience are the most important factors in their hiring decisions.
Increase employee-retention rate.
According to NACE’s 2009 Experiential Education Survey, almost 40% of employers reported a higher five-year retention rate among employees they’d hired via their internship programs. This is a great statistic to support the use of junior and internship programs to build their experience, develop skills, make connections, strengthen their resumes, increase their industry-based knowledge, and assess their interest and abilities.
40% of employers reported a higher five-year retention rate.
Support students with the use of Paddl.
Paddl is currently placing students in casual and part-time roles relevant to their field of study by connecting them with businesses much like your own. By signing up to Paddl today and posting a job, you will have access to students studying courses relevant to your industry who are all eager to get more hands-on training, real experience, and mentoring opportunities with your organisation. Not only are you growing your business but you’re providing employment for students in order to strengthen the full time employment outcomes upon their graduation.
Click here to register today.
*All our statistics can be found referenced here.