“The intern process gives us time to "try before you buy" and we can hire them very cheaply for a US employee.” This is a great theory. However, look at the historical data of how many interns in the US have been hired. I’ve actually had this conversation with one of the 2 People who do the hiring for the US intern program. Out of the 4-5 years JK has been working with the intern program, she told me only ONE intern has been hired after they graduated and an offer was made to one other former intern who declined for a better offer. I don’t know how many interns are hired each year in the US. But with offers having been made to 2 people, only 1 accepted, the “success” rate of “try before you buy” is less than 1%.
Is the “PR” value of having an internship program (2 employee’s T&E recruiting trips to multiple universities along with tchotchke items they give out, intern salaries, multiple meals and entertainment throughout the summer, tons of company branded stuff) more valuable than keeping a critical resource? It would be hard to argue the productivity of an intern is comparable to a full-time employee.
Interns are great when times aren’t lean. But if you know you’re going to have to cut headcount, why not start with not hiring interns in exchange for retaining full-time employees?
(India and Poland are different . Interns in India have to be guaranteed conversion to a regular employee at the end of the internship).