Internships: Yea or Nay? A good program will generate benefits, but be sure to do it right.

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Steve Jobs and Bill Gates were interns. Best companies use internships to win the war to recruit talent. The website Internships.com indicates that 56 percent of employers plan to hire more interns this year, up 9 percent from 2013. Internships are the ultimate job interview. “Test running” the talent helps you avoid costly hiring mistakes. Things to know about internships:

1. Business benefits from internships. Internships provide a pipeline of desired talent. About 35 percent of full-time, entry-level college hires come from internships. Employers report about 40 percent higher retention rates with interns.

Originally published in Seattle Business Magazine on June 20, 2014.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Lane Powell PC | Attorney Advertising

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