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Leadership internship hiring summary. Here are some key points about hiring leadership interns in the United States:
Here's a step-by-step leadership internship hiring guide:
Before you start hiring a leadership internship, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
Hiring the perfect leadership internship also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
The following list breaks down different types of leadership interns and their corresponding salaries.
| Type of Leadership Internship | Description | Hourly rate |
|---|---|---|
| Leadership Internship | Training and development specialists plan, conduct, and administer programs that train employees and improve their skills and knowledge. | $14-24 |
| Summer Analyst | Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information... Show more | $20-49 |
| Financial Analyst Internship | A financial analyst intern is responsible for supporting an organization with financial activities and tasks. Typical duties and responsibilities may include creating and analyzing financial reports, preparing financial statements, and helping with audits... Show more | $13-25 |
Including a salary range in your leadership internship job description is one of the best ways to attract top talent. A leadership internship can vary based on:
A good leadership internship job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a leadership internship job description:
There are a few common ways to find leadership interns for your business:
Your first interview with leadership internship candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best leadership internship candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire leadership interns, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire leadership interns pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Leadership interns earn a median yearly salary is $39,660 a year in the US. However, if you're looking to find leadership interns for hire on a contract or per-project basis, hourly rates typically range between $14 and $24.