A common complaint heard from cooperative management today is finding experienced people to hire with the knowledge of cooperatives. They often hire people who have corporate business knowledge, but not cooperative business knowledge and end up using time and money to train them. Currently, five colleges/universities in North Dakota offer a cooperatives course--North Dakota State University, Dickinson State University, Lake Region State College, Minot State University, and the University of North Dakota. Students are being drawn from the business, agribusiness, and other departments. Students are learning about cooperatives, the steps to start a cooperative, and the financial differences of cooperatives versus corporation.
By offering an internship to these students and others, the cooperative can bring new talent into the company and work with the students without the obligation of employment. The students can meet short-term needs for extra assistance, and bring enthusiasm and current industry knowledge. As an example, one area Cooperative offered an internship to a student to re-design their website with the things the members wanted to have Internet access to. The end result was exactly what the Cooperative had hoped for.
Why should a Cooperative be interested in offering an internship? Perhaps the following statistics will shine some interesting light on reasons why. When surveyed, the employers in the National Association of Colleges and Employers (NACE) Job Outlook 2003 survey said they considered their own internship programs as the most cost-effective method for recruiting new college graduates for full-time, permanent positions. These businesses reported that 32 percent of new college hires come from their internship programs. NACEs Job Outlook Fall Preview survey revealed that employers are expected to hire 3.6 percent fewer 2003 college graduates. The only region projecting a positive outlook for college hiring was the Midwest. The employees in this region expect to hire 11.2 percent more new college grads this year (2002-2003) than last year. The worst outlook was in the West with a drop of 15.7 percent.