Experience with interns

by a searcher from New York University - Leonard N. Stern School of Business

1 year ago

Hi All,

Can people share some effective ways to "compensate" unpaid interns as part of a search? I've heard of weekly case study discussions, network / internship connections, willingness to write recommendations, but anything else people have found to be effective?

Thank you all in advance.

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19 comments

searcher from University of California, Berkeley - Haas School of Business

All over the board. I mentored a successful searcher and between her and I had about 10 interns. 10% rule applies. The rest are a drag. She had 2 rad interns....one a freshmen and one finishing her MBA. One of mine landed at Goldman Sachs the following summer. The rest were not a great use of my and my mentee's time. Most interns consumed a lot of your time for me to justify putting in place a "comp" structure. Another way I compensated my interns is I curated a weekly "ask me anything" series that includes VC, PE, CEOs, venture backed founders, bankers, lenders, etc. The good ones came prepared and followed up after to build their network, which I encouraged and recommended.

8 months ago | like reply | 0 likes

member from New York University

I think weekly case studies are great way to interact and impart valuable lessons!

8 months ago | like reply | 0 likes

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