Small businesses often find the cost of employing staff to be one of the main expenses in their business and are difficult to manage. Therefore, businesses should consider employing interns as to help to reduce their costs.
While interns earn lower wage, the opportunity of an internship will allow them to gain relevant practical work experience which is invaluable. This arrangement will also benefit small businesses as they are able to access the intern’s valuable skills at a lower wage.
However, in order for this strategy to be effective, employers needs to find ways to keep interns energised and motivated because financial reward is no longer a motivating factor. Balanced out their role with challenges and offer them the opportunity to learn valuable skills. Repetitive administrative work will likely and quickly demotivate them.
In addition, remember that this mutually beneficial arrangement may lead to a long term employment in the future.