Recruiting Savings
Employers spend an average of $6,500 to hire and train new
employees, half of whom leave the company after training.
While employers are under no obligation to offer positions
to co-ops upon graduation, many do, lowering recruiting and
turnover costs.
Cost Effectiveness
When you hire a co-op student as a full-time employee after
he/she graduates, you hire a trained professional who is productive
from day one.
Specialized Skills - Co-op employees bring the latest theories,
ideas, and classroom training to their jobs. You have access
to this talent and information pool.
Flexibility
By using co-ops, your full-time employees are freed for more
complex and creative tasks. Co-ops can also complete special
tasks that no one else has had time to work on.
Community Relations
Organizations that hire co-ops assist students who might otherwise
have difficulty financing their degrees, thus providing a
valuable service to the community. Co-op employers are among
the most respected of business leaders across the country
because of their contribution to an outstanding educational
program. While co-op employers realize practical business
benefits at low cost and minimal risk, the work experience
provided to students is an integral part of their education.
It reinforces academic training and encourages professional
development. In this cooperative effort, everyone wins: employers,
students, college, and community.
Related Links:
» Employer Responsibilities
» Guide to Cooperative Education
» Program Setup
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