Canadian Electrical Industry News Week

Jan 13, 2019

ChapeskiBy Mark Chapeskie


Much has been written about the moral value and legality of paying interns versus not paying interns. While those arguments may work with some, there will always be those who cannot be persuaded by anything but the business case. So here it is.

When a person or organization is paying for a service, they are more likely to assign value to that service and therefore invest more time and energy into maximizing their return.

The evidence is clear that paying interns actually improves overall return on investment (measured both in time and dollars). When a person or organization is paying for a service, they are more likely to assign value to that service and therefore invest more time and energy into maximizing their return. This then improves the outcomes associated with that service. In this case, the service on offer is a student intern. The numbers back this up.

Interns who are paid are more likely to stay on post-internship or after graduation and more likely to work on actual company challenges/projects rather than clerical work. I have previously referred to the RBC example with their Aspire program. The work their interns have done under the supervision of senior management has actually resulted in new intellectual property and in some cases even patents.

Student debt loads on graduation are anywhere from $10,000 to $27,000. Managing their finances means many students can’t afford to take on an unpaid internship. They need a side job to keep bills paid while in school. This means that companies aren’t necessarily attracting the best and brightest into unpaid internships. They are attracting those who can afford the time to be there socio-economically. Companies that pay access a bigger and more diverse pool of talent.

Do you really want your intern thinking about their side hustle?

When I hire someone, I want them focussed on my priorities in my business. I don’t want them wondering if they can afford rent this month or whether or not they can put food on the table. Do you really want your intern thinking about their side hustle (that Shopify business they started, their rating on Upwork and bidding on the next freelance job or how many hours with Uber they can fit in)?

A return intern is 90% likely to result in a full-time job opportunity.

Interns who are paid are also more likely to convert to full-time employees. A single internship is 44% likely to convert to a full-time employee and a return intern is 90% likely to result in a full-time job opportunity. HR is always trying to come up with ways to expand the talent pipeline. Internships are a great opportunity to try out new talent in a controlled environment and a contracted timeframe.

Lastly, each new intern is an opportunity to expose people to the inner workings of your company. If the internship is handled well, they can become brand ambassadors of your product, your service and your workplace culture. They become your social marketers to their own networks. And while many of those networks are immature currently, they too will grow with time. And if they speak well of your company and your culture, who knows what new talent may come your way as a result.

Paying interns improves ROI, improves access to a greater pool of the best and brightest, expands your talent pipeline, and boosts your organization’s brand.

In closing, paying interns isn’t a moral obligation or just the “right thing to do.” Paying interns improves ROI, improves access to a greater pool of the best and brightest, expands your talent pipeline, and boosts your organization’s brand. Paying your interns just makes good business sense. Could the interns at your organization be more valuable?

I’m proud to work for an organization that actively supports intern hiring through wage subsidies. We believe in hiring interns so much, we’ll help offset the cost of new interns hired in Canada.

Mark Chapeskie is Director of Projects, Electricity Human Resources Canada.

 

Notes

See RBC Amplify Program

See more about Student Debt

See Nace 2015 Survey results regarding internship hires

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Robotic automation offers huge potential to enhance productivity, efficiency and manufacturing flexibility throughout the construction industry, including automating the fabrication of modular homes and building components off-site, robotic welding and material handling on building sites and robot 3D printing of houses and customized structures. 



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Canadian Electrical Contractor Discussion Group: Can You Count the Deficiencies?

EIN CECD 400Have you ever been called to fix the work of a 'handyman'?

"Was supposedly done by a"certified ' electrician....told the homeowner that he got a $266 permit....no record at TSBC. Can you count the deficiencies?"

"There is a second panel change in the triplex also.......even more deficiencies. Think the guy was a glorified handyman. Ones not obvious: 240 BB heat hooked up 120....drier on 2p20....range on 2p50....water heater fed with 2c14 Bx on 2p15."

Go HERE to join the discussion

 


 

Smart GridHarnessing Canada’s immense clean energy resources requires transformational investments to modernize our electricity grid. The Government of Canada is investing in renewable energy and upgrading the electricity grid to make clean, affordable electricity options more accessible in communities across Canada.

The Honourable Seamus O’Regan Jr., Minister of Natural Resources, today launched a $964-million program to support smart renewable energy and grid modernization projects that will lower emissions by investing in clean energy technologies, like wind, solar, storage, hydro, geothermal and tidal.

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It also has a strong focus on innovation and efficiency — as demonstrated by decisions such as the one it made in 2017 to use beet juice to help combat icy winter roads, allowing the City to reduce the amount of salt it was using, thereby saving money and decreasing the impact on the environment. 

 

 

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Keith SonesBy Keith Sones

The writing was on the wall.  The closures would happen. But a lot of people were upset, and I was one of them. 

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Product News

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The Lumenquad Small and Medium are the latest additions to a family of sleek, elegant, high-performance projectors that has already been validated with honours, including recognition in the PIA Awards in 2019, together with a Lux Awards for Exterior Luminaire of the Year in 2019. 

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The grips feature a slip guard handle design for added protection at the front-end and raised rear-finger steps for easy opening at the back-end. Wiha Insulated SoftFinish® Cushion Grip Pliers and Cutters consist of premium quality tool steel for strength and durability and induction hardened cutting edges and jaws for superior sharpness and longevity. 

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As per President Austin Brennan, their experienced and knowledgeable team can be depended upon in any situation to deliver quick and efficient service. On top of their product solutions — ranging from electrical, automation, safety, lighting and portable power distribution — 

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