Millennial Branding News Release (05/21/12)
A study of 225 employers by Millennial Branding shows that 91% of employers think students need one to two internships under their belt, but 50% of them have not hired interns during the last six months. Millennial Branding founder Dan Schawbel says students should secure as many internships as they can before graduation and notes that employers can reduce recruiting and training costs by hiring interns into full-time positions. Additionally, the study found that 83% of companies hire through social networking, 48% through job boards, and 44% using referrals, and 35% of those engaged in social media recruiting perform online background checks, with 42% using LinkedIn, 40% Facebook, 15% Google+, and 2% Twitter.