Verified Document

Paid Vs. Unpaid Internships The Thesis

The fashion industry thrives on changes in societal attitudes and fast moving trends. An internship in the fashion industry will be an excellent opportunity for the student, but what about for the company? Hiring an intern has advantages and disadvantages. Like the costs and legalities, the advantages and disadvantages often depend on the individual situation. The key is finding the right match. If the intern is a good match for the firm, the internship will have the advantage of bringing fresh new ideas and creativity to the firm. The intern will enhance the firm, as would any employee that had the right "spark." An intern can help to fill a temporary vacancy in the company, either to be later hired themselves, or to hold the position until a permanent employee can be found.

Another advantage to hiring an intern is the both the company and the intern can "test drive" each other to see if they are a good match without making a more permanent commitment. This can be a key advantage in the fashion industry, as the competition is stiff and there is little room for error. Firms do not have the time to waste with people that do not fit into their brand or their corporate culture. Internships can also be used in a competitive fashion. The company can bring on several interns and they can compete for the permanent positions that are open. The flexibility of internships allows them to be used as a major tool for building the company and enhancing their brand.

Internships have several advantages for the company that makes them an attractive option from the company's standpoint. However, just as there are advantages to hiring an intern, there are also disadvantages as well. Hiring the wrong employee can have a negative impact on the company. This principle still applies to interns. The intern that does not pull their weight can harm the company and the brand that they wish to promote.

Interns are inexperienced and are bound to make mistakes. This is part of the learning process. The relevant question is which mistakes will be made and how detrimental they will be to the company. Interns represent a risk and companies often must consider who will supervise them and how closely they need to be supervised in order to minimize the damage that is caused. This is another key factor in the decision to hire an intern. Interns are beginning level, at best, they have a lot to learn and for most, this will be their first stint into the fashion industry. They cannot be expected to be as valuable and productive as the experienced employee.

Another key disadvantage to the company is that they often do not receive the value from the intern that they receive from a long-term employee. Aside from the experience and potential for mistakes mentioned earlier, the employer must consider the time and expenditure of the training time. Trainees are not as productive as experienced employees. However, the employer expects that in time, the permanent employee will become a productive member of the workforce. This may or may not be true with the intern. The intern may become a permanent employee, or their internship may end before they reach the point of independence and productivity. The company may never see the return for their investment.

As one can see, there are both advantages and disadvantages to hiring interns. Whether the proposition sounds enticing depends on the situation and reason for wanting to hire them. These reasons are as different as the firms themselves. Hiring interns is an investment in the future of the fashion industry as a whole, even if the individual firm does not seem to benefit from the exchange. Hiring interns offers a great public relations...

Parts of this document are hidden

View Full Document
svg-one

Companies that hire interns are viewed as altruistic and interested in education. Whether the intern is paid or unpaid does not have as much weight as other factors within the firm.
Conclusion

Currently, there are many opportunities for different types of internships in the fashion industry. Whether these internships are paid or unpaid has little relevance to increasing the number of opportunities available in the fashion industry. For large firms, the costs of hiring interns are negligible. However, increasing the number of unpaid internships may help to entice participation by small firms, where the costs have a greater impact.

Offering both paid and unpaid internships may or may not increase the number of opportunities available. It depends on the area and the local market. However, if the student is willing to accept both paid and unpaid internships, they will increase their personal chances of landing one. By only looking for paid internships, they are limiting their possibilities. The main outcome of the experience should be focused on the knowledge and experience gained, not on the pay.

A student searching for an internship should consider several things, aside from pay. They should look at the goals of the internship opportunity to see if they are compatible with their own. They should focus on any potential permanent employment opportunities that are available when the internship ends. They should ask what this internship will do for their career and what they hope to gain from it. Internships are a long-term career move.

The focus should be on the long-term future, rather than short-term gains. If this career minded approach comes out, the student will have a much better chance of landing the internship than if they express over-concern regarding pay. Employers will respect the long-term focus and the ability to plan for the future. Projecting one's attention to the long-term future is the best way to let an employer know that one is serious. Making certain that this is the image that is conveyed is the best way to assure success for both the intern and the company. The opportunities for paid and unpaid internships are numerous and the right attitude is essential to make one stand out in this highly competitive field.

References

Broward University. Internship Rules. Retrieved June 25, 2009 from http://74.125.47.132/search?q=cache:jXXzaZKORiwJ:www.broward.edu/confluence/do wnload/attachments/1114/Internship%2BRules.doc%3Fversion%3D1+internship+worker s+compensation&cd=8&hl=en&ct=clnk&gl=us&client=firefox-a.

New York State Worker's Compensation Board (2009). Student Interns. Retrieved June 25, 2009

http://www.wcb.state.ny.us/content/main/onthejob/CoverageSituations/studentInterns.jsp.

New York University. (2009). Managing Volunteers, Unpaid Interns, and Trainees. Retrieved June 25, 2009 from http://www.nyu.edu/hr/policies/hrmemp14.html.

Simply Hired. (2009). Internship Fashion Salaries. Retrieved June 25, 2009 from http://www.simplyhired.com/a/salary/search/q-Internship+-+Fashion/l-

New+York+City,+NY

Texas State University. (n.d.). Fashion Merchandising Internship. Retrieved June 25, 2009 from http://uweb.txstate.edu/~bw09/FM4301/employers.htm.

University of Dreams. (2009). Fashion Internships. Retrieved June 25, 2009 from http://www.summerinternships.com/fashion-internships/

Western Washington University. (n.d.). Employer's Guide to Developing an Internship.

Retrieved June 25, 2009 from http://www.careers.wwu.edu/resources/internshiphandout_employers.pdf.

Sources used in this document:
References

Broward University. Internship Rules. Retrieved June 25, 2009 from http://74.125.47.132/search?q=cache:jXXzaZKORiwJ:www.broward.edu/confluence/do wnload/attachments/1114/Internship%2BRules.doc%3Fversion%3D1+internship+worker s+compensation&cd=8&hl=en&ct=clnk&gl=us&client=firefox-a.

New York State Worker's Compensation Board (2009). Student Interns. Retrieved June 25, 2009

http://www.wcb.state.ny.us/content/main/onthejob/CoverageSituations/studentInterns.jsp.

New York University. (2009). Managing Volunteers, Unpaid Interns, and Trainees. Retrieved June 25, 2009 from http://www.nyu.edu/hr/policies/hrmemp14.html.
Simply Hired. (2009). Internship Fashion Salaries. Retrieved June 25, 2009 from http://www.simplyhired.com/a/salary/search/q-Internship+-+Fashion/l-
Texas State University. (n.d.). Fashion Merchandising Internship. Retrieved June 25, 2009 from http://uweb.txstate.edu/~bw09/FM4301/employers.htm.
University of Dreams. (2009). Fashion Internships. Retrieved June 25, 2009 from http://www.summerinternships.com/fashion-internships/
Retrieved June 25, 2009 from http://www.careers.wwu.edu/resources/internshiphandout_employers.pdf.
Cite this Document:
Copy Bibliography Citation

Related Documents

Business Plan: Bridal Salon Business Products and
Words: 3400 Length: 10 Document Type: Business Plan

Business Plan: Bridal Salon Business Products and services Keys to Success Company description Vision Statement Mission Statement Company background Products and Industry Product Description Industry Description The Market Market and Target Customer Market Segmentation Target Market Strategy Competition and Competitive Advantage Curbing Local Competition Curbing Regional Competition Marketing Strategy Overall Strategy Sales Plan Competitive Plan Research and Development (Growth Plan) The Organization Legal and Organization Structure Key Personnel Related Service Providers Location The Financials Critical Risks Income Statement Cash Flow Projection Balance Sheet Assumptions References Executive Summary Introduction Pace-setter is a bridal salon that rides on the theme of 'experience'. It creates an environment in which

Business Description Definition of the Market Description
Words: 1271 Length: 4 Document Type: Business Plan

Business Description Definition of the Market Description of the Products Organization and Management Descriptions Marketing Strategies Financial Management This paper presents business plan for a new leather garment manufacturing and retailing business. The business is being set up with an initial capital outlay of $53 million. The paper starts with a brief description of the business; its target market and product offerings, and then proceeds by proposing organizational and management strategies, marketing strategies, and financial management

Business Plan Gbsgreen Building Solutions Company Description
Words: 1926 Length: 6 Document Type: Business Plan

Business Plan GBSGreen Building Solutions Company Description Product & Service Description Marketing Strategy & Plan Environmental Analysis (SWOT/PEST) Competitive Analysis Products and Services Pricing Promotion People Financial Analysis & Projections Profit and Loss Risks and Assumptions GBSGreen Building Solutions Business Plan According to the Environmental Protection Agency (EPA) the impact of commercial buildings on the physical and social environment are such that there is "not questioning the vast impact…" (Environmental Protection Agency, 2006) Commercial Buildings are reported by the U.S. Department of Energy's Energy Information Administration

Business Plan Idc Interiors Aims
Words: 3240 Length: 12 Document Type: Business Plan

[2: www.med.govt.nz/business/business.../structure-and-dynamics-2011.... ] The primary research of the Auckland market presents the following sectors for consideration for the new venture: The demographics in the target market include: college going and married women with children who either are working mothers or stay-at-home mothers; this makes the age group anywhere between 25 to 55; the overall annual income of the household is more than AUS $100,000; the property owned by the target individual

Business Plan of Searchyyy.com a Meta Search
Words: 2289 Length: 7 Document Type: Business Plan

Business Plan of Searchyyy.com a Meta search engine Market Opportunity & Solutions Business Model and Strategy Search engine according to countries and languages Advertisement Revolution Social Networking and Blogging Sites Revenue Opportunities Sales and marketing plan Technology overview Technology implementation Intellectual property Competition Financials Current ratio ROE Debt to equity ratio (D/E) Management Organization and Ownership Organizational Structure Risks and mitigation Searchyyy.com, Inc. is Meta search engine which intends to provide a multi-category search engine to its users at a faster pace. The growing technology has evolved our lives. Users

Business Plan Product Description Market
Words: 4066 Length: 15 Document Type: Business Plan

As part of the research triangle, Raleigh has a significant portion of its population that fits the target market. For the Farmery to succeed, it only needs to capture a small portion of the market share. This is especially true because the store has a small footprint, and has the flexibility to set up on vacant lots without the costs of either renting or developing fixed real estate. The

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now