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Article: Career Advice: Turning Your Summer Internship into a Job Offer Summer internships are increasingly useful for attaining permanent employment. Some companies, such as Procter & Gamble, now stick to a strict promote-from-within policy where upwards of 80 percent of entry-level hires may have interned with the company. And many of the companies currently eagerly eyed by MBAs, including consulting firms McKinsey and Bain and investment banks like Goldman Sachs, draw heavily on previous summer interns for their entering classes as well. In fact, Bill Wright-Swadel, the undergraduate career director for Harvard University, says that he's even seen companies give "exploding offers" to juniors who've just finished internships. Those job offers must be accepted before September of senior year, when recruiting season gets into full swing, else they "explode" - disappear. In fact, as internships become an ever-surer route toward permanent jobs, it looks worse if an intern doesn?t get an offer to return full-time (even if he has no intention of actually working at the company.) As Peter Verucki, career director of Vanderbilt?s business school, told The Wall Street Journal "When you interview for full-time jobs next year, companies will ask if the company you interned with wants you back. You want to be able to say yes." But not all internships are so regimented or sure routes to permanent employment. For internships at smaller organizations, schmoozing and hard work are still needed to turn internships into full-time jobs. Bob, an intern with an NBA basketball team, says he started as a floater. "I did research in the team files," says Bob. "The team was being sued." In the meantime, Bob's cheery, uncomplaining attitude and snazzy wardrobe endeared him to the director of publicity. He was well-positioned: "when an intern in PR left. I took his place." Bob?s new slot enabled him to attend games, and though his hours doubled, so did his contacts within the organization. Bob found that he genuinely liked most of the people at his workplace. After he returned to school, he kept in contact with his co-workers there and visited during spring break. Bob estimates that he kept in touch with about five people from the NBA, and says "It wasn't about getting a job. Well, there was gain involved, but it wasn't just that."
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Four tips for turning your summer internship into a job:
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