This Week's Herman Trend Alert Women---Expanding their Sphere of Influence

The Herman Trend Alert May 19, 2010 Compliance Issues Threaten Internships In response to a recent United States Department of Labor (DOL) warning about intern compensation and exploitation, the issue of unpaid internships has attracted considerable attention. The DOL subsequently issued "Fact Sheet #71: Internship Programs under the Fair Labor Standards Act" (April 2010). This document clarifies their employer guidelines about what constitutes "trainee status" to qualify for a compensation exemption. The reaction has ranged from confusion to uproar. The DOL guidelines indicate that any for-profit company with an unpaid internship not providing mutual value is probably breaking the law. To support employers, The Internship Institute (TII), an action-oriented, non-profit organization has issued a "Compliance Advisory" that summarizes the DOL’s guidelines and offers a solution. http://www.InternshipSuccess.com. The site offers a comprehensive intern and career development training course that awards a "Certificate of Career Preparation". This certification course enables students to align their career paths, gain meaningful work experience, and develop the skills to perform at their best. The course is valuable for employers, whether or not they pay their interns, because it tangibly demonstrates the company's investment in these young people. "Interns increase talent equity. Aside from an inherent commitment to train them, the value of making them more capable, efficient, productive, loyal, and motivated provides a straight line to greater return on investment. Providing a compliance remedy is secondary to being substantive and beneficial for everyone," said Matthew Zinman, founder of the Institute. Ten percent of all course proceeds will support TII's "Unpaid Intern Compensation Fund" to make internships accessible for disadvantaged youth. For a limited time, TII has also issued a 20 percent compliance subsidy for companies to make certification more accessible. Employers---with and without paid internships---are invited to utilize the code: “COMP0610” for group registration. At a much higher cost the site InternBridge.com also offers support materials to employers; however the certification program offered by the Institute is a unique solution to this challenge. This compliance solution is an excellent example of how innovation may be applied to benefit all parties. Given the global use of interns, we will not be surprised to find this valuable easy-to-implement course translated into several languages. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." EMPLOYERS AND JOBSEEKERS: MARK YOUR CALENDARS Advertise at or attend VetJobs Virtual Career Fairs. VetJobs, the top veterans' job board, and PSI, the premier diversity job fair producer, are teaming up to launch these VeteransCONNECT events. Employer registration is now open with loading by February 15th. Candidate loading begins March 1st. Expect 25-30 employers and an attendee goal of 2,000 skilled jobseekers. Promoted extensively, early registration begins NOW. To register or request additional information, contact VetJobs at 877-838-5627 or email info@vetjobs.com; Employers: Mention the Herman Trend Alert to receive a Bonus. LOOKING FOR A UNIQUE VALENTINE’S GIFT? Give the gift of leadership advice in our weekly Lessons in Leadership to help your supervisors and managers remind your leaders about what’s really important The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Joyce at joyce@hermangroup.com. http://www.hermangroup.com/store/subscription_all.html#3 Order today! PREVENT EMPLOYEE TURNOVER IN 2012 Yes, you can prevent costly employee turnover, when you train your supervisors, managers, and executives. They will learn dozens of low and no-cost strategies and tactics that they can implement right away. We have an impressive track record and stand ready to help you. Call Carl at 336-210-3547 for a no-obligation conference call. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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