Agenda 1.The Need for High Impact Programs 2.The Power of SUNY 3.Why Co-op/Internships 4.Benefits to Business/Industry, Students and New York State 5.SUNY Works - Research/Campus Activities 6.Questions/Discussion Scope of the Challenge • Two-thirds of all jobs now require some college • Seven of the top ten fastestgrowing occupations require a postsecondary degree • By 2018, one-third of all newly-created jobs will require an associate degree 21st Century Skills • Between 2008 and 2018 of the nearly 47 million anticipated “middle – skill” job openings, 63% will require at least some college education and strong basic skills in math, science, and other technical areas. Higher Education and the Labor Market 63% of all jobs will require some college or better by 2018. 28% 63% Source: Analysis of March CPS data, Center on Education and the Workforce Middle Skills Jobs-New York • Middle skills jobs account for nearly half (46%) of all current jobs in New York State and a substantial share of future job openings, However…. Middle Skills Jobs-New York • ....only 39% of New York’s workforce has the educational credentials to fill those positions. • Ensuring an adequate number of middle-skill workers will require providing “high impact” post-secondary educational opportunities. Levels of Education for NY Residents Ages 25-64 5.6% - less than 9th grade 14.6% - graduate or professional degree 20.0% Bachelor’s degrees 9.1% Associate’s degrees 7.7% - 9th-12th grade; no diploma 25.7% - H.S. graduate or equivalency 17.3% - some college, no degree How Strong is the Education Pipeline? In New York, for every 100 ninth grade students… …57 students graduate from high school four years later. …41 students immediately enter college. …31 students are still enrolled in their second year. …19 students in New York, graduate with either an associate’s degree within three years or a bachelor’s degree within six years. Student Debt Load Official Calls for Urgency on College Costs College seniors with loans now graduate with an average debt load of more than $25,000. With outstanding student debt nearing $1trillion – and exceeding credit card debt. market place The Power of SUNY SUNY will be a key engine of revitalization for New York State’s economy and enhance the quality of life for the state’s citizens. 12 Six Big Ideas SUNY and the Entrepreneurial Century SUNY and the Seamless Education Pipeline SUNY and a Healthier New York SUNY and an EnergySmart New York SUNY and the World SUNY and the Vibrant Community Fixing the Education Pipeline SUNY and the Seamless Education Pipeline ECHS S-TEN Experiential Education Experiential Education SUNY EXPERIENTIAL EDUCATION SUNY Works • Co-op placements • Internships ----------------• Work study • Clinical placements SUNY Serves • Service Learning • Community Service • Young professional development SUNY Discovers • Research • Entrepreneurship • Field Study Why Co-op/Internships? 1. Career Readiness 2. Increase College Completion 3. College Affordability 3. Career Opportunities & Economic Development Career Readiness Classroom Workplace HARD SKILLS SOFT SKILLS Rule-based Technological/scientific Industrial/Mechanical Tools/techniques Specialized Procedural Replicable Predictable Experience-based People related Attitudinal Behavioral Non-domain specific General Transitional Non-technical Career Ready Improve College Completion: 1. Willingness to take on more difficult tasks increases 2. Improved problem solving: Analytical thinking 3. Improved performance in the classroom 4. Increased commitment to educational goals 5. Increased GPA 6. Absenteeism decreases 7. Disciplined thinking increases 8. MORE STUDENTS GRADUATE A recent U.S. Census Report determined that 71% of the nation's undergraduates were working while attending school….. 20 Career Opportunities/Economic Development • 95% of co-op students find jobs immediately upon graduation • More than 60% of co-op students nationally accept permanent jobs from their co-op employers • • Employers expect to increase internship hiring by almost 7% and Co-op positions by nearly 9% Internships and co-op programs are clearly connected to retention: After one-year on the job, hires drawn from an employer’s own internship or co-op program were retained at a rate of 75.8%. By contrast, 60.7% came on board without any internship/co-op work experience Paid Experiences Do “PAY” Offer Rates for Paid and Unpaid Interns Sector Offer Rate Paid Intern Offer Rate Unpaid Intern Offer Rate No Internship For-Profit 64% 38% * Nonprofit 42% 36.8% * Federal Government 59% 39.5% * State/Local Government 49% 31.9% * Overall 59.9% 37.1% 35.7% Source: 2012 Student Survey, National Association of Colleges and Employers Benefits Business/Industry Students New York State Find Future Employees •A year-round supply of highly motivated and capable students from many different disciplines who can bring novel perspectives, fresh ideas and specialized strengths and skill sets to your organization Test-Drive the Talent t •HR reality – a new employee makes a solid impression in the interview – but just might not gel with your current team or your company’s way of doing things. •Hiring a co-op/inter is the most effective way to evaluate their potential as a fulltime employee •“try out” the talent •Avoid the pitfall of training a new hire –only to find out they are not a good fit for your organization Increase t Productivity •Employers can meet short term needs due to vacation schedules, transfers, promotions, training commitments, peak workloads or special projects by hiring co-op/internship students •The ability to increase effective utilization of permanent employees and opportunity for employee development in the area of co-op student supervision Decrease Costs t •Co-op and intern students are an inexpensive resource. Their salaries are usually lower than staff employees, and you are not obligated to pay unemployment or a severance package should you not hire them on fulltime. •Benefits often account for 25 to 35 percent of personnel costs. Using Co-op/Internship students can significantly lower these costs. •Reduced recruitment and hiring costs-cost effective means of evaluating future employees Increase Employee-Retention Rate t The retention rates of full-time hires who originated from an organization’s own internship/co-op program are markedly greater than the rates of hires without such experience. •After 1 year on the job, internships/co-op program hires were retained at a rate of : •almost 76% • non-internships/co-op hires were retained at a rate of 66% •After 5 years the difference is even more evident•Internships/co-op hires-almost 63% •Non-internships/co-op hires – 48% Give Back to t the Community • Give back to the community – Creating an internship program is an excellent way to give back. Hiring interns not only helps students in your community get started; it enhances the local workforce as a whole – Share in the training and development of our students to help them become productive members of society and potential leaders Employer Contribution Employers provide critically important feedback on the degree to which students master the qualities required for success in the workplace. As such, business leaders contribute to the effectiveness of higher education by helping define the learning outcomes a global society requires Employers provide direct knowledge of changes occurring within given industries and a keen sense of changing skill requirements for current and future employees Benefits to Students Competitive Edge • A well rounded education, enriched by practical application of classroom learning • Financial compensation which help to defray educational costs (paid positions) • Enhanced Resume’ and career portfolio • Competitive edge in the job market • Develop a network of contacts in their chosen field for future opportunities and references • Learn about workplace culture and develop and apply 21st century skills Benefits to Institution Institutional Benefits • Increased retention rates • Increased graduation rates • Increased enrollment as co-op programs attract top quality, superior, highly motivated students • Well-qualified graduates who are prepared to assume a productive role in the society and the workforce • Feedback from employers on the quality and relevance of program curriculum • Classroom learning environments are enhanced by the presence of co-op/intern students who have had relevant work experience • The opportunity for faculty to influence the career path/life of talented young students SUNY Works SUNY Works is a Co-operative Education and Structured Internship Program that includes a solid partnership between students, SUNY colleges and business and industry. Students are engaged in a structured educational program integrating classroom studies with learning through productive work experiences in a field related to the student’s academic career goals. SUNY Works presents a win-win for everyone. Students get hands-on work experience to enrich their academic program, employers have an opportunity to engage young thinkers and doers, evaluating and mentoring them in a safe environment, colleges and universities increase their retention and graduation rates and the state benefits from an enhanced workforce; that will stay in New York State. Funding - Nearly one million dollar start-up grant from Lumina Foundation $500,000 scale-up grant from Carnegie Corporation Research Research Half of the employers surveyed recently by The Chronicle and American Public Media's Marketplace said they had trouble finding recent graduates qualified to fill positions at their company or organization. And they dinged bachelor's-degree holders for: lacking basic workplace proficiencies, like adaptability, communication skills, and the ability to solve complex problems. While fresh hires had the right technical know-how for the job, said most employers in the survey, they grumbled that colleges weren't adequately preparing students in: written and oral communication, decision-making, and analytical and research skills. Research Employers articulate the skill sets that new entrants—recently hired graduates from high school, two-year colleges or technical schools, and four-year colleges—need to succeed in the workplace Among the most important skills cited by employers: • Professionalism/Work Ethic • Oral and Written Communications • Teamwork/Collaboration and • Critical Thinking/Problem Solving SUNY Works Formal Internships •Paid or Unpaid Experiences •Model-Usually a One time Experience •Not Necessarily integrated into academic curriculum College Student Co-op •Paid Experiences •Model-Alternating/Parallel Combination •Progressive learning experiences •Integrated into academic curriculum Learning outcomes Student – Employer evaluations Formal academic recognition Faculty Involvement Related to students program of study Employer involvement Student reflection Employer SUNY Works -Phase 1-Pilot Campuses Cayuga Community College Fashion Institute of Technology Fulton-Montgomery Community College Hudson Valley Community College Monroe Community College Onondaga Community College Schenectady Community College Suffolk Community College Stony Brook University SUNY Works -Phase 2-Pilot Campuses Adirondack Community College Broome Community College Niagara Community College Orange Community College Rockland Community College Buffalo State Oswego U Albany Oneonta Binghamton U-Prep Curriculum Business/Industry Partnerships 42 Pilot Campus Activities 43 Outreach/Marketing t EFFECTS-Students 1. Willingness to take on more difficult tasks increases 2. Improved problem solving: Analytical thinking 3. Improved performance in the classroom 4. Decreased student debt load 5. Increased GPA 6. Absenteeism decreases 7. Disciplined thinking increases 8. MORE STUDENTS GRADUATE 45 EFFECTS-Employers 1. A year-round supply of highly motivated and capable students from many different disciplines to perform specific tasks 2. Reduced recruitment and hiring costs-cost 3. Test drive the talent – extended interview 4. Increase productivity 5. Decrease cost and enhance perspective 6. Increase employee retention rate 7. Input into curriculum development-Employers provide direct knowledge of changing skill requirements 46 EFFECTS-New York State 95% of co-op students nationally find jobs immediately upon graduation; more importantly 60% are hired by their co-op employer Students work and STAY in New York State! 465, 000 Work-Savvy Graduates upon full scale-up! Becoming a Co-op Employer • Decide which areas of the organization would be best served by a SUNY co-op student. • Determine who will select, supervise, mentor, and evaluate the student. • Develop an orientation and training plan for the co-op student. • Contact SUNY at SUNY [email protected] to discuss your needs and provide information necessary for student recruitment. • Or go to the SUNY Career Development Organization website at http://www.sunycdo.org/cdo/employers/ and post a co-op and/or internship. SUNYCDO represents a consortium of SUNY career service professionals throughout New York connecting talented students and alumni with employers. SUNY Works Contact Paula Perna Project Director/SUNY Works Cooperative Education Program Office (518) 320-1274 Email: [email protected] [email protected]
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