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        <title><![CDATA[Stories by Sita Devi on Medium]]></title>
        <description><![CDATA[Stories by Sita Devi on Medium]]></description>
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            <title><![CDATA[The role of artificial intelligence in speeding up the drug discovery and minimizing fatality]]></title>
            <link>https://medium.com/@vemulapalli.sita/the-role-of-artificial-intelligence-in-speeding-up-the-drug-discovery-and-minimizing-fatality-4fa3b24e984a?source=rss-53a0d14de514------2</link>
            <guid isPermaLink="false">https://medium.com/p/4fa3b24e984a</guid>
            <dc:creator><![CDATA[Sita Devi]]></dc:creator>
            <pubDate>Mon, 06 Apr 2020 14:15:29 GMT</pubDate>
            <atom:updated>2020-04-06T14:15:29.999Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/290/1*kdDjSo2GkitycVJC7UWBVg.jpeg" /></figure><p>Artificial Intelligence isn’t just ready to caution us of an approaching epidemic, however it can enable us to recognize, create, and scale new medications and antibodies quicker than at any other time. The way to building up an antibody is to have the option to quickly and productively reproduce the virus’s genome grouping and manufacture a duplicate of the virus.</p><p>In only one month, researchers in China reproduced the genome succession of the virus. To look at how exceptional that is, it took researchers a while to reproduce the genome grouping of the SAR’s virus in 2003. Not just that, specialists in Australia made a lab-developed duplicate of the virus from a tainted patient.</p><p>Having a precise genome succession and a definite reproduction of the virus duplicate, we can then rapidly create and approve indicative tests for the virus. We presently have one antibody competitor entering clinical preliminaries inside a quarter of a year.</p><p>Besides, Longevity Vision Fund, established by life span financial specialist and visionary Sergey Young, one of only a handful hardly any worldwide life augmentation centered assets, alongside a multitude of biotech organizations and business people, are at the front line to work together and quick track the advancement of treatment.</p><p>For instance, one of Longevity Vision Fund’s portfolio organization Insilico Medicine had the option to utilize its Artificial Intelligence. framework to effectively distinguish a great many atoms for potential treatment in only four days. Insilico Medicine at that point started an open strategy, and distributed the refreshed discoveries on its site so all scientists could download the information for nothing, eventually adding to the worldwide exertion to battle the plague. Envision what we can do with that sort of speed, versatility, and free cooperation!</p><p>Finally, Artificial Intelligence can help deal with the flare-up and limit fatalities by diminishing the weight on the medicinal services experts and reminding patients on appropriate consideration systems.</p><p>Doctors, medical caretakers, and clinic staff are at high danger of Covid-19 presentation and constriction. Until this point in time, a huge number of emergency clinic staff in China have been tainted with the virus. A.I. can help reduce that trouble. For instance, China is utilizing robots to give quicker symptomatic checks, and Hangzhou city ambulances are helped by A.I. to speed through traffic.</p><p>Artificial Intelligence can likewise help us to remember what we ought to do on the off chance that we have gotten the virus. China propelled an application that assists individuals with checking in the event that they have taken a flight or train with an affirmed corona virus understanding. Simultaneously, China is utilizing automatons to guarantee inhabitants are playing it safe.</p><p>In spite of the fact that Covid-19’s quick spread all around is terrifying, it gives us a beam of expectation knowing the amazing, limit breaking, cross-joint effort of our medicinal services pioneers, lawmakers, and local officials.</p><blockquote>“We should set the effort to pay tribute and gratefulness to the cutting edge medicinal services laborers, to the researchers sharing and teaming up diversely and to the community workers working diligently alleviating the pestilence way. In this way, here’s to each one of those battling the sickness, and to our definitive vanquishing of the Covid-19.”</blockquote><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=4fa3b24e984a" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[How to run a Principal Component Analysis(PCA) with XLSTAT??]]></title>
            <link>https://medium.com/@vemulapalli.sita/how-to-run-a-principal-component-analysis-pca-with-xlstat-968daacfcb0c?source=rss-53a0d14de514------2</link>
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            <category><![CDATA[xlstat]]></category>
            <category><![CDATA[apc]]></category>
            <dc:creator><![CDATA[Sita Devi]]></dc:creator>
            <pubDate>Tue, 31 Mar 2020 17:16:59 GMT</pubDate>
            <atom:updated>2020-03-31T17:16:59.541Z</atom:updated>
            <content:encoded><![CDATA[<p>This article is divided into three segments, the first segment deals with the role of Principal Component Analysis in Excel, the second deals with what is meant by PCA and the third segment deals with how to run a Principal Component Analysis with XLSTAT using an example</p><p>Principle Component Analysis in Excel</p><p>Principal Component Analysis (PCA) is a ground-breaking and mainstream multivariate examination technique that lets you explore multidimensional data sets with quantitative factors. It is broadly utilized in bio statistics, sociology,marketing, numerous different fields. XLSTAT gives a total and adaptable PCA highlight to investigate your information legitimately in Excel. XLSTAT proposes a few standard and propelled choices that will let you increase a profound knowledge into your information. You can run your PCA on crude information or on uniqueness lattices, include valuable factors or perceptions, sift through factors or perceptions as per various criteria to advance PCA map intelligibility. Likewise, you can perform turns, for example, VARIMAX.</p><p>What is Principal Component Analysis</p><p><strong>Principal Component Analysis</strong> is a very helpful strategy to dissect numerical information organized in a M perceptions/N factors table. It permits to:</p><ul><li>Rapidly imagine and examine relationships between’s the N factors</li><li>Visualize and break down the M perceptions (at first depicted by the N factors) on a low dimensional guide, the ideal view for a changeability model</li><li>Build a lot of P uncorrelated elements</li></ul><p>The restrictions of Principal Component Analysis come from the way that it is a projection technique, and once in a while the perception can prompt to incorrect understandings. There are anyway a few practices to maintain a strategic distance from these traps.</p><p>It is likewise critical to take note of that PCA is an exploratory factual apparatus and doesn’t by and large permit to test theories. The upside of this angle is that PCA’s might be run a few times with perceptions or factors being expelled or included at each run, as long as those controls are supported in the understandings.</p><p>How to run a Principal Component Analysis with XLSTAT</p><p>You can find the data set here <a href="https://drive.google.com/open?id=1r7fiULDAHaqzwdZYTY53nmS_fJADDcRI">https://drive.google.com/open?id=1r7fiULDAHaqzwdZYTY53nmS_fJADDcRI</a></p><p><strong>Choosing the data</strong></p><p>After activating the XLSTAT, select the XLSTAT/Start XLSTAT/Analyzing data/Principal Component Analysis command</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/298/1*_3bhAduKbeWZaGCzeFk8og.png" /></figure><p>The Principal Component Analysis dialog box will show up.Select the data on the Excel sheet.Right now, information start from the primary line, so it is snappier and simpler to utilize sections choice. This clarifies why the letters relating to the sections are shown in the choice boxes.The Data group picked is Observations/factors on account of the configuration of the information.</p><p><strong>What type to pick-Pearson or covariance</strong></p><p>The PCA type that will be utilized during the calculations is the Correlation lattice, which compares to the Pearson connection coefficient. Covariance grids assign more weight to factors with higher changes. Spearman’s connections might be increasingly suitable when running the PCA on factors with various conveyances.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/458/1*SQwR1PDwbHvCwwsXLH16wQ.png" /></figure><p><strong>Configuring outputs and charts</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/458/1*F8mmsC0wZgaAGJU1YnAPyg.png" /></figure><p>In the Charts tab, so as to show the names on all outlines, and to show all the (perceptions graphs and biplots), the separating alternative is unchecked. In the event that there is a great deal of information, showing the names may hinder the worldwide presentation of the outcomes. Showing all the perceptions may make the outcomes indistinguishable. In these cases, separating the perceptions to show is prescribed.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/460/1*cWAoeeKljChTIfsM4gT00w.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/462/1*Vfs5fAmpumRUEKghbG-UMQ.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/460/1*u5J3kkBWuPN1OIipCyruWQ.png" /></figure><p><strong>Launching the computations</strong></p><p>The calculations start once you have tapped on OK. You are solicited to affirm the number from lines and segments.</p><p>Note: This message can be skirted by un-choosing the “Request choices affirmation” in the XLSTAT alternatives board.</p><p>At that point you ought to affirm the tomahawks for which you need to show plots. Right now, level of inconstancy spoke to by the initial two elements can’t high (67.72%); to stay away from a distortion of the outcomes, we have chosen to supplement the outcomes with a subsequent diagram on tomahawks 1 and 3.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/320/1*GuDUvszt__VMiHdSndG07w.png" /></figure><p><strong>How to interpret a PCA correlation matrix</strong></p><p>The primary outcome to take a gander at is the relationship lattice. We can see immediately that the paces of individuals beneath or more 65 are contrarily associated (r =-1). Both of the two factors could have been expelled without impact on the nature of the outcomes. We can likewise observe that the Net Domestic Migration has low connection with different factors, including the Net International movement. This implies U.S. nationals and non-nationals might be moving to a state for various arrangements of reasons.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/589/1*MhMXHyQvLuEbYZtlBZRmRg.png" /></figure><p><strong>How to interpret Eigenvalues in Principal Component Analysis</strong></p><p>The following table and the comparing diagram are identified with a numerical article, the eigenvalues, which mirror the nature of the projection from the N-dimensional introductory table (N=7 right now) a lower number of measurements. Right now, can see that the primary eigenvalue rises to 3.567 and speaks to 51% of the all out fluctuation. This implies in the event that we speak to the information on just a single pivot, we will at present have the option to see % of the complete fluctuation of the information.</p><p>Every eigenvalue compares to a factor, and each factor to a one measurement. A factor is a straight mix of the underlying factors, and all the variables are un-associated (r=0). The eigenvalues and the relating factors are arranged by sliding request of the amount of the underlying fluctuation they speak to (changed over to %).</p><p><strong>Broadly speaking, factor = PCA dimension = PCA axis</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/493/1*MpiR7YAWbwXwbVcknpn65Q.png" /></figure><p>Preferably, the initial a few eigenvalues will compare to a high % of the change, guaranteeing us that the maps dependent on the initial a few components are a decent quality projection of the underlying multi-dimensional table. Right now, initial two variables permit us to speak to 67.72% of the underlying inconstancy of the information. This is a decent outcome, yet we’ll must be cautious when we decipher the maps as some data may be covered up in the following variables. We can see here that despite the fact that we at first had 7 factors, the quantity of elements is 6. This is because of the two age factors, which are contrarily associated (- 1). The quantity of “helpful” measurements has been consequently distinguished.</p><p><strong>How to interpret results related to variables in PCA</strong></p><p>The primary guide is known as the relationship hover (underneath on tomahawks F1 and F2). It shows a projection of the underlying factors in the components space. At the point when two factors are a long way from the middle, at that point, in the event that they are: Close to one another, they are altogether decidedly connected (r near 1); If they are symmetrical, they are not corresponded (r near 0); If they are on the contrary side of the inside, at that point they are fundamentally contrarily associated (r near — 1).</p><p>At the point when the factors are near the middle, some data is carried on different tomahawks, and that any translation may be unsafe. For instance, we may be enticed to decipher a connection between’s the factors Net Domestic movement and Net International Migration in spite of the fact that, truth be told, there is none. This can be affirmed either by taking a gander at the connection lattice or by taking a gander at the relationship hover on tomahawks F1 and F3.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/326/1*Q3cfYFF-COeUnZQ_x00BJQ.png" /></figure><p>The connection circle is helpful in deciphering the importance of the tomahawks. Right now, level hub is connected with age and populace reestablishment, and the vertical pivot with household movement. These patterns will be useful in deciphering the following guide. To affirm that a variable is very much connected with a hub, investigate the squared cosines table: the more noteworthy the squared cosine, the more prominent the connection with the relating pivot. The closer the squared cosine of a given variable is to zero, the more cautious you must be when deciphering the outcomes as far as patterns on the comparing pivot. Seeing this table we can see that the patterns for worldwide relocation would be best seen on a F2/F3 map.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/331/1*tqQXJhAHR3ucAnDUQeY7ng.png" /></figure><p><strong>How to interpret results related to observations in PCA</strong></p><p>The following graph can be a definitive objective of the Principal Component Analysis (PCA). It empowers you to take a gander at the perceptions on a two-dimensional guide, and to distinguish patterns. We can see that the socioeconomics of Nevada and Florida are interesting, just like the socioeconomics of Utah and Alaska, two expresses that share basic attributes. Returning to the table, we can affirm that Utah and Alaska have a low populace pace of individuals over age 65. Utah has the most elevated birth rate in the U.S., and Alaska positions high too.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/643/1*0SSVXdmRtsXfdmxdrzhfRQ.png" /></figure><p>It is additionally conceivable to show biplots, which are synchronous portrayals of factors and perceptions in the PCA space.Click to see a 3Dvisualization on the initial three tomahawks created by XLSTAT-3DPlot.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=968daacfcb0c" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[The intervention of data-driven decisions in the outbreak of COVID-19]]></title>
            <link>https://medium.com/@vemulapalli.sita/the-intervention-of-data-driven-decisions-in-the-outbreak-of-covid-19-f05e268fe938?source=rss-53a0d14de514------2</link>
            <guid isPermaLink="false">https://medium.com/p/f05e268fe938</guid>
            <category><![CDATA[infectious-disease]]></category>
            <category><![CDATA[health]]></category>
            <category><![CDATA[artificial-intelligence]]></category>
            <category><![CDATA[covid19]]></category>
            <category><![CDATA[technology]]></category>
            <dc:creator><![CDATA[Sita Devi]]></dc:creator>
            <pubDate>Tue, 24 Mar 2020 11:59:42 GMT</pubDate>
            <atom:updated>2020-03-24T11:59:42.238Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*Kh8zbaIsCXsuTU8h" /><figcaption>Photo by <a href="https://unsplash.com/@martinsanchez?utm_source=medium&amp;utm_medium=referral">Martin Sanchez</a> on <a href="https://unsplash.com/?utm_source=medium&amp;utm_medium=referral">Unsplash</a></figcaption></figure><p>As of March 24, 2020, 471 positive cases of COVID-19 have been reported to the Ministry of Health and Family Welfare in India.While governments over the globe are working in a joint effort with the local specialists and primary health care services to trace, react to and forestall the outbreak of the pandemic ailment brought by the corona virus, health specialists are turning towards cutting edge investigation,analytics and artificial intelligence to expand current endeavors to forestall further contamination.</p><p>Data and investigation results have end up being valuable in wrestling with the pandemic of corona virus.The Indian Government has access to abundant data relating to health of the mankind and their domestic and international migration-which can all be valuable in tracking and anticipating the disease trajectory.Artificial Intelligence’s capacity to consider a lot of data and offer various insights can give on to in-depth knowledge about the disease and empower Indian Government authorities to land on better choices all through the whole development of the outbreak.</p><p>Government Authorities can leverage Artificial Intelligence in four different ways that is Prediction,Detection,Acknowledgment and Recovery to constrain the spread of COVID-19</p><p><strong>Prediction</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*iSmbiY_ST0c_8C1j" /><figcaption>Photo by <a href="https://unsplash.com/@cdc?utm_source=medium&amp;utm_medium=referral">CDC</a> on <a href="https://unsplash.com/?utm_source=medium&amp;utm_medium=referral">Unsplash</a></figcaption></figure><p>As the worldwide human population develops and keeps on interacting with animals, different opportunities open up doors to infections that begin like COVID-19 and could make the hop from to people and spread.Researchers count on roughly 800,000 obscure creature infections that could contaminate people. Presently analysts are turning towards Artificial Intelligence to help anticipate the hotspots where new diseases could rise. The innovation can coordinate information about known infections, creature population, human socioeconomic and social practices over the world to anticipate flare-ups. Government and public health authorities can utilize this information to be proactive and find a way to forestall these sorts of outbreaks — or at least, make a superior showing planning for them.</p><p><strong>Detection</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*6Pk7Wuj3VSOzTgHJ" /><figcaption>Photo by <a href="https://unsplash.com/@anniespratt?utm_source=medium&amp;utm_medium=referral">Annie Spratt</a> on <a href="https://unsplash.com/?utm_source=medium&amp;utm_medium=referral">Unsplash</a></figcaption></figure><p>At the point when beforehand obscure infections make the bounce to people, time turns into a valuable asset. The snappier a disease is identified, the sooner move can be made to stop the spread and viably treat the tainted population. Artificial intelligence can help here too.</p><p><strong>Acknowledgement</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*UuT_1v0cEf_PmYWJ" /><figcaption>Photo by <a href="https://unsplash.com/@geraltyichen?utm_source=medium&amp;utm_medium=referral">烧不酥在上海 老的</a> on <a href="https://unsplash.com/?utm_source=medium&amp;utm_medium=referral">Unsplash</a></figcaption></figure><p>After recognizing a disease, settling on educated choices in an timely way is basic to restricting the effect. Artificial intelligence can coordinate travel, population and sickness information to anticipate where and how rapidly disease may spread.In expansion to utilizing AI to foresee disease spread, it can improve the utilization of current treatment and quicken the time it takes to develop new medicines.</p><p><strong>Recovery</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/215/1*5yj_hrOUrWDtLOx2vs2s3A.png" /><figcaption>Death Rate varies by age, health and sex</figcaption></figure><p>When an outbreak is contained or has finished, governments and worldwide health associations must settle on choices about how to forestall or constrain flare-ups later on. Artificial Intelligence can be utilized here too by reenacting various results to test and approve arrangements, general well-being activities and reaction plans.</p><p>To put it plainly, AI grants arrangement producers and medical pioneers to direct a large group of “imagine a scenario in which” investigations that will empower them to settle on information driven choices that have an improved probability of being compelling.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=f05e268fe938" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[How Your Interns Can Prove To Be Your Best Investment]]></title>
            <link>https://medium.com/@vemulapalli.sita/how-interns-can-prove-to-be-your-best-investment-d21599109de5?source=rss-53a0d14de514------2</link>
            <guid isPermaLink="false">https://medium.com/p/d21599109de5</guid>
            <category><![CDATA[entrepreneur]]></category>
            <category><![CDATA[hiring]]></category>
            <category><![CDATA[business-advice]]></category>
            <category><![CDATA[internships]]></category>
            <category><![CDATA[business]]></category>
            <dc:creator><![CDATA[Sita Devi]]></dc:creator>
            <pubDate>Thu, 04 Jan 2018 18:15:17 GMT</pubDate>
            <atom:updated>2018-01-05T08:24:17.696Z</atom:updated>
            <content:encoded><![CDATA[<p>Much more than just finding a pair of hands to get you coffee! Interns are revolutionizing the way we are hiring in the industry. Here’s how it is indeed a deal saver for a business.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/620/1*Q_Z6j_KmsbqqFRVRE1fdBw.jpeg" /></figure><p>Last year, <a href="https://docs.google.com/viewer?a=v&amp;q=cache:lf-OENzHjjEJ:www.naceweb.org/Research/Intern_Co-op/2012_Internship_and_Co-op_Survey__Executive_Summary.aspx+&amp;hl=en&amp;gl=us&amp;pid=bl&amp;srcid=ADGEESiSzaIj40ptrtvOXEO9fnDoJiqN4B7xSluy4ZYtldRoPLFFbzJBua8lI6voU4Se8M9RS5TNPzBjwcIwytC0AdVPGoS-E4krskpfjvA_AFKHUbIuOeD4lMIo-OeBpXiHfqFpgcC0&amp;sig=AHIEtbRpesYdlFP7IXMkdkqq8OXO6CfVZA">nearly 60% of interns</a> were converted into full-time hires by companies. After all, these interns learned the ropes through their experience.</p><p>Hiring interns for your company means more than just finding a pair of hands to get you coffee or feet to run your clothes to the dry cleaner. Interns can be the future of your company, so it makes sense to hire the smartest and most capable workers.</p><p>Consider these internship statistics from <strong>the National Association of Colleges and Employers’ (NACE) 2017 Experiential Education Survey:</strong></p><p><strong>· 67.7% of 2016–17 interns were offered fulltime positions.</strong></p><p><strong>· 83.6% of these offers were accepted.</strong></p><p><strong>· 35.3% of employers’ full time, entry-level college hires came from their internship programs.</strong></p><blockquote>If we look at internships from a solution-based perspective, it’s good news as well. Because, essentially, <strong>as a small- to medium-sized business, your primary needs are twofold:</strong></blockquote><blockquote>a. Effectively <strong>manage your workflow</strong> to accomplish immediate objectives.</blockquote><blockquote>b. <strong>Find new team members</strong> to help grow your business and accomplish your future (i.e. larger, more lucrative) objectives.</blockquote><p><strong>Setting up an internship program meets both needs simultaneously. But let’s examine the specific <em>benefits</em> in more detail.</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*dhVsK_e4tSNrDRmAmu7PJQ.jpeg" /></figure><h3>1. Bank For Your Future Employees</h3><p>An internship program is a year-round recruiting tool. Right from Fall internships to <a href="http://www.internships.com/summer"><strong>summer internships</strong></a>, semester internships, and quarterly internships, implementing an internship program means you have an ongoing pipeline of future full time employees.</p><p>For many, the process of recruiting and hiring is a drain on company resources. One solution: Appeal to tomorrow’s staff members when they’re looking for internships, and all you have to do is choose the best of the bunch when it comes time to hire. Moreover, college campuses are viral societies. This means if your organization impresses one class of interns, word will quickly spread. Soon you’ll find the most sought-after student talent is interested in working with you.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*3-oqjSUKwiYlHI7SVby3xQ.jpeg" /></figure><h3>2. Tried and Tested Resources</h3><p>It’s a human resources reality: A new employee makes a solid impression in the interview, but then just doesn’t gel with your current team or your company’s way of doing things.</p><p>Because of this, hiring someone as an intern is the most effective way to evaluate their potential as a fulltime employee. When you “try out” candidates via an internship, you make fewer mistakes when it comes to fulltime staffing; you avoid the pitfall of training a new hire, only to find out they’re not a fit for your organization. Starting an internship program lets you benefit from added manpower, while more accurately assessing candidates.</p><h3><strong>3. Increased productivity within the Team</strong></h3><p>Speaking of additional manpower, setting up an internship program allows you to take advantage of short-term support. The extra sets of hands help your employees be more productive, prevent them from becoming overburdened by side projects, as well as free them up to accomplish more creative tasks or those where higher-level, strategic thinking or expertise is required.</p><p><a href="https://blog.myhq.in/business-bloggers-indian-4247edbdb39f">10 Indian Business Bloggers You Need To Follow in 2018</a></p><h3>4. <strong>Increase employee-retention rate.</strong></h3><p>The proof for the test-driving theory is in the positive employee-retention figures: According to NACE’s 2009 Experiential Education Survey, almost 40% of employers reported a higher five-year retention rate among employees they’d hired via their internship programs.</p><h3>5. <strong>Enhanced perspective</strong></h3><p>It’s not just the extra sets of hands that make interns advantageous. Especially in an organization of only 12 or 15 employees, new people bring with them novel perspectives, fresh ideas, and specialized strengths and skill sets. These augment the abilities of your professional workforce.</p><h3>6. Low Cost, High Motivation</h3><p>Interns are an inexpensive resource. Their salaries are significantly lower than staff employees, <em>and</em> you aren’t obligated to pay unemployment or a severance package should you not hire them on fulltime. Moreover, while their wage requirements are modest, they’re among the most highly motivated members of the workforce.</p><p>In fact, even hiring them cost you next to nothing. Portals like Internships.com allows you to post your employer profile completely free of charge. This means you get extensive exposure to the top colleges and candidates without putting a dent in your recruiting budget.</p><h3>7. Helping Your community</h3><p>As a small business, you likely rely on community support. 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.</p><p>Internships provide students numerous perks: They gain experience, develop skills, make connections, strengthen their resumes, learn about a field, and assess their interest and abilities.</p><p>Offering a <a href="http://www.internships.com/paid"><strong>paid internship</strong></a> is particularly beneficial, because it enables economically disadvantaged youth to participate. Students who have to help fund their own schooling will need a job, regardless. Providing an internship allows that job to facilitate a positive future.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/819/1*X2o8SSXvKVz_VMCKywLO-w.png" /></figure><h3>10. <strong>Benefit your small business.</strong></h3><p>When looking for fulltime work, the top talent often goes for big-name businesses. But when seeking internships, <em>learning</em> is the leading draw. Many candidates feel they’ll get more hands-on training, real experience, and mentoring opportunities with smaller organizations. This draws creme de la creme to choose startups for their internship.</p><p><strong>Employer takeaway:</strong> In terms of both today’s workload and tomorrow’s workforce, starting an internship program is an excellent way to facilitate success at your small- or medium-sized business.</p><p><strong>An intern should be seen as just another smart person that a full-time can bounce ideas off of. Learning is a continuous process, so who better to bring into your company than people with that early academic background?</strong></p><h4>✔ <a href="https://mailchi.mp/8133d3221292/myhq-digest-signup">Follow our newsletter</a> to get more content like this in your inbox.</h4><h4>✔ Let us know in the comment section what do you have to say about this. We’d love to read your suggestions!</h4><h4>✔ And of course, SHARE, CLAP! :)</h4><figure><a href="https://myhq.in/coworking/work-cafe.html?ad-campaign=blog"><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*nf5L8wV9YJ7a40dGwD2CBA.jpeg" /></a></figure><h4>Follow us on <a href="https://www.instagram.com/myhq_workspaces/">Instagram,</a> <a href="https://www.facebook.com/myhqspace/">Facebook,</a> <a href="https://twitter.com/myHQSpace">Twitter,</a> <a href="https://www.linkedin.com/company/13216995/">Linkedin</a>.</h4><h4>Read More:</h4><ul><li><a href="https://blog.myhq.in/12-podcasts-that-every-indian-entrepreneur-should-listen-to-2ffb2b66ba48">12 Podcasts That Every Indian Entrepreneur Should Listen To</a></li><li><a href="https://blog.myhq.in/12-steps-to-build-an-effective-e-mail-list-1e4ad0045e3e">12 Steps To Build An Effective E-mail List</a></li></ul><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d21599109de5" width="1" height="1" alt="">]]></content:encoded>
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