In 2011, Medtronic knew it could economize by identifying unused IT equipment. But scouring equipment inventory spreadsheets, making comparisons, and checking on usage -- all tasks required for such a review -- is arduous and time-consuming. Enter Kachia, a high school senior. With enthusiasm for this entr'e into the professional world, she attacked these tasks during her afternoon internship at Medtronic. As a result of Kachia's work in identifying decommissioned units and redundant entries, Medtronic saved substantially on its maintenance contract -- to the tune of $342,370.
This is just one example of the concrete benefits that young adults can bring to companies. Indeed, savvy business leaders are realizing revenue increases, cash savings, and tangible workforce improvements by tapping into the potential of 16- to 24-year-old workers. These companies span a range of industries communications, manufacturing, retail, health care, government, and financial services -- and vary in size from small local firms to global powerhouses. Their leaders report that investments in young adult workers pay off by addressing critical business problems.