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Many companies will recommend a short-term or corporate housing provider to their interns in this scenario. However, because these accommodations are fully furnished, the average cost of rent is usually much higher. Thus, the domino effect of costs begins.
One way to make the cost of housing more affordable is intern roommate matching. Not only does this make things cheaper, it can also help with social adjustment to the new city and job. While this is one way to keep rent down, UrbanBound recommends that companies help out with the housing costs, if not fully-subsidizing intern housing altogether.
3. Remember—Interns Relocate Twice!
Interns not only have to move to the new city, but they need to move home again afterward. So you have to consider how you're going to get them to their new city, as well as how you're going to get them home. This is why having vendors that support your intern needs is crucial. Ensure that your organization has access to a partner that will allow your interns to book their transportation easily and at an affordable rate.
Additionally, because interns must move to and from a location, shipping their goods isn't very cost effective. It's usually smarter to set them up with intern housing—that is, a place to live that's already fully furnished with all the things they'll need (furniture, internet, bedding, towels, etc.) While this sounds like it would be more expensive, shipping goods can end up being very costly, especially when you consider the cost of shipping those items twice.
How Intern Relocation Technology Can Help
Relocation technology can play a huge role in helping relocate your interns for the summer. UrbanBound’s intern relocation software helps you communicate all important information from one central place. On the intern dashboard, interns can find roommate contact information, company documents, city education and moving resources. Plus, UrbanBound can help you find and secure intern housing with our vetted supplier network, so it’s one less thing to worry about! Learn more about UrbanBound’s intern relocation software.