Dear Pradeep,
I wish you had provided more information, such as the nature of your industry, the internship program in your company, its duration, and so on.
During the internship program, companies often identify potential and extend job offers. This is common across industries. However, your concern is quite the opposite: even after extending a job offer, will the interns join? The answer to this question depends on the organization's culture as perceived by the interns and the leadership qualities of the manager under whom the interns will work. It is essential for the interns to feel that there are learning opportunities in the company, supported by remuneration that aligns with market standards.
You might have already decided on the departments or sections within a department where the intern will work. However, this is the perception of your company's authority. I recommend giving them a chance to decide on the section or department. If you impose your decision on them, there could be a backlash. Once an agreement is reached, you need to go further and prepare a rough sketch of a career plan for them. The career path should be laid out for the next five years. This clarity will motivate the interns to choose your company.
General comments
The post highlights the changed job market scenario. Now, interns have many options. After completing an internship in company 'X', they are hopeful of securing a job in company 'Y'. This confidence exuded by the interns has reduced the dominance previously leveraged by companies.
Thanks,
Dinesh Divekar