can buy an internship opportunity in the financial industry by spending tens of thousands of yuan. Do you dare to go?
As for the financial internship, which has always had too many monks and few meats and fierce competition, it sounds very attractive. However, during the investigation, China News Service found that some students spent money but never got the job they had agreed to. Some people didn't even enter the company door, and were even blocked after payment. And those students who have been successfully promoted are also at risk of being held accountable.
paid internal recommendations that cost tens of thousands of yuan, who is harvesting the "leeks" behind the scenes?
spent 110,000 yuan internships, and didn't even enter the company's door
In fact, paid internal push is not a new "scam". However, despite being exposed by the media many times, you can still see many claims that you can enter keywords on e-commerce platforms to search. Seller who recommends it. Not only that, some job search institutions and international student service platforms have also packaged paid in-house recommendations and vocational training as job search courses for sale.
Xiaoxia (pseudonym) is a fresh graduate. He shared with China Business Network his experience of purchasing vocational training courses on Wall Street Tequila (hereinafter referred to as WST). The contract shows that WST provides Xiaoxia with two services, one-on-one consultation services for job search information and mentors, involving career planning/personal assessment, interview guidance and mock interviews, with a fee of US$14,000; the second is direct promotion of internship projects, with a cost of US$14,000. The total cost of 3,000 US dollars is approximately RMB 114,580 at the exchange rate at that time, of which the direct promotion project cost is nearly 20,000 yuan.
contract content of the vocational training product purchased by Xiaoxia Source: The respondent provided
Xiaoxia later obtained an internship at a waist-level securities research institute in Shanghai through WST, but the actual situation is very different from the imagination. On the day of joining, Xiao Xia was arranged by the docking person in a small room on the elevator door, similar to the visitor's room. Although the distance was only a few meters, the docking person told him that he was not allowed to enter the company's office area.
"What was arranged every day during that internship was not related to work, and the completed report was not received feedback or publicly published. I did not learn what I wanted." When talking about that experience, Xiao Xia was still impressed. I didn’t see staff outside the docking person, there was no process such as interviewing or signing a contract, “ I just stayed in that small room outside the door with three other interns for a month, and I never really entered their company .” .
Xiaotian (pseudonym) just found his favorite job, but before that, he had struck the "big pit" of paid internal recommendation. Xiaotian originally wanted to buy CFA/FRM training courses from Zhongbo, an educational institution, but after repeated selling by the staff, he finally purchased a training course package worth more than 40,000 yuan, including job search services worth more than 10,000 yuan. When signing the contract, the customer service promised unlimited internal recommendations and at least one guarantee to successfully internal recommendations, and chose to cover almost all financial institutions on the market. But after that, Zhongbo Education did not provide high-quality internship positions as promised.
Xiaotian recalled that every time he communicated, the other party either said, "there were layoffs in formal positions during the epidemic, and there was not much demand for internships" or provided low-quality internships. After an 8-month "tug-of-war", the other party finally provided Xiaotian with an internship in investment banking business of a listed broker in Chengdu office .
"I thought I hoped to come, , but when I went to the interview on the spot, I was told that the intern's job was to print things and send things every day, and I refused that day." Xiaotian again asked the institution to recommend it, but later most of the positions provided were mostly provided. It is also a position that "can take up a job with your current resume without internal recommendation."
or above is not an isolated case. There are many "complains" related to paid introductory recommendations on social media. China News Service contacted a foreign student service platform mentioned by netizens as a student - the universal class monitor. For the internship of a brokerage firm, the other party quoted a field internship range of RMB 33,000 to RMB 38,000; the remote internship is between RMB 10,000 and RMB 30,000, and if you only do it for 2 months, it is RMB 24,800. Another job search institution, Aisi, is similar to this. If you recommend an internship at a securities research institute, it will be between 15,000 and 30,000 yuan.
Industry insiders have exposed the routine of vocational training institutions
In addition to the internal price of tens of thousands of yuan, many interviewees also said that not only the recommended internships are "unreliable", but the vocational training courses tied together are also mixed with moisture. .
Xiaoya (pseudonym) has worked part-time at OF Consulting for a period of time in study abroad service agency. She revealed to China News Service that the organization's routine: it usually drives traffic by sharing internship information and holding lectures, and uses speech to create Anxiety, then packaged vocational training courses and internship recommendations for 4,000 to 5,000 pounds. is called background improvement, but in fact, vocational courses are very watery. As for the professional tutors promoted on the poster, they have never seen them in the office. .
"In addition, I only have three people in total, but sales usually only go to the office when the customer signs offline, and they are not here usually." Xiaoya once tried to make some development suggestions to the leader, but the other party ignored it and told her to fill in the report Application, resume modification, tutoring and interviewing can be done on different WeChat.
Xiaoya also mentioned that the institution claims to have the original questions and answer resources for online testing, but it is actually a false account to apply for test questions in the target company, or to buy them on a second-hand platform for more than 100 pounds and then re-sale for two or three hundred pounds.
Xiao Xia also gradually realized the scam behind it. "Their vocational training courses have indeed helped me quickly understand the industry in my freshman year, but I later found that more than 90% of the information in their resource library can be found in the job search forum and Baidu , Google or Zhihu searched, they just helped you with an integration work . "
I thought I would never see the WST world since then, but later the other staff learned on WeChat Moments that Xiao Xia would go to an intern in a private equity institution. So he asked him to pay his salary and be an industry mentor. Xiaoxia felt that she had low qualifications and refused because she was not qualified. However, made him wonder whether most of the industry tutors in the training class were packaged, and he might just be seniors with rich in internship experience.
Part of the fees flowed to the pockets of insiders of the internship unit
It is worth noting that the high fees charged from students are not all owned by the intermediary agency, and some of them flowed into the pockets of internal staff of the internship unit. This is already on this chain of interests Tacit facts.
HR Jin Jing (pseudonym) of a Shanghai investment bank has received such an email seeking internal recommendation cooperation, "If students are successfully arranged to join the school, they can give 6,000 yuan of recommendation fee per person/time. In addition, there are a large number of online channels. In practical training, job tutoring needs can cooperate, and it is expected to increase annual income by 40000 to 500000. "
Jin actually received a cooperation email from an intermediary agency Source: Photo provided by the interviewee
Jin actually admitted that internal recommendations are correct For a company, it is a relatively reliable recruitment method. If the institution actively conveys its resume to the company, it is a relatively common and relatively normal process for HR to screen and judge on behalf of the employer. However, as long as the company does not borrow the company's name to promote, it is rarely discussed whether the institution will use this form to charge students.
Jin also mentioned that paid internal referrals are mostly interns, and from the perspective of the company, there is no need to spend more money on back-tuning, and back-tuning is mostly based on form. If takes advantage of loopholes in the "internal response and external response" style and impersonates paid internal referrals as general internal referrals, it is difficult for companies to identify them.
When China News Service consulted whether it was possible to issue an internship certificate, Aisiyi contact person said that it was not possible to remotely do so, but on-site internship is OK. "on-site internship charges are internally recommended, and admission is guaranteed. It must be a cooperation with individuals. The personal executives have collected money to help. We'll get this done."
Under "collusion between inside and outside", paid students become lambs to be slaughtered. But behind this high return is risks, and it is even suspected of being illegal.
Lawyer and well-known law blogger Lei Jiamao told China News Service that you do not need to go through the normal assessment procedures or go through the assessment process in form to join the company. In fact, it is just "going through the back door". If an internal company personnel use their position to "collude internally and externally" with an intermediary agency to collect property from the job seeker and handle the job seeker's entry procedures in violation of regulations, they may be suspected of bribery crime. If an internal company employee colludes with an intermediary company to collect property from the job seeker for the purpose of illegal possession and promises to handle employment for the job seeker, but fails to perform the work afterwards, it may be suspected of fraud.
Lei Jiamao also mentioned that for intermediary institutions, if the actual services provided do not match the agreement, it constitutes a breach of contract, and students can ask the intermediary to pay a penalty, refund, etc. If it is clearly a private act of "internal and external collusion" and the contract itself is invalid, it can be claimed to return all of them.
At the same time, students who purchase internships are also at risk of being held accountable. Many securities firms have publicly stated that if any applicant is found to have a transaction with such institutions or individuals in the back-up to a transaction similar to the "guarantee recommendation" agreement or so-called "exam materials" and other documents, their application qualification will be cancelled depending on the circumstances. Cancel the employment notice and other measures, and hold relevant personnel accountable in accordance with the law.
China News Service asked Aisiyi to verify whether the paid intra-promotion affects the subsequent job search. Although the other party bluntly supported the retort, it also said that "remote internships are all small black workers, and they do not leave personnel. It is not recommended to apply for internship certificates. Don’t use it to apply for this company, as it may affect internal employees’ self-inspection. “Just say you are a senior brother and sister who recommends it in the job interview.”
Chat history of China News Service and Aisi-enabled persons,
Is the intermediary clear about the above legal risks? What are the charges for internal internships? How to guarantee the rights and interests of students? China News Service sent interview requests to the aforementioned institutions on these issues on telephone and email. However, the two institutions, Aisiyi and Universal Team Leader, refused to accept media interviews, and WST and Zhongbo Education, did not respond as of press time. OFF Consulting is registered in the UK, and the official website announcement phone number is incorrect. China News Service contacted customer service through WeChat, but the other party immediately blocked it when it mentioned the company's ownership. At present, its official WeChat official account still retains the words "job search training" and other words .
prevents bad money from driving out good money
Former brokerage practitioner Wang Dali often exposes paid introductory recommendations on self-media. He told China News Service that although these paid introductory recommendation institutions have "changed their skins", is still essentially a use of students The anxiety about job hunting is just that the form has become more concealed and easier to accept.
"In recent years, there are more and more job-seeking institutions. Without taking the initiative to contact, information will be overwhelming. Sometimes they hold lectures at school, and this kind of endorsement makes many students believe in it." Xiao Xia said.
Jin Jing mentioned that on the one hand, it is because students have relatively limited channels for obtaining internship information from their own channels, and it is difficult for the outside world to provide professional and comprehensive support, which gives paid support opportunities. At the same time, the industry is insufficient and it is difficult to see effective punishment. "At present, it still relies on professional ethics to oppose internal referrals. We look forward to the future laws and regulations to make clearer and more detailed judgments and punishments."
China News Service noticed On May 13 this year, the General Office of the State Council issued the "Notice on Further Improving Employment and Entrepreneurship for College Graduates and Other Youths", which mentioned that we must "resolutely prevent and correct employment discrimination such as gender, age, education, etc., and crack down on black people in accordance with the law." ', false recruitment, resume sales and other illegal activities, and resolutely punish illegal activities such as paid internships, abuse of probation periods, and defaulting on wages during the probation periods."
"If you do not manage it in time and do not resist such immoral behavior, an industry based on professional ability, professional qualities, struggle, etc. will become an industry that opens the way for money, and will also harm those who get opportunities from formal channels. People, erode employment fairness." said Wang Dali.
Jin Jingze pointed out that pre-service training and some companies that mainly operate such businesses should not be "killed with one blow". "We should admit that these institutions or individuals have actually conveyed some real and useful information to the audience. In terms of so-called business logic, it is actually a kind of 'payment of knowledge'.However, a red line should be established for this type of business and some rules should be formulated to develop in the right direction and truly serve to promote students' employment. ” (For more clues about reporting, please contact the author of this article Ma Jing: email: [email protected])
