The section below outlines the costs associated with a Tauber team project, including administrative fees, project expenses, and student support.
Tauber team projects can uncover millions of dollars of savings, as well as improvements in areas such as CO2 emissions, energy consumption, throughput time, and supply chain risk. Sponsoring companies receive a significant return on their investment in a Tauber team project.
Sponsor Fee - The sponsor fee covers the cost of project administration, faculty involvement, and team leadership training.
Project Expenses - The sponsoring firm pays for student expenses associated with the initial project team meeting (e.g., travel and lodging). This meeting is conducted with students on-site, usually during March or April.
For project sites outside of southeast Michigan, it is generally expected that student relocation expenses are the responsibility of the sponsoring firm. Housing allowances are permitted and recommended, especially in areas with high living costs. The provision of a vehicle during the summer is also permissible. These additional forms of compensation can be bundled in with salaries and must be presented to students in the January presentations.
Student Salaries - The sponsoring firm hires Tauber students as summer employees.
If your organization regularly pays summer interns at a level higher than the rates shared with you, please contact the Tauber Institute before the January presentations to discuss whether Tauber can accept these higher compensation levels.
The Tauber Institute does not permit a sponsor to offer a "signing bonus" to incentivize students to select its project. (Signing bonuses related to permanent job offers made at the end of the internship are permitted and not within the purview of Tauber's internship compensation policies.)
Please contact the Team Project Manager, Charmayne Wiley if you have questions regarding project fees.