Posted May 04, 2016 by

61.9% of interns become permanent employees upon graduation

One of the benefits of being an owner of College Recruiter is that we went live way back in 1996 and so we’ve seen a lot of things come and go, including strong and weak labor markets. Today’s labor market is, in some ways, strong and, in other ways, weak.

The National Association of Colleges and Employers (NACE) recently reported in its Internship & Co-op Survey that its mostly large employer members are extending offers to a larger percentage of their interns, which is an indicator of a strong labor market, yet the acceptance rate of those offers is also high, which is an indicator of a weak labor market. In other words, employers are offering jobs to a higher percentage of candidates as they’re worried that it will be difficult for them to hire enough of the right people if they don’t extend all those offers yet, at the same time, a high percentage of candidates are accepting those offers as they’re worried that it will be difficult for them to get hired if they don’t accept those offers.

2004-16 Internship Offer, Acceptance, and Conversion Rates

 

According to NACE, “this year’s intern offer rate—72.7 percent—is the highest it has been since the peak of the pre-recession market (2006), although the corresponding acceptance rate—85.2 percent—still remains well above pre-recession levels. In turn, these two figures yielded a conversion rate of 61.9 percent, a 13-year high.” So, if you’re an intern or employing an intern and wondering what percentage of interns get and accept offers to work for their employer upon graduation, a pretty good estimate will be 61.9 percent.

Print Friendly, PDF & Email

We believe that every student and recent grad deserves a great career. Get a personalized proposal for how best to reach your target candidates by entering your info here. We will respond within one business day.

Thank you for submitting your request to College Recruiter for a proposal for how we can help you hire students and recent graduates of one-, two-, and four-year colleges and universities for part-time, seasonal, internship, and entry-level opportunities.

We will likely respond within a couple of hours and definitely within one business day. Should you need assistance even faster, please call us at 952.848.2211 or email us at [email protected].

Posted in Advice for Candidates, Advice for Employers, Economic Indicators, Internships, Job Search, Recruitment Strategies, Retention Strategies | Tagged Tagged , , , , , ,