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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.

Posted July 27, 2012 by

60% of Paid Interns Receive Job Offers. Unpaid Internships Create Almost No Benefit.

Marilyn Mackes of the National Association of Colleges and EmployersApproximately 60 percent of 2012 college graduates who took part in paid internships received at least one job offer, according to results of a new study by the National Association of Colleges and Employers (NACE).

NACE’s 2012 Student Survey also found that unpaid interns fared only slightly better in getting job offers than graduates who had not taken part in an internship. Thirty-seven percent of unpaid interns received job offers; 36 percent of graduates with no internship experience received job offers.

“These results are consistent with what we saw last year with the Class of 2011,” says Marilyn Mackes, NACE executive director. “Students with a paid internship have a decided advantage in the job market over those who did an unpaid internship or didn’t do an internship at all.”  (more…)