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The latest news, trends and information to help you with your recruiting efforts.

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…)

Posted April 23, 2012 by

Engineering Interns Paid Most at $20.79/Hour

Bachelor’s degree level students studying engineering and computer science command the highest average wages among paid interns, according to a new study published by the National Association of Colleges and Employers (NACE).

 

Overall, employers taking part in NACE’s 2012 Internship & Co-op Survey reported paying their engineering major interns an average of $18.54 per hour, and computer science/IT major interns an average of $17.77.

(more…)

Posted March 02, 2012 by

Must Interns Be Paid?

Stephen Colbert testifying before Congressional committee on Super PAC financingWhether an employer must pay an intern for their work depends on the experience they will receive. Although the Fair Labor Standards Act requires employers to pay at least the minimum wage to employees, the U.S. Department of Labor (DOL) has developed six criteria for identifying which learners/trainees may be unpaid. Note that the DOL’s use of “learner/trainee” is equivalent to the commonly used term of “intern.”

The six criteria are: (more…)

Posted February 28, 2012 by

Intern Hiring Expected to Increase 12% This Summer

Employers expect to hire more college students for summer internships this year, according to a new study conducted by the National Association of Colleges and Employers (NACE). Employers taking part in NACE’s 2012 Internship & Co-op Survey report plans to increase internship hires by 8.5 percent over last year and nearly all expect to pay their interns.

Marilyn Mackes of the National Association of Colleges and Employers“This reflects the focus of these internship programs,” says Marilyn Mackes, NACE executive director. “Employers taking part in the survey use their internship programs to feed their full-time hiring efforts; as a result, they pay their interns to ensure the best talent pool possible.” (more…)

Posted October 12, 2011 by

College students with paid internships more likely to get jobs, higher starting salaries

Paid internships correlate to job-search success, according to a new study conducted by the National Association of Colleges and Employers (NACE).

Class of 2011 graduates who took part in a paid internship were more likely to get a job offer, have a job in hand by the time they graduated, and receive a higher starting salary offer than their peers who undertook an unpaid internship or no internship at all, according to results of NACE’s 2011 Student Survey. (more…)