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Studies show internships matter

Did you know that employers nationwide offered full-time positions to their interns nearly 65% of the time in 2013? And 79% of the interns accepted the offer.

I find these figures from the National Association of Colleges and Employers (NACE) fascinating because they are a testament to the value of internships. Many employers now treat internships as an extended job interview of sorts – training the next generation of talent in order to build their workforce. A 2015 survey by NACE confirms this trend. The report reveals about 70% of employers indicated that seeking full-time, entry-level employees is a main function of their internship programs.

An additional benefit to internships is the return on investment. A study cited by Purdue University Calumet showed that in 2012, college students with internship experience made on average 15% more money than those who did not complete an internship. More coin in the pocket …

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Does Working While in School Really Pay Off?

As a college student, you are given a lot of freedom in how you choose to spend your time.  There are classes to attend and homework to finish.  But as you decide how to spend your time, many students have to choose whether or not working fits into their school schedule.  Before deciding whether a part-time job or internship experience is worth your time, consider the following:

The National Center for Education Statistics (Horn & Malizio, 1998) found that students who worked 1–15 hours per week had the lowest risk for enrollment interruption, even when compared with students who did not work.

Retrieved from: http://rer.sagepub.com/cgi/reprint/76/1/63

What does this mean?

Working students are more likely to graduate on time vs. those who don’t work.

In a study by Van de Water (1996), student grades tended to improve as students worked more hours per week, up to a total of …

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It Pays to Intern

Although wage should not be as important as experience when determining which internships to pursue, the idea of making a good chunk of change is always appealing. 

When I was still an undergraduate student, I would ask my fraternity brothers if anyone else planned on interning in the summer.  I remember asking a younger guy in the house if he planned on applying for any internships.  He replied, “No, I plan on working at a factory like I do every summer where I can make $15/hr, so that’s way better.”

He, like many other students today, didn’t realize that internships pay fairly well:

On average, bachelor’s degree students taking part in internships in 2011 will earn an average of $16.68 an hour, according to results of NACE’s 2011 Internship & Co-op Survey. 

At the master’s degree level, the average hourly rate is $24.21.

Aside from the possibility of making a …

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Internships Prove More Valuable Than Ever for Companies and Students

From Inside INdiana Business

It’s easy to list specific reasons why an organization should start an internship program: increased productivity, enhanced creativity, effective recruitment – to name a few. But it’s the coveted notion of saving time and money while getting quality results that’s music to the ears of any employer.

In fact, these days when hiring for a full-time position, some organizations may not have the time or financial resources to recruit a seasoned individual. According to the National Association of Colleges and Employers’ (NACE) 2010 Internship and Co-op Survey (based on 235 employer responses), 83% of employers said that they use internship programs as a tool for recruiting entry-level talent, an increase of approximately 5% from 2009.

NACE’s survey also indicated that 44.6% of respondents’ full-time entry level hires from the class of ’08-’09 were from their internship programs, an increase of approximately 10% from the prior year.

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Employers: Are You Ready?

Entry by Pat Patterson

Career fairs are fast-approaching – are you prepared to market your organization?  Regardless of whether you are a large or small organization, career fairs are a great opportunity to recruit new talent:

“Think about all the money AT&T, Coca-Cola, and Ford Motor Company put into national advertising and promotional campaigns,” explains Keever-Watts, president of The Keever Group. “In the arena of college recruiting, however, any company can be a ‘big fish’ on campus.”

She points out that this is due to employers dealing in a much smaller, more confined market. In addition, Keever-Watts adds, the target audience—which is composed of students—is buying what the employer is selling.

“To make things even more favorable, it’s an employers’ market, which means that students are casting a wider net when it comes to finding a job,” she notes. “While the economic downturn hurts us …

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