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Internship Trends

NATIONAL ASSOCIATION OF COLLEGES AND EMPLOYERS 2011 Internship and Co-op Survey APRIL 2011 INTERN HOURLY WAGE BY MAJOR Data are for 2011 juniors pursuing a bachelor's degree. LIBERAL ARTS AND SOCIAL SCIENCES TECHNICAL AND QUANTITATIVE COMMUNICATIONS BUSINESS $20. $15. 15.71 15.98 16.15 16.26 16.73 16.79 16.91 16.99 17.21 17.85 18.44 18.50 18.64 18.68 18.90 A Comparison of Offer, Acceptance, and Conversion Rates Offer Rate 65 70 68 64 67 PERCENT PERCENT PERCENT PERCENT PERCENT 2007 2008 2009 2010 2011 Acceptance Rate 73 72 84 84 87 PERCENT PERCENT PERCENT PERCENT PERCENT 2007 2008 2009 2010 2011 Conversion 47 51 57 53 58 PERCENT PERCENT PERCENT PERCENT PERCENT 2007 2008 2009 2010 2011 Conversion rate represents the rate at which interns became fulltime hires. The rate is caloulated by dividing the number of interns who actually accepted an offer of full-time emplayment with the organization by the number of interns eligible for fulleime employment. Average Retention Rates One- and five-year retention rates for college hires who were interns vs. college hires who never served an internship. 1 YEAR 5 YEAR 70% 76% 61% 55% 49% 44% NEVER OTHER OWN OWN OTHER NEVER BEEN NTERN NTERN NTERN NTERN BEEN INTERN AT EMPLOYER'S ORGANIZATION INTERN AT ANOTHER ORGANIZATION NEVER BEEN AN INTERN NATIONAL ASSOCIATION OF COLLEGES AND EMPLOYERS Internship and Co-op Survey NACE. The National Association of Colleges and Employers brings together HR/staffing professionals who recruit new college graduates, and career services professionals. NACE provides members with research and benchmarks, trends, articles, seminars, and conferences. NACEWEB.ORG Click to get a free copy of the research brief and find out more about the full survey.

Internship Trends

shared by nace@naceweb.org on Aug 09
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Employers expect to increase internship hiring by about 7 percent this year and they will draw approximately 40 percent of their new college hires for 2011 from their internship and co-op programs. Ch...

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