Class of 2013: Paid Interns Outpace Unpaid Peers in Job Offers, Salaries
May 30, 2013 - National Association of Colleges and Employers (NACE)
BETHLEHEM,
PA - Among 2013 graduates who had applied
for a job, those who took part in paid internships enjoyed a distinct advantage
over their peers who undertook an unpaid experience or who didn’t do an
internship, according to results of a survey of college students by the
National Association of Colleges and Employers (NACE).
“This is the
third consecutive year that NACE’s annual student survey has captured
internship data for paid and unpaid interns,” says Marilyn Mackes, NACE
executive director. “In each survey, paid interns exceeded their peers in job
offers and starting salaries.”
NACE’s 2013
Student Survey found that 63.1 percent of paid interns received at least
one job offer. In comparison, only 37 percent of unpaid interns got an offer;
that’s not much better than results for those with no internship?35.2 percent
received at least one job offer.
In terms of
starting salary, too, paid interns did significantly better than other job
applicants: The median starting salary for new grad with paid internship experience
is $51,930?far outdistancing their counterparts with an unpaid internship
($35,721) or no internship experience ($37,087).
Note: All data in this release are for bachelor’s degree
level graduating seniors who reported applying for a job before graduation.?