Internships have become an essential ingredient for students looking to land a job after graduation. Birthed in the 11th century as apprenticeships for those looking to practice a trade, internships have come a long way. While they no longer involve years of back-breaking labor, they’re still a great way for students to develop skills in a real-world setting. In fact, 66 percent of employers expect relevant work experience from their entry-level hires.
The arduous transformation of the internship can be viewed in this infographic compiled by InternMatch, an online platform connecting the best intern candidates and employers. Here are some key points to note:
- 47% of employers have a structured internship program
- 63% of paid interns got a job offer
- Interns are 70% more likely to be hired as full-time employees with a company
- The average wage rate for interns at bachelor’s level is $ 16.21
Check out the full infographic below:
What do you think? Do you think internships are vital to getting experience within your industry?