intern jump presents the internship rundown
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INTERNJUMP PRESENTS:
THE INTERNSHIP RUNDOWN
What Do Interns Do?
When most people think of internships they usually picture them a lot like this
But...
Surprisingly, most interns are actually doing meaningful work!
As the graph shows, only 2 percent of intern duties reported by employers are “non-essential” activities
“Since employers report that the main focus of both their experiential education programs is to recruit
entry-level college hires, it’s not surprising they say that their interns and co-ops spend most of their
work time on meaningful tasks.” 2013 Internship & Co-op Survey, National Association of Colleges and Employers
306 employers, from over 20 different industries, say their interns are given real
work*
“Student works at USFWS for new media projects by Erica Szlosek/USFWS http://www.flickr.com/photos/usfws_pacificsw/5407460163/ Licensed under a Creative Commons Attribution 3.0
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Most Common Ways to Find an Internship
OPersonal Networking
OSearching the web
O“Cold Calling”
OUniversity Career Centers
OJob FairsNow InternJump.com
Internship Compensation
Are Unpaid Internships Legal?1. The internship, even though it includes actual operation of the facilities of the
employer, is similar to training which would be given in an educational environment; The internship experience is for the benefit of the intern;
2. The internship experience is for the benefit of the intern;
3. The intern does not displace regular employees, but works under close supervision of existing staff;
4. The employer that provides the training derives no immediate advantage from the activities of the intern; and on occasion its operations may actually be impeded;
5. The intern is not necessarily entitled to a job at the conclusion of the internship;
6. The employer and the intern understand that the intern is not entitled to wages for the time spent in the internship
Recently the Supreme Court looked to six factors in deciding whether a work program was for the intern’s own educational benefit or the advantage of their employer
Unpaid Internship Summary
Many argue that the 6 legal criteria require updating as they are based on a Supreme Court decision from 1947, at a time when many internships/apprenticeships were for blue collar production workers. However as of now, these criteria present a situation very difficult to comply with and “For-Profit” companies should be especially cognizant of regulations with some unpaid internship lawsuits in recent years
InternJump is not liable for any actions taken as a result of this information
According to NACE “the average hourly wage rate for interns at the bachelor’s degree level is $16.26”
Which is .3 percent higher than last year ($16.21)
For those with a master’s, the average is $21.90Which is .1 percent lower than last year ($21.93)
For college freshmen the average is $14.53
For college seniors the average is$17.47
When examining earnings for full-time positions, similar variations based on
education can also be observed.
Median Weekly Earnings for the Second Quarter of 2013
(Age 25+)
According to the Bureau of Labor Statistics
14
Highest Paying College Majors according to Forbes
Majors where you learn hard
skills(Engineering, Finance, Sciences) are the most highly
compensated! Shakespeare
Would Be Broke!
How Can I Increase How Much I Earn
Over My Lifetime?
It’s never too early to start thinking about long term career options
As the past few years have shown us, the job market can easily fluctuate and change with little warning
resume
For this reason, it could be beneficial to develop skills in areas outside of your normal discipline, providing more career options!
Interpersonal Skills
HTML/ Comp. Programming
Marketing
Writing
Mathematics
YOU
Use Find Your Worth on InternJump.com to figure out how your lifetime earnings
improve by learning new skills! Internjump.com/findmyworth
Computer Engineering Finance
Environmental & Conservation ScienceSenior Health Care
Veterinarians Market Data Analysis
Some of the fields expected to boom by the year 2020 as predicted by US News Report:
About US:InternJump is the new way for students to find
internships with top employers. InternJump focuses on matching candidates to positions they will excel in & guiding students to their career with innovative tools
For more information internship, job advice and resources, go to internjump.com
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