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Ed Koc is the Director of Research, Public Policy and Legislative Affairs for the National Association of Colleges and Employers (NACE). He says companies now come directly to colleges hoping to find interns who will later become permanent employees.
"They're very selective in terms of who they choose to bring on board. Particularly because they want to be able to
convert
that student into a full-time
hire
once that internship is over."
This means that students should be preparing for internships in the same ways they would for a real career job.
NACE connects U.S. college career service centers and conducts surveys on the job market for graduates. Koc said at companies the organization works with, about 52 percent of interns end up getting full-time jobs.
He said research also suggests that interns working in paid internships get hired faster than those who are not paid.
"The primary reason for that is that the employers that provided paid internships actually were the ones hiring the students. They were looking at them in a
probationary
fashion."
According to a NACE survey, students who completed paid internships with private, for-profit companies received $53,521 in starting pay. Those who took unpaid internships received an average starting offer of $34,375.
