Data + Design Project

The ROI of Summer Internships: How Much Does It Pay?

Tuesday 07.03.2012 , Posted by
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Summer is shining down upon us — currently melting people’s faces off on the Eastern seaboard — and with the summer heat wave also comes another favorite time of year for students: the summer internship. Hiring for internships is expected to rise 8.5 percent in 2012, meaning more undergraduates will have the opportunity to gain some hands-on experience in their field of study. New research suggests that the ROI of a summer internship can have huge payoffs when it comes to immediate pay — beats making $9.00/hr at a retail location — and can pay off long term when it comes to career opportunities.

Spending the most cherished months of your life getting a tan and chasing your future ex-girlfriend/boyfriend around the pool and up and down the beach makes you think twice about getting a summer internship… but, there are some great benefits that come along with the sacrifice. One of the things to think about is the pay you’ll be compensated with: the average bachelor’s student earns $16.21/hour (this average varies by industry and how far along you are in your college career). There’s also the additional benefits of receiving insurance, retirement and scholarship money, as well as the intangibles — a career trial run, building a network, gaining career experience, and building real-world confidence. If that isn’t enough incentive for you, one of the most valuable parts of doing an internship is that a summer trial run can turn into a solid career position. Get all the details below in this infographic by CourseHero.

Click here or the graphic below for a full-sized view.

CourseHero

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Neil Spencer

Written by Neil Spencer



California / writing / beat music / Arsenal FC / artist & illustrator / http://tunnelvsmountain.tumblr.com/ Say what's up to share your work, or just say hi: @AdventurSpencer http://pinterest.com/tunnlvsmountn/ - http://8tracks.com/neilson_spencer email: neil@visualnews.com

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