Employer's Benefits

  • The cost of recruiting internship students averages sixteen times less than recruiting recent college graduates.
  • Almost 50 percent of internship students accept permanent positions with their internship employers. The retention of college graduates after 5 years of employment is 30% greater for internship graduates.
  • Typically, students on internship receive lower salaries and fewer fringe benefits than permanent employees.
  • Total wages average less for internship students. In addition, employers are not required to pay unemployment compensation taxes on wages of internship students if they are enrolled in a qualified program.
  • The percentage of minority group members hired is twice as high among internship students as among recent college graduates, thus assisting internship employers in meeting EEO objectives.
  • Internship programs provide an opportunity to evaluate employees prior to a decision regarding full-time employment.
  • The internship graduate's work performance is superior to that of a college graduate without internship. Students are more flexible and easily adapt to a professional environment.
  • Regular staff members are freed up from more basic aspects of their jobs to focus on more demanding and profitable assignments.
  • Internship programs supply students who have new ideas and fresh approaches. Internship students bring state-of-the-art technical knowledge to their work assignments.
  • Internship graduates are promoted sooner (and further) than other graduates.
  • Internship programs build positive relationships between businesses and schools.