Spotlight Online for Employment and Recruiting Professionals, May 26, 2010

The most commonly offered benefits to interns and co-ops are planned social activities, paid holidays, and counting experiential education work time as service time if hired for a full-time position, according to employers responding to NACE’s 2010 Internship & Co-op Survey.

 Following are the top five benefits offered to interns and co-ops:

 Benefits for interns

1. Social activities (62 percent of respondents)
2. Paid holidays (41 percent)
3. Service time (31 percent)
4. 401(k) (17 percent)
5. Medical (8 percent)

 Benefits for co-ops:

1. Social activities (47 percent of respondents)
2. Paid holidays (45 percent)
3. Service time (40 percent)
4. 401(k) (19 percent)
5. Vacation time (16 percent)

It’s also important to note that 22 percent of intern employers and 34 percent of co-op employers offered no benefits to their experiential education hires.

 The survey, conducted January 11 – March 5, 2010, garnered responses from 235 organizations.

 NACE’s 2010 Internship & Co-op Survey report is now available. (Participants received a complimentary copy of the report.) Get selected highlights from the survey here.