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  • Internship Hiring and Wages Both Up in 2018

    BETHLEHEM, PA—Hiring and wages for internships are both expected to increase this year, according to a new report from the National Association of Colleges and Employers (NACE).

    NACE’s employer members responding to the 2018 Internship & Co-op Survey expect intern hiring to grow by 1.7 percent this year. (See Figure 1.)

    Also this year, intern wages reached an average hourly rate of $18.73, which is up 67 cents—or 3.7 percent—from last year’s rate. This continues a trend as wages for bachelor’s degree-level interns have been on the rise since 2013. The nominal increase in hourly wages for interns over the past five years is 15.5 percent (from $16.21 to $18.73 per hour). (See Figure 2.)

    For 2018, the fields of study that have the highest average hourly rate for bachelor’s-level interns are computer science ($21.01), engineering ($20.92), math/statistics ($20.46), and health science/nursing ($20.13).

    Figure 1. Hiring projections for interns, 2013-18

    Year 2018 2017 2016 2015 2014 2013
    Hiring Projection 1.7% 3.4% -4.8% 0.0% -3.4% 2.7%
    Source: 2018 Internship & Co-op Survey, National Association of Colleges and Employers

    Figure 2: Mean hourly wage rate for bachelor’s-level interns, 2010-18

    Source: 2018 Internship & Co-op Survey, National Association of Colleges and Employers

    About the 2018 Internship & Co-op Survey: NACE’s 2018 Internship & Co-op Survey was conducted from November 8, 2017, to March 2, 2018, from NACE employer members; there were 309 respondents representing 29.1 percent of all eligible respondents. An executive summary from NACE’s 2018 Internship & Co-op Survey report is available at www.naceweb.org/research/reports/.  

    About NACE: Since 1956, the National Association of Colleges and Employers (NACE) has been the leading source of information about the employment of college graduates. For more information, visit www.naceweb.org. NACE maintains a virtual press room for the media.