Kevin Gray, ext. 139
Andrea Koncz, ext. 121, 610.868.1421
June 1, 2018
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
Figure 2: Mean hourly wage rate for bachelor’s-level interns, 2010-18
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.