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  • Internship & Co-op Report 2019

  • Summary

    The 2019 Internship & Co-op Survey Report explores key aspects of employers’ internship and co-op programs, including hiring projections, conversion, retention, compensation (wages and benefits), recruiting strategies, and program structure. This report also includes historical analyses of the data.

    Highlights include:

    • For interns, the offer rate is 70.4 percent, the acceptance rate is 79.6 percent, and the conversion rate is 56.1 percent.
    • For co-ops, the offer rate is 50.2 percent, the acceptance rate is 79.3 percent, and the conversion rate is 39.9 percent.
    • The one-year retention rate for intern hires with internal experience is 71.4 percent, while it is 59.0 percent for those with external internship experience.
    • The average hourly wage for interns is up $0.32 to $19.05; this is the highest hourly wage thus far for interns.
    • Planned social activities and paid holidays are the most offered benefits, as they are among the least expensive.
    • Among employers that offer relocation assistance, 59.4 percent offer it to interns, while 28.7 percent offer it to co-ops.
    • The average signing bonus offered to interns this year ($2,580) is less than the average offered to co-ops ($3,546).

    May 2019. 8 1/2" x 11”. 30 pages. PDF format.

    VIEW EXECUTIVE SUMMARY

    If your organization participated in the survey, or you purchased a copy of the report, you can access the report at MyNACE > Research Reports.

    View the accompanying 2019 Guide to Compensation for Interns & Co-ops report for detailed wage and benefit information by major, degree, year of study, company size, industry, and region. Save by purchasing the 2019 Internship & Co-op Report and Guide to Compensation for Interns & 2019 Co-ops Report Combo.