The conversion rate for interns fell, fueled by a lower offer rate. The lower rate could reflect lower-than-expected hiring needs or could signal an issue with the intern selection process.

Are students who repeat their internship experience with an organization more likely to convert to full-time hires? nearly 90 percent of eligible returning interns received an offer of full-time employment, and nearly 90 percent of those accepted. In comparison, just 43.5 percent of nonreturning interns were offered a job with their internship employer.

The average conversion rate for interns climbed nearly 20%, fueled by a substantial increase in the average offer rate, according to results of NACE’s 2021 Internship & Co-op Survey Report.