According to National Association of Colleges and Employers 2018 Internship & Co-op Survey:
- NACE’s employer members responding to the 2018 Internship & Co-op Survey expect intern hiring to grow by 1.7 percent this year.
- 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).
- Internship Hiring and Wages Both Up in 2018 Co-op hiring is also expected to see greater gains as employers anticipate hiring 1.7 percent more co-ops in 2018 than they did in 2017.
- The most widely used and most important criteria that employers use to select the target schools at which they recruit interns and co-ops are the location of the school, the majors offered, the perceived quality of their programs, and the employer’s past recruiting experience with a particular school.
- Employers favor “high touch” techniques—particularly career/job fairs and on-campus recruiting—when recruiting interns and co-ops.