intern jump presents the internship rundown

INTERNJUMP PRESENTS:

THE INTERNSHIP RUNDOWN

What Do Interns Do?

When most people think of internships they usually picture them a lot like this

But...

Surprisingly, most interns are actually doing meaningful work!

As the graph shows, only 2 percent of intern duties reported by employers are “non-essential” activities

“Since employers report that the main focus of both their experiential education programs is to recruit

entry-level college hires, it’s not surprising they say that their interns and co-ops spend most of their

work time on meaningful tasks.” 2013 Internship & Co-op Survey, National Association of Colleges and Employers

306 employers, from over 20 different industries, say their interns are given real

work*

“Student works at USFWS for new media projects by Erica Szlosek/USFWS http://www.flickr.com/photos/usfws_pacificsw/5407460163/ Licensed under a Creative Commons Attribution 3.0

6

Most Common Ways to Find an Internship

OPersonal Networking

OSearching the web

O“Cold Calling”

OUniversity Career Centers

OJob FairsNow InternJump.com

Internship Compensation

Are Unpaid Internships Legal?1. The internship, even though it includes actual operation of the facilities of the

employer, is similar to training which would be given in an educational environment; The internship experience is for the benefit of the intern;

2. The internship experience is for the benefit of the intern;

3. The intern does not displace regular employees, but works under close supervision of existing staff;

4. The employer that provides the training derives no immediate advantage from the activities of the intern; and on occasion its operations may actually be impeded;

5. The intern is not necessarily entitled to a job at the conclusion of the internship;

6. The employer and the intern understand that the intern is not entitled to wages for the time spent in the internship

Recently the Supreme Court looked to six factors in deciding whether a work program was for the intern’s own educational benefit or the advantage of their employer

Unpaid Internship Summary

Many argue that the 6 legal criteria require updating as they are based on a Supreme Court decision from 1947, at a time when many internships/apprenticeships were for blue collar production workers. However as of now, these criteria present a situation very difficult to comply with and “For-Profit” companies should be especially cognizant of regulations with some unpaid internship lawsuits in recent years

InternJump is not liable for any actions taken as a result of this information

According to NACE “the average hourly wage rate for interns at the bachelor’s degree level is $16.26”

Which is .3 percent higher than last year ($16.21)

For those with a master’s, the average is $21.90Which is .1 percent lower than last year ($21.93)

For college freshmen the average is $14.53

For college seniors the average is$17.47

When examining earnings for full-time positions, similar variations based on

education can also be observed.

Median Weekly Earnings for the Second Quarter of 2013

(Age 25+)

According to the Bureau of Labor Statistics

14

Highest Paying College Majors according to Forbes

Majors where you learn hard

skills(Engineering, Finance, Sciences) are the most highly

compensated! Shakespeare

Would Be Broke!

How Can I Increase How Much I Earn

Over My Lifetime?

It’s never too early to start thinking about long term career options

As the past few years have shown us, the job market can easily fluctuate and change with little warning

resume

For this reason, it could be beneficial to develop skills in areas outside of your normal discipline, providing more career options!

Interpersonal Skills

HTML/ Comp. Programming

Marketing

Writing

Mathematics

YOU

Use Find Your Worth on InternJump.com to figure out how your lifetime earnings

improve by learning new skills! Internjump.com/findmyworth

Computer Engineering Finance

Environmental & Conservation ScienceSenior Health Care

Veterinarians Market Data Analysis

Some of the fields expected to boom by the year 2020 as predicted by US News Report:

About US:InternJump is the new way for students to find

internships with top employers. InternJump focuses on matching candidates to positions they will excel in & guiding students to their career with innovative tools

For more information internship, job advice and resources, go to internjump.com

For sales contact: jschmidt@internjump.comFor press contact: hdiamond@internjump.comFor general inquiries: info@internjump.com

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