cited their internship program as the candidate sourcing technique with the best return on investment. Adding to the internship program’s reputation as a great return on investment: A recent NACE study found that 75.5% of paid interns who accepted a job with the same employer were still employed there one year later, compared with just 51.5% of employees who didn’t take part in an internship. Further, there is a an equally impressive correlation at the five-year mark.
Even if a student does not receive a full-time offer from the employer where they completed their internship, other employers want to see internship and job-specific experience on their resumes. This provides them with an indication of the potential employee’s fit for the job they are seeking to fill. So, students can use their internship as a resume builder, illustrating their real-world skills and abilities to potential employers.· Test a job and industry before committing to it.
Expanding paid internships to make them available to more college students would mean a better prepared, more productive workforce—and a win for us all.