[Infographic] The Evolution Of The Internship
Internships have always been the time-honored way for those interested in picking up a particular craft, ever since the first apprentice picked up a tool and worked under the guidance of a master artificer. But it has certainly evolved over the centuries – today students embark on internships during their college years to gain out-of-the-classroom experience prior to entering their industry. The challenge for interns to gain as much experience as they can, and at the same time strive to impress enough to land a full-time position.
InternMatch, an online platform connecting the intern candidates and employers, compiled an infographic below which showcases the impact internships have had on our world. In the 80s, only 3 percent of college students completed an internship, but today, 47 percent of employers boast structured internship programs. Here are some key points to note:
- 37% of students say internships are a good job search resource
- 81% of employers find they have better experiences with new hires that have intern experience
- 33% of employers hire virtual interns, a 20% increase from 2011 to 2012
- The average wage rate for interns at bachelor’s level is $16.21
Check out the full infographic below:
Daniel Goh is the founder and chief editor of Young | Upstarts, as well as an F&B entrepreneur. Daniel has a background in public relations, and is interested in issues in entrepreneurship, small business, marketing, public relations and the online space. He can be reached at daniel [at] youngupstarts [dot] com.