Class of 2012: 60 Percent of Paid Interns Got Job Offers

August 6, 2012

From NACE (National Association of Colleges and Employers) Knowledge Center
Spotlight for Career Services Professionals

Paid interns have a distinct advantage in the job market, according to results of NACE’s 2012 Student Survey.

Overall, approximately 60 percent of 2012 college graduates who took part in paid internships received at least one job offer, according to the results of the survey.

The survey also found that unpaid interns fared only slightly better in getting job offers than graduates who had not taken part in an internship. Overall, 37 percent of unpaid interns received job offers; 36 percent of graduates with no internship experience received job offers.

The advantage of the paid internship is especially true among students performing internships in the for-profit sector: Among those interning for for-profit employers, 64 percent earned job offers compared to 38.3 percent of their unpaid peers. Pay status, however, also favors students in the nonprofit and government sectors. (See Figure 1.)

Although there are other factors that affect offer rate, the study also suggests that differences in the type of work undertaken by paid and unpaid interns contribute to the discrepancy in job offers. Paid interns spend more time than unpaid interns engaged in “real work,” and thus have the chance to gain more of the relevant work experience employers prize.

Results show that paid interns spent 42 percent of their time on professional duties (analysis and project management) and just 25 percent on clerical and non-essential functions; unpaid interns spent 31 percent of their time on clerical and non-essential work and 30 percent on professional tasks.

NACE’s 2012 Student Survey was conducted mid-January through April 30, 2012. Nearly 48,000 college students nationwide, including 15,715 seniors at the bachelor’s degree level, took part in the survey. A report based on results from graduating seniors will be available later this summer.

Employers Report Record Intern-Conversion Rate

April 30, 2012

From NACE (National Association of Colleges and Employers)

Not only are employers expecting to increase internship hires by 8.5 percent over last year, but they’re also reporting record-breaking conversion rates, according to results of NACE’s 2012 Internship & Co-op Survey.

Survey respondents converted 58.6 percent of their Class of 2011 interns into full-time hires, an all-time high since NACE began reporting conversion rates in the early 2000s. The previous record of 57.7 percent was reported by NACE in its 2011 Internship & Co-op Survey.

The drivers of the record conversion rate were lower offer rates coupled with a stable acceptance rate. Employers extended offers to 61.2 percent of their Class of 2011 interns, compared to 66.7 percent of their Class of 2010 interns, but both classes accepted at the same rate—86.5 percent.

Top 10 Internship-Ready Majors

March 12, 2012

From Internships.com

It’s that time of the year. 68 college basketball teams have made it to the NCAA Tournament – the “big dance.” Rankings, seedings, and brackets are top of mind.

But there’s another competition launching today, too – a competition for career readiness and ambition, for bragging rights based on majors. Today we released The “Top 10 Internship-Ready Majors,” based on a comprehensive list of college majors analyzed by our Internships.com Ambition Index.

Which majors made the final cut? Click here to see the Top 10 ranking.

Once you check out where your major ranks, or (womp-womp) doesn’t rank, make the case on Facebook and Twitter – share why your major is the most deserving of a Top 10 ranking.

Facebook, Google and Dropbox Are Hiring Interns by the Boatload

January 9, 2012

From BusinessInsder.com
By Ellis Hamburger, SAI: Tools at Business Insider

Silicon Valley mainstays and start ups like Google and Dropbox are hiring tons of interns for this coming summer, the Wall Street Journal Reports.

Dropbox plans to hire three times as many interns for this summer as for last summer. This would make interns one whole third of Dropbox’s entire engineering team.

Facebook plans to hire 625 interns for this coming summer, while Google plans to hire more than a thousand youngsters for summer jobs.

So why all the hiring up? Finding and keeping full-time hires is tough enough at a tech company because of rampant poaching, so these companies have been increasingly turning to college students for first-year employees.

Most of these companies offer interns around $10,000 for a summer-long gig.

Read the rest of the report and about other companies battling for tech internships at the Wall Street Journal.

Cougar Career Workshop Series – Fall 2011

September 5, 2011

Due to the popularity we saw in the Spring semester, the Career Center will be bringing back it’s Thursday night Cougar Career Workshop Series. In an effort to try and reach out to students and alumni that may not be able to access the Career Center during the day, the Career Center will be hosting workshops that focus on a different topic each week, including new topics not offered during the Spring.

Below is a list of the Fall 2011 workshops along with a flyer with more information on each. All workshops will be held in the Career Center (Lightsey Building, Room 216) from 5:30 – 6:30pm. For those workshops requiring registration, you can sign up for them by viewing the Events Calendar in CISTERNonline, and if you should have any questions about them, please contact Eric Anderson, Career Center Advisor, at 953-5693 / andersone@cofc.edu or Katie Smith, Internship Coordinator at 953-5694 / smithkl@cofc.edu.

Flyer: Fall 2011 Cougar Career Workshop Series

Fall Schedule

September 8th – Resume and Cover Letter 101

September 15th – Experience Matters – Internships

September 22nd – Is Graduate School Right for Me?: Preparing for Admission*

September 29th – Workplace Etiquette and Professional Image*

October 6th – What Employers are Saying about your Resume *

October 13th – How to Land a Great Job*

October 20th – Preparing for the Career Fair

October 27th – Recruiters Tell All – Panel*

November 3rd – Linked In: What Is it & How To Utilize it for Career Networking

November 10th – Tips for Sealing the Deal in a Big Interview

November 17th – Taking a Year off between School and Work: Pros & Cons

December 1st – Working for a Nonprofit: Dispelling the Myths*
In conjunction with the College of Charleston Center for Civic Engagement

*Workshop space is limited and requires pre-registration.

The 7 Noble Virtues of the Workplace

August 8, 2011

From Salary.com

Especially in this economy it is easy to feel alone. Coworkers can be very competitive and it may feel that going out of your way to put the team and your coworkers first is a wasted effort, but in the end people do remember your efforts and small kindnesses add up.

To see the survey results and list of seven noble virtues in the workplace, please click here.

Students Likely to Accept Job Offer From Internship Employers

June 27, 2011

From NACE Press Room

Sixty-two percent of students who completed an internship indicated they “definitely would” (36 percent) or “probably would” (26 percent) accept an offer for a full-time position from their most recent internship employers, according to results of a recent survey by the National Association of Colleges and Employers (NACE). On the other side, just 18.7 percent of students who had an internship and responded to NACE’s 2011 Student Survey noted they would likely turn down an offer of full-time employment with their latest employers. “Typically, if the intern’s work experience is substantive and the individual is engaged in meaningful work, chances are greater that individual will want to join the organization on a full-time basis,” explains Marilyn Mackes, NACE executive director. “If the work is more clerical or not related to professional goals, it is more likely the intern will reject the job offer and look for work elsewhere, regardless of whether the internship was offered by a for-profit, nonprofit, federal government, or state/local government employer.”

For example, on average, those rejecting offers of full-time employment with for-profit employers spent more than one-third of their time on clerical or nonprofessional tasks, while those who accepted offers spent an average of just over one-fifth of their time in such undertakings.

About the 2011 Student Survey: Each spring, the National Association of Colleges and Employers (NACE) surveys college students on their job search, career plans, and other issues related to employment. This year, the survey was conducted mid-February through April 30, 2011. More than 50,000 students nationwide, including nearly 20,000 graduating seniors, took part in this year’s survey. Information in this release is based on data gathered from graduating senior respondents.

About NACE: Since 1956, the National Association of Colleges and Employers (NACE) has been the leading source of information about the employment of college graduates. For more information, visit www.naceweb.org.

Summer’s Over and You Still Don’t Have a Fall Internship… Now What?

August 30, 2010

Posted by The Good Intern on College Recruiter.com

The few weeks right before school starts back up can be a hectic and exciting time for lots of students. On one hand, you’re excited to soon be reunited with friends you haven’t seen all summer, but on the other hand you’re sad to say goodbye to those summer nights and having free-time, and for some… you’re freaking out because you still haven’t managed to land a fall internship.

Although time is limited, it’s still not too late to find that perfect fall internship as long as you kick it into high gear starting NOW.

How Do I Manage My Workload At My Internship?

July 26, 2010

A good article from the Intern Coach at Internships.com on how to manage your multiple tasks and time effectively by following these tips.

Why Internships are Important-A Student’s View

November 17, 2008

Internships are an important part of every student’s college career.  If it isn’t, it should be.  Many majors require students to complete an internship before they can even graduate.  They do this because they know that completing one will be beneficial to you in the long run.  As a student myself, I can truthfully tell you how important it really is.  Internships allow you to experience what goes on in the career field that you are thinking about.  It’s almost like a semester long, “Take Your College Student to Work Day.”  .  This is important to do before you graduate and get a job, because you might realize that you aren’t cut out for this specific area and want to work somewhere else. 

 

With an internship, you get to see what happens on a day to day basis. You get to complete assignments and daily tasks that are specific to the job.  In many cases you may even have a special project to complete that you alone are in charge of.  Another perk of doing an internship is the networking that you get to do.  These people that you work with are good resources not only for questions and help, but also for possible future job contacts and references.  So if you can’t decide on whether or not to do an internship, and you think your advisor is just saying you should to give you extra work, they’re not.  Take it from another fellow student, it’s worth the time and work!

 

Holley Springfield, Class of 2009

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