Paid Internship Analysis

“Of the 75% of students that said they had an internship, 61% had a job offer by the winter of their senior year” (Rodkin, 2014). This is just one of the many statistics that emphasizes the need for internships in today’s business economy. The use of both paid and unpaid internships has been occurring for as long as humans can look back. Originally, internships were more like apprenticeships, in that the employer worked with one pupil to help them gain a specific trade. Now, “As an intern, you’ll gain valuable knowledge of companies and industry culture, trends, and key players, which all contribute to how you’ll choose your future career” (Senderoff, 2013). The addition of an internship to a college student’s resumè greatly increases their chances of receiving a job offer out of college.
As stated by Senderoff, internships have become a necessity for entry-level jobs. She also mentions that the level of competition requires internships so that they can receive the necessary skills and experiences that make them hirable (Senderoff, 2013). Internships are monumental to the employment process. According to Burning Glass, an employment research firm, the number of internships …show more content…
The difference comes from whether or not the internship paid them. Many companies do not want to hire people who have completed unpaid internships because they are afraid that they do not have the required experience to begin working immediately. The 37% of unpaid internships is only 1% higher than those who had no internship experience. (Adams, 2012). It would almost be better for students not to complete an internship if they are not paid; however, the even better option is to find an internship that does pay. “The internship has become the must-have resume-booster for college students hoping to land good jobs.” (The changing face of internships,