If you're a student who's debating spending your vacation doing summer internships, this helpful advice should help you make the right decision.
This study highlights the length of transition from college to career for interns and non-interns. It might shock you to find that fresh graduates can take up to 6.3 months to find a job, whilst those who have completed for an unpaid position in any industry, whether it be a journalism job or social media internship, can land a job in 2.5 months.
The study also finds that as of 2004, employers prefer their employees to have between 3-4 internship positions under their belt. Another finding states interns are 70% more likely to be hired in a full-time capacity with a company and earn roughly $11,500 more than their non-intern peers.
The informative study concludes that internships are essential training for young graduates today. The time is nigh,so get applying for some summer internships today.
Internship-Encouraging Infographics
This Chart Will Help Push You to Find That Summer Internship
Trend Themes
1. Internship Training - The study highlights the importance of internships in providing essential training to young graduates and the higher chances of being hired full-time with a company after a successful internship.
2. Multiple Internship Positions - Employers prefer their employees with 3-4 internship positions, creating opportunities for platforms that help students discover, apply, and manage multiple internship applications.
3. Short Job Search - Interns land a job in 2.5 months compared with 6.3 months for fresh graduates without an internship, providing an opportunity for platforms that help students find internships that directly lead to full-time positions.
Industry Implications
1. Online Internship Platforms - Create a platform that connects employers with students through internships for various positions, creating possibilities for internships directly leading to permanent employment opportunities.
2. Internship Management Platforms - Create a platform for managing multiple internship applications, organizing interviews, tracking progress, and building a profile to showcase experiences to employers and promote skills for higher job prospects.
3. Job Search Platforms with an Internship Category - Job search platforms need to categorize internships, making it easier for students to find and apply to internships, possibly leading to full-time career opportunities after a successful internship.