NEW YORK– LAWFUEL – The Law Jobs Network – Career publisher Vault Inc. (www.vault.com) has released its fourth annual Internship Survey and finds that 71% of students have been paid for their internships, a 7% increase from last year’s survey.
Of the 71% that were paid, over half brought in at least $11.00 an hour. A paid intern shared that they, “love the intern treatment because as much as you are trying to impress employers, they are trying to sell their company to you as well.” Perks for some internships included – tickets to sporting events, weekend trips, health club memberships and moving stipends. One internship included a “rafting trip with all the interns and bosses.”
Interest in internships remain strong this year since 61% have already lined them up for the summer, consistent with last year’s 62%. The number of completed internships is also strong, with 74% completing at least one by graduation (includes summer internships after graduation). A student seeking an internship revealed, “It’s hard to find an internship as most have limited number of positions and the competition is great.” Students have completed internships in finance (30%), media and entertainment (8%) and non-profit (8%), science and technology (9%) and others.
Vault’s 2007 Internship Survey was conducted in early April and is comprised of 519 responses from college students across the U.S. For the full results, please email [email protected]
About Vault Inc.
Celebrating its tenth anniversary, Vault Inc. is the leading media company focused on careers. Vault offers over 100 nationally distributed books, from the best-selling Vault Guide to the Top 100 Law Firms to the Vault Guide to Schmoozing. Vault is celebrated for its online resource, www.vault.com — which offers surveys and “insider” information on more than 4,500 employers, 4,000 colleges and universities, and hundreds of industries and occupations — as well as the much-praised Electronic WaterCooler™, the Internet’s first-ever network of message boards for professionals with nearly 2,000,000 searchable posts. Vault was founded in 1996 by Hussam Hamadeh, Samer Hamadeh, and Mark Oldman.