Think back to a stressful time in your life. Do the hours you spent vying for post-grad jobs come to mind? For many of today’s undergrads, it likely will.
New research from Handshake—based on a survey of more than 6,000 college students and recent graduates, as well as job requisition and application data from its platform—found that internships have a significant impact on college students’ career plans. But many face challenges accessing internships.
Impressions matter. Nearly all (96%) respondents who completed an internship said it impacted their understanding of their career goals, and 80% said it influenced their industry and job preferences. Some 79% said their internship impacted their interest in working full-time at an organization, with 56% saying they would, or maybe would, accept a full-time offer.
Finance is a big barrier. It’s not enough to just be paid. While most internships are paid nowadays, with 74% of respondents receiving direct compensation during their program, the level of compensation influenced their perception of their employer. The majority (80%) of respondents who felt fairly compensated said they’d accept a job offer from their internship company, compared to 63% of those who did not feel fairly compensated.
Keep reading here.—PM
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