Intern Bridge Newsletter

Intern Wages: The Business Case, The Data, and The Trends

Presented by: Richard Bottner, Founder and President, Intern Bridge, Inc.

August 17, 2011. 1:30pm to 3:30pm, EST.


About The Program

Should interns receive a wage? If so, how much? What about college credit and employee benefits? What about federal laws? Is there a business case to offer compensation?

You will never think the same about intern compensation again. The success of your program relies on it.

Intern compensation is, by far, the most controversial area of internship programming. A recession, lack of data, and general disconnect between employers and students has resulted in a volatile intern compensation market. Certain industries pay more than others, where other industries are notorious for not paying at all.

A recent report issued by Intern Bridge shows an extraordinary connection between intern compensation and the success of an internship program. The report is based on proprietary Intern Bridge data based on the detailed research of over 25,000 students from over 225 universities throughout the nation.

This online program seeks to explore the numerous and complex issues surrounding intern compensation. Don’t miss your chance to learn about never-before analyzed data from a leading industry expert. Join Intern Bridge Founder, Richard Bottner, for this engaging and interactive two-hour program. All registrants will receive a digital copy of the Intern Bridge Internship Salary Report - over 100 pages of internship compensation data, an $80 value! (Learn more about the report here.)

This program is also approved for 2 CEU credits from the Human Resources Certification Institute.

 

Program Outline:

  • The business case for paying interns
  • Connecting the purpose of internship programs with compensation
  • It's all about meaningful experience, not money
  • The impact on disadvantaged students
  • Organizational responsibility and workforce development
  • Legalities associated with paid vs unpaid internships
  • Comparative data behind internships
  • Why specific dollar amounts matter
  • Specific compensation data highlights
  • Impact of recession on internship salaries
  • 2010 internship salary trends

 

What People Are saying About This Program:

The Intern Wages webinar was really helpful. The new information I received from the webinar and the Internship Salary Report document made a difference in our new company wide guidelines for summer interns. Starting this summer, all internships will be either paid or credit based.  We have eliminated the option for unpaid interns except in the case of a credit-based internship which requires faculty advisor involvement and oversight. I am glad I signed up for the webinar and I highly recommend others to participate in Richard Bottner's webinars.

Samuel A. Koroma
Plan USA 

 

I have 26 years in the field of cooperative education and internships.  The recent 2010 Internship Salary Report by Intern Bridge along with Richard Bottner’s informative webinar provided the hard data needed to advocate for why  paid internships make good business sense.  The wage breakdowns by industry, position, major and state are invaluable.

Deb Artz
University of California, Santa Barbara

 

The Intern Wages webinar provided a comprehensive overview of the issues involved based on a reliable nationwide study.  I now have clear, concise terminology to use in describing issues of intern wages to employers and faculty members in order to strengthen the internship program for the betterment of our students.

Sara DeVries
Hope College

 

The Intern Wages webinar provides valuable information to assist career professionals in making a convincing case to employers to offer paid internships. 

Toni Ripo

University of South Florida

 

The Intern Wages webinar provided fantastic information that is already proving valuable as our campus works toward developing more structured internship program guidelines.  Along with the variety of great reports offered, the additional constructive tips for motivating employers to compensate interns were not only helpful, but we’ve already put them into action on our campus and seen positive results! 

Erin O’Dea
The Art Institute of Charleston

 

The Intern Wages webinar was extremely helpful.  I have many employers who call each year to ask what other companies are offering, intern pay averages and the like so the timeliness of this session was appreciated.  This session has also helped me form my argument for adding intern course credit into our curriculum. Thank you for the helpful information.  I'll be attending more of your sessions in the future!

Angelia Knight

University of Alabama

 

The Intern Wages Webinar was informative, timely and thought provoking.  It’s an issue we are all facing, and the information I gained in this webinar will help me with the internal and external conversations that need to be held regarding this issue.

Patti Goff

Providence College

 

Intern Bridge took a ubiquitous concern among internship practitioners nationwide and addressed it thoroughly and concisely. The presentation had a lot of useful information for all participants, employers and higher education professionals alike.  Of particular interest to me was the survey information on the going salary rates for interns by field and region.  I also value Richard Bottner’s zeal for providing legal documentation, and quantitative and qualitative data to support student interns being paid for the work they do for profit generating businesses. Great Job!

Amy Bravo

New York Institute of Technology

 

About The Presenter:

Richard Bottner is The Internship Advocate and the founder of Intern Bridge, the nation’s leading college recruiting consulting and research firm. He is the author of the top-selling internship creation and implementation manual Total Internship Management: The Employer’s Guide To Building The Ultimate Internship Program, with over 10,000 copies in circulation. He is also the founder and lead researcher of the National Internship and Co-op Study, an annual college recruiting best practices survey that has been completed by over 100,000 students nationwide since its inception. Richard has been named to Business Week’s list of the Top 25 U.S. Entrepreneurs Under 25, and has received a citation from Massachusetts Governor Deval Patrick for “entrepreneurial excellence.”

Richard has published four best-in-class internship books and produced a step-by-step DVD designed to help employers and universities build stronger internship programs. He has also published two resources specifically intended to help students attain success in their internship and job search. He has been a guest leadership columnist for Forbes and a featured blogger for Brazen Careerist regarding generational issues.

Richard’s engaging speaking appearances have included the National Association of Colleges and Employers, Eastern Association of College and Employers and Mountain Pacific Association of Colleges and Employers. Tens of thousands of employers and career center professionals have taken part in his in-person and distance learning college recruiting best practices programs since 2005, including over 80% of the Fortune 100 companies.

Richard has participated as a keynote speaker and panelist for several public policy events, connecting meaningful internships with workforce and economic development. Hosts have included the Federal Reserve Bank of Boston, Indiana State Chamber of Commerce, Providence Chamber of Commerce, Greater Boston Chamber of Commerce, and Tampa Chamber of Commerce. He is the author of two economic development reports relating to internships: The State of Indiana Internships and Ship Out or Hang Out: The Greater Boston Knowledge Retention and Internship Report. He has also conducted significant research into the impact of unpaid internships on the emerging workforce.

He has been quoted as an internship and generational expert in Human Resources Executive Magazine, CNN Money, Forbes, Business Week, Smart Money, Biz Journals, and more. He currently serves on the Human Capital Institute’s College Advisory Panel.

 

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