HRRecruitingAlert.com » How much should you pay student interns?

How much should you pay student interns?

April 29, 2009 by Sam Narisi
Posted in: In This Week's E-Newsletter, Internships, Latest News & Views, Salary negotiations

Despite economic conditions, salaries for summer interns will get more competitive this year.

On average, employers will pay interns an hourly wage of $17.13 — 5% higher than last year — according to a recent survey by the National Association of Colleges and Employers. Interestingly, however, the survey also reported employers will be offering about 21% fewer internships this year than in 2008.

Here’s the average hourly pay broken down by the intern’s field of study:

  • Business — $15.93
  • Communications — $16.00
  • Sciences — $16.60
  • Computer Sciences — $17.20
  • Engineering — $18.26

Of course, those are national numbers. When benchmarking your own intern compensation, you’ll need to take a look at regional data, too.

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