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  • Guide to Compensation for Interns & Co-ops 2021

  • Summary

    Internship and cooperative education programs are critical aspects for the hiring of new college graduates for many employers. These programs aid both the student and the organization to find the student’s “best fit,” which results in better short- and long-term retention rates for new hires.

    Data includes average hourly wage by degree, academic major, year of study, industry, company size, and region as well as employee benefits.

    Programs include:

    • Internships
    • Co-operative Education Programs (Co-ops)

    Degrees include:

    • Associate
    • Bachelor’s
    • Master’s
    • Doctoral

    Majors include:

    • Accounting
    • Actuarial Science
    • Business Administration
    • Communications
    • Computer Science
    • Economics
    • Education
    • Engineering
    • Finance
    • Health Science/Nursing
    • Human Resources
    • Humanities/Liberal Arts
    • Law/Paralegal
    • Marketing
    • Math/Statistics
    • Physical Science
    • Social Science

    Industries include:

    • Accounting Services
    • Chemical (Pharmaceutical) Manufacturing
    • Computer & Electronics Manufacturing
    • Construction
    • Engineering Services
    • Finance, Insurance, & Real Estate
    • Food & Beverage Manufacturing
    • Information
    • Management Consulting
    • Miscellaneous Manufacturing
    • Miscellaneous Professional Services
    • Motor Vehicle Manufacturing
    • Oil & Gas Extraction
    • Retail Trade
    • Transportation
    • Utilities
    • Wholesale Trade

    Company size includes:

    • 500 or less employees
    • 501 to 1,000 employees
    • 1,001 to 2,500 employees
    • 2,501 to 5,000 employees
    • 5,001 to 10,000 employees
    • 10,001 to 20,000 employees
    • More than 20,000 employees

    April 2021. 8 1/2" x 11”. 58 pages. PDF format.

    If your organization participated in the survey, or you purchased a copy of the report, you can access the report at MyNACE > Research Reports.

    View the accompanying 2021 Internship & Co-op Survey Report for hiring projections, conversion, retention, compensation (wages and benefits), recruiting strategies, and program structure. Save by purchasing the 2021 Internship & Co-op Report and Guide to Compensation for Interns & 2021 Co-ops Report Combo.