Summary
Internship and cooperative education programs are among the most effective means employers have for identifying potential new hires. Paid internships and co-op programs ensure that employers can compete effectively for talent, help build a more inclusive pool of potential interns/co-ops, and remove legal barriers that unpaid programs face.
This guide—based on actual wages and benefits provided for 2021-22 interns/co-ops—includes data for average hourly wage by degree, academic major, year of study, industry, company size, and region, plus benefits.
Degrees include:
- Associate
- Bachelor’s
- Master’s
- Doctoral
Majors include:
- Accounting
- Actuarial Science
- Agricultural Science
- Business Administration
- Communications
- Computer Science
- Economics
- Education
- Engineering
- Finance
- Human Resources
- Humanities/Liberal Arts (e.g., English, History, etc.)
- Law/Paralegal
- Marketing
- Math/Statistics
- Physical Sciences
- Social Sciences (e.g., Psychology, Political Science, etc.)
Industries include:
- Accounting Services
- Chemical (Pharmaceutical) Manufacturing
- Computer & Electronics Manufacturing
- Construction
- Engineering Services
- Finance, Insurance, & Real Estate
- Food & Beverage Manufacturing
- Information
- Miscellaneous Manufacturing
- Miscellaneous Professional Services
- Miscellaneous Support Services
- Motor Vehicle Manufacturing
- Retail Trade
- Transportation
- Utilities
- Wholesale Trade
March 2023. 8 1/2" x 11". 66 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 2023 Internship & Co-op Report for hiring projections, conversion, retention, compensation (wages and benefits), recruiting strategies, and program structure. Save by purchasing the 2023 Internship & Co-op Report and Guide to Compensation for Interns & 2023 Co-ops Report Combo.