Motivation – Money isn’t everything, true.According to a NACE Foundation report, employers are more likely to convert paid interns to full-time employees. Job Prospects – If you’re secretly hoping that your internship turns into a full-time position within the company, you might be better off accepting a paid internship.According to the National Bureau of Economic Research, employers are more likely to accept internship applicants with prior internship experience. (Broke students want to get paid - go figure.) While earning some dough for college is nice, you might want to take an unpaid internship if you’re struggling to land your dream internship. Competition – Unpaid internships are easier to get for one obvious reason: they have less competition.Related: How to Find an Internship in College One exception is paid remote internships, which may offer a little more flexibility. Paid internships, on the other hand, are more likely to require students to keep fixed hours. Employers who offer unpaid internships are generally more likely to work around your school schedule, which can be mega helpful for busy college students. Flexibility – One surprising perk of unpaid internships is that they tend to be more flexible in terms of your schedule.unpaid internships that you should know about before you accept an internship. However, there are a few important differences between paid vs. You, the intern, get to gain valuable work experience that can potentially help you map out a successful career path, while the employer gets to build a talent pipeline and scale their company with entry-level talent. The best internships - whether paid or unpaid - are win-win for both the intern and the employer. Depending on who you ask, youĬould get some surprisingly strong opinions on the topic. OK, so asking this question is a lot like asking people how they felt about the final season of Game of Thrones. If you’re under the age of 18, employers must be extra careful not to violate Child Labor Rules. When it comes to summer internships for high school students, the legal waters are even more muddied. For example, externships - which typically only last a few days - are generally more likely to be unpaid opportunities due to their shorter duration. This is determined by the DOL’s “ Primary Beneficiary Test ,” a seven-factor test that takes into account things like the duration of the internship. That means that, yes, unpaid internships are legal, so long as the intern is the “primary beneficiary” of the agreement. The only problem? Interns aren’t considered employees under the FLSA. Under the Fair Labor Standards Act (FLSA), employees must be paid at least minimum wage for their work. Department of Labor (DOL) laws, it can be pretty difficult for companies to get away with offering their interns zero compensation.ĭifficult, yes. Do Interns Get Paid? Not Always.įirst, some good news: The majority of internships offer some form of compensation, whether it’s an hourly wage, academic credit, or stipends to help cover living costs. unpaid internships, along with the benefits and drawbacks of both. Um, say what now? Are unpaid internships even legal? But while browsing internship listings, you may have come across a few that said they were “unpaid.” Of course, you probably know this, which is why you’ve been busy searching for internships that will give you the professional experience you need to land your first job after graduation. The reality is that many employers prefer job candidates who have experience under their belt before they graduate from college. These days, internships are all but required to launch a successful career.
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