States Where Interns Can Make the Most Money – Darlinez News.

Hizou

3 years ago

[ad&lowbar;1] &NewLine;&NewLine;<div>&NewLine;A majority of employers end up offering full-time jobs to their interns, according to a survey by the National Association of Colleges and Employers&period; In fact, about 70&percnt; of interns land a job with their employer after their internship&period; Major companies including General Electric, Lockheed Martin, Goldman Sachs, IBM, NBCUniversal, and all of the Big Four accounting firms are known to hire a large percentage of their staff directly from their pool of interns&period;&NewLine;Depending on the target industry, an internship could be a crucial step in landing a job, especially for those fresh out of college&period; However, the financial viability of interning can be a gamble, as internships tend to vary wildly in their pay rates – with many offering little or no compensation&period; (Here are the highest paying jobs you can get without a college degree&period;)&NewLine;To compile a list of the states with the best paid internships, 24/7 Tempo reviewed a recently released report by CashNetUSAan online lender, which analyzed internship salary data of more than 100 industries across all 50 states&period; To calculate the percentage of unpaid internships in each state, CashNetUSA consulted Chegg Internships to determine the number of disclosed paid, unpaid, and co-op listings, then divided the number of unpaid listings by the sum of the total listings&period; (Co-op listings are those that grant school credit&period;) Internship data is as of August 2022&period; &NewLine;Average hourly pay for paid internships in each state was sourced from the career-search website zippy&period; Internships that were fully remote and for which the pay conditions were not specified were excluded&period; Data on household income, median gross rent, and bachelor’s degree attainment came from the U&period;S&period; Census Bureau’s 2021 American Community Survey&period; &NewLine;Tech internships often pay higher wages than other industries, with an average rate of &dollar;19&period;77 per hour&semi; and interns in states with large tech industries like Washington and California tend to make much higher wages&period; Connecticut, which is a center of aerospace manufacturing, software development, and finance, also offers internships with great compensation&period;&NewLine;Click here to see the states where interns can make the most money&NewLine;After tech, the finance industry offers the second highest-paying internships, with an average hourly rate of &dollar;18&period;10&period; However, finance is also the industry with the highest percentage of unpaid internships, with 30&percnt; offering no compensation&period; &NewLine;The states with the highest percentage of unpaid internships – Delaware, New York, Oregon, New Jersey, and California – tend to have higher rents as well as higher bachelor’s degree attainment&period; On the other hand, states with the lowest paying internships, including Wyoming, New Mexico, Louisiana, and Alabama tend to also have lower rents, lower household incomes, and lower bachelor’s attainment&period; (These are 18 states where Americans make the least money&period;)&NewLine;&Tab;&Tab;&Tab;&Tab;<&excl;-- &num;post-footer--></div>&NewLine;