What You Need to Know About Intern Compensation
To pay or not to pay, that is the question.
And we’ve got the answer.
Compensating an intern may be hard for your cash-strapped organization, but in many ways, it’s more than worth it. Statistics show it’s better for their careers in the long run—and recent lawsuits show it’s better for your company, too. Plus, you can be sure your paid interns will be excited and ready to work when they know that a paycheck is coming.
Still need convincing? Below is everything you need to know about intern compensation (and a few non-monetary perks you can offer to sweeten the deal, too).
Infographic courtesy of Intern Match. Photo of money courtesy of Shutterstock.
Lily is a writer, editor, and social media manager, as well as co-founder of The Prospect, the world’s largest student-run college access organization. In addition to her writing with The Muse, she also serves as an editor at HelloFlo and Her Campus. Recently, she was named one of Glamour’s Top 10 College Women for her work helping underserved youth get into college. You can follow Lily on Twitter.More from this Author