SCARCE JOBS FOR UNPAID INTERNS
A survey by the National Association of Colleges and Employers found that unpaid interns are much less likely to get a full time job than paid interns. Whereas unpaid interns get offers approximately 44% of the time, paid interns get job offers 72% of the time. Ross Eisenbrey, vice president at the Economic Policy Institute, a Washington research group, says the reasoning behind this lies in the value of services rendered. Employers tend to believe that paid internships result in more valuable work being performed. In terms of starting salary, unpaid interns generally get full time jobs with salaries of approximately $34,000 whereas paid interns get those with a salary of about $53,000. Eisenbrey went on to say that unpaid interns would be willing to work for a lot less than paid interns.