Letting interns go unpaid may soon be a thing of the past. Today’s interns aren’t just faced with needing a high level of experience to enter a slow job market — thanks to student loan debt, they’re also more cash-strapped than ever before.
While paid internships may be rising in popularity, they’re still not the norm in today’s workforce. In fact, 36.9 percent of companies still offer unpaid internships or internships that pay less than minimum wage. Unpaid internships aren’t just damaging your reputation and deterring a slew of potential intern candidates — they may also land you in court.
The following infographic, compiled by InternMatch, an online platform connecting the best intern candidates and employers, showcases why it’s important to pay your interns. Here are some highlights:
[Click image for full size version]
Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.