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Should You Work For Free?

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 Internships are an excellent way for college students to experience their careers before they even graduate. There are literally thousands of opportunities for internships. Choosing the right one can be a challenge.  hey may also find another opportunity with a company that may not be their first choice but it comes with a salary. Deciding between the two can be difficult.

Financial considerations

Every student has different goals for landing an internship. The primary goal is to gain hands-on experience in their field of study. Beyond this, there are factors to consider in deciding whether a paid or unpaid position best meets their needs. The first consideration is the student´s financial situation. If a student absolutely must earn income during the summer to help pay for tuition, a paid position is the best choice. Fortunately, there are plenty of well-paying internships available. According to Glassdoor.com, interns at the 25 best-paying companies earn an average monthly wage of between 4,000 and 6,000 euros. Students in high technology fields are fortunate because big companies like Microsoft, Google, Facebook, Yahoo, and Apple pay high salaries for fresh talent.

Career considerations

There is no question that making contacts at internship companies is important to establish relationships that will help students find jobs after graduation. Many good companies hire interns during the summer as a way of recruiting good talent. Some of these companies will state in their internship description the percentage of interns who are hired as full-time employees following graduation. They may even state that their goal is to establish a long-term working relationship with interns. In other words, they are looking for top talent to join their team.

Recent college graduates face unemployment of 8.8 percent, according to the Bureau of Labor Statistics. It´s not unusual for recent graduates to have trouble finding work and end up in jobs that don´t require a college degree. Students in more competitive fields will find it particularly tough to land their first job. Even if an internship does not pay a salary or stipend, students may want to consider an unpaid internship with a key organization in order to get their foot in the door and gain valuable experience that will separate them from other potential job candidates when it comes to looking for their first real job.

According to The National Association of Colleges and Employers, most students want a job with meaning and one that will offer them career growth. In order to meet that goal, students may want to seriously consider an unpaid internship if it is the perfect job in the best company. Taking an unpaid position, doing a great job throughout the internship, and making the right contacts and impressions along the way will result in long-term career benefits.

Of interest

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