A study from the National Association of Colleges and Employers (NACE) shows that employers expect to hire more college students for summer internships this year.
Employers taking part in NACE's 2012 Internship and Co-op Survey report plans to increase internship hires by 8.5% over last year. Nearly all expect to pay their interns.
Overall, responding organizations expect to pay bachelor's degree level interns an average of $16.21 per hours. That's down slightly from the 2011 average of $16.68.
A separate study by NACE found that internship programs are an effective tool for feeding full-time hiring efforts. In NACE's 2011 Student Survey, nearly 90% of students who took part in internships said they would accept an offer of a full-time job from their internship employer.
The same study also found that paid internships correlate to better job-search success for college students. Paid interns were more likely to get a job offer, have a job in hand by the time they graduated, and receive a higher starting salary than their peers who took part in an unpaid internship or no internship at all.