Here are 35 internship statistics and facts, carefully chosen from various case studies, datasets, and trends data.

• General Internship Statistics
• Internship & COVID-19 Statistics
• Virtual Internships During the Pandemic Statistics
• Internship Pay & Benefits Statistics
• Diversity & Inclusion in Internships Statistics
• Conclusion

General Internship Statistics

1. Internship Participation and Trends

• Since 2013, 60% of students have participated in internships or co-op programs (Chegg, 2019)
• Over 50% of students undergo multiple internships (Chegg, 2019)
• 31% of student interns start their internships after graduating from college (Chegg, 2019)
• Corporate intern recruitment begins eight months before the internship starts (National Association of Colleges and Employers, 2019)
• Approximately 300,000 students participate in internships in the United States annually (Fast Company, 2019)

2. Internship Completion Rates

Internship & COVID-19 Statistics

1. Impact of COVID-19 on Internship Programs

• 75% of employers made at least one change in their internship programs (CNBC, 2020)
• 64% of businesses canceled their internship programs, with 64% not compensating interns (CNBC, 2020)
• 85% of students will not include canceled internships on their resumes (Yello, 2019)
• 35% of students were informed that their summer internships in 2020 would be canceled (TechRepublic, 2020)
• 53.2% of graduating interns who applied for full-time positions received at least one job offer (College Recruiter, 2019)
• 4.4% of companies revoked their internship offers due to the COVID-19 pandemic (National Association of Colleges and Employers, 2020)
• 35% to 41% of companies shortened the length of their internship programs due to the pandemic (National Association of Colleges and Employers, 2020)

2. Impact on Internship Importance

• 46.2% of students see internships as more important due to the pandemic, while 21% view them as less important (Remote Internships, 2020)
• 32.7% of students state that the pandemic did not affect the importance of internships (Remote Internships, 2020)
• 21% of students believe that the pandemic has rendered internships less important (Remote Internships, 2020)

Virtual Internships During the Pandemic Statistics

1. Adoption and Preferences

• 40% of businesses shifted to virtual internships during the pandemic (CNBC, 2020)
• 84% of students expressed willingness to participate in remote internships (HR DIVE, 2010)
• 67% of students who participated in virtual internships desired daily check-ins with managers (Yello, 2020)

2. Concerns and Preferences

• 22% of virtual interns were worried about the quality of their experience (Yello, 2020)
• 12% of virtual interns expressed concern about proving their readiness for full-time roles (Yello, 2020)
• 4% of virtual interns were relieved that they didn’t need to travel due to the pandemic (Yello, 2020)

3. Communication Preferences

• 40% of virtual interns preferred 5- to 10-minute check-ins with hiring managers (Yello, 2020)
• 30% of virtual interns preferred weekly, 30- to 60-minute check-ins with managers (TechRepublic, 2020)
• 30% of virtual interns preferred weekly video conferencing with managers (Yello, 2020)

Internship Pay & Benefits Statistics

1. Compensation and Benefits

• Companies offering interns planned social activities and paid holidays: 81.7% (National Association of Colleges and Employers, 2019)
• Median monthly salaries: Boeing Co. – $4,167, Dell – $4,333, Microsoft – $7,250, Google – $7,500 (Business Insider, 2019)
• 59.4% of companies provide relocation assistance to interns (National Association of Colleges and Employers, 2019)

2. Internship Compensation and Success Rates

• Paid interns are 34% more likely to receive at least one job offer after graduation (College Recruiter, 2019)
• Students without internship experience receive 16% fewer job offers (College Recruiter, 2019)

Diversity & Inclusion in Internships Statistics

1. Representation

• Female interns in STEM: 37% (National Association of Colleges and Employers, 2019)
• Hispanic or Latino interns: 16.9% (National Association of Colleges and Employers, 2019)
• Black or African American interns: 13.6% (National Association of Colleges and Employers, 2019)

2. Inclusivity

• 67.3% of companies have internship programs focused on underrepresented populations (National Association of Colleges and Employers, 2019)
• Companies using diverse teams as part of intern recruitment: 66.4% (National Association of Colleges and Employers, 2019)
• Companies with diversity goals for intern recruitment: 57.8% (National Association of Colleges and Employers, 2019)

Conclusion

Internships play a vital role in shaping students’ professional journeys, enriching their skill sets, and boosting their employability. The landscape of internships has transformed due to the COVID-19 pandemic, leading to a surge in virtual internship opportunities.

Businesses are actively adjusting to this new norm, focusing on ensuring the quality of virtual experiences and aligning with interns’ communication preferences.

Despite the resilience demonstrated by internship programs in the face of challenges, there remains a pressing need to prioritize inclusivity and diversity within these platforms. 

By actively working towards enhancing representation and fostering inclusivity, not only do individual interns benefit, but industries as a whole stand to gain from increased growth and innovation.

In essence, successfully navigating the internship terrain requires acknowledging and adapting to evolving trends, while also creating an environment that fosters meaningful and inclusive experiences for all interns.