Internships Fact Sheet

76% of employers indicate their primary purpose for sponsoring interns is to recruit entry-level talent.

53% of 2006 interns were converted to full-time.

83% of employers report higher retention rates for those new hires with internship experience versus those with none.

*A recent study by The Internship Institute demonstrated that a single intern supervisor can gain up to 225 full workdays of productivity annually by using their time to manage and mentor instead of doing everything themselves. The Herman Group has long touted internships as a way for organizations to create and reinforce a pipeline of able graduates. With the right program, interns will stay with the company upon graduation. While many companies have internship programs, the few that focus on quality of experience and intern retention enjoy the best returns on investment.