8 Reasons to Pay Your Interns This Summer

8 Reasons to Pay Your Interns This Summer

With so much focus on the impending changes to the FLSA overtime rules, it is important not to lose sight of the existing regulations and keep your organization in compliance with other areas of the law that sets the standards for so many areas of employee compensation practices. One area that is (fairly) straightforward per the existing FLSA regulations and is top of mind for many employers as we head towards the summer months is, of course, interns.

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Even More Reasons to Hire Interns & Recent Grads

According to the 2013 ERC/NOCHE Intern & Recent Graduate Pay Rates & Practices Survey 85% of employers with internship programs in place indicated that they will be either maintaining or expanding their programs in 2013. Organizations also report that 48% of their entry-level positions are filled using new college graduates. These numbers clearly demonstrate an ongoing commitment by Northeast Ohio organizations to building strong internship programs and bringing young graduates into their workforces. However, this year’s survey also reveals some unexpected opportunities and perks that further bolster the importance of hiring interns and recent grads from more of an organizational development perspective.

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