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Current Benchmarks: Average Intern Wage Rates

Spotlight Online for Employment and Recruiting Professionals, March 17, 2010

The average hourly wage rate for interns at the bachelor's degree level has essentially remained unchanged, while that for master’s degree students has jumped nearly 5 percent, according to results of NACE’s 2010 Internship Survey

This year, the average rate for bachelor’s degree student interns is $17 per hour, a decrease of 0.8 percent from last year’s average of $17.13.  

The top average hourly rates by major for bachelor’s degree student interns are: 

  • Actuarial science—$20.26
  • Mathematics—$19.02
  • Statistics—$19.02
  • Engineering—$18.31
  • Computer science—$18.20
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Meanwhile, the 2010 average hourly wage rate for master’s degree student interns is $24.29. This represents an increase of 4.8 percent over last year’s average rate of $23.18. 

NACE’s 2010 Internship Survey ran from January 11 through February 26, and 235 employers responded. The survey report will be available this spring.

 


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