New LinkedIn Data: Internships Are Really, Really Worth It (2024)

Interns are almost 25% more likely than non-interns to start a full-time position within 6 months of graduation.

When you think of internships, what comes to mind? For many, it’s the stereotype of the overworked, unpaid intern bringing coffee and performing other mundane tasks that have little to do with their chosen field. But today, a strategic internship can be so much more than that—and offer quantifiable benefits that can last long into your career.

New LinkedIn data has found that interns are almost 25% more likely than non-interns to start a full-time position within 6 months of graduation. In today’s competitive job market, that’s a big plus. “To stand out from the competition, job seekers should be looking for anything that would give them a leg up—and internships are proving to offer a real competitive edge,” says Andrew Seaman, LinkedIn News Senior Managing Editor for Jobs & Career Development.

Seaman, who also authors the weekly Get Hired newsletter and podcast, believes more young people should pursue internship opportunities. “Even if an intern doesn’t end up staying at the company where they interned, there’s tremendous value in this experience when we think about the professional connections made through an internship,” he says.

Sara Rahmani, Vice President of People Experience & DEI at Chronus, believes this is especially true today. “With most entry-level jobs now requiring several years of experience, internships are becoming critical for success in finding a desirable full-time job,” she says.

MORE FROMFORBES ADVISOR

Best High-Yield Savings Accounts Of 2024ByKevin PayneContributor
Best 5% Interest Savings Accounts of 2024ByCassidy HortonContributor

I recently interviewed Seaman and Rahmani on the state of internships in 2024 and why they can give your career such a boost. Here’s what we discussed.

How to Find an Internship

One of the biggest barriers to young people pursuing internships is often simply not knowing where or how to look. How do you find the right opportunity?

First, Seaman advises that students should first spend time thinking about what they want to be doing, as well as what they want to get out of the experience. Those seeking an internship should:

  • Choose wisely. “You want to choose an internship that aligns with long-term career objectives or provides exposure to a field of interest,” Seaman says.
  • Seek practical opportunities. “Look for internships that offer mentorship and training,” says Seaman, “as well as opportunities to work on real projects to gain hands-on experience.”
  • Check the fit. “Understanding the company culture will help determine if an opportunity is the right fit for a professional’s working style and personal growth,” says Seaman. “84% of Gen Z say that cultural compatibility with the company they work for is essential.”
  • Align your values. Seaman says company pages on LinkedIn can offer clues as to whether the company’s commitments and values align with your own. “Use LinkedIn’s Job Collections and Preferences features to find values-matched opportunities, for example those offering flexible work, or companies with a commitment to diversity or sustainability,” he says.

Seaman notes that LinkedIn currently shows 75k internship roles open across the U.S. “When applying to these, keep in mind that timing is important,” he says. “Summer internships are the most common and there are some sweet spots timing-wise—start applying in early fall for specialized job functions like accounting, finance and engineering, or in January/early spring for roles in consulting, business development or marketing.”

Rahmani adds that college students can often find good opportunities through their college’s career center and alumni networks. “Many will have connections to companies that are hiring summer interns and could be valuable in helping someone get their foot in the door,” she says.

Students should also take a look at their current network. “While young people may think they don’t have a ton of connections or experience, they actually have a wide range of people they can tap to find opportunities or introduce them to people in their field of interest, including classmates and teachers, parents and family friends, volunteer coordinators or bosses from a summer job,” Seaman says.

Unpaid Internships: Yea or Nay?

While many internships today are now paid, there are still unpaid internships available that you may consider. “Many students won't be able to accept an unpaid internship that often includes a cost for commuting in addition to time spent working without a salary,” says Seaman. “But there are some internship scholarships that students can apply for that will give them a stipend.”

Seaman does believe that unpaid internships can be a viable option, though generally they should be approached as a last resort. “Regardless of if an internship is paid or not, interns will gain a ton of learning experience and connections that can help further their career,” he says.

In the end, you will need to weigh all your factors to determine if an unpaid internship makes sense for your career. “It really comes down to their personal situation and if they are able to take an unpaid offer,” says Seaman.

Making the Most of an Internship Opportunity

If you’ve already landed a great internship, congratulations! No doubt you want to make the most of this opportunity, and Seaman has some advice to do that. “Interns should make sure to talk to their coworkers, both for networking reasons and to learn about their daily roles, and set up 1:1 time with their boss to get their advice on where they want their career to go,” he says.

“Since LinkedIn members are 4x more likely to get a job at a company where they already have a connection, the relationships made during an internship can be incredibly fruitful when looking for a full-time job.”

Additionally, interns should also be open to working in different areas of the business, as they may discover an aptitude for something that they hadn’t considered before. “For example, if they’re a marketing intern but the sales department needs help on a task, they should raise their hand to help so they can get a wide variety of experiences,” says Seaman.

Finally, young people should be open to taking an internship in a different industry than they think they may want to work post-grad. “They may end up loving it, or learning they aren’t actually interested in that field,” says Seaman. “We know from this year’s Guide to Kickstarting Your Career that certain industries are hiring more entry-level talent than others—Education, Government Administration, and Construction are some of the fastest growing industries for career starters—so keeping an open mind and trying out different industries could open up a world of opportunity.”

After the Internship

After the internship, it’s worth taking time to reflect on what you learned and how it translates to your next role. “Interns should make sure to show off the skills they learned from the experience, as well as other in-demand skills, as this can increase their chances of being hired after the internship,” says Seaman.

Rahmani agrees. “It’s great to list you were a finance or marketing intern at a household name brand, but what’s more powerful is the knowledge and interactions you gained from it,” she says. “The opportunity to learn from someone directly, to observe how they navigate challenges, and to be able to have an open dialogue about their career path–what led them to where they are now–can shape an intern’s perspective on their career journey.”

One example of an area to focus on is AI skills. “71% of global business leaders would rather hire a less experienced candidate with AI skills than a more experienced candidate who lacks them,” says Seaman. “So spend some time learning about AI.”

While learning AI skills can give job seekers an edge, Seaman also notes that people skills (also known as power skills, soft skills and professional skills) are becoming even more important in the age of AI. That’s why it’s vital to build on the professional skills you gained from the internship as you take the next step in your career.

Internships have come a long way from the thankless, coffee-fetching stereotype. Today, they can jumpstart your career in countless ways. “Overall, internships are powerful in making sure people are set up for success in their job search, have relevant skills and experience before entering the workforce full-time, and understand more about the industry and what it takes to be successful,” says Rahmani.

Bottom line: Internships are worth the effort of seeking out—and making the most of when you land the one that’s right for you.

New LinkedIn Data: Internships Are Really, Really Worth It (2024)
Top Articles
Latest Posts
Article information

Author: Maia Crooks Jr

Last Updated:

Views: 6250

Rating: 4.2 / 5 (63 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Maia Crooks Jr

Birthday: 1997-09-21

Address: 93119 Joseph Street, Peggyfurt, NC 11582

Phone: +2983088926881

Job: Principal Design Liaison

Hobby: Web surfing, Skiing, role-playing games, Sketching, Polo, Sewing, Genealogy

Introduction: My name is Maia Crooks Jr, I am a homely, joyous, shiny, successful, hilarious, thoughtful, joyous person who loves writing and wants to share my knowledge and understanding with you.