Length of Internships, Pay, Benefits, and Perks
The typical length of an internship is 6-9 months; however,
20% indicated that the length of their internships was negotiable. On average,
interns are paid between $18 and $20/hour (external consulting positions pay
$18-$20/hour, while the average hourly pay for internal consulting positions is
$21-$23). Of those who responded, ten indicated that their internships were
unpaid, and four pay their interns $27/hour or more.
The average number of hours that interns are expected to
work each week is approximately 20-25 (external consulting internships average
between 20-25 hours/week while internal consulting internships average 25-30
hours); however, the two most frequent responses were 15-20 hours and 35-40
hours with 19% of respondents selecting each, a result that may reflect the
availability of full and part-time internships.
Additionally, interns with educational backgrounds in I/O
psychology tend to make a slightly higher hourly wage than interns with other
educational backgrounds but they also tend to work more hours (35-40
Thirty-three respondents indicated that they provide
interns with benefits and other
perks. Most frequently these organizations provide health (medical and in
some cases, dental) insurance (33% of those commenting), pay for all or part of
expenses related to SIOP, including dues and travel to the annual conference
(30%), and/or provide various training opportunities, such as project management
courses (24%). A few organizations pay for parking and relocation, and some
offer paid vacation days and flex time. Of particular interest to graduate
students, three organizations specifically indicated that interns would have the
opportunity to gather data for their thesis either during or after the
internship; several even offer tuition reimbursement.
Roughly 29% of the respondents indicated that qualified
interns are likely to be offered a permanent position at the end of their
does this mean for internship seekers?
The average hourly wage for interns is approximately $19/hour. The number of
hours you will be expected to work will depend on if the internship is full or
part-time. While internal positions offer slightly more pay, you may also be
expected to work more hours per week. The length of the internship is negotiable
in some cases but on average will be 6-9 months.
I-O Internships Table
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