Most Internships Suck, Firm Says
According to consulting firm J-Intersect, only 5 percent of the quarter-million internships offered in the U.S. each year meet “global benchmark standards.”
Those top internships offer hours of formal training to their interns and spend more per intern. And 60 percent of interns in those programs go on to work at that company.
In contrast, the lower-performing internships only convert 15 percent of interns to hires.
According to the study, General Electric, Goldman Sachs, and KPMG (audit/tax services) have the best internships.
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