Internships in industries are part of many college curriculum.
How important are these to build your career. The first reason is employability. Most of the employers look for industrial experience. Even colleges provide higher credits for internships. They also help the student in making a choice of the right industry for them.
Interns are recruited through job fairs and campus placements. Depending on the college year they are in, interns are paid any where between $14 -$18 per hour. Top-paid interns are: engineering and computer/IT interns. Physical, Math and Health Sciences interns come next.
Some of the popular benefits offered to interns are: paid holidays, monetary benefits for work term and planned social activities. Paid internships are considered more useful than unpaid.
Finally, interns have the chance of getting permanent employment with the company and their attrition rates are very high.