What is a reasonable salary for an internship? (2024)

This question is about business development internship salaries, social media internship salaries, and human resources internship salaries.

By

Zippia Team

- Nov. 10, 2021

A reasonable salary for an internship is typically around $15 an hour. However, this depends largely on industry and company. Fortunately, it is becoming less common for employers to have unpaid internships, so a person should find a paid internship regardless of their field.

The average hourly wage rate for a bachelor's degree intern is about $15 to $16. Generally, the closer to the terminal degree, the higher the internship wage. A college senior, for example, averages more than a student who just completed the freshman year: $18 versus $14 per hour.

The industry also influences what is to be expected in salary for an internship. Tech and finance industries typically pay much higher and offer added benefits to entice the best students available. This is partly because they intend to hire from their pool of interns and are willing to pay more to ensure good hiring prospects.

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