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Access to and Returns from Unpaid Graduate Internships

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  • Holford, Angus J.

    () (University of Essex)

Abstract

We use the Destination of Leavers from Higher Education Survey (DLHE) to estimate the socio-economic gradient in access to unpaid internships among English and Welsh graduates six months after completing their first degree, and the return to this internship experience 3 years later in terms of salary, occupation, contract type and career satisfaction. We show a significant salary penalty at 3.5 years after graduation compared with those going straight into paid work or further study, but also that graduates from higher socio-economic status have an advantage in accessing internships while being significantly insulated from their negative effects.

Suggested Citation

  • Holford, Angus J., 2017. "Access to and Returns from Unpaid Graduate Internships," IZA Discussion Papers 10845, Institute for the Study of Labor (IZA).
  • Handle: RePEc:iza:izadps:dp10845
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    More about this item

    Keywords

    higher education; internships; human capital; job satisfaction;

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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