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Other names for the document:
Internship agreement with stipend
Internship confidentiality agreement
Internship form template
Internship agreement between university and company
College internship contracts
Paid internship agreement california
Internship contract meaning
Internship agreement letter template
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Do interns need a contract?
Interns and employees enjoy different legal protection. For example, an intern is neither protected against dismissal nor entitled to minimum wage. However, sometimes an internship agreement can be regarded as an employment contract and thus the intern will be protected as an employee.
Do internships give salary?
First, yes it is (i.e. to learn is the primary objective) which is why internships offer a stipend and not a salary. And as long as an internship covers basic expenses, we always recommend students to go for the one which would offer more learning (even if the stipend is lower) and students often make such choices.
What should an intern be paid?
A recent internship survey from the National Association of Colleges and Employers (NACE) offers some insight into what employers are paying interns for their work. The average hourly wage rate for a bachelor's degree intern is $16.26. Generally, the closer to the terminal degree, the higher the internship wage.
What is meant by paid internship?
Paid internships differ from unpaid internships in terms of workload and flexibility. If you are being paid for an internship, you may be treated more like an employee. You are more obligated to do whatever work is assigned to you no matter how tedious and repetitive it may be.