Smart SpendingSmart Spending

Internships aren't just for the young

Unemployed older workers can't find jobs, so they're applying for internships and competing with college students.

By Stacy Johnson Aug 24, 2010 6:56PM

This post comes from Michael Koretzky at partner site Money Talks News.

 

Internships aren't just for college students anymore, as older workers who have been laid off -- or are seeking a midlife career change -- apply for what were once considered entry-level positions.

A new survey by the employment website CareerBuilder shows that 23% of employers are seeing more applications from "experienced workers" (those with 10-plus years of experience) and "mature workers" (those over 50 years old).

 

It's no surprise that, as the economy struggles, employers are also planning to hire more interns than ever. The survey shows 27% of employers plan to hire more interns during the rest of 2010 and, of those, 14% are offering paid internships. Post continues after video.

"The last 18 months have reshaped internships as more than an experience-builder for college students," says Rosemary Haefner, CareerBuilder's vice president of human resources. "Now they're also a way for experienced workers to explore new opportunities."

 

And what tasks will those interns be expected to do? The survey of 2,500 employers reveals:

  • Hands-on experience related to their goals -- 73%.
  • Office support -- 52%.
  • Working with customers -- 35%.
  • Running errands -- 23%.
  • Office maintenance -- 19%.

Especially with all the doubt about an economic recovery, employers are nervous about adding to their payrolls even as business picks up. As Haefner puts it:

Internships can act as an extended, full-time job interview and potentially lead to more opportunities for college students and for more seasoned employees. In fact, 52% of companies we surveyed said they are likely to hire interns as full-time, permanent employees.

Whatever your age, Haefner offered this advice if you're seeking an internship:

  • Get connected. Ask family and friends if they know anyone who works in the field you're interested in.
  • If you think you'll have time to do an internship in the fall, start looking now. Visit sites like CareerRookie.com for internship listings.
  • Be open to a variety of different organizations, such as local charities or even small startups. Organizations with limited budgets are especially receptive to the extra help an intern provides.

More from Money Talks News and MSN Money:

0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

ABOUT SMART SPENDING

Smart Spending brings you the best money-saving tips from MSN Money and the rest of the Web. Join the conversation on Facebook and follow us on Twitter.

VIDEO ON MSN MONEY

TOOLS

More