According to a research paper from the University of Essex, graduates who take up unpaid internships suffer a significant salary penalty compared to those going straight into paid work or further study.
General manager at Isilumko Staffing, Aslam Galant, says that seems to be changing a little bit as companies are now willing to pay stipends/allowances to graduates in an internship program.
Companies are really coming to the party in advancing this concept of internships, purely because it gives the person an opportunity to gain the practical exposure and experience.— Aslam Galant, General manager at Isilumko Staffing
Secondly, it gives the organisation an opportunity to look at the intern to see if that would be the person with potential to bring into the business.— Aslam Galant, General manager at Isilumko Staffing
Listen to the rest of the interview below: