Maximizing the Value of Internships: Advice From Employers

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Summary
In collaboration with UpSkill America at the Aspen Institute
The benefits of internship programs for learners are well-documented, and many employers recognize the value of internships as a source of talent. However, much of the existing evidence about the value of internships focuses on individual outcomes or isolated metrics, offering employers limited guidance on how they can use internships programs as strategic business investments.
To better understand how internships create value for employers and how that value can be strengthened and sustained, Strada Education Foundation and UpSkill America at the Aspen Institute conducted interviews with 40 employers representing a range of sizes, industries, and geographies. These interviews explored how employers leverage internships to address persistent business problems; define and measure program effectiveness relative to investments, and create the organizational conditions needed for success and sustainability.
This report draws on those insights, to provide actionable guidance for talent acquisition, learning and development, human resources, and workforce strategy leaders. It is designed for employers who already see internships as valuable, but who are seeking clearer frameworks, stronger alignment to business priorities, and more consistent ways to articulate and measure program value. The report also features an Internship Value Chain and four Employer Spotlights that showcase how some companies are using internship programs to create value.
Key findings
Effective internship programs have clear learning and performance outcomes and provide consistent supervision and structured evaluation for interns.
Effective internship programs are operated under clear lines of responsibility and governance and work across organizations, with opportunities for interns and their contributions to be seen by leaders.
Employers who were most enthusiastic about their program’s effectiveness saw internships as contributing to the bottom line and solving business problems, and they knew how internships were driving metrics they cared about like retention, promotion, and time to productivity.
Almost every employer we interviewed named executive sponsorship and advocacy, and integration of internships across their organizations, as keys to effective programming.
In some cases, businesses cited working closely with intermediary and public partners, including states and local connectors, as vital to maximizing outcomes.
Four employer spotlights:
Throughout the report four employers share insights into how they created sustainable internship programs that have long-term impacts, create value for the company and their interns, and support their local talent pipeline. Explore the four employer interviews and stories below.







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