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Paid Internships

PAID INTERNSHIPS

Internships are activities aimed at improving the professional skills and training of students or young graduates. Internships are a golden opportunity to gain on-the job experience for those tasks that students and recent graduates have not yet managed to obtain and aids with the candidate’s entry into the workforce.

This opportunity also helps interns gain direct access to the staff of a company. If the students or recent graduates are able to show their worth and adapt to the company’s ways of working, it is possible that their managers will consider their possible incorporation into their workforce, or an extension of the contract.

There are several types of internships depending on the conditions offered to candidates, which can be divided into:

· Paid internships: Contracting companies offer those young people undertaking an internship a salary or financial aid so they can support themselves for the duration of their time at the company. In this case, the inexperienced intern receives training in exchange for services that benefit the company.

· Unpaid scholarships or volunteering: Sometimes, there are organisations that offer candidates training and learning in exchange for their future incorporation at the organisation. 

That is, this type of experience should prepare the university student for a specific position in particular, and the organisation intends for this knowledge to be useful when joining the business or to gain experience, and will enable the student to get their first job in the future. Internships undertaken at non-profit organizations are included in this group.

Types of internships by duration:

There are internships of different types depending on how long the candidate will work at the company. This is usually adapted to student schedules and the objectives of these internships may vary.

· Part-time: This type of contract is offered to university students who are still pursuing their degree and need the internships to be compatible with their studies. The aim of these internships are often to provide support to certain departments of the company or to train students, to later identify the best talent and be able to incorporate them into their workforce after this period.

· Full-time: Full-time paid internships are usually offered to students in their final year who can reconcile their remaining course load (EOG projects, smaller course load), etc. with the internship. These types of internships can also be accessed by recent graduates or students with little experience who wish to enter the labour market through this type of experience. It is possible that, in many types of studies, especially postgraduate studies, the required time for paid internships at any given company is one year after the completion of schooling. This allows university students to have greater access to the labour market.

The remuneration is usually higher in this case, as the practices occupy 100% of the candidate's work time.


Paid internships on bewanted.com

BeWanted offers paid internships to university students registered on the platform. We understand that all work and effort on the part of young people should have financial compensation to prove their worth and to recognize their commitment.

BeWanted also provides access to unpaid internships when registered students request so on the configuration panel. It is necessary to check this box to have access to this type of offer.

Types of paid internship contracts:

· Internship Contract: This is a purely formative experience, offered in accordance with the candidate's level of qualifications. In this case, a professional certificate is requested, such as a college degree or vocational training diplomas. The tasks to be performed will always be related to the candidate's training, serving to complete their theoretical experience.

This type of contract lasts between 6 months and 2 years. It can never be shorter and there are no age limitations with this type of contract.

The remuneration of this type of contract is reliant on the collective agreement depending on the job position and education level, but remuneration can never be below minimum wage levels. The intern, working under this type of contract, will be entitled to unemployment benefits.

· Scholarship Contract: Scholarship holders are not considered workers as they are not governed by their statute, and are always linked to an Institution through a collaboration agreement between the institution and the company.

Scholarships are part of the Curriculum of the Degree and can be curricular or extracurricular. As they are linked to the University or Centre of Studies, students are always mentored by a representative of the company to guide the training of the university student.

The agreement between the company and the university will set the schedule, remuneration or study grants.

· Training Contract: The intern puts into practice all the tasks that must be learned in order to become a professional in a particular job or task. This type of contract can only be accessed by candidates who do not have a professional certificate or degree.

Although there are exceptions, only young people up to the age of 25 (depending on the unemployment rate) can opt into these contracts, and the duration of the chosen contract must range from 1 – 3 years.

As for pay, this aspect is governed under the same rules as an internship contract: wages are dependant upon the collective agreement, without it ever being under minimum wage levels. The intern is entitled to unemployment benefits as part of this type of contract.

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