Internships are a great way for students and recent graduates to gain experience in their chosen field. However, many people are curious about how much interns get paid in London. In this article, we’ll take a closer look at intern salaries in the UK capital.
Overview of Internships in London
Internships are a popular way for individuals to gain work experience and build their professional networks. They typically last between three and six months and can be paid or unpaid, depending on the employer.
Types of Internships
There are several types of internships available in London. These include:
- Graduate internships – these are aimed at recent graduates who are looking to gain experience in their chosen field.
- Placement year internships – these are typically offered by universities as part of a student’s degree programme.
- Summer internships – these are usually offered by companies during the summer months.
Internship Salaries in London
The amount that interns get paid in London varies depending on several factors including the type of internship, the industry, and the company. According to Glassdoor, the average salary for an intern in London is around £1,500 per month.
Paid vs Unpaid Internships
Paid internships tend to offer higher salaries than unpaid ones. However, it’s worth noting that unpaid internships can still be valuable as they provide experience and networking opportunities that can help individuals secure future employment.
Industry Differences
Salaries also vary depending on the industry. For example, interns working in finance or law tend to earn higher salaries than those working in creative industries such as marketing or journalism.
Company Size
The size of the company can also affect intern salaries. Larger companies tend to offer higher salaries than smaller ones.
Conclusion
In conclusion, intern salaries in London vary depending on several factors including the type of internship, industry, and company size. While paid internships tend to offer higher salaries than unpaid ones, both can be valuable in terms of gaining experience and building professional networks. If you’re considering an internship in London, it’s important to do your research and understand what you can expect in terms of salary.
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