Confidence Motivates Interns / WORK FORCE
81
Median starting salaries for first non-internship jobs Salary
$20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000
$0 1996 1998 2000 2002 Year Median starting salary without internship Median starting salary with internship 2004 2006 2008 2010
salaries in their first year after their internship that were 26% higher than the starting salaries of individuals who opted not to complete an internship. This calculation has a 95% confi-
dence interval of 11%–42% increase in starting salary (statistical calculations provided by Dr. Dottie Brown, Univer- sity of Pennsylvania); however, addi- tional research and analysis are needed to understand the implications of this finding fully. Unfortunately, the post-internship
salary boost of 26% does not make up in the short term for the approximately $40,000 in foregone earnings during the internship year. In 2009, the aver- age starting salary of a new graduate in private practice was $65,000 compared with the average salary of those pursu- ing an advanced education of $25,000.1 Combined earnings for the first 2 years would still appear to favor those
AAHA Business Insurance Program
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Call the AAHA Business Insurance Program today at 866-380-2242 for an evaluation.
Broker and Consultant: HUB International Midwest Limited, HUB International Midwest Insurance Agency (CA)
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