Intern, New Graduate and Pay Administration Study

As companies begin to grapple with the long-term implications of global skills gaps and labor shortages, the emphasis on intern and new graduate hiring, along with effective pay administration across different locations and working models, has never been higher. Our annual study provides Radford Global Compensation Database participants with the insights they need to ensure they remain a destination of choice for the next generation of talent.


Study Scope

By making our entire suite of market practice studies automatically available to Radford Global Compensation Database participants, and complimentary to everyone who provides a complete and timely submission, we’ve maximized our data collection efforts. Our most recent Intern, New Graduate and Pay Administration Study includes:

1,200+

Intern/New Graduate Participants

1,200+

Pay Administration
Participants

12

Surveyed
Countries

Covered Practices

Our Intern, New Graduate and Pay Administration Study covers the following key market practices:
 

Intern and New Graduate Policies
  • Hiring plans for interns and new graduates
  • Pay rates by role and level of education
  • Recruitment
  • Sign-on bonus practices
Pay Administration Policies
  • Use of skills based pay/degree requirements
  • Compensation philosophy
  • Pay transparency
  • Salary grades and ranges
  • Geo-differential pay policies
  • Sign-on bonus practices

Timing

Our Intern, New Graduate and Pay Administration Study is conducted once a year with the following general schedule:

  • Data collection opens — February 2024
  • Data collection closes — Initial due date May 2024; Data collection will continue through October 2024
  • Results published — July 2024

Results

Results for the Intern, New Graduate and Pay Administration Study are provided in a PDF format. Separate reports are created for intern and new graduate practices and pay administration practices. All global reports include data for as many countries as possible where there is enough information to publish results


Eligibility

Access to the Intern, New Graduate and Pay Administration Study is limited to Radford Global Compensation Database participants. All clients are automatically invited to submit data once a year via two online questionnaires posted on the Radford Network®. To check on your company's submission status, visit the input page on the Radford Network and look for the "Intern/New Graduate" and "Pay Admin" tiles.


Pricing

All Radford Global Compensation Database participants who provide a complete and timely submission to the Intern, New Graduate and Pay Administration Study will receive a complimentary copy of overall study results at the time of publication. Custom peer group analysis can be purchased separately at additional cost.

Radford Global Compensation Database participants who do not submit information to this study can purchase overall study results for a fee at the time of publication.

Participation in the Radford Global Compensation Database is required to join this study. To learn more about your survey participation options, click here.

 



Talk to an Expert

Let us know how market practice insights can help and a member of our team will be in touch shortly.

Radford and other Aon group companies will use your personal information to contact you from time to time about other products, services and events that we feel may be of interest to you. All personal information is collected and used in accordance with our privacy statement.

If you do not wish to receive these communications, please check here: