Intern, New Graduate and Pay Administration Study

Radford McLagan Compensation Database

Intern, New Graduate and Pay Administration Study

Contact us to learn more about participating in the Radford McLagan Compensation Database.

Talk to Our Team

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 McLagan 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 McLagan 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:

  • 1200+

    Intern/New Graduate Participants

  • 1200+

    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
Sample Radford McLagan Compensation Database Outputs

Sample Market Practice Studies Reports and Outputs

Source: Radford McLagan Compensation Database

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 McLagan Compensation Database participants. All clients are automatically invited to submit data once a year via an online questionnaire posted on the Human Capital Analytics platform. To check on your company's submission status, while signed into Human Capital Analytics, click on the Participate tab and navigate to the Submit Market Practice Studies Data page and look for the "Intern/New Graduate" and “Pay Admin” tiles.

Pricing

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