Managing a construction project—developing or remodeling a residential or commercial space— is a stressful job. There are several essential things to consider to proceed with the project, such as…continue reading
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What Is an Internship Contract?
An internship contract is an agreement between a company and an intern, or trainee. It is a written and often binding document that is quite different from a regular employment contract.
According to an online article by The Balance Careers, internships are not created equal. And there are several types of internships that a person or student can pursue. These can either be in the private or public sector, it may last just a couple of weeks or extend for up to a year. The seven types of internships listed in the article are: paid internships, internships for credit, non profit internships, summer internships, service learning, co-operative education, and externship.
Sample Terms in an Internship Contract
Like any contract, an internship contract should always contain terms and conditions. The following are examples of stipulations you will normally find in an internship contract:
Workplace Tips for Interns
Being an intern may seem like an easy job on the surface, but the experience is no different from starting any new job. It takes some time to adjust, learn the ropes, and figure out the flow of work. The tips below are just some ways to help you thrive in your internship journey.
How to Create an Internship Contract
If convenience is what you’re after, using an existing template is the most practical choice. If not, you can also opt to create an internship contract from scratch. Just make sure to keep the following steps in mind:
Step 1: Names of Parties
All contracts must contain the complete names of the parties partaking in the agreement. In this case, indicate the full name of the student or trainee as well as the company that is sponsoring the internship program. You also have the option to include their complete addresses. As an introduction, you can include basic information such as the date the agreement was made or its effectivity; and also the duration of the internship. Numbers and figures should clearly be stated.
Step 2: Description of Duties
A basic contract must always outline the roles and responsibilities of the parties involved. This is done to promote better clarity and efficiency in the fulfillment of contract promises. This works both ways and is not limited only to the duties and functions of the intern. For example, a contract would need to specify what department an intern belongs to and the role he is expected to fulfill. After which, an enumeration of daily or weekly tasks can then be outlined. On the other hand, the company must also contribute to the intern’s learning and development. The duties, responsibilities, and resources of the company must therefore be included in the contract as well.
Step 3: General Terms and Conditions
After assigning the intern their duties and responsibilities, you can then proceed to outline the various stipulations that the trainee will be subject to. This can be as general or as detailed as needed. The example terms and conditions above can help you in crafting this section of your contract agreement. The choice is yours whether to include terms pertaining to release of liability, contract amendment, cancellation of contract, payment guidelines, disciplinary measures, etc.
Step 4: Agreement and Signature
Once the terms are all set, you can include a confirmation statement or agreement declaration at the bottom page to further consolidate the agreement. Make sure to leave ample space or insert a couple of lines for each party to affix their name and signature. You can also include the company signatory’s designation and/or department below the signature line.
Do interns need a contract?
It is not always required, but interns are normally bound by contract to fulfill certain duties. Some companies furnish bare minimum contracts for interns or on-the-job trainees and have them sign for the sake of formality. Still, other institutions require their paid or even unpaid interns to agree to company policy by making them sign an official contract prior to starting the program.
What does an internship agreement mean?
An internship agreement basically means a written and often binding promise made between an intern, usually a student, and a company. It outlines the different expectations as well as conditions that both parties are supposed to fulfill. Each party should agree to the terms first before it becomes a signed contract. Otherwise, terms can be amended or rejected entirely.
How long does an internship last?
An internship typically lasts several months, depending on the nature of the job or company requirements. For students, academic or course requirements can sometimes mean an internship will last an entire semester. An intern’s work experience is also counted by the number of hours. Usually, there is a fixed number of hours that an on-the-job trainee must complete.
Can interns work for free?
There is such a thing as unpaid internships or students and people who are purely pursuing the program to obtain extensive knowledge and are hoping to gain substantial work experience. Since most interns are not considered regular or full time workers per se, they ought to be given minimal compensation at the very least. Although, this is still highly dependent on the employer or company.
An internship can be a wonderful opportunity for growth and development. You can learn valuable knowledge and skills, expand your network, and be exposed to what people call the ‘real world’. All you need to do is make the effort and take full advantage of the opportunity. Browse through the wide selection of sample templates above to create your own internship contract now!