Will Unpaid Work Benefit Your Financial Future?

A listing that reads “Apprenticeship Position” or “Unpaid Internship” can be eye-catching titles for young or inexperienced people who are eager to start their professional career.

Sometimes entry-level positions are limited; therefore, internships and training opportunities can be a great way to acquire skills and get your feet wet in an industry, which will then open a lot of doors.

Internship

Companies extend these positions when they cannot make the investment of an employee who won’t yet be able to hit the ground running, but they don’t want to close themselves off to future hires. Opening the door to interns on a test basis helps them determine who will be a good fit for their company and if their company can foster an environment that builds useful skills and capabilities.

When an intern or apprentice works without receiving a paycheck, they are instead being paid with experience and access to skill-building … Read More