Cooperative Education Student Salaries

May 2013 – May 2014

The information in this report describes the salaries paid to Stevens Cooperative Education students for the time period from May 2013 to May 2014. The salaries of 810 students were obtained from employers at the time of hire. Employers determine salaries. Students may not be paid as independent contractors (Form 1099). The following is for information purposes only. If you have any questions concerning salaries, please contact the Co-op staff member assigned to your company.

Overall

  • 90% were paid from $12.16 - $29.85 per hour
  • the lowest salary was $12.00 per hour; the highest $33.65
  • the average salary was $17.10

Most Stevens co-op students complete 4 or 5 work assignments. The following is what students were paid by work term:

First work term (297 students)

  • 90% were paid $12.00 - $29.02 per hour
  • the lowest salary was $12.00 per hour; the highest $32.24
  • the average salary was $15.72

Second work term (223 students)

  • 90% were paid $12.00 - $29.85 per hour
  • the lowest salary was $11.00 per hour; the highest $33.17
  • the average salary was $17.41

Third work term (195 students)

  • 90% were paid $14.00 - $29.85 per hour
  • the lowest salary was $13.00 per hour; the highest $33.17
  • the average salary was $18.27

Fourth and fifth work terms (95 students)

  • 90% were paid $14.00 - $26.28 per hour
  • the lowest salary was $13.51 per hour; the highest $33.65
  • the average salary was $18.65

Comments

  • Salaries under $11.00 per hour are not competitive
  • Employers may pay above the ranges listed
  • Some employers use numbers of academic semesters competed to determine co-op salaries
  • Others combine academic semesters and the number of work terms completed
  • Still others use internal criteria to determine co-op salaries
  • We suggest a salary increase when students return for a second or third work term
  • Students may not be paid as independent contractors (Form 1099)