The Intern and Extern Agreement
The Intern and Extern Agreement
Internships and externships may be similar, but they have key differences.
The internship agreement is one that we use in business. Without using ANY “legalese”, it will lay out exactly what federal regulations require, and will very clearly define what is expected of both parties, such as:
who owns the work?
What is confidential within the business?
How many hours can the student intern work?
Is commission available?
What is the length of the agreement?
What happens to your job once the project wraps?
The first thing you’ll note is that it is written in completely plain English, because you need an agreement that can be understood by both parties.
Externships are similar to internships, with the exception that class credit is used as compensation. This area of the law is a tricky one to navigate, and your contract must contain the clearest of language. Without using ANY “legalese”, this contract will cover all six federally-regulated standards, so that both parties are completely covered
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Offer of an internship and notification that the contents of the letter stipulates the terms and conditions of the relationship
Which company the internship/externship is with, which department, in conjunction with which college/university class
Dates and duration of the agreement
Anticipated intern schedule (hours and days)
Who the intern will shadow and what skills they will learn
What tasks may be assigned and how they relate to the students course of study
Intention of the internship and learning objectives
Internship: Rate of pay
Externship: Agreement that it is an unpaid position
Agreement by the intern to comply with all company policies and to sign a confidentiality agreement
When the offer expires if not agreed to
Externship portion of agreement only: How many college/university credits will be awarded upon completion of the program, who is responsible for monitoring the interns participation & the assessment criteria
Externship portion of agreement only: Agreement by the company to provide information to help the intern complete college/university assignments
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This is an essential template for any business owner who is looking to start an internship/externship program.
With this agreement, both you and the intern will be clear on your working relationship, expectations and the policies and guidelines that dictate your relationship.
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Highlighted sections and instructions in the template on how to properly customize it to your business
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