Internship salary: what is the reward for an intern in 2024?

Internship salary: what is the reward for an intern in 2024?

Are you looking for an internship and would like to know the amount of compensation for it? Good news, Business Cool tells you everything about the salary of interns for the year 2024. After a few years without any increase, the minimum hourly amount of intern compensation increases from January 1, 2024.

A mandatory bonus for internships lasting more than two months

Today, it is obligatory for employers to pay an employee on internship when the latter lasts more than two months, i.e. 44 days of 7 hours of work, consecutive or not during the school or university year. The salary must be paid every month, it is due from the first day of the first month of the internship period. The amount of the bonus must be fixed in advance in the internship agreement, signed by the intern, his establishment and the company.

For the company, two possible choices exist, pay each end of the month for the number of hours completed or smooth out all the hours that the intern will have to work during their internship over their period and make an identical payment each month. Obviously, a minimum amount is set for all trainees, it corresponds to 15% of the Social Security hourly ceiling.

Is the internship salary gross or net?

There are two scenarios. In the first case, which is the most common, the company limits itself to the legal minimum. The intern’s salary is then so low that it is not considered remuneration and is therefore not subject to social security contributions. In summary, for a minimum salary, the gross amount and the net amount are identical.

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However, in the second case, if the company decides to pay the intern more generously, social charges apply. Therefore, the gross salary will be slightly different from the net salary. The net salary is the amount that the trainee actually receives in his bank account.

Internship salary: the amount of the interns’ bonus for the year 2024

The amount of the interns’ bonus depends on the Social Security hourly ceiling. Due to the pandemic, the Social Security ceiling values ​​have not been increased since January 1, 2020. This is therefore good news for all students who are looking for an internship.

Indeed, from January 1, 2023, the monthly ceiling of the Social security increases from 26 to 27 euros, which results in an increase in the internship salary. From now on, interns will be paid a minimum of 4.05 euros per hour. Thus, the internship salary for one month of work is 623.70 euros net.

However, certain collective agreements and sector agreements provide for remuneration higher than the legal minimum. In addition, the intern has the possibility of negotiating his salary before signing his agreement to hope to be paid more.

Internship salary: rewards in the public sector

In the public service, the internship salary corresponds to the legal minimum. Thus, an intern will have remuneration of €623.70 per month.

Internship salary according to the Syntec agreement

The Syntec agreement is one of the most widespread on the job market in France. There is no detail regarding the remuneration of interns in this collective agreement. Thus, the amount of the internship salary also corresponds to the legal minimum: 623.70 euros per month.

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Salary during an internship in the hotel and catering industry

Here again, the collective agreement known as HCR (for Hotels-Café-Restaurants) takes into account the legal minimum. The remuneration of an intern in this sector is at least 623.70 euros per month, regardless of the duration of the internship.

How to estimate your internship salary?

If you ever want to know the minimum amount of your internship bonus, know that the government has put in place a tool that is made for you! In fact, a simulator allows you to know the remuneration of an intern before the start of this professional period. For what ? Quite simply because the salary capped on Social Security is a legal minimum. Certain branch agreements or collective agreements may allow you to obtain remuneration higher than the legal minimum of €623.70 per month.

To find out more about your internship salary, you can go directly to the government website !

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