At my company, this is the algorithm: take on interns before graduation if graduating within a year make hire/no-hire decision by the end of the intern

At my company, this is the algorithm: take on interns before graduation if graduating within a year make hire/no-hire decision by the end of the internship else make re-intern decision by the end of the internship Summer internship is a great recruiting channel for us. If we pay them well (not quite at entry level, admittedly), give them a good experience, and a good evaluation, everyone wins, and their full-time destiny is in their hands. Hopefully fresh CS graduates are not taking contracting jobs with Bigco! From where I sit, they are in a seller's market and shouldn't take so little.