What Can Students Expect to Earn During Co-op Work Terms?

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SUMMARY

The discussion centers on expected earnings during co-op work terms, highlighting that pay varies significantly based on location, employer, year of study, and program of study. Participants report average hourly wages ranging from $8 to $22, with specific examples such as $15/hour in the Midwest and $12/hour at Redstone Arsenal, which also covers tuition. The University of Waterloo's published averages indicate first-year students earn approximately $14-15/hour, increasing to over $20/hour as they approach graduation. Overall, the conversation emphasizes the importance of considering total compensation, including tuition coverage, rather than just hourly rates.

PREREQUISITES
  • Understanding of co-op programs and their structure
  • Familiarity with average salary expectations in various regions
  • Knowledge of factors influencing co-op pay, such as location and employer
  • Awareness of the educational timeline associated with co-op work terms
NEXT STEPS
  • Research regional salary averages for co-op positions in your field
  • Explore the impact of tuition reimbursement on overall compensation
  • Investigate co-op program structures at universities like the University of Waterloo
  • Learn about negotiating salary and benefits for co-op positions
USEFUL FOR

Students considering co-op work terms, career advisors, and employers looking to understand compensation trends in co-op programs.

th3plan
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Hey I am going to do co-op next year and wondering how much it pays roughly. What have people who done it got? What year you did co-op?
 
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This question is very hard to answer seeing as pay depends on: Location, employer, year of study, program of study, etc...

That's like asking: "How much will I make at my future job?" without giving us any further details! :confused:
 
It will most likely depend on where you live. Here in the midwest, the average pay for my university's program is a little north a $15/hour. That ends up bringing in around $10,000 for the semester.

If you live on one of the coasts or a big city, you will get more in correlation to the living costs.
 
I just accepted a co-op at Redstone Arsenal and the pay is $12/hour. However, they are paying for tuition every semester until I graduate. If I were to break down that amount and spread it over sixteen 40 hour work weeks, it winds up being much more than other co-ops at my school that make 17-18 an hour. So look at all the aspects, not just the hourly rate.
 
Wow you guys are lucky. Where I live, the allowance is only about $8/hour.
 
Are you sure they will pay you after the work ?
I know some are very 'careful' before they decide to pay their workers even when it passed the deadline for days
 
Don't you have to sign some kind of legally-binding agreement with them before you commence? How could they not pay you then?
 
porums said:
Are you sure they will pay you after the work ?
I know some are very 'careful' before they decide to pay their workers even when it passed the deadline for days


It is an alternating co-op. I start spring of '09, they pay for a study semester (Summer 09) and I work again in the fall. It works out so that the study semester after my 3rd work term will be the semester that I graduate.
 
My lucky friend (we have finished first year) is making 22$/hr - He had ~70 % marks (almost average).
He's just an average guy who talks more than what he know (and it would sound complete BS) :smile:
 
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  • #10
rootX said:
My lucky friend (we have finished first year) is making 22$/hr - He had ~70 % marks (almost average).
He's just an average guy who talks more than what he know (and it would sound complete BS) :smile:

jerk.. and here I am first in my class, making $13/hr and working in a town with a population of 5000, because I'm the only one the employer ranked!

I think the averages published at U Waterloo are something like $14-15/hr for first years and increasing to slightly over $20/hr as you near graduation. This would be in Canada, and most average companies will follow something along these lines.
 
  • #11
DylanB said:
jerk.. and here I am first in my class, making $13/hr and working in a town with a population of 5000, because I'm the only one the employer ranked!

I think the averages published at U Waterloo are something like $14-15/hr for first years and increasing to slightly over $20/hr as you near graduation. This would be in Canada, and most average companies will follow something along these lines.

I am working at 14 from home :biggrin:
 
  • #12
porums said:
Sigh, I don't understand, but I will consider it again at another time

hehe. Ok, here's a breakdown

Fall '08 -> Full load of classes
Spring '09 -> 1st work term
Summer '09 -> School semester
Fall '09 -> 2nd Work Term
Spring '10 -> School semester
Summer '10 -> 3rd and final work term
Fall '10 -> Last school semester and graduation.
 

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