What pay can I expect?
In the UK, we’ve had placements ranging from unpaid (e.g. in the fashion sector) right up to £37,000 (banking sector).
On average, placements in the UK tend to be about £18,000 to £20,000 per annum.
It’s difficult to provide any statistics on European or international placement pay as these are newer options.
If you are considering undertaking a placement in an Erasmus country, you may be eligible for an Erasmus grant. The value of the grant varies from year to year and more information can be found by following the link: http://www.exeter.ac.uk/careers/global/fundingforworkplacements/erasmus/