The Top Paying Tech Companies For Interns
theodp writes "For those students for whom it's all about the Benjamins, BusinessInsider's Alyson Shontell has compiled a nice list of 20 Tech Companies That Pay Interns Boatloads Of Money. 'If you intern for a high-profile tech company,' notes Shontell, 'you can make more money than the average US citizen. Facebook, for example, pays its average intern $6,056 per month. That ends up being a base salary of about $72,000 per year.' Sure beats making a 'measly' $5,808 per month at LinkedIn, where you might find yourself having to participate in embarrassing sing-a-longs and Flash Mobs!"
Here's the fluff, all on one page:
http://www.businessinsider.com/the-20-richest-interns-in-tech-2013-1?op=1
Why don't the editors do some actual editing of these submissions? The bit at the end is completely useless, adds nothing of value and only clutters and confuses the main point of the story.
I notice theodp's submittals always include many random asides, extraneous links, and otherwise useless info. Someone needs to edit this guy.
You can make more money than the average US citizen
Which makes sense. These interns are top students from top schools, generally more qualified than the average US citizen. Internships are a recruiting strategy, and undergraduate internships are essentially 3 month interviews.
Many degrees (I know education) have required Internships. If you don't intern - you don't get a degree. Means that there is strong demand to get an internship, and no demand to provide one from the various institutions that use people with education degrees. Of course these become unpaid internships.
Companies need productive work out of interns - so they pay them to get the work done. I do not see how many of the random unpaid internships even work. I go in to work a full week unpaid - then have to pick up a second job that pays to pay rent, food and transportation. This seems like criminal exploitation to me
Exploitation is what made this country great! For some. Not for you or anyone you know, though.
Posted here because it's sooo sloooow to load. Where's the Coral Cache when you need it?
Again, apologies for the blatant copyright violation and thanking my lucky stars the publisher isn't Co$. For the duration of the slow-load any reasonable person would call this reposting "fair use." The /. overlords are welcome to delete this when it is no longer needed, if they wish to do so. I wish Slashdot's overlords would come to some kind of caching agreement with newly-posted stories so the publishers can keep their ad revenue without being beaten into submission by traffic loads.
Anyhow, here we go....
http://www.businessinsider.com/the-20-richest-interns-in-tech-2013-1?op=1
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20 Tech Companies That Pay Interns Boatloads Of Money
Alyson Shontell
Feb. 2, 2013, 8:15 AM
If you intern for a high-profile tech company, you can make more money than the average US citizen.
Facebook, for example, pays its average intern $6,056 per month. That ends up being a base salary of about $72,000 per year.
But there's another tech company that pays its interns even more than Facebook.
Glassdoor, a career and company rating site, helped us compile a list of tech companies that pay their interns the most. Its salary data is based on anonymous salary reports voluntarily shared by current and recent employees, including interns.
The following list combines monthly average pay with hourly monthly pay to take into account a larger data sample among tech interns. Companies were only included if they had 20 or more salary reports within the past two years.
Here's who pays its lowest level people thousands of dollars every month.
20. Cisco Systems pays its interns an average of $3,930 per month
Annually, that would be: $47,160
"Great company, very knowledgeable peers from top universities, work is good, good compensation and you learn a lot. Flexibility and work/life balance is unmatched. Free movie tickets, tickets to amusement park, free frequent lunches, great gym, free train pass, lot of intern events with free food, pays for your tuition, San Jose a good place to live. College grads like me these days wants to work for more recent brands like Google, Facebook, LinkedIn, twitter but companies like CISCO and others who have been there from decades are great places to start your career." -- Former Cisco Systems college intern (San Jose, CA)
19. IBM pays its interns an average of $3,942 per month
Annually, that would be: $47,304
"Tech giant with massive resources and really talented people. You work on products that are touched by millions in mission critical areas. For such a big company, it feels very nimble. You can easily reach any employee worldwide through Same time. It feels like a tight-knit environment, even thought you are 1 or hundreds of thousands. Every manager I have dealt with is awesome. Uber professionalism throughout." -- IBM software engineer intern (Austin, TX)
18. EMC pays its interns an average of $4,004 per month
Annually, that would be: $48,048
"EMC is a great company with great employees. Seniors are willing to help and easy about timelines. Its was a awesome experience as a starter and provided me a good learning experience. With that said, it has good salaries for the intern." -- EMC software engineer intern (Hopkinton, MA)
17. Hewlett-Packard pays its interns an average of $4,008 per month
Annually, that would be: $48,096
"Great place to start working, a lot of opportunities, resources in other departments, great pay for an internship, great company to start a career with." -- HP intern (San Diego, CA)
16. Dell pays its interns an average of $4,024 per month
Annually, that would be: $48,288
"Excellent community, with an open atmosphere. The company is reshaping itself, there is a lot of room for upward movement, and it is clear that Dell will
The biggest draw is that it is a chance to pay back some of those student loans which you accumulated.
They missed Altera and Palentir, which both make it into this top 20. Palentir outpays the top company on this list, if I'm not mistaken.
Didn't "intern" used to mean little to no pay at all, because you were getting school credit and were willing to sweep floors for it rather than take an elective?
In Education, medicine, and some other fields, your internship will be a lot more supervised than your first-year post-training job. Some fields, like medicine, even require a post-degree form of "internship" (e.g. residency, post-doc, etc.) for certain career paths.
That's not necessarily true in all technical fields, particularly if the job you are doing literally could be done anyone who knew how to code as well as a typical about-20-year-old Computer Science sophomore or junior.
When I did the equivalent of a technical-field internship as an undergrad, I had basically the same job description, supervision, and pay as if I had dropped out of school the previous semester. The only difference is the employer would treat my drop-out co-worker as a new entry-level employee who would NOT be completing his 4-year degree, and I was treated as a POTENTIAL RECRUIT who WOULD have a 4-year degree in a year or two.
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
Keep in mind that these averages are for all interns, not just engineers. I'm lucky enough to have interned at Google and the average intern salary for an engineer is over $6500 a month.
I was a "summer intern" at a job that had no connection with my schooling.
Basically, I was a temporary employee and they called me an intern for HR purposes.
As far as pay went I got paid what any other temporary employee with my skills and education would've gotten.
By the way, I was a "real" employee, not an employee of a temporary-employee-outsourcing firm.
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
Word gets around campus fast that so-and-so company or such-and-such department is THE internship to go for and AVOID even applying at such-and-such employer, and heaven help you if you get stuck in this-or-that department.
At least it did when I was doing that sort of thing.
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
I wouldn't want an intern who focused on their pay as an intern.
What you should be focused on is how much you will learn. In a good intern position the company is investing in training a prospect. If you were paid your real net present value you would be lucky to get minimum wage.
IMHO, a company paying more than that is looking to hire a temporary grunt who has learned some syntax -- not someone they want to train.
Wonder why no outsider takes software developers seriously? Imagine telling a mining engineer that they have to participate in sing-a-longs. Or telling any highly skilled professional that they can have free pizza and ping pong in place of pay reflecting their hours. It's still fucking amateur hour, and it hurts us all in the long term.
If you're a student looking for an internship, find out all you can about what they'd have you doing. At Apple, interns are writing code that ships. At other companies, you might end up getting treated like a data-entry temp.
-jcr
The only title of honor that a tyrant can grant is "Enemy of the State."
This seems like criminal exploitation to me
At least in the USA, it is. Unpaid internships are illegal in the USA unless they meet all of the following criteria:
If your unpaid internship violates any of these rules, it is illegal.
This seems like criminal exploitation to me
At least in the USA, it is. Unpaid internships are illegal in the USA ....
So is speeding, of course, and multiple other things that people do on a daily basis. No offence intended - it's just that because something is illegal, doesn't mean it's not done.
"The greatest lesson in life is to know that even fools are right sometimes" - Winston Churchill
Of course, these laws are rarely if ever enforced, just like many other labor laws, such as age discrimination. Companies politely urinate on these laws and keep on going exploiting desperate young people for corporate gains. There have been many reports about this, for example:
http://www.nytimes.com/2010/04/03/business/03intern.html?pagewanted=all
Laws mean nothing without enforcement. Corporations are bribing government not to enforce the laws. Until we put a stop on the abuse, corporations will keep exploiting workers like sheep.
Internships are un-payed by the company, and are payed by the university.
What the 'article' actually alludes to is 'who is the most payed non-degreed employee?'
A Prostitute For The CEO !
Therefore, if only money is the measure, forget a high school diploma, forget a BS in anything, forget a MS in anything, and
forget a Ph.D. in anything.
Just work out at the local YMCA for free and sell you body to the CEO !
Oldest business on planet Earth.
Am I the only one to find annoying these multiple-page, sliedshow-like article?
That is less than I was paid as an intern at a tech company in 2001, when you could still buy a coffee for 50 cents! I was a higher paid intern at the time since I already had some degrees, but not by a whole lot.
I thought most tech companies paid interns about the same as an employee with a roughtly equivalent background... I guess not.
Flash mobs and embarrasing sing a longs are nothing to be embarrased about. What's embarrasing is working at walmart no matter your level of education and having to sing the walmart song and in some stores even jumping around physically like a moron to it.
So is speeding, of course, and multiple other things that people do on a daily basis.
This is not a comparable situation. I cannot sue you for speeding. Only the police can enforce it. But if I spend a summer working for you in an unpaid internship, I can demand to be paid after-the-fact, and sue you if you fail to compensate me. If there is a group of interns that were not paid, I am sure they can find a lawyer that would be happy to help them out for a reasonable contingency.
should be apprenticeships not tied to being in school and being in a tech / trades / Community College should not lock you out. And if they are full time jobs then forcing some one to be in school with the college time tables does not really work.
On another topic, this is part of whats wrong with this country. Not only is everything on that list highly subjective. But it's just down right stupid. Try getting an Engineering Job without an Engineering degree. Next, try getting one without any experience. I, even if you have the degree In these situations, the Interns are adults, capable of make rational decisions, and are getting much more out of the internship than the company. Why can't we infuse a little common since into the law.
And they could probably look forward to some interesting explanations of that at their next interview - suing a former employer is a great way to make oneself toxic to future employers.
In my time, way back in the 60s, if interns received anything, it was a sustenance stipend. Interns were like indentured servants, working to gain knowledge and perhaps to meet mentors to guide them into a career.
Don't forget that you can get the same amount from other companies as well.
About 4 years ago I was an intern at another large company, and received an internship offer from Microsoft. I was making about half of what Microsoft was offering. I didn't realize at the time that interns could make such a high rate. I talked to my supervisor at the time and told him about the Microsoft offer, and he offered to match Microsoft's offer if I was willing to stay, as well as some other perks.
This could apply to your full time job as well--if you're eyeing another company because of their pay rates, try getting a job offer and using that to leverage yourself into working where you want, for the amount of money you want to get paid and the benefits you want.
It's a good time to be a programmer, that is for sure.
Long live the BSD license
Why can't we infuse a little common since into the law.
Because the political party that agrees with you gets less than 1% of the vote. That is not much of a mandate.
It should not be about how much money you can make. The experience has a lot of more value than the salary level.
for an intern its about how much you learn, but aside from that, you can make 120,000 in new york and live just as well as someone making 30,000 in Atlanta, location has a big impact
I live in the southeast, and got offered 40k to move to California. 40K a yea where I live gets you a decent sized house with a good sized chunk of property and a couple decent cars. In LA that gets you a next to crackhouse apartment and a an 83 civic.
and as long as we help the man enforce this silliness, the
man wins.
Intern? Pay? Bwwwaaaaaa ha ha haaaaa ha haa ha!
Table-ized A.I.
In Mexico, that is the salary of a top notch, international software programme manager with more than 10 years experience in management... The type of guy that would run a national software government project... or an SAP project... nevermind. Typical salary for a bright web programmer in Mexico, just out of college: USD 1.2 K dollars per month...
This would explain why the products I deal with daily from these companies sucks: Cisco - Company on the decline, mediocre/buggy products compared to others (i.e ACE, GSS). IBM - Products that are irrelevant today and ancient (i.e WebSphere) EMC - Garbage/bug laden software (i.e Adaptive Authentication) HP - Server hardware unreliable (all our servers are HP ProLiant), thank god for redundancy Intuit - Garbage software written in VB/crashy and severely bloated (i.e ProFile) Adobe - Should I bother? I think everyone knows all the security issues they have with Acrobat and Flash Other I guess they are good at weeding out the good interns and making sure they don't work on any bigger products.
should be apprenticeships not tied to being in school and being in a tech / trades / Community College should not lock you out.
The standards for interns are lower because they're not done with school yet. If you're not in school, you'd be expected to apply as a regular employee and already have skills comparable to someone with a degree. Theoretically, you can do this without a degree from a top university, but in practice recruiters use the university as a first line filter, particularly if you have no experience.
And if they are full time jobs then forcing some one to be in school with the college time tables does not really work.
Internships are usually in the summer when students wouldn't be in school anyway. There are some longer co-op programs where you take time off from classes but still remain enrolled and even get credit for working. Considering tech internships tend to pay better than a summer job and greatly improve your chances of getting hired after graduation, you'd be stupid not to do it if you can.
Yay for those of us in the EU... Due to strict regulations the chances of finding a well paid internship are near 0 without some borderline legal construction. Like having the student work his last day as student job and paying him his full salary in that single day. It just doesn't pay off to get an internship over here for most students.
What's more, with script blocking enable (via noscript) the site has no content below their header / drop-down menus. So much for graceful degradation...
Glad I checked the comments here before even bothering to temp allow their scripts, as stepping into such a multi-page steaming pile would have surely irritated me greatly.
Buddy of mine worked as an intern for SGI in the late 90's out in the Bay area. I believe his hourly rate worked out to $75,000 a year, but he made very little money because most of it actually went to rent.
Bring back the old version of slashdot.
Haven't they outlawed them yet?
THINK! It's patriotic
Yes, PE is a title that is recognized outside the U.S. (Chartered Engineer is a synonym)..
However, I'm pretty sure that as a California PE, I can't "practice" as a PE in, say, Germany. Heck, I can't practice in most other states without jumping through a lot of hoops. But that's no different than attorneys, who have to be admitted to the bar in the state in which they practice.
There are also somewhat different standards for PE among the 50 states.
hardy har har. People think you are nuts when you inform them of this. Part of the problem is that college kids are some of the worst negotiators on the planet, so they have put themselves in a permanent bottomed out price war with each other. "Would you like to like envelopes and file invoices all week while occasionally getting shit on by a vindictive boss... for free?" "Sure!"
If an internship were to satisfy *all* of those conditions, why oh why would a company even take on an intern in the first place?
A company would be well advised to simply pass on the whole idea of internship.
I'm not a lawyer, but I play one on the Internet. Blog
My cousin just landed a summer internship at NVidia for $25/hour
I'm out of my mind right now, but feel free to leave a message.....
And I suspect there are at least 21 pages (I threw the towel on page 2)
why does that have to come up?
if you sued them because they broke the law, you have every legal right to get the money you should have got in the first place.
Kind of getting tired of this stockholm syndrome stuff that comes up in american labor relations. We seem to be doing everything in our power to go back to the bad old days.