[PHOTOS] The 25 Internships That Pay More Than Your Full-Time Job
Brace yourself. The amount these interns are raking in is enough to make you spit out your coffee.
By Sadho Ram — 01 Mar 2014, 05:12 PM — Updated over 10 years ago
Glassdoor.com, a platform for employees to anonymously share the perks and pitfalls of their workplace, just released its 2014 list of the highest paying internships. Unsurprisingly, the majority of them are in tech.
There are six companies on the list that pay more than $6,000 a month (which would work out to $72,000 a year) and one company that pays more than $7,000 (or $84,000 a year).
mashable.com
Technology and energy were the most lucrative industries: 19 of the 25 highest-paying companies are in technology, and four are in the oil, gas, energy & utilities sector.
forbes.comConsidering that most internships are taken with an eye toward getting full-time work later, salary actually isn’t the top factor that interns weigh, though it’s close. The most important considerations are, in order:
1. Career growth (77%)
2. Salary & compensation (74%)
3. Location & commute (41%)
4. Company culture and values (41%)
forbes.comGlassdoor's report was gathered from anonymous information provided by the site's users and is based on companies with at least 20 intern salary reports shared over the last two years
10. Apple. Average monthly base pay: USD5,723. Interns say:
"In addition to providing free housing (which was at worst a 15 minute drive from work) or a $1000 housing stipend, some teams provide free lunches/dinners to employees, and you're also eligible for all the other employee benefits, like health insurance, fitness center membership, product discounts, etc." – Apple Software Engineering Intern (Cupertino, CA.)
9. Google. Average monthly base pay: USD5,969. Interns say:
“Good salary. They paid for the accommodation during the whole internship. I learned a lot from the engineers and made a lot of networking.” – Google Software Engineer Intern (New York, NY.)
cnet.com8. Exxon Mobil. Average monthly base pay: USD5,972. Interns say:
Professional development, pay, and exposure to Fortune 5 company.” – Exxon Mobil Intern (Houston, TX.)
7. Ebay Inc. Average monthly base pay: USD6,126. Interns say:
“Best place to start your career. Good compensation. Good visibility to senior level managers.” – eBay Inc. Intern (San Jose, CA.)
cnn.com6. Microsoft. Average monthly base pay: $6,138. Interns say:
“The research internship program is really well-organized. There're housing, car rental and relocation subsidies, as well as internship only events.” – Microsoft Research Intern (Redmond, WA.)
5. Facebook. Average monthly base pay: USD6,213. Interns say:
“The benefits and pay are obviously great, and since it's a well-known company it's a good place to start if you're looking to get recognized at other tech companies and startups.” – Facebook Software Engineering Intern (Palo Alto, CA.)
businessweek.com
4. LinkedIn. Average monthly base pay: USD6,230. Interns say:
“Excellent benefits, nice people, friendly working environment.” – LinkedIn Intern (location, n/a.)
3. Twitter. Average monthly base pay: USD6,791. Interns say:
“You will ship code used in production, you can have a say in virtually all company decisions, you will be generously compensated, you will learn a ton.” – Twitter Software Engineering Intern (New York, NY.)
mashable.com
2. VMware. Average monthly base pay: USD6,966. Interns say:
“Compensation is up to the mark and company takes care of good bonuses and other perks.” – VMWare Graduate Intern (Palo Alto, CA.)
1. Palantir. Average monthly base pay: USD7,012. Interns say:
“Work is motivated by a real mission. Very few people are there just for money.” – Palantir Support Engineer Intern (Palo Alto, CA.)
