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Some Facebook Interns Are Earning $6,000 a Month

mashable.com

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Re: Some Facebook Interns Are Earning $6,000 a Month

#11
For what it's worth, that's approximately half of what some interns make at Apple.

My understanding is that one receives 1.5 times their typical salary after eight hours and twice their typical pay after 12 hours. Some students are willing to put in the occasional 100 hour week when internships only last four months. Considering the base salary Apple offers is already relatively substantial (speaking as a student, at least) that can be quite a lot of money.

Re: Some Facebook Interns Are Earning $6,000 a Month

#13
I'm curious about these numbers. Do Facebook interns receive insurance? Do they get any other benefits, like stock or bonuses? Undergraduates have echoed numbers like this to me, which is great, but we should be careful to compare internships with other internships, not against full-time employees. They don't seem to be apples to apples comparisons.

Re: Some Facebook Interns Are Earning $6,000 a Month

#14
post #5
post #4

not uncommon in SV. my intern pay check was higher than this. And the company wasn't facebook.

Same here, even outside of the valley with certain large tech companies.

It's hard to compare since internships are usually paid by the hour (at least nominally) and we don't know how many hours/week they worked, but that seems right on line with what New York companies pay their interns. Perhaps on the higher end, sure, but nothing surprising.

Re: Some Facebook Interns Are Earning $6,000 a Month

#15
post #13

I'm curious about these numbers. Do Facebook interns receive insurance? Do they get any other benefits, like stock or bonuses? Undergraduates have echoed numbers like this to me, which is great, but we should be careful to compare internships with other internships, not against full-time employees. They don't seem to be apples to apples comparisons.

Their title is still intern, so I assume they know they don't get benefits, and their goal is still to become full time employees at the company or elsewhere.

Re: Some Facebook Interns Are Earning $6,000 a Month

#17
post #13

I'm curious about these numbers. Do Facebook interns receive insurance? Do they get any other benefits, like stock or bonuses? Undergraduates have echoed numbers like this to me, which is great, but we should be careful to compare internships with other internships, not against full-time employees. They don't seem to be apples to apples comparisons.

They do not get full-time benefits such as insurance or stock. Simply payment and usually temporary subsidized housing.
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