Fog Creek's Intern Hiring Process
11–20 of 95 posts
Re: Fog Creek's Intern Hiring Process
#12Earlier quoted context omitted.
(Manhattan prices) A good studio apartment will be $2000-2500 a month. A one bedroom would be $3000+.
Wow, yea now I see why they get payed so much. A solid 2 bedroom around me is like 500-800.
Re: Fog Creek's Intern Hiring Process
#13I have to say the pay is by no way "spoiling". It is no where near the top tier pay (for interns) seen in the industry.
You're correct. While not common, top interns at Amazon A9 can pull ~$35k for the summer.
Re: Fog Creek's Intern Hiring Process
#14Earlier quoted context omitted.
How's the cost of living in new york? I'm an intern in michigan and I'm getting way less than 6k a month but I definitely feel spoiled.
(Manhattan prices) A good studio apartment will be $2000-2500 a month. A one bedroom would be $3000+.
Re: Fog Creek's Intern Hiring Process
#15I have to say the pay is by no way "spoiling". It is no where near the top tier pay (for interns) seen in the industry.
Re: Fog Creek's Intern Hiring Process
#16$6,000 a month comes to a shade less than $40/hour. Bear in mind that most full time students work only in summers so although considerable federal tax is deducted from this amount, the intern is likely to receive most of it back when filing taxes next year.
Also, catered lunches plus an apartment in NYC plus two amazing events in twice a week (which likely include dinner) means that the only money that needs to be spent is a handful of weekday dinners plus weekend fun, and I haven't even gotten to the thousand dollar signing bonus yet!
Being in college, I knew about 10-12 others who interned last summer in the Bay Area. With most companies in the SF Bay Area you're looking at about $27 to $34 at most large companies in the south bay and $35 to $40 in SF. Plus an hourly pay scale means that interns don't get paid on holidays like 4th of July, Labor Day, or when they get sick (didn't know anyone who got paid monthly instead of hourly in the Bay Area). I haven't heard of housing benefits in the south bay much and heard of only one company in SF that threw in free housing.
(Sorry about a long comment focusing only on the financial aspects of an internship program but it is an important factor that debt-ridden students take into account).
Re: Fog Creek's Intern Hiring Process
#17I have to say the pay is by no way "spoiling". It is no where near the top tier pay (for interns) seen in the industry.
A furnished apartment in NYC probably adds a lot to that salary. The unfortunate part is that the cost of that benefit is also considered income and the taxes for it would come out of the $6K. I interned at Microsoft years ago with similar benefits (good salary, furnished apartment, prepaid rental car, relocation costs & 2 gym memberships) but they paid extra cash to cover the taxes on the non-monetary benefits. Ther…
Re: Fog Creek's Intern Hiring Process
#18I'd assume having year round interns and a continuous recruitment process would be less disruptive to the team's work velocity and give you a bit bigger reach for students too.
Plus, I'm a bit jealous of some of the summer-only internships at a lot of interesting companies. Can't complain about graduating with 18+ months of interesting work experience pretty much guaranteed though.
Re: Fog Creek's Intern Hiring Process
#19This sounds like a great program, I just wish it was offered year-round. Even though I think Northeastern University and Waterloo are the only schools with a completely integrated, well defined Co-op program, it seems like its a growing trend. I'd assume having year round interns and a continuous recruitment process would be less disruptive to the team's work velocity and give you a bit bigger reach for students too.…
Re: Fog Creek's Intern Hiring Process
#20https://www.youtube.com/watch?v=0NRL7YsXjSg
I admit it could have been edited a bit better (read: more interesting), but it was still fun to get a bit more of an inside view of a process like this.