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How to Get Incredible Summer Interns for your Startup

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Re: How to Get Incredible Summer Interns for your Startup

#3

Post by gaganbiyani »

asterix wrote: post #2

Nice post! If a paid position, how much have you typically paid interns? Is it hourly or project based?

We pay a stipend for the whole summer ($2K). I've heard everything from unpaid to $4K for the summer. More than that for a business intern, in my opinion, is unnecessary and doesn't get you kids who are there for the right reasons.

Re: How to Get Incredible Summer Interns for your Startup

#5

Post by royleban »

gaganbiyani wrote: post #3
asterix wrote: post #2

Nice post! If a paid position, how much have you typically paid interns? Is it hourly or project based?

We pay a stipend for the whole summer ($2K). I've heard everything from unpaid to $4K for the summer. More than that for a business intern, in my opinion, is unnecessary and doesn't get you kids who are there for the right reasons.

In most states (perhaps all), you must pay interns at least minimum wage unless they get college credit and you get no benefit to your business from the internship.

Re: How to Get Incredible Summer Interns for your Startup

#6

Post by PagingCraig »

royleban wrote: post #5
gaganbiyani wrote: post #3

Earlier quoted context omitted.

We pay a stipend for the whole summer ($2K). I've heard everything from unpaid to $4K for the summer. More than that for a business intern, in my opinion, is unnecessary and doesn't get you kids who are there for the right reasons.

In most states (perhaps all), you must pay interns at least minimum wage unless they get college credit and you get no benefit to your business from the internship.

You'd be surprised what people do, sometimes they just ignore that. Or they make them a contractor with a 1099, which is also illegal (or borderline).
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