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How much to pay a skilled intern?

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How much to pay a skilled intern?

Post by chriskjennings » Fri, Nov 06, 2009, 5:23 PM UTC

The startup I work for is looking to hire an intern to help us with front-end development.

We've found a guy that we like, but we are ignorant to the fair amount that he should be paid.

The position would be in the bay area.

What do you suggest?

Re: How much to pay a skilled intern?

Post by turtle4 » Fri, Nov 06, 2009, 8:00 PM UTC

We pay an hourly equivalent that is about 40-50% of what a starting full-time salary would be at the same position, and have never had problems with enough (quality) applicants.

However: - We are in the midwest, without much competition. - We are in a college town where there is mandatory internships as part of the CS program.

So YMMV.

Re: How much to pay a skilled intern?

Post by wooster » Fri, Nov 06, 2009, 10:01 PM UTC

I'd shoot for about 80% of the starting salary you'd pay if they were a new full time employee just getting out of college.

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