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You’ll Never Believe How Much Internships Pay at These Companies
Though they’re great for networking opportunities, internships are usually pretty awful because they’re usually unpaid.
But, you know, not all internships are unpaid. In fact, some pay remarkably well.
“Interns at the 25 best-paying companies earn an average monthly wage of between $4,604 and $6,704,” Bloomberg reports, citing data from jobs site Glassdoor.com. “For context, the average U.S. household pulls in about $4,400 monthly, based on U.S. Census Bureau data.”
What’s driving these companies to compensate their interns so well?
“In tech and finance, the war for talent continues to be fierce, and it’s not so surprising that the war for talent is fierce at the intern level,” said Scott Dobroski, a spokesman for Glassdoor. “Why not tap the best young minds right out of the gate?”
Indeed, considering the type of cash involved in tech innovations, it’s not surprising to see top firms invest so heavily in snatching up young talent.
Here are the 10 best paying internships, according to Bloomberg and Glassdoor [dollar amounts per month]:
10. Amazon: $5,436
9. ConocoPhillips: $5,607
8. Microsoft: $5,847
7. Adobe (aka “Would You Like Another Update?”): $5,861
6. LinkedIn: $5,866
5. Google: $5,891
4. Facebook: $6,084
3. ExxonMobil: $6,268
2. EBay: $6,500
1. VMware: $6,704
Click here to see the rest of the list.
[Bloomberg Note: “The figures are based on 13,500 intern reviews of 6,600 companies between January 2011 and January 2013. Reviews can be submitted by anyone who works as an intern at the company, from college students to grad school graduates and professionals making a career change. Only companies with 10 or more intern salary reports from that period were included. The average monthly base pay among surveyed interns was $4,200."]
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PCDoctors4u2
Posted on February 19, 2013 at 2:22pmThose figures are still way less than most federal employees, Congressional Interns, and teachers union administrators. The superintendent of San Diego County Schools makes more than the President of the united states. $325,000 per year. There are six people at our local grade school making more than $200,000 a year with additional perks. There are thousands of teachers in California making more than $100,000 per year.The big difference here is that when you intern for a company the TAX PAYER does not foot the bill!
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poster
Posted on February 19, 2013 at 10:44amI guess I don’t believe it.
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vaman
Posted on February 19, 2013 at 9:15amIt’s good to reward education will high salaries. Some of the comments from the typical blazer show why they will never make any kind of serious wage, but that should not detract from people that work very hard at receiving a higher education. Also, many of the companies have offices in major metropolitan areas where those salaries keep you just out of poverty and nowhere near being wealthy.
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ICRedifURBlue
Posted on February 19, 2013 at 12:53amAnyone want to intern on a farm?…..My son might not work out, daughter is going to to be an actress. and I’m getting old and decrepit….. You MUST love God, Guns and HARD WORK….
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TimKan7719
Posted on February 19, 2013 at 9:13amMy Resume,
I am a Soldier serving in the Military (have a few years till I retire), my body is not what it used to be, but I dont let that slow me down. I broke my back, have many scars (some visable some not) My knees ache, my feet ache, my shouders ache, but they only serve as a reminder that I am still alive.
I own many guns can shoot all of them very well. I am skilled at stalking, and tracking game. I can Process prity much any form of Livestock from cow, pig, chicken. I can field dress any wild game and process it for the table. I Love the outdoors, hunting and fishing.
I have only found two things in life worth fearing the wrath of a good woman and the wrath of God.I have never read the bible from cover to cover but I have read the bible completely, and try to live by gods word. ( I am man and I have fallen short of the grace of God a time or two in my life)
I have put in many 24 hour days. I have never shyed away from work when the work needs being done. I have been putting food on the table by the sweat of my brow sense I was 12 years old.
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freemama
Posted on February 19, 2013 at 10:18amTimKan7719 – Thank you for your service. You sound like the kids of guy who could thrive on a farm!
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OUTRIDER WRITER
Posted on February 18, 2013 at 6:38pmThe Adobe “Would you like another update” is too true. DO NOT TAKE THEIR OFFER. Doing so killed my Acrobat program. I spent over an hour troubleshooting and restoring Acrobat. I was one of the lucky ones. Most of the blogs’ “how to fix” comments told how their computers had crashed, repeatedly.
So, yeah, I laughed at #7′s cheeky jab. But I’m betting those who recently updated and are stuck without the use of their Acrobat program aren’t tickled.
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Jase
Posted on February 18, 2013 at 5:31pmWell that explains why ebay’s seller fees are so high.
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Xiccarph
Posted on February 19, 2013 at 2:04pmPlus they pretty much force everyone to use PayPal (owned by ebay) and get you again with those fees!
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Eastinfection
Posted on February 18, 2013 at 5:05pmI have an internship available for any beautiful woman that wants to plant tulips.
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BSimpson
Posted on February 19, 2013 at 1:04pmHahahahahahhahah! Love it!
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RestoreCapitalism
Posted on February 18, 2013 at 5:02pmElitist thinkers will prefer their own kind. In the new world order traditional and conservative values are shunned, so progressives will get most of these jobs.
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media-bias-steals-elections
Posted on February 18, 2013 at 4:28pmGood luck trying to get one of those, unless you are squeeky clean, under 25, and are getting your government funded university education?
But wait there’s more? Not only will you never get to work for one of these companies, you will never be able to start a business because of all the government regulations, so the best you do right now, is hope for change?
All these intern jobs probably require that you have a Twitter and Facebook account that worships President Obama in a way that makes the company look good? Here are the 4 tweets to a rock star income?
1. I support gay marriage?
2. Republicans are evil?
3. What can I do to reduce my carbon footprint?
4. I was so excited, I voted twice and did not get caught?
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AUsername
Posted on February 18, 2013 at 4:32pmi will be honest, its all about who you know, networking the reason why i got a good internship was because of who i knew. basically gets you the interview and than from there its easy just be your honest self.
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truthnstuff
Posted on February 18, 2013 at 4:41pmMedia, you summarized it very well. As usual arsename hasn’t a clue.
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LouieKelcher74
Posted on February 18, 2013 at 5:31pm8 of those 10 are tech companies. What government regulations are stopping you from starting an online business or software company? Agree that it’s not so simple to start an oil company though.
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FLOWNOVERandFORGOTTEN
Posted on February 18, 2013 at 5:35pmThis is just good business. It’s alot cheaper and safer to get top talent for a high paid internship and be able to cut them loose if they can’t contribute. No benifits, no severance, just thank you and see ya later. As a capitalist I am not sure what all of the noise is about on this one especially from the contributors to this site. High pay for high performance. Sounds good to me.
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dosdelgados
Posted on February 18, 2013 at 5:59pmYes, AUSERNAME. From your posts we all see that your advancements in life are not reflective of your thought processes and command of the English language.
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AUsername
Posted on February 18, 2013 at 7:19pmof course employers are not looking for English majors or wannabe English majors which is why your out of a job and also a racist redneck doesn’t help either.
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theninthplanet
Posted on February 18, 2013 at 4:28pmSoftware and Computer Engineers, eat your heart out.
Everyone else, good luck.
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AUsername
Posted on February 18, 2013 at 4:17pmTech is where its all at.
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Schteveo
Posted on February 18, 2013 at 9:03pmI’m not so sure that’s true all over the country. AND those companies are ‘the best, of the best, of the best SIR!’ on pay for tech people.
Going forward, if you want your kids to eat regularly all their lives, tell them the OPPOSITE of what our parents told us. Go to trade school, NOT college. Better still, join the military, sock that school money away and then go to trade school, combine that with your military training.
Right now, the mechanics, welders, electricians etc, have an average age over 40, and there are damned few people in school to fill those types of jobs in the future. Auto mechanics average age right now is over 50. Beyond that, little Johnny and little Janey can get those jobs after only two years of training and trades fields won’t fill up in their life times AND it won’t cost a couple $100K to go to work.
The ironic part of this is that I started in trades, moved to tech in the military, and if I was still able to work, I’d go back to trades. That’s where the i$, i$, i$.
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atechgeek
Posted on February 19, 2013 at 7:57amUntil the system crashes .. then all the techies and lefty tree huggers are gonna be out of luck and out of ammo.
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AUsername
Posted on February 18, 2013 at 4:12pmheck that is why i don’t got any debt lol.
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caleejr
Posted on February 18, 2013 at 4:12pmo.O
For INTERNSHIPS?! What do they pay them if they are Hired?! Dang!
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Cavallo
Posted on February 18, 2013 at 4:06pmTime to polish up the resume. The oil business looks pretty good.
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