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Can you clarify the percentages for internships? Equivalent annual salary as in, if a student is making $20/hr at a 3-month internship, then their equivalent an
by miranda_rights 9y ago
Can you clarify the percentages for internships? Equivalent annual salary as in, if a student is making $20/hr at a 3-month internship, then their equivalent annual salary would be $20/hr * 40 hr/ week * 52 weeks = $41600, and your payment would be $2912? Or is it just 7% of what they earned over the summer ($9600, and payment would be $672?)
- kevintxwu 9y agoIt's the $2912 one. Unfortunately, we can't offer the same services without basing it off of equivalent annual salary. For the students that look for internships with us, the service is a reduction in short-term capital gain for career trajectory.