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I mean for any big tech company, its not that cheap. I made $42.50 an hour plus a housing stipend when I was an intern, and I don't think that I did very much.
by aripickar 7y ago
I mean for any big tech company, its not that cheap. I made $42.50 an hour plus a housing stipend when I was an intern, and I don't think that I did very much. A lot of the reason that companies do that is that paying an intern about $20k for the summer and converting them to a full time employee after graduation is cheaper than what they would spend to hire someone through the interview process and stuff like that.
- tasogare 7y agoTo put things into perspective, a 3 months internship in France (which are usually imposed as part of master degree) is paid approximately 1650€ (1800 USD), for the whole internship. Yes, that doesn’t even pay a rent.
- aripickar 7y agoI don't know what perspective that really brings. I'm sure that there are internships that pay less, but Cloudflare is a big company that is in the Bay Area, so thats pretty much what they're gonna pay.
- mam2 7y agoCertainly not in most paris tech compagnies : mine pays 1000/month and its a startup. In Big tech its at least 1500.
- duxup 7y agoI worked with a lot of interns, and in my experience the ONLY value was finding folks randomly who were good enough to hire. The actual productivity / work for the interns on average was very low. The rate was so low though that I'm not sure if it really was a net positive, but I think the company liked the PR and such too.
- sokoloff 7y agoWe sometimes get completed usable work out of interns, but it’s much more a recruiting vehicle (for us) and a training/pay it back for the candidates. The recruiting can pay off for a decade when you land a star out of college and retain them.
- aripickar 7y agoI mean yeah, that's not really a secret. The head of the intern program that I was at straight up told all the interns that it was worth it to the company if even 20% of the interns who were hired returned as full time employees.