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Tell me if I'm calculating this incorrectly. $45 * 8 (hours a day) * 22 (days a month) * 12 (months) = $95k You were getting paid the equivalent of $95k/year
by perryizgr8 6y ago
Tell me if I'm calculating this incorrectly.
$45 * 8 (hours a day) * 22 (days a month) * 12 (months) = $95k
You were getting paid the equivalent of $95k/year as an intern??
- evilos 6y agoFun fact you can approximate hourly rate to yearly salary roughly just by multiplying by two. $45/hr roughly 90k ish
- coopierez 6y agoSilicon Valley salaries are something else. ARM in Cambridge paid their interns something like £20-22K around 5 years ago. No wonder almost none of them stayed on as graduates.
- junipertea 6y agoInterns don't stay for a whole year, but yeah, this is typical internship salary (it might have gone to 55+ now) at FAANG.
- stephencanon 6y agoYes, that’s correct. Of course, interns don’t generally work 40 hour weeks for a full year, so in practice my W2 income was more like $55k. I was originally hired for the summer at $35/hr or so, and then got a raise at the end of the summer when they asked me to stay on part-time during the school year.