PAID INTERNSHIP? ARE YOU JOKING??

Summer Internship used to be a synonym of unpaid labor. But gone are those days of old when
companies looked down at Interns. Nowadays, Companies are in a race with each other to not
only hire the most innovative, brightest and most creative young minds as interns but pay them
better than their counterparts. If you do possess the right talent then you stand to pocket as much
as $7000 a month.
Most people seeking internship would do anything to work at tech companies like Google,
Apple, Facebook or even Amazon. But do we really know which companies are the topmost
payers?
According to a recent report on Glassdoor.com, 19 of the 25 highest paying companies are tech
based. The rest are oil, gas, energy etc.

According to the report from Glassdoor.com, the following are the Top
10 Payers of 2014.
10:

Amazon.com, Inc. is the world's largest online retailer service with reach over 45 countries and
has inspired many other similar online stores.
Average Monthly Base Pay:
$5,631
Additional Benefits for Interns:
1. Work with professionals of a Fortune 500 Company
2. Future Employment Prospects

09:

Apple is currently the world's second-largest IT giant by revenue after Samsung, and the world's
third-largest mobile manufacturer.
Average Monthly Base Pay:
$5,723
Additional Benefits for Interns:
3. Housing Benefits up to $1,000
4. Free Meals
5. All employee benefits like fitness memberships, health insurance and other
related discounts.

08:

According to Fortune magazine, Google was the best company in the years 2007 to 2012. In
2010, Google was nominated to be the world's most attractive employer to graduating students.
Average Monthly Base Pay:
$5,969
Additional Benefits for Interns:
1. Paid accommodations during the internship
2. Plenty of opportunities to network
3. Learning from the resident geniuses at Google

07:

Ebay is the leading online auction and shopping website. It helps people and businesses buy and
sell a broad variety of goods and services worldwide. It has reach in about 30 countries.
Average Monthly Base Pay:
$6,126
Additional Benefits for Interns:
1. Potential future career prospects
2. Plenty of opportunities to learn and network

06:

Microsoft is the market leader in developing, manufacturing, licensing, supporting and selling
softwares, consumer electronics, computers and services. It is the world's largest software
developer in terms of profit. It is also one of the world's most valuable companies.
Average Monthly Base Pay:
$6,138
Additional Benefits for Interns:
1.
2.
3.
4.

A well-planned and laid out internship program

Subsidies in Housing
Subsidies in Car-renting
Subsidies to relocate

5. Plenty of opportunities to grow professionally

05:

Who doesnt know about Facebook. It is the market leading online social networking service. It
was recently voted as one of the best place to work at.
Average Monthly Base Pay:
$6,213
Additional Benefits for Interns:
1. Great for getting recognition and getting hired in different tech companies
2. Great additional benefits
04:

LinkedIn is a business-oriented social networking service. LinkedIn reports more than 259
million acquired users in more than 200 countries and territories.
Average Monthly Base Pay:
$6,230
Additional Benefits for Interns:
1. Helpful for getting recognition and hired in different tech companies
2. Great additional benefits
03:

Twitter is
an online
social
networking
and micro
blogging
service that enables users to send and read short 140-character text messages, called "tweets". It
currently has over 500 million users.
Average Monthly Base Pay:
$6,791
Additional Benefits for Interns:
1. Interns are valued and have a say in companys decision making
2. Plenty of growth opportunities
3. Foundation for future employment in other companies

02:

VMware is the market leader in providing cloud and virtualization software and services.
VMwares revenues crossed US$ 5.20 billion in 2013.
Average Monthly Base Pay:
$6,966
Additional Benefits for Interns:

1. Bonuses in addition to base pay

2. Lots of additional perks like housing etc
3. Plenty of growth opportunities
And the Numero Uno is:

Palantir Technologies is a computer software and services company which specializes in data
analysis and services. Its primary customers are the US government customers. Palantir is
currently being valued at $ 9 Billion.
Average Monthly Base Pay:
$7,012
Additional Benefits for Interns:

1. The prestige apart from the pay

2. Lots of additional bonuses
3. Very Good Future Prospects
Notable names missing from the list are ADOBE, QUALCOMM, CISCO and IBM.
Though we agree that an Interns preference for a company might not only be based on the pay
and related benefits but other non monetary aspects like job satisfaction etc as well. So our
advice would be to choose wisely after weighing in all the aspects. The competition is fierce,
both in searching for interns as well as internships. Choose wisely, play your cards right and you
might land that dream Internship.