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Interns At These Companies Are Getting Paid More Than You

Tyler Durden's picture




 

And by "you", we mean of course the average American worker, who according to the Census Bureau averaged a full-time income of $4,400 per month, and whose plight has been documented extensively as making less and less on an inflation-adjusted basis every year, having an ever older average age, putting off retirement indefinitely, and whose lifestyle continues to deteriorate in line with the progressive elimination of the US middle class. But for every million or so disenfranchised workers, there are a few hundred lucky ones, in this particular case interns who work at companies that pay better than the average American worker. So if you are tired of making next to minimum wage, here is your chance to start afresh as an intern with zero experience at one of these 25 companies, while probably making more than the current jobs pays.

From Bloomberg:

Interns at the 25 best-paying companies earn an average monthly wage of between $4,604 and $6,704, according to a list provided by jobs site Glassdoor.com. For context, the average U.S. household pulls in about $4,400 monthly, based on U.S. Census Bureau data.

Who’s paying up? “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,” says Dobroski. “Why not tap the best young minds right out of the gate?”

Here’s the list, lowest to highest:

25. Qualcomm: $4,604
24. Bank of America: $4,605
23. SAP: $4,615
22. BP: $4,631
21. BlackRock: $4,698
20. Intel: $4,836
19. Tagged: $4,909
18. Capital One: $4,930
17. Deutsche Bank: $4,943
16. Shell Oil US: $4,975
15. Chevron: $4,999
14. PayPal: $5,060
13. Yahoo: $5,063
12. Apple: $5,277
11. Nvidia: $5,286
10. Amazon: $5,436
9. ConocoPhillips: $5,607
8. Microsoft: $5,847
7. Adobe: $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

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Mon, 02/18/2013 - 14:05 | 3253503 FLUSA.com
FLUSA.com's picture

at first I felt good about myself because I thought the amounts were on a yearly basis but.....ffffuuuuucccckkkkk thats a load for an intern.  I guess it pays to be a intern or "community organizer"

Mon, 02/18/2013 - 14:10 | 3253514 BaBaBouy
BaBaBouy's picture

Geee Let Me Take  Whild Guess ... Sack Man GOLD ???

 

Mon, 02/18/2013 - 14:45 | 3253665 quintago
quintago's picture

Combine this with 3.5% interest rates and now you know why the Silicon Valley housing market is effin ridiculous. 20-30 offers on homes which just 18 months ago would sit on the market for months. Back in 2000 (last tech bubble) I was an intern at a semiconductor company and they were paying me $4500 a month. I was an undergrad.

Shortly thereafter, it died. Some of the same stories -- crazy intern pay, out of control office rents, out of control housing activity. It's Silicon Valley - it comes and goes. The only problem is that we're at 3.5% rates. Not much fat left on them bones if things go sideways again....

Mon, 02/18/2013 - 15:11 | 3253743 Nussi34
Nussi34's picture

The EU bureaucrats are missing on the list. Most likely they are off the charts!

Mon, 02/18/2013 - 16:20 | 3253933 SeattleBruce
SeattleBruce's picture

Wait a second - do they make you work?  I think I'd still prefer all the free stuff Obamao is giving me, and I get to play vids in Mom's basement (with chip breaks).../sarcy role play

Mon, 02/18/2013 - 16:34 | 3253968 jballz
jballz's picture

If you people spent as much time working as you did whining about the government, you would earn enough to get me a raise on my food stamp allowance.

Get busy, bitchez.

Mon, 02/18/2013 - 22:30 | 3254706 Boris Alatovkrap
Boris Alatovkrap's picture

Q: How many is take Food Stamp recipient for screw incandescent bulb?

A: 47 Million, but all is sit around and wait for someone else to do job.

Tue, 02/19/2013 - 04:05 | 3254714 Boris Alatovkrap
Boris Alatovkrap's picture

Q: How many is fat cat banker for screw incandescent bulb?

A: Check posterior, banker too busy screw you to screw bulb, so answer is none.

Mon, 02/18/2013 - 15:45 | 3253836 DoChenRollingBearing
DoChenRollingBearing's picture

Interns would need real skills to work at (for example) ExxonMobil or Intel.  Not an engineer (or similarly well-skilled)?  Back to the grindstone then, bitchez!

Mon, 02/18/2013 - 17:21 | 3254083 IEVI
IEVI's picture

Intel pays more than that for skilled interns...more like $7000/mo 

Mon, 02/18/2013 - 18:40 | 3254279 otto skorzeny
otto skorzeny's picture

big tits helps

Mon, 02/18/2013 - 18:50 | 3254307 ceedub
ceedub's picture

You don't need real skills.  All you need is a good GPA and an engineering degree.  Once at co-op at Exxon they aren't really tasked with much from what all of my friends who worked there said.

Mon, 02/18/2013 - 22:54 | 3254772 Big Corked Boots
Big Corked Boots's picture

Well, it only costs $5.00 to get it out of the ground.

(or was that something else...?)

Mon, 02/18/2013 - 14:58 | 3253699 Boris Alatovkrap
Boris Alatovkrap's picture

Boris is remember intern for munitions factory. Intern is have important job handling explosive and combustible materials. Low pay but is great honor. Boris is still have 9 finger so is not to complain.

Mon, 02/18/2013 - 15:09 | 3253735 Ivanovich
Ivanovich's picture

Da, tovarisch.  I think I remember a cartoon like that where Bugs Bunny hits a bomb on the head with a hammer, and then writes "DUD" and moves to the next one.

Mon, 02/18/2013 - 20:10 | 3254478 redpill
redpill's picture

We should do that to Congress.

Mon, 02/18/2013 - 20:57 | 3254544 MsCreant
MsCreant's picture

If you do a good enough job with the hammer, no need for the rest.

Mon, 02/18/2013 - 22:26 | 3254696 Boris Alatovkrap
Boris Alatovkrap's picture

Remind Boris of Bernanke joke. When all is got nails, everything is looking like hammer.

Mon, 02/18/2013 - 22:28 | 3254702 Boris Alatovkrap
Boris Alatovkrap's picture

Sorry, Boris is screw for joke and ruin plot line. Should write, "When everything is look like hammer, all Bernanke need is nail."

Or something...

Tue, 02/19/2013 - 17:28 | 3257467 AGuy
AGuy's picture

In America Bernanke Prints Dollars into Toilet Paper. In Former Soviet Russia, They exchange America Dollar Toilet Paper for Gold Bullion.

 

Mon, 02/18/2013 - 14:58 | 3253701 Double.Eagle.Gold
Double.Eagle.Gold's picture

Intern pay is unusally high because it's become part &  parsel of recruiting talent. About 80-90% of the interns get offers. The point is, the Company get's to really see what the candidate's potential is. It's worth paying for that. 

Mon, 02/18/2013 - 21:28 | 3254605 Spigot
Spigot's picture

Internships usually are given to the daughters of the firms' management. The 10% know how to feather their own nests.

Mon, 02/18/2013 - 14:08 | 3253515 mayhem_korner
mayhem_korner's picture

 

 

But it's a very inexpensive alternative to bringing on full-time entry-level or experienced hires.  And with the number of unemployed, reasonably qualified people out there, the companies probably get a pretty good return.

Mon, 02/18/2013 - 14:27 | 3253594 Ignatius
Ignatius's picture

I suspect a 'tax angle' here without, incidentally, any direct evidence whatsoever.

My cynicism showing through, I know....

Mon, 02/18/2013 - 14:43 | 3253661 MachoMan
MachoMan's picture

probably not, unless the interns are former felons or meet some other subsidized class...

Mon, 02/18/2013 - 15:10 | 3253738 Winston Churchill
Winston Churchill's picture

Lesbian African American disabled mideget  limbo dancers ?

Mon, 02/18/2013 - 15:46 | 3253837 Cognitive Dissonance
Cognitive Dissonance's picture

Wow. I like the way your mind works. Care to intern at the SEC?

Mon, 02/18/2013 - 18:17 | 3254219 ATM
ATM's picture

That would be Human Resources - down the hall to the left.

Mon, 02/18/2013 - 20:10 | 3254481 redpill
redpill's picture

Limbo?  How about pole?

Mon, 02/18/2013 - 15:21 | 3253777 Mrmojorisin515
Mrmojorisin515's picture

like veterans?

Mon, 02/18/2013 - 14:28 | 3253595 Harbanger
Harbanger's picture

"ffffuuuuucccckkkkk thats a load for an intern."  I bet they're also getting laid more.

Mon, 02/18/2013 - 14:35 | 3253622 Peter Pan
Peter Pan's picture

I suspect that these are the figures for only those interns who CAN get a job.

Mon, 02/18/2013 - 14:42 | 3253657 Harbanger
Harbanger's picture

With those Govt funded high wages not everyone who applies gets hired.  There' stiff competition to only hire the interns who CAN get the job done.

Mon, 02/18/2013 - 14:59 | 3253703 foodstampbarry
foodstampbarry's picture

There' stiff competition to only hire the interns who CAN get the 'blow' job done.

Fixed.

Mon, 02/18/2013 - 16:27 | 3253951 Jugdish
Jugdish's picture

How about a sexually deviant dyke with a bull cut that just despises everyone and life itself? You can find many of them in lower level gov't positions and as head of homeland security.

Mon, 02/18/2013 - 14:31 | 3253608 SmittyinLA
SmittyinLA's picture

Al Gore's pet green energy company "Bloom Energy Corp" of Sunnyvale CA paid its Mexican "interns" $2.66 an hour, but they have strong wage pricing power in CA, the whole state is a F'kin whorehouse run by brain dead hippies on the take.

Mon, 02/18/2013 - 23:24 | 3254862 Vendetta
Vendetta's picture

Is that you Smitty, Guardsmark Smitty from AZ?

Mon, 02/18/2013 - 15:26 | 3253789 midtowng
midtowng's picture

A lot of these are for companies in the SF Bay Area.

  Makes one wonder what the economy there is like.

Mon, 02/18/2013 - 16:17 | 3253929 stacking12321
stacking12321's picture

it's not bad here surprisingly, but it's been better

unemployment is (relatively) low, building vacancies are low.

Mon, 02/18/2013 - 17:11 | 3254051 Boondocker
Boondocker's picture

its good, relatively speaking, in the silicon valley.....elaewhere it is a service economy.  

Mon, 02/18/2013 - 14:06 | 3253506 mayhem_korner
mayhem_korner's picture

 

 

Back in the 90s interns at the White House were paid 'loads'...

Mon, 02/18/2013 - 14:09 | 3253519 zuuma
zuuma's picture

"loads"

LOL!

Well played.

 

+1000

Mon, 02/18/2013 - 14:34 | 3253599 francis_sawyer
francis_sawyer's picture

For those of you who enjoy watered down beer...

~~~

- I did not have sexual relations with that woman = 'it's clownbux, bennybux, green & white paper fiats'

- I did not stick a cigar in her pussy & come on her face in a chair behind the RESOLUTE DESK = 'after all the calliope music, in the end ~ they're joobux'

~~~

Happy 'PRESIDENT'S DAY' celebrations to you all!

Sincerely,

francis_sawyer

~~~

Now ~ I think I'll casually meander on over to that WHY PEOPLE DON'T SEE thread to check out all the insightful commentary...

 

Mon, 02/18/2013 - 14:35 | 3253625 walküre
walküre's picture

Francis, can you find peace in this?

What if money were no object?

Mon, 02/18/2013 - 14:39 | 3253641 francis_sawyer
francis_sawyer's picture

Money is no object for me... Can you make that statement for the .01% that try & put a jackboot on the rest of the 99.9%?

Mon, 02/18/2013 - 14:56 | 3253687 walküre
walküre's picture

That's not the point. There have been and always will be .01% putting the jackboot to the rest of us.

Can we ignore the jackboot? Can we ignore their alleged powers and controls over us if we simply disengage and disobey?

What are they really worth if the 99.9% refuse to pay them any attention?

Life is short. Our life is all we've got. They try and steal away our time by way of putting the spotlight and the attention on them. I refuse.

Stop consuming their pride and feeding their egos. They will die and become dust just like the rest. What will it have mattered to them personally how rich and powerful they were the minute they're dead and they will inevitably die. Their memories die along with them.

Money cannot be the purpose of our existence. But if we elevate the status of the moneychangers by living only for their benefit, then we cannot enjoy our life as miserable as it may be.

Mon, 02/18/2013 - 15:02 | 3253712 RichardP
RichardP's picture

They will die and become dust just like the rest. What will it have mattered to them personally how rich and powerful they were the minute they're dead...

http://www.nytimes.com/2013/02/19/sports/basketball/jerry-buss-longtime-...

Mon, 02/18/2013 - 18:20 | 3254040 francis_sawyer
francis_sawyer's picture

Oh that's real sound advice walkure...

~~~

Ignore them... Be silent... keep chopping straw in the mud to make Pharaoh's bricks & pretend you don't care...

Sincerely Yours,

Ramuses II ~ [so let it be written... so let it be done]

Mon, 02/18/2013 - 15:52 | 3253849 Whiteshadowmovement
Whiteshadowmovement's picture

Alan Watts was a genius and brilliant philosopher:


“Through our eyes, the universe is perceiving itself. Through our ears, the universe is listening to its harmonies. We are the witnesses through which the universe becomes conscious of its glory, of its magnificence.”

Mon, 02/18/2013 - 15:59 | 3253870 ToNYC
ToNYC's picture

Alan Watts may indeed be a genius; but the Universe is not interested in our desire to experience it. If you see something, say something..... to yourself and write it down. No matter what you know, without regular practice it is a dead end on your shoulders.

Do NOT follow this link or you will be banned from the site!