Silicon Valley Double Speak: The Salary Edition
Question of the Day: Do You Earn Less Than a Silicon Valley Intern? Chances are, the answer is ‘Yes.’ One of the big tech news stories of last week was the amount of money that tech companies tend to pay their summer interns. Here’s the Forbes list of The Best-Paying Tech Companies for Interns. According to the article, “Facebook interns earn an average monthly base pay of $6,056, according to Glassdoor. Interns at Google rake in $5,678 per month, on average—while those at Amazon and Apple make $5,366 and $4,914 per month, respectively.” Not including perks and benefits, and keeping in mind that internships generally last just a few short months. Annualized (around $80K), not bad base salaries, generally, for untrained and relatively unskilled college students.
We anxiously await the follow-on article about how much these companies are paying newly-minted entry level grads, and if they’re offering them housing and travel as well.