Facebook (FB) made news recently for paying some of its interns six-figure salaries. Yet Facebook is hardly alone in treating its interns like gold - here are ten companies offering great salaries and perks to interns. They're not always easy to snag, but when you do, expect a big salary - and plenty of swag.
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LinkedIn, a Microsoft (MSFT) subsidiary, shows more than 2,200 summer internship openings at the Social media giant this summer. The median monthly salary for a Facebook intern is $8,000 (many make more), according to a UCal Berkeley survey of 503 college interns in 2016. But that's just for starters - Facebook interns also garner free travel and housing, and plenty of free swag. Getting invited to cool company events, like SummerFest, allows Facebook interns to rub elbows with company elites - the primary goal of any internship.
Hipster film stars Vince Vaughn and Owen Wilson famously played Google (GOOG) interns in the 2013 movie "The Internship," thus exposing the Google experience to millions of collegians. What's the real deal? Google intern hires are focused mainly on engineering, sales, marketing, and finance. Each role offers a fast path to a full-time job at the internet giant. Pay-wise, engineers have it best - they earn over $7,000 per-month according to Glassdoor. MBAs do even better - they make over $8,000 per month.
Apple (AAPL) , The House that Steve Jobs Built, is a techno-wonderland for college student interns, who average over $7,000 per-month in pay (plus paid overtime), along with free housing near its San Francisco Bay-area headquarters. Relocation and airfare costs to get to Cupertino are covered, and you'll meet fellow Apple interns from all over the world as the company leans forward with a decidedly global internship philosophy.
Free tickets to Seattle Mariners and "field trips" to video arcades are some of the fun perks when interning with Microsoft, in Redmond, Wash. You'll also get subsidized housing, a free health club membership, software discounts and even on-site oil changes. Pay is highly competitive, too, at over $7,000 per month for Microsoft interns.
Paid overtime, subsidized meals, the opportunity to pick your own projects, and the opportunity to work (and network) in beautiful Pala Alto, Calif. are just a few of the perks of interning for Tesla (TSLA) . Interns earn, on average, between $25 and $30 per hour (more for engineers). You'll also work on the site of the famed Tesla Factory, home of worldwide production for the company's Model S and Model X vehicles. There's also a good chance you'll meet Elon Musk in person - numerous Tesla interns say they've had the experience.
The pay scale at Goldman Sachs (GS) , one of Wall Street's most powerful firms, is generous, although wide-ranging. Glassdoor states that some technology analysts can average over $6,500 per month for a traditional summer internship, while traditional analyst internships rake in $5,300 per month. The finance giant accepts about 2,900 interns each year, many of whom go on to high-paying careers on Wall Street. You'll have to put your hours in to prove your mettle, but if finance is in your future, Goldman Sachs is a dependable - and lucrative - launching pad. Even mid-level Goldman associates cash in at $173,000 per year, Glassdoor reports.
Of over 1,092 JPMorgan Chase (JPM) internship reviews on Vault.com, 1,014 rated the experience with either four-star or five-star ratings (out of a five-star maximum.) Why? Good pay, for starters, as company interns earn between $25 and $33 per hour. An internship at JPMorgan is a real turbo-booster, as the banking behemoth doesn't believe in giving interns "busy work." Instead, interns are placed on the types of high-finance, high-profile client projects that look great on a professional resume and often prove to be deciding factors when applying for great-paying jobs on Wall Street.
Like most technology companies, Amazon (AMZN) is passionate about landing good interns. So much so, they'll pay upwards of up to $7,500 per month for most interns and upwards of $9,000 per month for MBA interns. As part of the package, Amazon offers monthly living stipends of around $2,500 to $3,500, depending on the city of your internship (Seattle or San Francisco). The company will even pay for your flight to your internship, as well.
Dropbox is at the high end of the intern pay scale, offering new college staffers an $8,500 salary, plus a $5,000 housing stipend or the company will provide housing for free. In addition, the company will even fly mom and dad in for free, for the company's summer Parents' Weekend in San Francisco, to talk up the company, explain its vision and tout the company as a great landing spot for interns once they graduate from college. Dropbox interns also rave about the Michelin-rated Tuckshop, the firm's in-house restaurant, where the meals are free, and apparently diverse and delicious.
Another high-paying high-flyer, Fitbit (FIT) pays up to $9,300 per-month for interns in its San Francisco office. Interns also get their share of perks, including free lunches, Friday happy hours, on-site fitness classes (no surprise there) and a whole lot more. It's a vibrant, youth-oriented company, where college interns should feel right at home.
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