When most kids decide on their summer internship, they have to ask themselves tough questions: Can I afford to take an unpaid internship? And which potential offer is most likely going to lead to a job down the road?
Young coders, however, are more likely to wonder if $20,000 for the summer is really that much better than $19,000.
When Jessica Shu, a 19-year-old wunderkind at Cornell, was weighing her options for the summer, she wanted to be damn sure of her options. After digging around Reddit, asking colleagues and messaging around, she compiled a list of what Silicon Valley’s hottest companies are offering their interns — or at least were last summer — and posted it to Hackathon Hackers, a student coder community.
Here’s the compiled list exactly as it appeared in Ms. Shu’s original post:
Quora $8250/month + $1500 housing
Palantir: $7500 + housing
Pinterest: $7500 + $1.5k/month housing
Upthere: $6400/mo + $900/mo housing
Jane Street: $10,400/month
Dropbox: $8.5 salary + $5 housing stipend or provided housing (it is nice)
Google: $7000/month Housing Stipend: “I think 9K?”
Square: $7500/mo + $1500/mo housing (Doctorate Student Internship)
LinkedIn: $44/hour (around $7600/month) + 5k relocation (one time)
Amazon Seattle: $6k salary + $2.5 per month housing ($8500)
Amazon SF: $7.5k salary + $3500/month
Fitbit SF: $9.3k/month
Apple: $6k and $3.5k per month housing ($9500)
Coursera KPCB: $7000/month and housing $1000/month + Macbook Pro
Facebook: $6.8k/mo (return) and housing: $1k/mo or corp housing
Foursquare NY: $6000/month and housing: $5k stipend
Microsoft Seattle: $7.5/mo + Housing $2.5k + $5k returning intern bonus
Remember, this is a list compiled from what former interns — confirmed and otherwise — claim they were made or offered, not directly from company listings, though these numbers are on par with offers in the past.
Ms. Shu, who uses the money from her summers to cover her year-round expenses, says that it’s splitting hairs to focus only on the cash.
“It’s only the summer, those differences don’t add up to that much,” Ms. Shu told Betabeat in text messages. “I would definitely put company culture as a significant factor.”
Ms. Shu is already interviewing at major firms for next summer. She didn’t want us to say who — the process is selective, discreet and competitive — but given her piles of accolades, we’re sure she’ll land somewhere with serious clout.
And if you’re an early-stage startup looking for a prolific intern? Now that you know what the big guys are willing to offer, you’ll probably need another funding round or a second mortgage on your home in order to afford them.