These tech corporations provide the very best paid internships — some over $8K a month
Digital fee firm Stripe, adopted by a slew of tech giants together with Amazon, Microsoft and Fb dad or mum Meta, provide the most profitable internships in 2023, based on a brand new report.
Stripe topped Glassdoor’s annual list of the 25 highest-paying internships with interns bringing house a median month-to-month wage of $9,064 primarily based on a 40-hour work week, based on the report.
That will equal over $100,000 per 12 months.
To place this in perspective, Glassdoor knowledge confirmed that the typical intern made $24.63 per hour in 2022.
Though that’s an 11% improve from the typical pay of $22.17 the 12 months prior, it’s nicely beneath Stripe’s common month-to-month wage.
A median of $24.63 per hour primarily based on a 40-hour work week would equate to a median month-to-month wage of simply over $3,900.
On-line gaming platform Roblox got here in second, providing a month-to-month common intern wage of about $9,017.
Greater than half of the internships on the checklist are at tech corporations, together with corporations that skilled mass layoffs in current months.
This contains tech giants resembling Amazon, Microsoft, Meta and Twitter.
In response to the information, 5 of the 25 internships have been at finance corporations together with Capital One and Citi, and three have been at consulting corporations together with McKinsey & Co. and Bain & Co., which has been named one of many top companies to work for in 2023.
Listed here are the highest 10 most profitable internships for 2023 and the typical month-to-month wage, based on Glassdoor:
- Stripe: $9,064
- Roblox: $9,017
- NVIDIA: $8,280
- Coinbase: $8,206
- Meta: $8,160
- Capital One: $8,050
- Credit score Suisse: $7,947
- Bain & Co.: $7,873
- Amazon: $7,809
- EY-Parthenon: $7,651