Dive Brief:
- This summer's crop of interns are heading for the nation's top companies, reports Jena McGregor for The Washington Post — and many are paid more than the median average salary for most Americans.
- A new Glassdoor report lists the top 25 best paying companies for interns, the top being Facebook at $8,000 per month, or $96,000 per year. The median average salary for an American is close to half of that at $51,350, according to Glassdoor data.
- 16 out of 25 companies that pay the most are heavily focused on technology, with the remaining being in finance, consulting, and energy.
Dive Insight:
For the thousands of hopeful interns looking for career-building opportunities, being able to know what companies are actually paying interns is a plus. By offering above average pay, companies hope to attract the best candidates and introduce them to the company culture for a summer — and then, after they graduate school, snag them as full-time talent.
Internships play an increasingly important part of the recruiting process, especially as more employers want fresh graduates to have work experience on their resumes even before they begin full-time work.
Obviously, not all companies can afford such massive pay checks to their youngest temporary employees. According to research, millennials and other new grads are always on the lookout for additional perks like remote working, support for more learning, and offers of regular employment. Indeed, many of the companies on this list also offer robust benefits and fun opportunities to their interns, largely free of cost to the interns.
