Can You Believe How Much Money Facebook Interns Make?
I used to be an intern. I got my start back in January 2005 interning at VIBE. And, I was thrilled to be there. I ended up staying on as an intern for about a year before I was hired there and joined the staff. So, in the end, it really worked out for me.
But, here’s the thing about being an intern: Financially, it sucks. Let me put a little more emphasis on that. It sucks. Like, if you’re looking for an internship–which, by the way, I’d highly recommend if you’re looking to break into a field like journalism—don’t do it because you want to make a lot of money. Because, truth be told, you’re not going to make much. Or, worse yet, you’re probably not going to make anything. I had to work a part-time job just to be able to afford to commute to VIBE and buy lunch during the year I interned there. I’m not complaining about it. It’s all a part of paying dues. But, interning is not exactly lucrative when it comes to your bottom line.
Well, let me take that back. Interning isn’t usually lucrative. I say that because I just came across this story about software engineering interns at Facebook, and it’s pretty safe to say that not all interns struggle to make ends meet because of their lack of pay. In fact, from where I’m sitting, becoming a Facebook “intern” actually sounds like a pretty cushy job. Facebook interns stand to make a monthly salary of about $6,225. Not a yearly salary. A monthly salary. That means they take home about $74,000 per year for interning at Facebook. Oh, and that’s actually not every intern’s salary. It’s the average intern’s salary. So, there are some who make well over $100,000 and some who “only” make $50 or $60K.
Facebook interns aren’t the only interns pulling in major bank, either. Other tech companies like Google ($6,463/month), Microsoft ($6,746/month), and Amazon ($5,552) also offer nice monthly payments to their interns. And, statistics show that those who work in the finance and accounting fields also make a pretty penny when they intern at major corporations.
So, what can we learn from all of this? Well, that I clearly chose the wrong type of internship (just kidding—I couldn’t have picked a better place) and that when I have kids, they’re definitely going to at least consider studying computer science in college (not kidding about that one!). Because, as someone who used to be an intern, the “salary” Facebook offers to interns sounds almost too good to be tru
Interns at these companies are actually only allowed to work there for three months. You are recruited from a university and intern there during summer. Sure you are making $6300 *3- but then you have to put that in perspective with the amount of hours you put in because it is a monthly salary and not an hourly salary- let alone the college debt it takes to get there.
I averaged 10 hours a day during my internship. If you count a month as 24 working days (mon-fri), you see that it comes out to be $26/hr. Still a large amount but maybe not as much as you first thought?
Sorry I know a few interns, and they do not get paid a single penny, Zero paychecks, zero cash. They are given free shared housing and food coupons redeemable only at MSFT cafes only open on the weekdays.
We should save these kids from making the biggest mistake of their lives.
Real data from people in Redmond, says this:
College Interns DO NOT get paid money/cash. They are given food coupons valid only at Microsoft cafeterias. They are not paid any money, yet do alot of work. There is no guarantee for employment. They are able to bypass worker rights by saying they are interns, so these interns are treated horribly. Work for free, more than 60 hours a week, and are NOT able to get references for there work done. You are housed with other interns across the street from campus with OTHER interns. You live in small apartments with used furniture. Plan on a second job while being an intern.
They do not hire out of college! You need some level of experience in the trade, they want to know if you can actually think outside of the box. Campus recruiting is nothing more than a cheap way of advertising a shrinking industry.
If you plan on working in technology, plan on an OVER populated industry with Ph.D level applicants bidding for the same position. If you think getting hired is easy, try working under this new was of Human Resources, where they through psychological tests while working just to see your reaction! There is no challenge in a company hurting in everyway. The company is going out of business and has only managed to hold on by tricks of releasing the same products with different colors and logos and fashionable names. They are not innovating or creating. They are only stealing technologies from foreign patents. The amount of politics that reside equals that in congress. The amount of backstabbing and rearend kissing is daily.
Try going to useless meetings three times a day, everyday of the week, meetings about nothing, meetings about yesterdays meetings. These are great for showing to managers that you are doing something.
Try using tools like TFS, which are nonproductivity tools, designed to WASTE productivity, and be blamed for not being productive.
MSFT represents 21st century SLAVERY. Its a sweatshop, an assembly line of workers working for the LOWEST wage.
The amount of imported workers every week is mind blowing. The bus in thousands every week from Inida, using shell companies that surround the Redmond area. These fake companies with one or two employees will recruit from India, ship THEIR MAXIMUM allowed H1 visas and change their name to another companyname. What this has been doing for the LAST 10 YEARS, is driving the wage for tech professionals all the way to the bottom equalling that of fast food workers at McDonalds. In fact Managers at McD’s make MORE, have better benefits and are eligible to make millions in the future. YET, MSFT will drive you life and salary to the bottom. There is not such thing as performance, unless you kiss as much rear ends as possible.
This company hurt the entire tech/software industry as others companies follow the same routine. This is not an industry to choose and people should be honest to these students to change professions before its to late.
Working on MSFT proprietary applications means you will not be able to find work OUTSIDE of redmond. None uses microsoft development code anymore. Their exclusiveness, non competes, will land you and your coworkers in the food lines as many who work AT Microsoft on the largest projects these last ten years CAN NOT even afford gasoline to drive to work. Every year wages get even lower. TODAY, after ten years of this, wages are so low that its equal to someone with a college degree. All you have to do ask some of the recruiters in Redmond, research the wages, not from hyped up promoted sites, but from the low down sites, that really post honest wages. The wages just are not their anymore and the teachers are so out of touch, they keep promoting students into an industry that ended years ago.
BOYCOTT MICROSOFT FOR CRIMES AGAINST SOFTWARE HUMANITY!
Have you ever interned at microsoft? I did and it was pretty awesome–pocketed a cool 15k over the summer plus the above food / housing perks you mentioned.
And they offered me 100 base + bonus (20 – 50k) when i get out of college…slavery you said?
Jealous much bro?
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