Silicon Valley's interns enjoy perk-filled summer

Jun 8 2014, 12:28pm CDT | by

MOUNTAIN VIEW, Calif. (AP) — With summer's arrival comes an influx of thousands of Silicon Valley interns, and these kids aren't just fetching coffee.

Well paid and perked, young up-and-comers from around the world who successfully navigate the competitive application process are assigned big time responsibility at firms, where executives hope they someday will come back to launch careers.

Here are five things to know about Silicon Valley internships.

BIG BUCKS: Tech firms pay interns more than any other sector in the U.S., according to a Top 25 list of 2014 intern pay by online career website Glassdoor. Palo Alto-based Palantir Technologies, a cybersecurity firm, topped the list with $7,012 average monthly base pay, followed by social media and software firms including Twitter, LinkedIn, Facebook, eBay, Google and Apple, which pay more than $5,000 a month, the equivalent of $60,000 a year for full time jobs.

PERKS: Benefits differ from company to company, but they include free meals, bikes to borrow, commuter buses, massages, swimming pools, dance and language classes, nap pods, parties and paid flights and hotels.

THE COMPANIES: Virtually every major tech firm including Apple, eBay, Cisco, Facebook, Google, Hewlett Packard, and Intel, as well as many startups, offer internships.

HOURS: Interns put in long hours; the requirement is 40 hours a week, but the reality is they are immersed in projects they want to produce, and often put in longer hours.

THE WORK: While most positions are for computer science, programming and developing, there are plenty of non-tech internships for designers, bankers, marketers, public relations workers, artists and more.

 
 
 

<a href="/latest_stories/all/all/31" rel="author">Associated Press</a>
The Associated Press (AP) is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers.

 

blog comments powered by Disqus

Latest stories

Spotify launches on Sony PlayStation Music
Spotify launches on Sony PlayStation Music
Spotify streaming music service is now available on PS3 and PS4.
 
 
Best Buy kills its Future Shop Brand in Canada
Best Buy kills its Future Shop Brand in Canada
Best Buy announced today to shut down its Future Shop stores.
 
 
Ikea Foundation's Better Shelter has partnered with UNHCR for safer refugee hous
Ikea Foundation's Better Shelter has partnered with UNHCR for safer refugee housing
Better Shelter and the UNHCR recently joined together in providing refugees and displaced people with long-term housing units as global crises mount. But what is a Better Shelter and how does it help?
 
 
Ikea Foundation's Better Shelter has partnered with UNHCR for safer refugee hous
Ikea Foundation's Better Shelter has partnered with UNHCR for safer refugee housing
Better Shelter and the UNHCR recently joined together in providing refugees and displaced people with long-term housing units as global crises mount. But what is a Better Shelter and how does it help?