360° Coverage : Silicon Valley's interns enjoy perk-filled summer

10 Updates

Silicon Valley's interns enjoy perk-filled summer

Jun 8 2014, 4:46pm CDT | by

MOUNTAIN VIEW, Calif. (AP) — Sitting in a kitchen stocked with free food, a handful of 20-something Google summer interns weigh their favorite perks, but where to begin? With bikes,...

Filed under: news

 
 
 

7 weeks ago

Silicon Valley's interns enjoy perk-filled summer

Jun 8 2014, 4:46pm CDT | by

MOUNTAIN VIEW, Calif. (AP) — Sitting in a kitchen stocked with free food, a handful of 20-something Google summer interns weigh their favorite perks, but where to begin? With bikes, buses, massages, swimming pools, dance classes, nap pods, parties and access to their tech heroes, it's a very long list.

"Unlimited sparkling water?" someone says.

In the end, however, the budding Googlers are most excited about the work.

"The project I'm working on is super high impact, and I'm looking for ways to make my mark," says Rita DeRaedt, 20, studying visual communication technology at Bowling Green State University in Ohio. She admitted to being a bit star-struck after she was assigned to a team headed by a designer she's long admired.

With summer's arrival comes an influx of thousands of Silicon Valley interns. 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 such as Google, Facebook, Dropbox and Twitter.

Silicon Valley tech firms pay their 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.

Palantir Technologies, a Palo Alto-based cybersecurity firm, topped the list with $7,012 average monthly base pay. Also on the list: Twitter, LinkedIn, Facebook, eBay, Google and Apple, all of which pay more than $5,000 a month, or $60,000 annually if these were full time jobs.

And that's not counting the perks, which at Facebook even include housing in this high rent region.

Executives hope that a fun and stimulating summer will motivate them to come back after graduation to launch careers. It's money well spent in a field fighting for talent, says Keck Graduate Institute professor Joel West in Claremont, who hired interns when he ran his own software company, and now helps place students at internships.

"When you're an employer, interns are a win-win, because you get relatively cheap labor and you get a first look at talented and ambitious people," he says. "You get first dibs on them."

Indeed, many of the internships turn into careers.

Max Schireson, CEO of database startup MongoDB, with offices in Palo Alto and New York, says they nurture former interns, 35 this summer selected from a pool of 3,000, when they return to their respective schools — primarily Brown, MIT, Stanford and Princeton.

"We try to keep in touch with them both to keep that relationship warm but also because they can help us in identifying our next crop," Schireson says.

Schireson says that while there's solid pay, with food, drink and candy around the office, there are limits. Ultimately, he says, "we want people attracted mostly by the workplace challenges."

Typically, interns are assigned to collaborative teams working on specific projects; computer science student might be writing software code to make failed passcode attempts erase data, while a human resources student might be creating online learning modules for new hires.

Serial entrepreneur Jon Bischke, currently CEO of San Francisco-based Entelo, a tech recruiter, said interns better arrive ready to hustle.

"Companies in Silicon Valley are growing faster than literally any companies anywhere since the beginning of time," he said. "The energy is palpable and for people who appreciate fast-paced environments, you won't find anything faster than what's going on in Silicon Valley right now."

But there is an effort to keep hours reasonable, and many said East Coast financial sector interns work longer hours for less pay.

"We believe in paying for work and paying our interns, full stop, but we don't believe in making interns work all hours of the day unnecessarily, and think there are lessons to be learned in terms of managing time and workflow," said Google spokeswoman Meghan Casserly. Overtime is allowed, however, for projects that warrant it, she says.

Chris Crawford was 18, a student at University of California, Santa Cruz, when he landed his first internship at nearby Cupertino-based Apple. He spent the next five summers interning at Apple, two in public relations, three at iTunes.

"I love Apple technology, I'm a musician and I loved what they were doing in the music industry, and I got real life business experience there," says Crawford, who went on to launch his own startup, Loudr.fm, in 2009, an online service where musicians can sell cover songs and original music to fans, or through iTunes, Spotify, Google Play and other sites.

Now and then, he says, their little firm of eight even gets an intern.

Google's head of global staffing Kyle Ewing says the biggest misconception about their interns is that they are all computer scientists from elite universities. Instead, Google, and many other firms, have outreach programs to both diversify their workforce and provide opportunities for non-technical students.

As for the new class of interns, thousands of them, Ewing says she expects them to be tackling major challenges as they sip their sparkly water over the next three months. "Our hope is that we can offer a job to anybody who has a successful summer," she says. "We have a very, very successful pipeline."

___

Follow Martha Mendoza at https://twitter.com/mendozamartha

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat was told today ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broke ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the De ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri Hishammuddin Husse ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in t ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

8 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over R ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

8 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Must ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

8 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

8 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan B ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

8 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Daman ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

Don't miss ...

 

<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

Methane created mysterious Siberian crater: Study
London, Aug 1 (IANS) The mysterious crater spotted in the frozen Yamal peninsula in Siberia earlier this month was probably caused by methane released as permafrost thawed, Russian researchers say.
 
 
Why some people can cope with short sleep
New York, Aug 1 (IANS) Most people require seven to nine hours of sleep to have proper daytime functioning, but some people can function normally on less than six hours of sleep per night owing to a gene mutation, says a study.
 
 
Way to restore body's insulin producing ability
New York, Aug 1 (IANS) There is good news for patients suffering from type-one diabetes as they may soon be able to do away with their daily insulin dose to manage their blood-sugar levels.
 
 
How flu virus infects host cells
New York, Aug 1 (IANS) A new computer simulation shows how the flu virus attacks and infects host cells which may lead to new strategies to stop influenza and even Ebola, perhaps even a one-size-fits-all vaccine.
 
 
 

Latest from the Network

Renewed fighting in Gaza as truce collapses, toll 1,463
Gaza/Jerusalem, Aug 1 (IANS) At least 27 Palestinians were killed and 200 others were wounded Friday in Israeli air raids and artillery attacks on the city of Rafah, in the south of Gaza, breaking a 72-hour...
Read more on Politics Balla
 
Methane created mysterious Siberian crater: Study
London, Aug 1 (IANS) The mysterious crater spotted in the frozen Yamal peninsula in Siberia earlier this month was probably caused by methane released as permafrost thawed, Russian researchers say. "Air near the...
Read more on Apple Balla
 
Why some people can cope with short sleep
New York, Aug 1 (IANS) Most people require seven to nine hours of sleep to have proper daytime functioning, but some people can function normally on less than six hours of sleep per night owing to a gene mutation, says...
Read more on Apple Balla
 
Way to restore body's insulin producing ability
New York, Aug 1 (IANS) There is good news for patients suffering from type-one diabetes as they may soon be able to do away with their daily insulin dose to manage their blood-sugar levels. Researchers have found that...
Read more on Apple Balla
 
How flu virus infects host cells
New York, Aug 1 (IANS) A new computer simulation shows how the flu virus attacks and infects host cells which may lead to new strategies to stop influenza and even Ebola, perhaps even a one-size-fits-all vaccine. In...
Read more on Apple Balla
 
James Buckley: Inbetweeners cast like 'football team'
James Buckley thinks the 'Inbetweeners 2' cast is like an unfancied ''football team''. The 26-year-old actor - who plays sex fantasist Jay Cartwright in the movie - believes fans want them succeed because they're not...
Read more on Movie Balla
 
Toni Garrn lands film role
Toni Garrn has landed her first film role. The stunning 22-year-old model will make her acting debut in 'Under the Bed', which will be produced by her A-list boyfriend Leonardo DiCaprio's production company, Appian Way...
Read more on Movie Balla
 
Orlando Bloom dating Erica Packer?
Orlando Bloom has reportedly been ''frolicking'' with Erica Packer. The 'Lord of the Rings' actor - who got into an altercation with Justin Bieber in Ibiza in the early hours of Wednesday (07.30.14) morning - was seen...
Read more on Celebrity Balla
 
Mollie King reunites with David Gandy
Mollie King has reportedly got back together with David Gandy. The Saturdays singer split with her US producer boyfriend Jordan Omley last month and following their separation, she has grown increasingly close to the...
Read more on Celebrity Balla
 
Katy Perry: Divorce killed dream
Katy Perry says her divorce was the ''death of a dream''. The 'Roar' hitmaker was left heartbroken when her marriage to Russell Brand ended in 2011 after just 14 months and she says the split was incredibly ''traumatic...
Read more on Celebrity Balla