Students are raking in the cash at tech company internships, earning more than the average American worker, according to a new report from Glassdoor.
Tech companies hold 16 of the top 25 paying internships this year on Glassdoor's list. The monthly median pay for these internships, when extrapolated, tops that of the average full-time American worker who earns a median of $51,350, according to Glassdoor's data. Compare that to pay at Facebook, the highest paying company for internships. There, interns earn median monthly pay of $8,000, which is the equivalent of an annual salary of about $96,000, according to Glassdoor.
Data in the report is based on self-reported income from interns who are currently in or have completed programs within the past year. Glassdoor only used companies with at least 25 reports. For organizations with the same median monthly pay, Glassdoor used the number of reports as a tie-breaker.
Here is the median monthly pay for the top 15 tech internships and how much an annual salary would be if that paycheck were earned over a full year.
1. Facebook — $8,000 median monthly pay (equivalent of $96,000 annual salary)
2. Microsoft — $7,100 ($85,200)
3. Salesforce — $6,450 ($77,400)
4. Amazon — $6,400 ($76,800)
5. Apple — $6,400 ($76,800)
6. Yelp — $6,400 ($76,800)
7. Yahoo — $6,080 ($72,960)
8. VMWare — $6,080 ($72,960)
9. Google — $6,000 ($72,000)
10. NVIDIA — $5,770 ($69,240)
11. Intuit — $5,440 ($65,280)
12. Juniper Networks — $5,440 ($65,280)
13. Workday — $5,440 ($65,280)
14. Adobe — $5,120 ($61,440)
15. MathWorks — $5,120 ($61,440)
16. Qualcomm — $5,040 ($60,480)
See the full ranking on Glassdoor here.
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