So Pinterest is paying interns $10k base and $10k relo for a summer... wtf? I can imagine these numbers for trading firms but Pinterest? wut
10k/month??
Sad
Yuuggee
too high?
Seems about right to me. We (Brightroll) used to hire new grads at $135k (class of 2015) before getting acq'd by Yahoo. $10k/month (and no benefits) isn't outrageous for a 3rd year intern.
wow 135k for a new grad? is that the going rate these days??
it's a lot less than FB pays new grads lol
That's way above market. Companies over paying for interns and new grads is a bad sign for the company.
Don't know why people are confusing intern salaries with NCG hires. Guys you can't map intern salaries to what you pay for full time new hires. 🙄
Sure. Interns don't require benefits, don't get equity and are short term commitments. Even if you matched them dollar for dollar, you'd still fall short. As I said, $10k/month is high for sure, but not unbelievable.
I agree its not unbelievable because these intern salaries exist at JSC/Two Sigma but this is fucking Pinterest lol
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