Silicon Valley interns may earn more than you


This year’s batch of Silicon Valley summer interns might earn more money than you.

Bloomberg News reports that the median monthly base salary for an engineering-focused summer intern at some of the big technology companies is $6,800.

Annualized, that's $81,600 a year, according to data collected by Rodney Folz, a former University of California Berkeley student and soon-to-be Yelp intern. The national wage index is $46,481.52, according to data last compiled by the Social Security Administration in 2014.

Looking to put together a data set of what his peers earn, Folz sent a Google survey to a variety of computer science and technology groups and listservs, including groups for women, the LGBTQ community, and African Americans. He also solicited reports from friends with technology company internships.

His survey was answered anonymously by 503 people who said they landed internships in software or electrical engineering, product design or management, industrial design, and program management. The students were placed at dozens of technology companies, including Apple, Google and Uber Technologies.

To access the complete Bloomberg News article hit the link below:

Do You Earn Less Than a Silicon Valley Intern?

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