When Glassdoor named “the 25 highest-paying internships in America,” they weren’t kidding around.
Interns at all 25 gigs make more money per month than the typical full-time worker.
The median annual salary for full-time workers in the U.S. is $51,350, according to Glassdoor data. That’s equivalent to about $4,279 per month.
Now compare that with the monthly wages offered to interns at the top 10 companies on Glassdoor’s list:
- Facebook: $8,000 median monthly pay
- Microsoft: $7,100
- ExxonMobil: $6,507
- Salesforce: $6,450
- Amazon.com: $6,400
- Apple: $6,400
- Bloomberg LP: $6,400
- Yelp: $6,400
- Yahoo: $6,080
- VMware: $6,080
The other 15 internships on the list all offer median monthly pay rates of more than $4,500. Specifically, their rates range from $6,000 (Google, ranked No. 11) to $4,570 (Bank of America, ranked No. 25).
You might want to brush up on your STEM skills — science, technology, engineering and math — if you hope to land one of these 25 internships, though. Tech companies dominate the list and almost every other company is in a STEM-related field, such as the financial sector.
That might explain why these internships pay so well, as full-time jobs in STEM fields — particularly technology –tend to pay more than the average full-time job.
As we reported last year, nearly half of U.S. jobs in the top income quartile — meaning that they pay at least $57,000 per year — require computer coding knowledge or skills.
If you’re interested in learning how to code, check out “Free Coding School Pays You to Attend and Guarantees a Job.”
If STEM jobs are not for you despite the potentially higher pay, consider baby-sitting. As we reported last week, baby-sitters’ wages have increased nearly twice as fast as the wages of the average American over the past six years, and their hours are extremely flexible.
What do you make of the top-paying internships? Sound off below or on our Facebook page.