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Apple interns earn $38 an hour - or $73,000 a year

Apple interns earn $38 an hour - or $73,000 a year
29.05.2020 08:20
College students spending the summer interning at Apple are earning more than many make in their first job after graduation. 

A former intern who wished only to be identified as 'Brad' told Business Insider that interns get paid $38 an hour, averaging to be about $6,080 a month. 

In other words, if interns worked all year round, they would be on a $73,000 salary.  

And that's not even including overtime. Interns get paid time and a half if they work more than 40 hours a week. 

It is important to note that a $73,000-a-year salary wouldn't get an employee much in the way of housing in pricey Cupertino, where Apple is headquartered. 

But most interns get their housing paid for by Apple anyway, if they agree to live with other interns in shared apartments. 

Even those who turn their noses up at Apple's intern housing get $1,000 from the company for monthly rent. 

That's not to mention the $3,300 they give each intern for relocation costs for things like flights and shipping. 

And that's all just for an intern. Brad says that many of the interns go on to get hired at the company, and once full-time employees, they are paid considerably well.

While it's not uncommon for employees to spend only a few years at other Silicon Valley companies before moving on, Apple employees are unusually loyal and many stay for 25 to 35 years.  

'[You'll see] people coming into work in sports cars, and they are just normal engineers,' he said. 'Not high-up managers or anything like that. So you can see why they don't want to leave at this point.'  

However, there are some peculiarities about interning for the company behind the iPad. 

Brad says that the company is super secretive, since most of the excitement about their products is centered on surprise. 

Interns and employees alike are not allowed to take pictures on campus and are restricted in what buildings they are able to access. 

Brad says he even spoke with one employee who spent one to two years working on a 9.7-inch display without ever knowing what product she was creating. 

'They didn't know if it was a big phone or a small laptop,' Brad said. 'They had no idea. It wasn't until the product release where Steve Jobs went on stage and showed the iPad that they realized this is what we worked on for the past two years.'  

(dailymail.co.uk)

www.ann.az
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