Behind The Mic With Joe Mathieu: Want To Get Rich? Get An Internship
BOSTON (CBS) – I looked up the word intern while preparing for this story.
Merriam-Webster defines it as "a student or recent graduate who works for a period of time at a job in order to get experience."
Nowhere does it mention the word money.
Yet the concept of paid internships is reality for a growing number of young people. And for some of them, it's downright lucrative.
The job web site Glassdoor looked into this and I still can't believe what it found in its list of the 25 highest paying companies for interns.
At the top, a California-based software company called Palantir Technologies. It pays interns $7,012 a month on average.
Twitter pays almost that much. Facebook pays closer to $6,000, along with companies like Microsoft and eBay.
Tech companies dominate the list.
But Exxon-Mobil and Captial One are also in the top 25, paying interns thousands of dollars a month, which means these interns are getting paid above the nation's median household income.
These firms say they have to pay up to compete for top talent.
Still, there's a secondary definition for intern in the dictionary.
It's "to confine or impound," which sounds a lot more like my experiences as an intern.
Follow Joe on Twitter @joemathieuwbz
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