Highest-Paying Internships Aren't On Wall Street Anymore

best-paying internships: Owen Wilson, Vince Vaughn at GoogleWorking at Google has become such the stuff of legend that even aging box office frat bros Owen Wilson and Vince Vaughn will be taking internships there in a film this summer. This year, Google ranked as the best-rated company for interns, according to job review site Glassdoor.com. There is something striking, in fact, about all the companies on its list: They all pay great -- and Silicon Valley pays better than Wall Street.

This is the age of the ubiquitous unpaid internship, which last year culminated in three class action lawsuits against movie studio Fox Searchlight Pictures, the "Charlie Rose" show, and publishing empire Hearst. But the best-rated places to intern, Glassdoor.com found, all pay at least $4,000 a month -- and some pay $6,000 a month or more.

Interns make $6,000 a month or more: Microsoft, which was tied in second place, pays its research interns an average of $7,050 a month, and its software development engineer interns close to $6,000. Google, which took the crown for satisfaction, pays its software engineer interns $6,400 a month. And tech companies Amazon, QUALCOMM, IBM, Intel, and Cisco all ranked in the top 20 for satisfaction and pay an average of between $4,000 and $5,000 a month for every intern.

More: Some Facebook Interns Earn Almost $7,000 A Month

All Big Four accounting firms also scooped top ratings, and paid just a little less, on average, than their tech companions. PricewaterhouseCoopers was both the best rated and the highest paid, with interns earning between an average of $3,749 (on the auditing side) to $4,873 (on the advisory side).

Financial services firms no longer pay interns lavishly: Only a handful of financial companies made the cut: Scottrade, Merrill Lynch, JPMorgan Chase and UBS Financial Services. And only JPMorgan pays an average of over $4,000 a month. The rest fall somewhere between $1,500 and $2,000, which adds up to less than $24,000 a year -- perhaps less than expected for an industry famed for its lavish compensation.

Not only have tech and accounting overtaken the banks in their wining and dining of young talent, but there were a couple of other surprises too. Who would expect to have a better experience and better salary, for example, interning for department store chain Nordstrom over Merrill Lynch?

Check out the best-rated internships below, ranked in order of pay:






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kandw101

Hey Microsoft research dude, starting researching Windows Classic to replace useless Windows 8.

February 23 2013 at 6:36 AM Report abuse rate up rate down Reply
Anonymous

@IfIWereObama. How much does a troll intern receive a month?

February 21 2013 at 6:12 PM Report abuse rate up rate down Reply
IfIWereObama

Nice....meanwhile libtards push their kids away from science & engineering to get liberal arts degrees & make minimum wage the rest their life & then complain that it's too low.

February 21 2013 at 5:28 PM Report abuse -1 rate up rate down Reply

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