Based on U.S. Census Bureau data, the average U.S. household brings in about $4,400 per month, and Microsoft interns earn up to $7,050 per month (wow, that’s $84,600 per year). Meanwhile, a survey from talent agency The Creative Group showed that 58 percent of the advertising and marketing executives interviewed do not offer an internship program.
“Consider your options wisely. While internships that pay well are attractive, it's also important to consider whether the position will provide exposure to a range of projects, people and experiences,” The Creative Group survey advises. “The most valuable internships offer plenty of opportunities to learn and acquire skills that support your professional goals.”
Nathan Parcells, cofounder and CMO of InternMatch, an online platform that helps students find internships, adds that students seeking competitive, paid internships should apply early, use their network to get a referral from someone at the company and make sure to stand out from the rest of the pack.
"Top employers want the best of the best for their internship programs. You’ve got to stand out by bringing more to the table than the average intern candidate," Parcells says. "Think outside of the box when it comes to your cover letter and resume to ensure you’re going to 'wow' the reader. Keep in mind that experience and a fit for company culture are coveted by intern employers."
According to reviews, ratings and salary reports shared by interns between January 2011 and January 2013 on the career website Glassdoor.com, the top companies that are currently hiring paid interns are:
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