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College and University Discussion
Reply to "Point of Internships"
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[quote=Anonymous][quote=Anonymous]You act like I’m in charge of what out Fortune 500 company does. I’m not. I’m just reporting what the company does. Also, let’s be real, if we hired all 100 interns, that’s a budget of like $10-15m a year, assuming a salary of 100k in salary and benefits costs. Instead, we are paying them $20/ hour for 10 weeks, and each department pays the $10-15k that is. Not the same level of corporate expenditures. Also we don’t have 100 entry level positions open like that, it’s not consulting where we bill it out to others. [/quote] Nobody necessarily expects 100 offers…but if you give out say 10 then it would make sense to give to your top 10 interns. F500 is obviously a big disparity in companies…it could be Google or it could be Foot Locker. $20/hour isn’t much for interns especially if the FT positions are $100k. Your company has a strange strategy. [/quote]
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