At Facebook, Even the Interns Make More Money Than You

The Citizen's Guide to the Future
Dec. 13 2012 8:34 PM

Do Facebook's Interns Make More Money Than You?

Facebook employees
Employees work at the Facebook main campus in Menlo Park, California, May 15, 2012.

Photo by Robyn Beck/AFP/Getty Images

Facebook is the best place in America to work, according to the jobs site Glassdoor's Employee's Choice Awards. The Menlo Park-based company recaptured the top ranking after dropping from first to third last year. It was followed on this year's list by companies like McKinsey (second), Google (sixth), and In-N-Out Burger (ninth). 

Will Oremus Will Oremus

Will Oremus is Slate's senior technology writer.

What's so great about Facebook? In a video Glassdoor made to celebrate the company's award (embedded below), employees cited things like their coworkers' passion for the job and their commitment to the company's mission of making the world a more open and connected place. The video also shows employees playing ping-pong, walking on a treadmill while working on a laptop, and surveying the vast offerings of a cushy snack lounge. "I am constantly inspired by the people that I work with every day, and the caliber of talent all concentrated in one place brings on, like, this infectious energy," says Melody Quintana, a Facebook content strategist.

OK, so it's not about the money. But, just curious... What about the money?

Advertisement

Turns out that's not too shabby either. Glassdoor estimates that the average Facebook product manager makes $132,000 a year, while software engineers take in $114,000. Ah, but what about the poor interns that the company surely exploits for some cheap coding help? Oh, they make between $5,600 and $6,300 a month—the equivalent of $65,000 to $75,000 a year. Yes, the interns. As Business Insider notes, that's some $25,000 more than the average American worker.

That might sound outrageous, but those sorts of intern wages are not unique to Facebook. Top software-engineering talent has been at a premium for years, and Facebook is competing for the best of the best with companies like Google, which pay just as much. And lest you think it's just the tech industry that pays top dollar for promising greenhorns, those numbers are also in line with the average pay for summer analyst interns in the investment banking industry. Glassdoor reports that Citi, for instance, pays its i-banking interns a healthy $5,570 a month.

Moral of the story: Mamas, don't let your babies grow up to be journalism interns.

Here are the top 10 places to work according to Glassdoor's employee's choice rankings:

  1. Facebook
  2. McKinsey & Company
  3. Riverbed Technology
  4. Bain & Company
  5. M.D. Anderson Cancer Center
  6. Google
  7. Edelman
  8. National Instruments
  9. In-N-Out Burger
  10. Boston Consulting Group

Future Tense is a partnership of SlateNew America, and Arizona State University.

TODAY IN SLATE

War Stories

The Right Target

Why Obama’s airstrikes against ISIS may be more effective than people expect.

The NFL Has No Business Punishing Players for Off-Field Conduct. Leave That to the Teams.

Meet the Allies the U.S. Won’t Admit It Needs in Its Fight Against ISIS

I Stand With Emma Watson on Women’s Rights

Even though I know I’m going to get flak for it.

Should You Recline Your Seat? Two Economists Weigh In.

Medical Examiner

How to Stop Ebola

Survivors might be immune. Let’s recruit them to care for the infected.

History

America in Africa

The tragic, misunderstood history of Liberia—and why the United States has a special obligation to help it fight the Ebola epidemic.

New GOP Claim: Hillary Clinton’s Wealth and Celebrity Are Tricks to Disguise Her Socialism

Why the Byzantine Hiring Process at Universities Drives Academics Batty

Moneybox
Sept. 23 2014 3:29 PM The Fascinating Origins of Savannah, Georgia’s Distinctive Typeface
  News & Politics
History
Sept. 23 2014 11:45 PM America in Africa The tragic, misunderstood history of Liberia—and why the United States has a special obligation to help it fight the Ebola epidemic.
  Business
Moneybox
Sept. 23 2014 2:08 PM Home Depot’s Former Lead Security Engineer Had a Legacy of Sabotage
  Life
Education
Sept. 23 2014 11:45 PM Why Your Cousin With a Ph.D. Is a Basket Case  Understanding the Byzantine hiring process that drives academics up the wall.
  Double X
The XX Factor
Sept. 23 2014 2:32 PM Politico Asks: Why Is Gabby Giffords So “Ruthless” on Gun Control?
  Slate Plus
Political Gabfest
Sept. 23 2014 3:04 PM Chicago Gabfest How to get your tickets before anyone else.
  Arts
Brow Beat
Sept. 23 2014 8:38 PM “No One in This World” Is One of Kutiman’s Best, Most Impressive Songs
  Technology
Future Tense
Sept. 23 2014 5:36 PM This Climate Change Poem Moved World Leaders to Tears Today
  Health & Science
Medical Examiner
Sept. 23 2014 11:37 PM How to Stop Ebola Could survivors safely care for the infected?
  Sports
Sports Nut
Sept. 23 2014 7:27 PM You’re Fired, Roger Goodell If the commissioner gets the ax, the NFL would still need a better justice system. What would that look like?