Apple’s $80K internships – what’s the catch?

Interns at big-name tech firms can expect generous remuneration packages – but there’s one strict expectation that comes with the pay.

Apple’s $80K internships – what’s the catch?
With the technology industry booming, employers in the tech space have built themselves a reputation for offering staff generous remuneration packages – and according to reports, this is a perk extended even to interns. 

According to Business Insider, the tech giant’s interns can earn salaries approaching US$7,000 per month – or US$80,000 a year.

A former non-engineering Apple intern told Mashable they had been paid around $2,500 each month for part-time work during their internship – if the intern had been hired on a full-time basis, they would have earned $5,000 per month.
However, there is a catch: 100% confidentiality.

Candidates who make it through the interview process to be offered an internship are required by Apple to keep quiet about what they see and hear within the company.

To ensure that its work remains clandestine, departments are also kept in the dark about what other departments are working on, and select buildings are reportedly kept off-limits to many employees.

Interns at Apple aren’t alone in receiving competitive remuneration packages – according to Mashable, the salaries are roughly on par with those offered to interns at several other top tier tech companies.

The average monthly earnings of interns at Facebook and LinkedIn was over US$6,200, or around US$74,400 annually, according to Glassdoor. US based tech companies Palantir and VMware, meanwhile, are reported to offer even more to those commencing careers in technology.

More like this:

Concerns raised after robot kills worker

HR: don’t overlook ‘unlikely’ sexual harassment victims

Criminal conviction for reckless employer
 
 

Free newsletter

Our daily newsletter is FREE and keeps you up-to-date with the world of HR. Please complete the form below and click on subscribe for daily newsletters from HRD Canada.

Recent articles & video

5 gender myths killing your D&I agenda

The perils of failing to accommodate mental health disabilities

How to build a succession plan

Minister Bains speaks on the importance of HR tech

Most Read Articles

What's the key to achieving workplace happiness?

Global CHRO reveals future of 'transformational' HR

This type of employee struggles to befriend their colleagues