Yes, stipend is less compared to full time employees.  
  
 This is a common tactic used by a lot of companies to hire a lot of interns, give them a lot of work in the guise of “learning”, offer a few who can do the work and not complain a PPO at below market rates, let go of the rest. Rinse and repeat.

Software Engineer

My previous company (startup) hire smart iit/nit college going student give them some stipend and get the work done but the real pain was for us full time employee we have manage them make sure they write quality code help them with Hlds and Llds and the worst one take a lot of follow ups specially during late hours as they will be working after college

Are there any monetary benefits when companies hire excessive Interns?

Welcome to Software Engineers's Private Community

Why are companies hiring excessive Interns?

Software Developer

Why are companies hiring excessive Interns?- Grapevine

Welcome to IT Company Discussion's Private Community

I had my summer internship offer for sde intern from Simpl. Today they sent a mail saying they are converting our internship to one with no stipend due to internal restructuring decisions. This is extremely heartbreaking and devastating at this end moment when the internship cycle has ended for almost all companies. I had stopped applying to companies after I got my simpl offer.  I request you to empathise with my situation if you know any internship openings.

Summer internship offer revoked

I don't understand why companies here can't pay more than 30K per month for interns. I pitched for somewhere between 40K-45K so they can't seem to consider giving it. I have a good profile for that work too.

Why intern salary so less in India if not FAANG type?

I am a Product Designer at an Edtech Startup (raising 20m Series B soon) with almost a year (1) of full time experience but overall almost 3 (including internships) at some great companies.

As I am looking for a change what salary should I expect? Considering:-

- I have a design degree from a Non-IIT/Non-NID Tier 1 University (known for good engineers) [so good foundation hopefully]
- The companies I have interned at range from Japanese MNC/Conglomerate, Indian Fashion focused E-Commerce Giant, Indian Food Tech/Delivery Giant & an Indian Digital Transformation Giant.
- The average stipend I earned at these companies was around 40K/month.
- The salary I earn right now every month is between 70 - 90K
- I believe I have Got good Product focused UX knowledge. [Part of the Product team not a seperate Design Team]
- Not another Figma/Framer drooling Designer.
- Many of my peers from my alma mater are placed in Big Tech or Desi Giants owned by Foreign Giants

So what salary should I be expecting? (Keeping aside the ESOP/RSU part)
Is ~ 1.25L/month in hand is right ask?

Please suggest.

How much Salary to expect? [INDIA] 🇮🇳

Product Designer

Welcome to Product Managers's Private Community

Guys any idea why product management interns are paid low as compared to the Full time. While they're having high impact then their swe intern counter parts and more rigorous hiring cycle

Product

Growth Manager

These days people get internship in there second year of college and continue as an intern for 2 years. Companies don't allow them a full time position citing college regulations. I think this is unfair to candidates as they do full time work at interns compensation and position. Do you think this is justified?

Intern for 2 years justified?

Welcome to Indian Startups's Private Community

Today’s startups are using the interns/employees to the point of exhaustion(taking work of 12-14 hours) but returning in penny without any job security, you just do a small mistake(actually which may not be called a mistake also) and to fulfil their ego the management will kick you out anytime. It’s we, the employees, who are helping organisations show upper trend so that they can bag Series A, B etc. Whereas the co-founders and higher hierarchy members are enjoying limitless wealth in form of salary and also going every then and now on holiday trips.

Today’s co-founders are not leaving any stone unturned in reaching a new low.

Co-founders reaching new low for personal Wealth Creations

Operation Manager

Welcome to Office Gossip's Private Community

TLDR;

Had a data science intern join our team. His resume was really impressive, good academic record, had a couple of research internship (NUS, IIT), 4 papers in  journals etc. His interview was just okay, but we probably got biased by his resume which looked stellar.
This guy didn’t know very basic python programming. We gave him basic task of converting a image dataset from one format to another(very first step of developing ML model). Took a week, constantly badgered all the team members, would just randomly copy code from ChatGPT, and if it won’t work, would ask us to solve it for him. Didn’t figure it out in a week, and at the end of week, we arranged a meeting with him about the update of work. Turns out, he didn’t even understand the task clearly. But we didn’t mind him, as it was his first week and we cut him some slack. The next week, I understood that he struggled in programming so gave him very basic task. He just had to figure out a command line program. Took two days, gave the result without any documentation, and the very next day he asked whether he would get the credit of his work and that it would account for his decision to full time conversion. 
Then he started taking a leave, EVERY WEEK. We used to have scrum call at 10AM, this guy wakes up at 10:30AM, and tells that he slept late and would come to office by 11AM( we had work from office policy), and he would come around 11:30AM. Would slack at work the entire day, give him some basic task, would keep asking silly doubts, copy paste code from ChatGPT and ask us to solve the bugs. Come to office without taking bath, no professionalism at all. One day I scolded him a lot, to come at time, learn some professionalism( if he doesn’t have good skills, atleast a humble attitude and professionalism should be there), but dude had no effect, comes at 12PM the very next day, missing the scrum call again. Was scolded many times, but didn’t have effect on him. 50k/per month stipend, completely wasted.

Tell story of the worst intern that you had

Very recent one

He was like Hansa (remember the Khichdi show). He did one thing at one time and takes min two weeks for each. He was with us for 4 months- none of his tasks are complete. He will do no-brainer work well; bring paper, pen, and coffee.

We had Hybrid mode with no restrictions. Initially he would just take leaves and not inform. When scolded, he would message random stuff and say he will work from home. What are you working on?!

When he was in office, he would never be in his seat. Constantly call him where are you? I'm at the canteen, I am having coffee, I was out to lunch, I will not be able to do this because someone else asked me to print a paper (stupid reasons)

End of tenure, he comes to me with some marks sheet. and asks for PPO. 
I look him dead in the eyes and say you know you haven't worked in 4 months, I cannot recommend. You can speak with my boss if you like.

Obviously he didn’t get PPO, called me again after a week, asking to look into it.

P.S. I gave him full marks because no point fucking up his career. He is capable of it himself.

P.S.S. I had interviewed him and felt such a failure to have hired someone like him.

Consultant

Machine Learning Engineer

Internships are all the rage for undergrads, but are they all they're cracked up to be?  Here's a quick look at both sides:

Pros: Gain real-world experience, build your resume, network with professionals, and test-drive your career path!  Internships can give you a leg up when applying for jobs after graduation.

Cons: Not all internships offer valuable experience. Some can be unpaid and involve menial tasks. Balancing academics and an internship can be tough, and there's no guarantee of a job offer at the end.

The Verdict: Internships can be a great learning experience, but do your research! Choose an internship that aligns with your interests and offers meaningful work. Remember, it's one piece of the puzzle, so focus on your academics and overall development too!

Internship Frenzy:  Worth the Hype?

Why PM interns are paid less which ranges from 10-20k but full time are paid around 80k- 1lakh?

PM intern vs full time

Amazon overhiring 
I am doing 6 month internship at Amazon right now.What I personally feel is they have overhired .We all now that they overhired sde1 in 2022 leading to the layoff right now but they also hired too many interns.I don't know the reason maybe use and throw.

Amazon overhiring

We hire interns occasionally, and the market for interns is so bad right now, students are approaching us to work for free (we do pay a stipend and don't ask for free work).

Companies aren't even hiring that many interns, and college students need internship experience to add to their resume and compete in the market. 

Heck, MSMEs are shutting down and MNCs are doing layoffs, not very inspiring. We've managed to survive somehow through all the covid ups and downs.

Would like to know more from students on GV, what's your college internship and placement scenario like? What are you doing to stand out?

If you think IIT IIM students have it bad, take a look at other colleges

Generalist

Citadel hired 14 interns out of 69,000 applicants with a stipend of $19,000/month or Rs. 16Lakhs/month.

The interns flew to Hong Kong in business class from their home countries and got to stay at a five-star hotel.

And here we are just scrolling through this post.

Source: https://www.linkedin.com/news/story/the-interns-who-earn-120-hour-5443369

What are your thoughts?

16LPM INTERNSHIP

Recently set out to hire interns and had a really strange experience

Went through about 170 CVs. Most were shabbily formatted - which is okay, I understand most people aren’t that serious in college.

But then after shortlisting and setting up interviews:
- Multiple kids just did not show up for the interview. They did not even write a mail excusing themselves. Or reply to any mail from me about them missing the call.

- Some of them literally turned up for the call on their phone. They’re mostly well to do, and definitely have laptops. But just casual. 

- This reduced my selection pool to literally 8-9 interns from 180. Of these too, generally saw most of them had too much overconfidence and arrogance about them. Barely went into the depth of the answers, and would over-portray their contribution in past projects/internships, without being able to explain what they really did

I am genuinely shocked and taken aback. These were all Tier 1 college kids, and I just did not expect it to be so bad. A shock for me, and a future shock for many of these kids when they get into the workforce!

College kids have a reality shock waiting for them

Come to Tier 3 colleges, they are very humble and hardworking 😊

Product Manager

This person, say ABC, has been cribbing not finding an internship

I try fix one for them

Instructions I get, stipend should be 10-15k/mo, or won't do

Umm, I mean?

GenZ's (over)confidence amazes me

Thats the bare minimum pay one can expect even as an intern. Thats not overconfidence. They just don't want to do free labor and be exploited lol

Application Analyst

Welcome to Business Roles's Private Community

Recently seeing alot many posts on LinkedIn about companies and startups are hiring interns in large numbers for core functions like tech, product, biz etc.

Am I the only one who is thinking that companies simply want to get the work done using these interns and avoiding hiring full time employees? Signs of not to good days.

Also winter internships were not these common or were they? 🫤

Am I the only one..

Sales Manager

Arround 30% of the backend team at Devtron, Gurugram has been laid off citing performance issus which includes both Interns and full-time. The problem is they mentioned FTE on the offer letter of the interns still their offer were revoked.

All of them were hardworking guys who used to work for more then 10+ hours a day in office, completing their task in ASAP.

Performance was not an issue, they just wanted to layoff.
Interns were paid 20 K per month and were expected to work like FTE with 1 to 2 year of experience.

A month before they started pressuring to complete and handover all the task as soon as possible to get it into production 😂 so that they are in no loss.

The layoff was done on the same day on the company organised a party to celebrate.


This is for people who will be joining them as Inter n or FTE. Do not join the company if you are not ready for this thing and you are not ready for toxic management and work culture.

Work life balance is 0 here 

Be ready to become a robot 🤖 if you still join.

Layoff at Devtron

I am currently doing my internship at Amazon which is most likely not gonna get converted to a full time offer (provided the market conditions), I have another offer from EY for the role of Technology Consultant which would mainly involve work in data analysis. I have heard that it will be very tough to come back to an sde role from a consultant role. So I am in a dilemma of what to do next?
P.S. I am more inclined towards an SDE role due to the growth it provides.

Too much of a trajectory change from SDE to Consultant

Heard from multiple colleagues that they could cut Ads and AWA teams in India. Wouldn’t be surprised if this happens on Tuesday or Wednesday just before the earnings calls. 

All the best folks!

Folks this week could be the Amazon Layoffs

Product Marketing Manager

Hey everyone, I've been on the hunt for a product design internship for the past 1 month. I came across a lot of internships, but they were willing to take me only at zero cost.

What would you do in this scenario? What other ways can I explore to find an internship ( I'm a junior doing my UG).

THANKS :)

Why are companies hiring excessive Interns?

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