Quantcast
Channel: Intern
Viewing all 196 articles
Browse latest View live

10 Ways To Leave Your Internship Like A Boss

$
0
0

intern

Ah, the thankless job of an intern: lots of hustle with little glory and even less (if any) payment. For your next gig, do you want to be a full-time, paid employee instead of an intern? Act like you already are. As you leave your internship, show the confidence to make connections, humility to say thank you and pride to finish your work strong. This maturity and professionalism will leave a lasting impression on your co-workers, who will remember your name when opportunities crop up in the future.

In essence: Act like the boss you want to be. Here's how:

1. Don't slack off. Maybe you're giddy about returning to campus. Or if you're out of school, maybe you're distracted with finding your next job or internship. But showing decreased enthusiasm at the end of your internship, or worse – leaving assignments incomplete – is a major no-no. Plus, you really don't want to slack off as you ask your boss to write a letter of recommendation, says Lauren Berger, CEO of InternQueen.com, a website that connects young people with internships and career advice, and author of "Welcome to the Real World.""Until the end of the last day of that internship, you need to put 100 percent effort forward," she says.

2. Do something noteworthy. Go out with a bang, says Diane Gottsman, national etiquette expert. She suggests creating a manual of your job responsibilities, along with a step-by-step workbook of your daily activities. This may help whoever inherits your duties and will leave a lasting impression with your boss, she says, adding that you should make every effort to complete pending projects. Offer to answer questions about your duties after you've left, which Gottsman says will show your co-workers and boss that you genuinely care about the company and want everything to run smoothly.

3. Ask for feedback. Exit evaluations are built into some internship programs, but if that's not the case for yours, have a 15-minute meeting with your boss before you leave. Ask about your performance and your strengths and weaknesses, suggests Yair Riemer, chief marketing officer at Internships.com. When discussing areas of improvement, thicken your skin and appreciate the value of the critique. "Constructive criticism is actually a good thing," Berger says. "It gives you something to work on, and it can help you really build your goals for your next professional experience."

4. Say thank you. Berger suggests emailing co-workers to thank them for their involvement in your great internship experience. Provide your contact information, and snag their personal email addresses, in case they leave the company. Follow these emails with a handwritten note, which you should keep "short, sweet and to the point," she says. Thank them for their time, reference a special moment you shared and note that you'll be in touch. And then, of course, be in touch. Berger suggests shooting your colleagues a short note around the holidays and another in the spring, so they remember who you are and receive an update on your activities.

5. Express your interest in a future job (if you have such interest). Don't assume this is a given. "You have to make sure your boss knows you want to work at that company," Berger says. "In a very polite and professional way, let the employer know that this is your dream job, and you're interested in pursuing a career at the company – if that's the case."

6. Secure a reference or two. Listing references from this internship will show future employers that you were confident enough in your work to ask others to recommend you, Riemer says. But use some caution, he says, and confirm – don't assume – this person will happily vouch for you in the future. Always ask if he or she would feel comfortable serving as your reference first.

7. Ask for a letter of recommendation. While a reference will speak on your behalf should a prospective employer call, a letter of recommendation is typically more useful for academic opportunities, like when applying to graduate schools, Riemer says. "I would really only save this for someone who you worked closely with," he says. "if it was a direct manager, and you worked with them everyday, and they told you were doing a good job and gave feedback, then I would definitely go for it."

The more time you can save this person as he or she composes your letter, the better. Send bullet points covering the work you've done or even a letter template, so he or she can fill in the gaps and sign it. Ask for the letter sooner rather than later, while you and your excellent achievements are fresh in the his or her mind.

8. Snag a LinkedIn endorsement. While you're gathering affirmations of your hard work, make sure to get some LinkedIn love, too. Berger suggests first updating your profile to include your current internship. Then ask your boss to write a two- or three-sentence recommendation. Once again, the key is to make this task as quick and painless as possible for your boss. "Send them all the information," Berger says, mentioning hyperlinks and a sample recommendation. "So they have to make no more than like two or three clicks, and it's done."

9. After you leave, track your company. Set up Google Alerts for your colleagues, company and company's clients, Berger suggests. That way you'll receive an email every time those names appear on the Web. Say the public relations firm you interned with works with Client Z, and you get an alert that Client Z was mentioned in The New York Times. Email your colleagues a congratulatory note on the client's good press. Or perhaps you're alerted when your former internship coordinator is promoted or quoted in a blog – another excuse to drop a line. Staying up to date "shows you're paying attention, you're doing your homework and still have great interest in the company," Berger says.

10. And finally, leave like a boss. "Don't rush out of there in a hurry and leave like the building is on fire," Riemer says, pointing out that even if you're excited to go back to campus or begin new professional experiences, the internship shouldn't have just been a temp job or bullet on your résumé. The work you've done was, in part, to build a network. Leave your colleagues on a humble, thankful note. Gottsman adds, "before walking out the door, make one more round through the office and say a genuine goodbye. The extra effort will go a long way in building future goodwill."

SEE ALSO: Here's How To Turn An Internship Into A Full-Time Career

Join the conversation about this story »


The 50 Best Internships For 2015

$
0
0

Bain & Co. employees in their office.

Internship season just ended — but savvy students are already thinking about their plans for next summer.

That's why career website Vault has already released its ranking of the top internships for 2015.

To compile the list, Vault gathered data from more than 500 organizations that sponsor internships, as well as their interns.

The companies were asked to provide descriptions of their programs and details on the number of interns hired, duration of the program, locations and departments in which interns are placed, and application requirements.

Vault also asked current and former interns to comment on and rate their experiences on a variety of factors, including the application process, compensation and perks, quality of life, meaningfulness of assignments and training, and full-time employment prospects, on a scale of 1 to 10. These ratings were averaged to determine an overall score for each program.

Vault ranks the top 50, but because there were two ties this year, a total of 52 programs were included in the final list. 

BI_graphics_bestInternships

SEE ALSO: How To Get A Job At Bain — America’s Best Employer

Join the conversation about this story »

The Interns At Top Tech Companies Make More Money Than You Do

$
0
0

the internshipToday, Tiffany Zhong tweeted out a list intern salaries offered by top tech companies, and let's just say being an intern never looked so good. 

Google interns rake in $7,000 a month, while Pinterest interns collect $7,500. Most of the internships also come with a generous housing stipend. It's important to note that most of these internships are for software developers. 

Here's the list:

Time to learn how to code?

Join the conversation about this story »

We May Have Underestimated The Super-High Salaries Of Silicon Valley Interns

$
0
0

It was big news when the public found out that Silicon Valley interns make about twice as much as the average San Franciscan ($6,000/month vs. $3,000/month). It turns out that we may have missed a few sizable bonuses that salary site Glassdoor didn’t take into account.

This week, a young Bay Area resident, Tiffany Zhong, tweeted a list of top offers made to interns at the major tech companies, compiled by a source close to her. Zhong’s tweet put these salaries in the news again, showing that top paid interns make a lot more money than most of the country. What’s interesting about the list isn’t the base salary but the perks: $1,500/month for housing, a free laptop, and spending stipends.

Screen Shot 2014 11 26 at 6.12.14 PM 621x600

But the recent reports reposting Zhong’s salary list may have buried the lede. We always knew Silicon Valley interns earned more than the average intern, but we failed to take into account some of very expensive extras. So we have to revise our estimates.

The base monthly salaries are right in line with what Glassdoor has estimated for years. But with the added bonuses, it’s clear that interns are earning more than those estimates. Here’s a revised chart (below) based on the estimated perks from Zhong’s numbers. I’ve included the top three tech companies for which Glassdoor has reliable and publicly available data.

Whether or not you think this is unfair, you or a loved one may want to get in on some of the Silicon Valley gold. We hear that software training boot camps work for getting a job.

internsalaries2 780x667

Join the conversation about this story »

An Ex-Apple Intern Shares The Inspiring Note And Other Freebies The Company Gave Her

$
0
0

What free things do interns at Apple get? appeared as a question on Quora. Below we are republishing an answer from Christina Quan, a former Apple intern.

I don't think anything intern-specific was given away, but I'll list the free things I received as an intern:

On the first day, the main gift for both interns and new hires was the following:

apple intern 01

It's an Apple box filled with an XL Class of 2014 shirt and a few postcard-type cards to give to friends and family that all essentially say "Yes, I do get a discount" in different wordings.

I also received an Apple keychain from Employee Health Services. 

apple intern 05
apple intern 04

Everything else I received was department-specific. 

The welcome gift that I found on my desk was a black baseball cap with a small white apple logo on the front and the following book:

apple intern 03

I got a couple of free department shirts that I can't currently find, a department-branded messenger bag that I didn't bring back due to space constraints, and this department-branded coffee mug:

apple intern 02

A group of interns and I each got $50 iTunes gift cards for winning third place in the intern App Store Marketing Challenge (I think the other possible prizes were iPad minis and Apple TVs), and I think that's about all I received!

Quora is the best answer to any question. Ask a question, get a great answer. Learn from experts and get insider knowledge. You can follow Quora on TwitterFacebook, and Google+.

Join the conversation about this story »

Wall Street Intern Posts Nude Selfies From Bank's Bathroom, Then Quits Job To Pursue Career In Porn

$
0
0

Veronica Vain

Paige A. Jennings, who moonlights as "Veronica Vain," quit her internship with Lazard Asset Management this month to pursue a career in the adult-film industry.

"I just left a job on Wall Street for a porn career because I can't stop masturbating at work ... " Jennings' Twitter bio (@TheVeronicaVain) says [NSFW].

Jennings worked as a part-time intern in Lazard's alternative-investments marketing group in New York. She was with Lazard from June 2, 2014, until Jan. 9, 2015, Business Insider has learned.

On Twitter, Jennings said that she "quit [Wall Street] before it fired me."

NewsCult first reported that Jennings had posted nude selfies from inside the bathroom of Lazard's offices on her Twitter account. Those selfies were taken down from Jennings' Twitter, but screenshots of them still exist on NewsCult's site [again, NSFW].

In an interview with BroBible, Jennings said that she didn't expect her coworkers to find the photos since they weren't actually attached to her real name.

"I had already put in my two weeks’ notice and was sticking around to tie up some loose ends," she said. "My boss’s boss called me over the phone with an HR lady. I had a pretty good reputation intellectually, and this executive was aware of that. However, he obviously couldn’t have me coming back to the office when likely just about everyone had seen me half naked online," she told BroBible.

Naturally, that wouldn't bode well on Wall Street.

Jennings also told BroBible that she hopes to make her debut in the adult-film industry on "The Sex Factor," a reality porn-competition show. She said that she's been called back for a final casting. She also said she's been talking to agents in the industry.

She previously worked as a stripper, but didn't see it as "a viable career path." One day she said she might want to start an "adult-industry-centered venture-capital fund."

Well, there's no turning back now.

NOW WATCH: Scientists Have Figured Out What Makes Women Attractive

 

SEE ALSO: The weirdest Wall Street sex scandals

Join the conversation about this story »

The 12 best internships in tech and their crazy-high salaries

$
0
0

Broadcom interns

As spring draws near, a college student's mind starts thinking about internships. So Glassdoor scanned its database of 27,500 open internships to help students decide.

It came up with a list of the 25 best internships in the land based on intern feedback. Not surprisingly, tech companies dominated the list, taking up half the spots.

Glassdoor ranked this list based on intern satisfaction, which interns offered on a scale from one to five. To make it easier, we researched the salaries these companies offer, as reported by interns to Glassdoor.

No. 12: Broadcom, $5,203/month

Company: Broadcom (makes computer chips and electronics equipment)

Intern satisfaction rating: 4.1 out of 5

Interview difficulty rating: 2.9 out of 5

Salary:$30.02/hr ($5,203/month @ 40 hours per week)

Interns say:

"Great learning environment. Team was always willing to answer questions and help out."— Broadcom Software Engineering Intern (Irvine, California)

Internship info



No. 11: Hewlett-Packard, $4,168/month

Company: Hewlett-Packard

Intern satisfaction rating: 4.1 out of 5

Interview difficulty rating: 2.9 out of 5

Salary:$24.05/hr ($4,168/month @ 40 hours per week)

Interns say:

"Great culture, hard work, great manager and mentor and good pay!"— Hewlett-Packard Marketing Intern (Fort Collins, Colorado)

Internship info



No. 10: National Instruments, $2,948/month

Company: National Instruments, makes electronics testing equipment

Intern satisfaction rating: 4.2 out of 5

Interview difficulty rating: 3.0 out of 5

Salary:$17.01/hr ($2,948/month @ 40 hours per week)

Interns say:

"Being an intern here was great. There is an entire structured intern program including training, intermediate evaluation and feedback sessions with a supervisor, and an exit interview."— National Instruments Software Engineer Intern (Austin, Texas)

Internship info



See the rest of the story at Business Insider

The 25 best companies for internships right now

$
0
0

facebook offic tour ny steve kovach business insider writes on facebok wall

It's only February — but savvy students know this is the time to start applying for summer internships.

According to Glassdoor, there are more than 27,500 open positions in the US right now. So to help internship-seekers find the very best ones, Glassdoor combed through thousands of reviews shared on its site by interns over the past year.

Facebook takes the top spot for a second consecutive year, with a company rating of 4.6 out of 5.

The social networking giant's interns report a great company culture that "embraces inclusiveness and creativity, feeling like part of the team, working with smart engineers and colleagues on projects that actually get built and impact billions of people," says Glassdoor. 

A software engineering intern at the social media giant wrote on the Glassdoor site: "Great culture, easy to talk to anyone you want throughout the company. I felt like I was given a challenging task and able to grow as an engineer." 

Another intern said: "You are working on a very interesting problems, which actually affect more than a billion people. You also learn a lot from people around you." 

Here's the full list of the 25 best companies for internships this year:

glassdoor

Now check out this video that takes a look inside Facebook:

SEE ALSO: Facebook Recruiter Shares What She Looks For In Job Candidates

Join the conversation about this story »


These quotes show why Facebook is the best company for interns

$
0
0

facebook offic tour ny people playing basketball company perks fun Not so surprisingly, Facebook landed the top spot on Glassdoor's latest list of the best companies for interns this year. 

The social media company is famous for its attractive perks, great pay, and excellent workplace culture — but we wanted to know more about what makes it such an extraordinary place to work, especially for interns.

To do that, we asked Glassdoor to share with us reviews from current or past interns, most of whom earn a whopping $6,000 to $7,000 a month in the program.

Here are some quotes that shed light on what it's really like to intern at Facebook:

1."Great culture, easy to talk to anyone you want throughout the company. I felt like I was given a challenging task and able to grow as an engineer."—Facebook Software Engineering Intern (Menlo Park, California)

2. "You are working on very interesting problems, which actually affect more than a billion people. You also learn a lot from people around you."—Facebook Intern (New York, New York)

3. "It's a very cool place with many perks including a music room, arcade room, gym, outdoor courts, many restaurants and virtually any game you can think of spread across the campus. The salary is good and the housing is great. A great place to work with its policy to be open about everything going in the company to all employees — even interns."—Facebook Software Engineer Intern (Menlo Park, California)

4. "Everyone is easily approachable, very diverse and open culture, free food and drinks, state of the art technologies to learn from."—Facebook Intern (Menlo Park, California)

5. "Great perks, and plenty of conventions and company events to go to. Opportunities to learn new technologies through professional development programs. You better be at the top of your game, everyone is incredibly smart and talented."—Facebook Software Engineer Intern (Menlo Park, California)

6. "I was given a project and told to run with it. This is both terrifying and awesome, as I got to control an entire new feature. Architecture and design decisions of the feature were made primarily by me, something that I was not really allowed to do in previous internships."—Facebook Intern (Menlo Park, California)

7. "Smart people with a lot of great experience. Fun, close community even at such a big company. Interesting impactful projects. Hackathons provide opportunity for new ideas to be pushed out quickly. Clear feedback loop."—Facebook Software Engineering Intern (Menlo Park, California)

8. "You get to choose what you are passionate about and want to work on. You can get to make huge impact right from the first week at work. The learning curve at Facebook is still strongly up and to the right. The compensation and perks are very competitive. The free food and free laundry are the best in my opinion."—Facebook Software Engineer Intern (Menlo Park, California)

9. "The atmosphere is great. Everyone is super friendly and really just seems to want to be there. I was worried that it'd be *too* laid-back or even 'frat-like' for me, but it really just wasn't."—Facebook Production Engineering Intern (Menlo Park, California)

10. "Surrounded by some of the smartest people in the industry and a hunger for building the social products of the future. Great perks, compensation and food. Although it's grown to be a public company, Facebook still maintains a great engineering culture."­ ­—Facebook Software Engineering Intern (Menlo Park, California)

SEE ALSO: Here are the major US cities with the most available internships right now

Join the conversation about this story »

NOW WATCH: 7 Cool Things You Didn't Know You Could Do On Facebook

Business Insider is hiring a digital advertising intern

$
0
0
young people working computersBusiness Insider is hiring a Digital Advertising Intern in its New York office. 
The intern will support the Sales Development and Media Planning teams, and will help to develop proposals, run research, and create pitch decks and media plans. 
We need an individual who is passionate about digital advertising, who can work in a fast-paced environment, who's an expert at PowerPoint and Excel, and is excited about writing and creating proposals that make our advertisers want to work with Business Insider. If you're both self directed and creative, with solid analytical skills and a keen eye for detail, we're looking for you.
The role is an incredible experience for anyone interested in working for a leading digital media property. You will be exposed to multiple digital ad products, including cross platform (mobile, tablet), content marketing, email, video, rich media, and social ad formats. 
Duties include:
  • Research and analysis utilizing third party and internal data
  • Creating proposal decks
  • Generating media plans 
  • Creating mock ups in Photoshop
  • Collaborating with multiple teams, including Sales Development, Media Planning, and Sales teams
Prior internship experience is recommended, and you should be extremely comfortable with PowerPoint, Excel, and Photoshop. A successful intern must be able to meet deadlines and juggle multiple priorities, as well as think creatively and work efficiently. The internship will last for 3 months (May/June start). 
If you're interested in the gig, please apply online and let us know why you're a good fit for the role. 

Join the conversation about this story »

NOW WATCH: 14 things you didn't know your iPhone headphones could do

7 super-successful tech leaders share their best advice for interns

$
0
0

It's almost internship season again — a time for students and young professionals to get their foot in the door and make their mark.

But it takes passion, motivation, and a lot of hard work.

The following infographic features quotes from seven of the world's best and brightest techies that will inspire you to go the extra mile so you can be successful and make the most of the opportunity: 

tech_leaders_lessons v1

SEE ALSO: The 20 Most Beloved CEOs In America

Join the conversation about this story »

NOW WATCH: Watch Mark Zuckerberg explain what the new Messenger app will do

Business Insider UK is hiring an intern to write about finance

$
0
0

business insider, bi office profile, bi, may 2012, dng

Business Insider is hiring a paid finance reporter intern to join its growing markets and finance team based in London. This intern will part of the Digital Journalism Fellowship program. 

The ideal candidate should be deeply interested in what makes markets move.

The finance reporter intern will be able to identify news reports, earnings releases, analysts calls, and economic data that may be affecting stocks, industries, and the markets as a whole.

The candidate should have strong communications skills and an ability to communicate in a conversational tone. Experience in markets or economic analysis at a financial services firm is a plus. Familiarity with Twitter, Facebook, and Photoshop is also a plus.

APPLY HERE if you are interested in this position. Please include your resume, at least three clips, and tell us, in no more than five sentences, why we should hire you.

Please note this internship requires that you work in our London office, located near the Old Street/Shoreditch tube stations. Interns are encouraged to work 40 hours a week for a six-month period from the start date.

Join the conversation about this story »

NOW WATCH: 'Game of Thrones': The Iron Throne is a terrible investment

This is what Google looks for when selecting interns (GOOG)

$
0
0

The Internship

While Google has already selected its summer interns, it's almost time for the fall internship application process.

Applications will go live in late spring (and intern hopefuls can ask Google to alert them when the process starts).

Google hires upward of 1,000 interns per class, according to Intern Match. And an internship at Google can be a real career maker. Not only can it help a student get a job offer from Google, it's a big attraction for other tech companies.

But those internships are not easy to get. An intern hopeful can increase the odds by doing some pretty specific things on the application, Google's Jessica Safir, one of the people who decides on interns, says on Quora.

1. Show off a good GPA. "Yes, we care about your grades. This is why we ask for your transcript. We don't have a GPA cutoff, but we do take a close look at how well you're doing in your computer science courses. When you're a student, doing well in your classes should be your priority,"she writes.

2. Play up all your hobbies, particularly your computer programming activities. Google wants to see what you're into, beyond just paid employment, particularly things like "programming competitions, hackathons, building apps in your free time," she writes.

In fact, hackathons and similar contests have become a major way for college students to attract recruiters these days, and not just from Google.

3. The resume doesn't have to be one page. But probably shouldn't be a massive four-pager, either.

4. Students can apply multiple times. Those who applied previously and got turned down can try again. But Google will be looking for improvements in grades and/or resume activities, such as a bunch of hackathons or new apps you built, Safir writes.

SEE ALSO: How two rushed weddings and an email full of f-bombs led this 28-year-old to his third hit startup

Join the conversation about this story »

NOW WATCH: 8 Tips For Google Search That Will Streamline Nearly Everything You Do

Here's what life is like for an intern at Snapchat

$
0
0

Snapchat internsI recently completed a four month internship at Snapchat in Los Angeles.

During these four months, I had many awesome adventures, learned lots, ate delicious food, and met some fantastic people.  

Here is a glimpse into my life at Snapchat in Los Angeles in pictures!

There were three other interns working at Snapchat with me from the University of Waterloo. We ended up finding a sweet place to live together in a neighborhood called Marina Del Rey.



Our place was a 7-minute bike ride to work, and it was also one block away from the beach.



We biked or walked to work every day in gorgeous weather.



See the rest of the story at Business Insider

An ex-Facebook intern describes what it was like to meet Mark Zuckerberg (FB)

$
0
0

lizzy

Facebook says it treats its interns the same way it treats its full-time employees, and based on accounts from former interns, that indeed seems to be the case.

In fact, one previous intern said she even got to sit in on a meeting with CEO Mark Zuckerberg.

Elizabeth Gregory, who interned at Facebook last summer in the product design department, said her manager encouraged her to sit in on a meeting with Zuckerberg because it would be a good experience.

"I was just observing, but it was cool to see what Zuck was like," she told Business Insider.

Even though she didn't contribute much to the meeting, Gregory said she still learned a lot from it.

"It was intense because he just spews wisdom at you," she said. "He was a really nice guy, and he always said hi to me walking around even if he didn't know exactly who I was."

Gregory described Facebook's Menlo Park office as being open and collaborative. There are no cubicles, and high-ranking executives, including Zuckerberg, work out of the same desks as Facebook's interns.

"Mark Zuckerberg had a desk that looked exactly like mine," Gregory said. "Same computer, same everything. So that was really nice."

Here's what Zuckerberg's desk looked like in 2012, according to a photo he posted to Facebook about three years ago.

ZuckerbergDesk

Facebook also holds weekly town-hall meetings on Fridays, where employees get to ask Zuckerberg and other executives any question they want.

A question "could be a vital question about the future of the company or what kind of dog food you feed your dog," Gregory said. "It was very, very open."

SEE ALSO: 'A COLLEGE CAMPUS ON STEROIDS!' What it's really like to be a Facebook intern

Join the conversation about this story »

NOW WATCH: How to prevent people from stalking you on Facebook


Interns reveal the most catastrophic mistakes of their careers

$
0
0

Internship movie

We all make career mistakes — especially early on. 

Some of us make minor blunders — like showing up a few minutes late for an interview, or forgetting to send a thank-you note immediately after — but others, it turns out, make catastrophic errors.

The good news is no matter how big or bad your mistakes are, you almost always learn something from them.

To find some of the worst gaffes interns have made, we looked through a Quora thread that posed the question: "What is the most catastrophic mistake made by an intern at a company?" 

Here are some of our favorite responses:

1. User Michael Shiplet says at the last company he worked for, his team had been trying to secure a corporate partnership with UPS for about a year. "Everyone on the team had done backbreaking research, and the lead sales roles had spent several hundred hours crafting the higher levels of what this partnership would mean for both companies and drafting it into a beautiful partnership proposal (and I mean beautiful to read and to look at)," he explains. "And then I FedExed it to them."

Shiplet says his company lost the partnership a few business days later.

2. An anonymous user writes: "About 18 years ago as a student, I was doing research at London's Heathrow Airport, working in a room just below the control tower. We were listening to the control tower instructions and timing how long the pilots took to respond," he says.  

london heathrow airport terminal 5 His colleague left for lunch one day after accidentally turning his radio onto "broadcast" mode by accident. "[This] meant that no one was able to send or receive messages on the frequency that was being used to give take off permission," he explains. "I returned back to my desk and started to eat my lunch to discover that all departures from the airport had been brought to a standstill by someone who sounded like they were eating their lunch.

"The realization that it was the sound of MY lunch being eaten hit me about 10 minutes later. I rushed over and flicked the switch to off, and one of the busiest international airports in the world started to work again."

He says he was never caught.

3. Another anonymous source writes about how he was working in a downtown high-rise building as a manager for a tech-support outsourcer when, one night, some of his employees "had gotten hold of a couple of keychain laser pointers back when they first came out." 

RTR4T5WV

"So they were shining the laser pointers out the windows of the 24th floor of this building, where our offices were located. And it just so happened that they shone them into the windows of the hotel across the street. And it just so happened that on that particular night, the President of the United States was staying on that floor of the hotel in the room that faced our building."

"That's the only time I've ever met the Secret Service, and they don't have a sense of humor," the Quora user writes.

4. One anonymous user writes: "I once brushed against the wrong power switch and disconnected every telephone call being intercepted by a state police department at the time."

See the full Quora thread here.

SEE ALSO: 10 things new grads can do right now to get a job

Join the conversation about this story »

NOW WATCH: 7 smart questions to ask at the end of every job interview

MBA interns are making as much as $2,000 a week

$
0
0

College Graduates Tossing Caps

LinkedIn Influencer John Byrne published this post originally on LinkedIn.

It's that time of the year again when MBA students are marching off to their summer internship jobs in one of the best job markets in years.

At many schools, internship offers were up, with some lucky students having multiple opportunities from which to choose.

Pay is trending higher and an increasing number of elite students are even getting sign-on bonuses — for summer jobs!

"It's been very, very strong, with quite a few students having multiple offers," says Jack Oakes, assistant dean for career development at the University of Virginia's Darden School of Business.

Out of a first-year class of 320 plus students, more than 99% got internship offers this year. Only one MBA candidate didn't have one. 

This summer the big news is that investment banking firms are back on campus hiring for intern slots, while the consulting firms — which tend to pay the most money for their interns — are as aggressive as ever.

"It's nice to see investment banking recover strongly in terms of both demand and student interest," adds Oakes. "We've had one of our strongest years ever in investment banking recruiting, and interestingly the number of non-New York locations where students will intern is up as well. It has spread beyond New York to places like Houston and Charlotte."

In fact, the internship market is so hot that conversion rates on internships — the percentage of students who receive and accept an offer from an internship employer — are actually down at Darden and several other leading schools.

The reason? Students have gotten a bit more choosy and are so confident in getting a full-time job offers elsewhere that some are not automatically accepting their opportunities from summer employers. 

At Darden, 38% of the class last year source their full-time jobs from an internship, down from well over 50% in previous years. "It just shows that we're in a much better job market," says Oakes. "Now students are coming back with that full-time offer and asking if that is the right situation for them. Many are deciding to re-recruit and look for other opportunities."

The same phenomenon is true at Dartmouth College's Tuck School of Business. "There's a trend toward students really waiting and finding something that may be a little more nuanced to what their needs are," believes Jonathan Masland, director of the career development office at Tuck. "I find that students are willing to try something that they really want to do and that may not not always lead to a full-time offer." That translates into more MBAs going into early stage startups and non-profit organizations as well as more domestic students working internationally in such places as London, China, and Brazil. "It's being very deliberate about what is the right thing and being less willing to compromise. It reflects a confidence but also the fact that we work really hard to help students frame what's right for them."

An analysis of business school internship data from last year turns up some surprising and novel results:

The highest median salaries didn't go to MBA students at Harvard, Stanford, or Wharton, but rather the University of Chicago's Booth School of Business. Boothies commanded mostly median bases of $8,200 in their internship jobs — $1,400 a month more than MBAs at Stanford and more than $700 a month more than Harvard MBAs. How come? More of the students are HBS, Stanford and Wharton may be opting for experience over pay, setting themselves up for more lucrative long-term roles at private equity and venture capital firms, as well as startups that might throw equity into a full-time job offer.

Overall, MBA interns at the top 25 business schools — who generally work 10 to 12 weeks in their jobs over the summer — pulled down between Chicago's high of $2,050 a week to $1,400 for MBA interns at the University of Washington's Foster School. You can bet that no one is fetching coffee at those rates of pay.

Increasing numbers of MBA students — though not yet a majority — are getting sign-on bonuses for their summer jobs. At Harvard Business School, for example, slightly more than a third of the Class of 2015 — 34% — gained extra median pay of $2,500, up from only 13% a year earlier. The increase was driven particularly by investment banking firms returning to the market after a long absence due to the Great Recession.

To become more competitive with the consulting firms, I-banks put extra cash on the table for 73% of their HBS intern recruits last year, up from only 16% a year earlier. Internship pay for MBAs, moreover, has been going up. At HBS, median monthly pay last year hit $7,494, up from $7,000 two years earlier.

To see what MBA interns from the top schools make in their summers jobs and what industries they've chosen, see PoetsandQuants.comWhat Companies Pay MBA Interns.

More From John A. Byrne:

SEE ALSO: The most mind-blowing things I learned in my first year at Harvard Business School

Join the conversation about this story »

NOW WATCH: 3 sleep hacks that will make you feel rested and more productive

Capitol Hill staffers are using this app to gossip about their 'needy' summer interns

$
0
0

Cloakroom

Each June, the hallways of the U.S. Capitol building are flooded with congressional interns hailing from every corner of the country. 

These interns, famous for their ability to retrieve coffee, listen to disgruntled constituents and embarrass their bosses, are often a cause of headaches for senior Capitol Hill staffers.

This summer is no different, but now we have an insider's view after one of those interns (who asked to remain anonymous) sent Business Insider some screenshots from the app "Cloakroom." 

Cloakroom is an anonymous gossip app (like Yik Yak) that allows anyone with a congressional email address (either from "@senate.gov" or "@house.gov") to view and contribute to the anonymous discussion. 

The subject of the complaints range from interns making bad fashion choices:

Cloakroom App

To mocking the ambition of the young and eager:

Cloakroom app

 

Some rose to the defense of the interns, noting that other staffers were setting unreasonable expectations. Another user noted that complaining about interns is "part of the process."

If we had to guess, it sounds like a lot of posts come from young staffers, whose own experiences as an intern are still fresh in their minds.

One problem that interns frequently face is an inexperience with security procedures. This can cause major delays in the morning, when more senior Congressional staffers held up by confused interns who take multiple trips through the metal detector.

Cloakroom App

 

Interns attending key hearings is a long standing tradition on Capitol Hill. Showing deference to more senior staffers is an even longer standing tradition. This staffer was irked that interns took up all the seats during an important hearing on Obamacare. 

Cloakroom

Cloakroom creator Ted Henderson is a former staffer of Rep. Dale Kildee, and he created the app so that Congressional staffers would have a place to anonymously converse, according to Roll Call.

Multiple high-profile staffers recently lost their jobs due to poor decisions of social media, including Rep. Steve Stivers' Chief of Staff Adam Kuhn , who resigned after a porn star tweeted an explicit photograph of him, and Rep. Steve Fincher's communications director Elizabeth Lauten, who resigned after posting a scathing Facebook status about Obama's two daughters.

Henderson promises Cloakroom is a safe space.

“Cloakroom is completely disconnected from your real identity,” Henderson said. Contributors even can activate a nuclear option, which permanently deletes all posts they have ever authored. 

Nearly every day, new gossip about interns pours into the anonymous discussion, and the interns are watching —interestingly enough, most have the necessary email credentials to gain access the discussion.

If you're working or interning and using Cloakroom on Capitol Hill this summer, send Business Insider what you're seeing! Email WHaskell@businessinsider.com.

SEE ALSO: 12 Successful People Who Started As Interns

Join the conversation about this story »

NOW WATCH: Barney Frank has a grim outlook for the 2016 elections

The best advice no Wall Street summer intern wants to hear

$
0
0

east hampton beach

We've heard this so many times, and we feel the need to share it again with the incoming class of Wall Street interns.

One great piece of advice any banker/hedge funder will give to the new recruits isn't what they will want to hear.

Don't go to the Hamptons.

"You don't want to be in the Hamptons," one hedge fund portfolio manager, who also spent many years working at a bulge bracket bank, told us. "How are you going to be working on Monday? You have eight weeks to prove yourself. It's insane! We had an intern last year, and the guy was on call 24/7."

Another senior-level banker told us that even he didn't go to the Hamptons because of his busy schedule.

One way to think about an internship is that it's essentially a weeks-long interview. You want to be a standout among your fellow interns (in a good way, of course). That means you need to make yourself available and work extra hard. Get in early. Stay late. And kick butt at your job. Yes, some firms have limits on the hours you can work these days, but you need to be there when you can.

And if and when you do get a full-time job offer, you'll be able to enjoy the rite of passage of heading east another summer.

Until then, stay in the city on the weekends.

If you're a Wall Street vet and would like to share you best advice, or perhaps even a cautionary tale, with this year's intern class, feel free to email jlaroche@businessinsider.com. We can keep you anonymous if you wish.

Join the conversation about this story »

NOW WATCH: Forget the Apple Watch — here's the new watch everyone on Wall Street wants

Former Warner Music interns to get $4.2 million in lawsuit settlement

$
0
0

Warner Music Group NEW YORK (Reuters) - Warner Music Group has agreed to pay hundreds of former interns more than $4.2 million to resolve a class-action lawsuit accusing the company of underpaying them.

The settlement, disclosed in papers filed in Manhattan federal court on Tuesday, is the latest in a series struck by media and entertainment companies over claims they paid interns little or nothing for their work.

Warner Music in a statement said it was pleased to settle.

"We continue to stand by our internship program as an invaluable educational experience for students looking to obtain hands-on, real-world training," it said.

The settlement requires court approval, and covers interns who were paid nothing or less than minimum wage, in periods dating as far back as June 2007 for those working in New York.

Warner Music, owned by billionaire Len Blavatnik's Access Industries, reserved the right to terminate the settlement if the number of claimants exceeds 1,135, according to court papers.

Lawyers for the interns may seek up to 18.6 percent of the settlement amount as attorney fees, or $787,500. They did not respond to a request for comment.

Many lawsuits over intern pay were filed after a major June 2013 decision in which U.S. District Judge William Pauley in Manhattan said Twenty-First Century Fox Inc should have paid two interns who worked on the 2010 movie "Black Swan."

Other companies to settle with interns include Comcast Corp's NBCUniversal, for $6.4 million; Condé Nast, for $5.85 million, and Viacom, for $7.21 million.

The case is Grant v. Warner Music Group Corp, U.S. District Court, Southern District of New York, No. 13-04449.

(Reporting by Nate Raymond in New York; Editing by Lisa Shumaker)

Join the conversation about this story »

NOW WATCH: Forget the Apple Watch — here's the new watch everyone on Wall Street wants

Viewing all 196 articles
Browse latest View live