Silicon Valley salaries are something else. ARM in Cambridge paid their interns something like £20-22K around 5 years ago. No wonder almost none of them stayed on as graduates.
Yes, that’s correct. Of course, interns don’t generally work 40 hour weeks for a full year, so in practice my W2 income was more like $55k.
I was originally hired for the summer at $35/hr or so, and then got a raise at the end of the summer when they asked me to stay on part-time during the school year.
$45 * 8 (hours a day) * 22 (days a month) * 12 (months) = $95k
You were getting paid the equivalent of $95k/year as an intern??