Unpaid intern at small boutique, possible to turn into some form of stipend?
Had an interview for a small boutique bank and suffice it to say, it went well. I got the interview through a resume blast. I don't have a problem working unpaid as they're going to be giving me a ton of modeling experience. Is there any way I'll be able to pull a stipend of sorts? Heck, I don't even care if its as little as $500. Not sure how to approach the issue.
Also, assume I don't ask for anything throughout the internship. If I did consistent work throughout the summer, would it be out of the question for them to come back to me and say "hey, you did great work...here's a check."
Same boat, also interested in this.
echoing the above. if it;s unpaid from the start, just hope your boss somehow decided to give you some money for your hard work in the end of summer
Your boss might take you out to lunch a few times.
When I had my unpaid SA spot I was still able to get a job at a restaurant for some money. Check into that? I doubt they would just cut you a check at the end.
Boutique SA Stipend (Originally Posted: 04/17/2012)
I might be splitting hairs here, but is it customary for a boutique to offer a stipend for food if the internship is unpaid?
I'll be at a boutique this summer and am wondering if there's a good way to ask for such a thing, or if I should just avoid this topic. I would imagine that with working late pretty much every night, there would have to be some sort of dinner fund, but maybe that's not that common. I realize this would be a huge generalization, but advice would be appreciated.
Thanks.
I'd ask to make sure. I didn't get paid a dime at my internship last summer, but have friends at other firms that received a $1k-2k stipend at the end of their 'unpaid' summers.
What type of firms are we talking about here? And were they told prior that they would receive a stipend at the end of the internship?
I find it absolutely ridiculous that regional BBs and certain well-known MMs/boutiques only offer unpaid internships (usually with academic credit) when I could be getting paid $18+/hr at some unknown wealth management shop that recruits at my non-target.
But hey, if your fortunate enough to not be in dire need of immediate funds, then it's only the experience that matters. It will pay dividends in the long run.
Wow, this is stupid. I know people making $30/hour in the summer in the Back Office at BBs.
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