What is typical for an hourly rate for interns?
What should one expect as an hourly rate, was offered hourly instead of prorated due to location. Was wondering what a reasonable amount is.
Trending Content - Job Search Advice Forum
Career Resources
To many Variables:
Type of City (NY/SF, CHI, Charlotte, Austin)?
Type of Bank (BB, MM, Local Boutique)?
Experience (First internship, junior year internship)?
Ny/SF
MM
Junior year internship
~$30-35 would not surprise me if they are offering overtime
Free
If you are in SF and getting 1.5x OT, run a little Excel on how much that is working ~60-80 hour weeks... even $20 an hour you'd make more than the interns getting $100k base working 80 hour weeks. So anything $25-35 I'd say is generous if OT is 1.5
We pay $50/hour + 1.5x OT after 40 hours. NYC-based industry boutique.
What firm in NYC is paying 1.5x OT?!?!
Do you mean 0.5x premium ?
$50 an hour with 1.5x OT is roughly = $125 an hour that’s insane
Yes that's what I mean (pretty sure that's what most people mean with 1.5x OT)
Non NY, hourly rate is $40 + OT
Consequatur provident in dolor exercitationem. Atque dolore quia et non voluptatem adipisci quas perferendis.
Minima suscipit consequatur modi vitae quae facilis odit. A et cupiditate nulla. Nam eos aut commodi qui repudiandae. Accusamus maiores in eius velit tempora accusamus.
Sint voluptates qui sint quaerat delectus qui qui. Est optio repellat placeat sed accusamus ut. Blanditiis blanditiis fugiat incidunt tempore officiis.
Impedit labore repudiandae eos atque. Aut dolore enim et. Aut ipsum quis praesentium excepturi est et eaque. Necessitatibus optio sunt quos voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...