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NVIDIA tops highest paying internships list

14 April 2021
Dan Ackermann

In the past year as the pandemic raged on, some of the world's most valuable companies continued to grow and compensate their workers well above national medians – interns included.

Driving the news: Workplace review platform Glassdoor published its 2021 report todayon the 25 highest paying U.S. internships.

  • Tech companies once again dominated the list, taking up 16 spots.
  • Banks made the list six times and energy companies show up twice.

Why it matters: Internships offer companies a wide recruiting pool to fill full-time hiring pipelines — and in tech, the need for fresh talent is so acute that companies often have to outspend one another to be competitive.

Topping Glassdoor's list this year in median monthly pay:

  • NVIDIA, $8,811 ($105,732 yearly)
  • Facebook, $8,023
  • LinkedIn, $8,009
  • Amazon, $7,954
  • Salesforce, $7,710
  • Rounding out the top 10 are Capital One, Microsoft, Uber, Google, and ExxonMobil.

For context: Top internship pay growth is outpacing growth of national median income and earnings by a significant margin.

  • Median household incomes in the U.S. grew 6.8% to $68,703 in 2019, while median earnings for workers 15 and older grew 1.4% to $41,537.
  • The top median monthly pay for interns grew 10% from 2019. (Glassdoor publishes this list every other year, and Facebook topped the previous list at $8,000.)

Worthy of note: NVIDIA ranked second on Glassdoor's top paying companies in 2019.

  • Tesla shows up on this year's highest paying internship list at 24 with a median monthly pay of $5,348 and is flagged as going through a hiring surge right now.
  • The spread between the top spot on this year's list versus the 25th spot, occupied by Cisco Systems, is $3,463 or $41,552 on a yearly basis.
  • Many Big Tech internships went virtual last year amid the pandemic shutdowns.

Yes, but: While these numbers may be enviable, some 40% of internships at for-profit companies are unpaid because many employers still view summer internships as a "rite of passage."

Transcripts show George Floyd told police "I can't breathe" over 20 times

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Newly released transcripts of bodycam footage from the Minneapolis Police Department show that George Floyd told officers he could not breathe more than 20 times in the moments leading up to his death.

Why it matters: Floyd's killing sparked a national wave of Black Lives Matter protests and an ongoing reckoning over systemic racism in the United States. The transcripts "offer one the most thorough and dramatic accounts" before Floyd's death, The New York Times writes.

The state of play: The transcripts were released as former officer Thomas Lane seeks to have the charges that he aided in Floyd's death thrown out in court, per the Times. He is one of four officers who have been charged.

  • The filings also include a 60-page transcript of an interview with Lane. He said he "felt maybe that something was going on" when asked if he believed that Floyd was having a medical emergency at the time.

What the transcripts say:

  • Floyd told the officers he was claustrophobic as they tried to get him into the squad car.
  • The transcripts also show Floyd saying, "Momma, I love you. Tell my kids I love them. I'm dead."
  • Former officer Derek Chauvin, who had his knee on Floyd's neck for over eight minutes, told Floyd, "Then stop talking, stop yelling, it takes a heck of a lot of oxygen to talk."

Read the transcripts via DocumentCloud.