The RNC was already paying its summer interns for decades. Both parties pay interns less than the tech and finance industries, however.
The Democratic National Committee’s internship program has addressed the elephant in the room.
The party has been called out by Pay Our Interns, a bipartisan, non-profit advocacy group pushing for paid internships, for not compensating its temp workers. But DNC chair and former U.S. labor secretary Tom Perez announced on Thursday that interns who are accepted into the program beginning January 2018 can apply for stipends of up to $3,000 per semester.
“A limited number of stipends are available for full- and part-time interns,” the internship website now states. “Stipends are granted based on a simple application, which will be sent after an intern has accepted an offer.”
The DNC has still got work to do to catch up with its Republican rivals, however. The Republican National Committee was already paying its summer interns a comparable amount for the past two decades, a spokeswoman told Moneyish, with stipends of several hundred a month running upwards of $2,000 apiece throughout its Eisenhower Internship Program. And Pay Our Interns research has found that on Capitol Hill, half of Republican senators pay their interns, compared with just a third of Democratic senators.
Unpaid internships have become increasingly frowned upon for favoring candidates who can afford to work for free over those who need money to cover their living expenses. And the unpaid temps are at a disadvantage once their internship ends, since a recent study found paid interns at private companies have a 72% chance of getting a job offer compared to just 44% of unpaid interns. Hence former unpaid interns suing companies such as the Hearst Corporation and the Olsen twins’ Dualstar Entertainment for not paying them for doing the same work as paid full-time employees.
Now some tech companies in particular are offering their interns compensation that’s even better than some full-time jobs. Glassdoor’s 25 Highest Paying Internships in American for 2017 list noted that entry-level interns cutting their teeth at Facebook, Amazon, Microsoft and Apple make more than $6,000 a month, with Facebook temps averaging $8,000 a month, plus perks like free housing and transportation. That’s a lot to ‘like.’
In finance, summer interns at BlackRock, Capital One, Deutsche Bank, Bank of America and Visa bank between $4,500 and $5,400 a month, according to Glassdoor’s report.
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