I would classify all the companies on the list below as beneficiaries of Federal Reserve money printing.
Get a job at one of these companies during the boom phase of the Fed manipulated boom-bust business cycle and you are going to be surfing on a high wave of cash.
Incredibly, summer interns at these companies at the median get paid more than $4,500 a month, according to Glassdoor. That amount, if it was paid over the course of a full year, would be north of $54,000, exceeding the median annual pay for a U.S. worker, calculated from the Bureau of Labor Statistics' latest weekly earnings data for full-time wage and salary workers ($44,460).
Topping the list was Facebook, where the median pay for interns is $8,000 a month, according to the report. The next three were
Microsoft (which pays a median $7,100 a month), ExxonMobil ($6,507) and Salesforce ($6,450).
Of course, all bets are off during the bust phase of the business cycle which could result in you driving for Uber real fast.
-RW
(via The Washington Post)
Doesn't this data ignore geographic cost of living? $5,000 for an oil company, working in the Midwest is surely going further than $6,400 at Apple, in Silicon Valley.
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