Knoxville, Tenn.-based startup WeScore.com is paying student interns $22 an hour — three times the national minimum wage of $7.25 per hour.
“We certainly could have gone the route that so many companies do and offer ‘experience’ rather than fair compensation for student labor,” CEO Jacqueline J. Stanfill said in a statement. “But it would have been hypocritical for us to be launching a site dedicated to helping the middle class while taking advantage of middle class students.”
The company’s posts for fall internships, published by the University of Tennessee-Knoxville, are targeted to design students who will be “involved in the day-to-day business development and marketing efforts.” The company says it has already hired two former interns as full-time project managers. Dice News has contacted the company to determine whether there will be IT internships as well.
WeScore’s wages, however, wouldn’t rank among the top-paying IT internships, according to figures from Glassdoor. It ranked the top-paying IT internships from Cisco at No. 20, paying $3,930 per month, up to No. 1 VMWare, at $6,536 per month.
Money isn’t everything, though. Rankings by the website Vault look at five factors: quality of life, compensation and benefits, interview process, career development and full-time employment prospects. It puts Capital One at No. 1, though the company didn’t disclose pay to Forbes, saying only that it’s “very competitive.”