Nice post! If a paid position, how much have you typically paid interns? Is it hourly or project based?
We pay a stipend for the whole summer ($2K). I've heard everything from unpaid to $4K for the summer. More than that for a business intern, in my opinion, is unnecessary and doesn't get you kids who are there for the right reasons.
In most states (perhaps all), you must pay interns at least minimum wage unless they get college credit and you get no benefit to your business from the internship.
You'd be surprised what people do, sometimes they just ignore that. Or they make them a contractor with a 1099, which is also illegal (or borderline).
Awesome post. Working on our efforts right now. Thanks!
Perfect timing! Thanks Gagan, very well written blog.