Fun fact you can approximate hourly rate to yearly salary roughly just by multiplying by two. $45/hr roughly 90k ish

Silicon Valley salaries are something else. ARM in Cambridge paid their interns something like £20-22K around 5 years ago. No wonder almost none of them stayed on as graduates.

Interns don't stay for a whole year, but yeah, this is typical internship salary (it might have gone to 55+ now) at FAANG.

Yes, that’s correct. Of course, interns don’t generally work 40 hour weeks for a full year, so in practice my W2 income was more like $55k.

I was originally hired for the summer at $35/hr or so, and then got a raise at the end of the summer when they asked me to stay on part-time during the school year.