Re:Tech industry's persistent claim of worker shortage may b...
by enraged_camel on Monday August 03, 2015 @01:46AM
(#9994049)
You should work at a law firm sometime. Interns are very, very profitable for them, because they work insane hours and do everything they are told without question.
Re:Tech industry's persistent claim of worker shortage may b...
by morgante on Monday August 03, 2015 @03:42AM
(#9994298)
I should have been clear that I only meant for the tech industry.
Other industries (law, finance, fashion, media, etc.) heavily exploit interns to profit off their desperation.
Re:Tech industry's persistent claim of worker shortage may b...
by crdoconnor on Monday August 03, 2015 @05:22AM
(#9994632)
The tech industry isn't that different. The only reason kids get a not-horrible salary interning at Google and jack shit at Marie Claire is because of the prevailing industry salaries.
(which is something the tech titans are trying to "fix")
I've literally never seen a company make a net profit on interns. Talk to people running intern programs: it's explicitly seen as a hiring funnel for full-time, not as an end of itself.
> A class action lawsuit by tech employees broke the cartel.
The lawsuit came after the cartel had already stopped functioning. Facebook refused to play ball and started recruiting aggressively from the other companies (particularly Google), directly undermining the wage-fixing.