mike | Shared With: Everyone - Jul 19 2008 | labor laws, internships, wages, minimum wage, startups
Great article on the dangers of hiring "unpaid interns". Besides not being "fair" - it's also illegal. Employers should not be asking their employees to work for less than minimum wage if they are producing valuable work product for them.
About the only safe thing is to have interns shadow an employee to watch them work. You could also offer them training, and have them work on independent projects that are non-commercial.
Any non-founder employee at a startup also needs to be paid at least minimum wage (though this may be able to be paid in equity - check with your lawyer).
Quoted: "All it takes is one disgruntled intern, or their parent or spouse or friend, to call the U.S. Department of Labor, and the company who follows this type of exploitative advice is toast,"
Related Content from Around Faves
startups
-
This either represents denial or reality, depending on your perspective. In any case, maybe it brightens your day:)
1 FaverViewed: 7 TimesQuoted: All is not lost. If you, like me, run a technology startup, then you are in a better position than most to weather, and even profit, from the coming recession. Here’s why:
- mohit - 9 days ago2 FaversViewed: 15 Times
- mohit - 20 days ago2 FaversViewed: 2 Times
news
-
Slide deck from Sequoia. Basically says "tighten your belts right now".
2 FaversViewed: 12 TimesQuoted: We were able to track down the presentation that Sequoia Capital gave to its portfolio company CEO's earlier this week (and so did ...
- derek - 2 days ago1 FaverViewed: 28 Times
- shiwani - 3 days ago1 FaverViewed: 7 Times
