How many engineers does it take?
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How many engineers does it take?
A Federal District Court judge in Manhattan ruled on Tuesday that Fox Searchlight Pictures had violated federal and New York minimum wage laws by not paying production interns, a case that could upend the long-held practice of the film industry and other businesses that rely heavily on unpaid internships. In the decision, Judge William H. Pauley III ruled that Fox Searchlight should have paid two interns on the movie “Black Swan,” because they were essentially regular employees. The judge noted that these internships did not foster an educational environment and that the studio received the benefits of the work. The case could have broad implications. Young people have flocked to internships, especially against the backdrop of a weak job market. Employment experts estimate that undergraduates work in more than one million internships a year, an estimated half of which are unpaid, according to Intern Bridge, a research firm.
This is a significant victory for the rights of interns. Too many companies have gotten away with essentially free work. As I have stated before, unpaid internships are akin to exploitation. Hopefully more companies wake up to the fact that such arrangements are grossly unfair and devalue people and their work.
Our policy is to pay interns $3500/mo. We also require companies who participate in our Apprentice Program (our graduates become their interns) to pay the same.
In fact, Snowden’s lack of formal credentials made him mainstream, and maybe even the wave of the future. The Brookings Institution reported in a paper titled “The Hidden STEM Economy” that half of the nation’s workers in the fields of science, technology, engineering, and math don’t have or need a bachelor’s degree. They do their work with an associate’s degree or even just on-the-job training. When you add in these less formally trained STEM specialists, you arrive at 26 million STEM workers, making up one-fifth of the U.S. workforce. The most common non-college STEM jobs include trades like auto mechanics, electricians, welders, and logistics supervisors, whose jobs all increasingly require a sophisticated mastery of both software and machinery. On average these workers earn 10% more than workers at a similar level of education who don’t have a mastery of any scientific or technical field.
I work for (and believe in) General Assembly for a reason. The traditional liberal arts education is a wonderful luxury for some, but for many it will be the most expensive vacation of their lives. The world needs a vocational alternative.
Half.com founder and CEO Josh Kopelman once told me that the thing he hated most about being CEO was when two of his smartest people would disagree and he would have to come down on one side: “These decisions were usually 51/49% and I was left having to console the ‘loser’.” He’s right. Arbitrating these disagreements is one of the hardest and most emotionally draining parts of the job, but many CEOs just avoid it and nothing breeds a horrible culture like a CEO who puts offs decisions or, worse yet, makes too many compromises.
Advertising, or paid marketing, is one way out. You spend money, you make money. You spend more money, you make more money. The only problem is the money you are “making” is showing up on the top-line and not the bottom-line.
That was weird.
I felt like I wasn’t smart enough to fully appreciate it all.
iOS 7 will make my iphone look like one of those fugly Androids that remind me of tacky gamers.
Steve is dead and if this is the trend the apple will rot soon enough.
I might just totally cut off phone communication from my life.
FYI: I am not interested in opinionzzzz from Android fanboys or Apple fanboys.
Totally agree with Z here. It looks very Android and I’m not a fan.