The increasing difficulty of finding any kind of employment sometimes leads students on Planet College to consider other sources of finance. Some which have begun appearing with increasing regularity are offers of work for 'deferred pay". This means that you will work now and possibly be paid later. Possibly.
Money is hard to get and even harder to keep. The possibility of additional finances even working now for some money later is alluring.
But if your time energy and talent are worth anything at all they are worth being paid, paid real money, in a timely fashion, a lot closer to Now than Later.
Deferred pay, often contingent upon some payment to the concern that 'hires' you, is not a promising source of funds. Not promising at all.
No matter how 'lean' things are, and right now that is pretty lean, deferred pay will put no money in your pocket now and possibly none ever.
Those ads for 'deferred pay" ? Skip 'em.
Showing posts with label pay. Show all posts
Showing posts with label pay. Show all posts
Sunday, November 6, 2011
Thursday, March 17, 2011
Internship Update
Due to the frequency of 'internships' offered on Planet College an entry was made here.
This is an update.
Opportunities for "interns" appear often on flyers distributed around most campuses, in job listings in the campus newspaper and on many on line job boards. This term has often been interpreted to indicate "unpaid", the implication being the intern will be compensated in experience. This interpretation is seriously incorrect. Because this term has become so widely misinterpreted The State of California has issued a directive which outlines the conditions under which a worker may be termed an "intern." The New York Times published an article concerning this directive and you may read it here. If you are considering an internship please read it carefully. Of course, the definitions and conditions for an internship will vary from state to state and it is smart for you to check out your state's requirements for this classification. This is to assure you are not simply being exploited. Essentially the consensus is an intern must be compensated by some means for their efforts.
Becoming an intern in the industry in which you intend to work can be a useful opportunity for you. It helps to know, though, that you are not just unpaid labor.
This is an update.
Opportunities for "interns" appear often on flyers distributed around most campuses, in job listings in the campus newspaper and on many on line job boards. This term has often been interpreted to indicate "unpaid", the implication being the intern will be compensated in experience. This interpretation is seriously incorrect. Because this term has become so widely misinterpreted The State of California has issued a directive which outlines the conditions under which a worker may be termed an "intern." The New York Times published an article concerning this directive and you may read it here. If you are considering an internship please read it carefully. Of course, the definitions and conditions for an internship will vary from state to state and it is smart for you to check out your state's requirements for this classification. This is to assure you are not simply being exploited. Essentially the consensus is an intern must be compensated by some means for their efforts.
Becoming an intern in the industry in which you intend to work can be a useful opportunity for you. It helps to know, though, that you are not just unpaid labor.
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