As per The New York Post, Condé Nast has quietly settled a class action suit filed last year by two former interns. The summer interns claimed they earned less than a dollar per hour for their labor.
It should be noted that five months after the lawsuit was filed, the company indicated it was ditching its internship programs.
Matthew Leib revealed he earned between $300 to $500 during the summers of 2010 and 2011. He edited and proofread the “Shouts & Murmurs” and “Talk of the Towns” columns during his internships at The New Yorker.
Lauren Ballinger earned $12 per day during the summer of 2009 in the accessories department of W. And by day we mean 12-hour days.
Per the piece, it sounds like a new intern program may be on the horizon. Their CEO Charles Townsend e-mailed employees with text that hinted to a program of some sorts making a comeback. In addition, he wrote, “We believe settling the lawsuit at this time is the right business decision for Condé Nast.”
- Meet the Mandated Vacation: TED.com's Staff Takes Two Weeks!
- What Amount Do You Need to Earn to Feel Successful?
- And the Average Tech Intern at Twitter Earns...
- Summer Job Prospects Sizzle for Teens