Happy to work for free

Here’s an illustration of why unfair internships thrive as potential employees are weakened. From The Daily Princetonian:

The recession is also boosting the applicant pool at FG Companies, a small boutique investment bank in New York that only offers unpaid internships, said Kai Chan GS ’04, an associate at the firm. “[The downturn] is great for guys like us, honestly, because we’re finding a lot of people who are saying, ‘Yeah, we’re happy to work for you for free,’ ” Chan said. “I noticed last year when we did interviews and said, ‘Just to be clear, this is an unpaid internship,’ some people were wavering,” Chan explained. “This year, when I explicitly start off the interview saying it’s an unpaid internship, they’re fine with that, and just say, ‘Let’s proceed.’ ”

This is the reason why unfair internships are illegal: because they are the consequence of the weak negotiation position of potential interns – exploitive, in other words. Those have no choice but to lower and lower their requirements to even gain experience. The good news is that there is a solution: collective action through legislation. And it already happened: unfair internships are illegal.

One Response to Happy to work for free

  1. Alex says:

    All internship and traineeship positions are paid at http://www.j1training.org. J1 Training programs are open to all international students and young professionals up to age of 34. It is a great opportunity to gain professional training in the USA. However most positions are in hospitality😦

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