[gaganbiyani]

We pay a stipend for the whole summer ($2K). I've heard everything from unpaid to $4K for the summer. More than that for a business intern, in my opinion, is unnecessary and doesn't get you kids who are there for the right reasons.

[royleban]

In most states (perhaps all), you must pay interns at least minimum wage unless they get college credit and you get no benefit to your business from the internship.

[PagingCraig]

You'd be surprised what people do, sometimes they just ignore that. Or they make them a contractor with a 1099, which is also illegal (or borderline).