Considering Using Summer Interns? Then Consider Paying Them

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Given today's uncertain economic climate, it has been increasingly difficult for the many unemployed or underemployed to find jobs. Among those looking for work are students and others who are seeking not only to earn a paycheck, but also more importantly for some, to gain experience. With such a tight job market and the ever-increasing number of college students, graduates and laid-off workers, many are willing to forego a paycheck to gain experience in an industry that they are trying to break into - with the hopes that this will give them a competitive edge and a better resume, or that it will later turn into a paying job. These eager individuals who can (or at least are willing to) sacrifice a paycheck, have led to a swell in the number of employers who are engaging unpaid "interns."

While hiring unpaid interns may sound like a great idea for employers - free labor by an enthusiastic and willing participant - extreme caution must be exercised. Both the federal and New York State Departments of Labor are cracking down on companies that fail to properly compensate interns.

Please see full alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ruskin Moscou Faltischek | Attorney Advertising

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