Besides hourly wages, what are two other forms of remuneration mentioned for interns?
Answer
Stipends and Course Credit
Compensation can be structured as a fixed sum to cover expenses (stipends) or tied to fulfilling degree requirements (course credit), although the Department of Labor scrutinizes using credit alone if substantive work is performed.
Related Questions
Which U.S. federal law significantly influences whether compensation for an intern is mandatory?In the U.S., what factor primarily determines the legal requirement for paying an intern?Which condition suggests an employer is the primary beneficiary, likely requiring payment for an internship in a for-profit setting?In which sectors are paid internships increasingly the norm rather than the exception?Besides hourly wages, what are two other forms of remuneration mentioned for interns?What does the DOL maintain regarding using academic credit to justify unpaid status when the intern performs substantive work?If an intern is receiving regular payment, what documentation should they typically expect?If a state has minimum wage laws stricter than the federal standard, which must the employer adhere to?What structural element often indicates a high-quality, well-structured paid internship?Which question helps an intern assess if their expected output is merely educational or has tangible business value?