How should I employ/pay my student friend over the summer

Discussion in 'BlackHat Lounge' started by macdonjo3, Apr 7, 2015.

  1. macdonjo3

    macdonjo3 Jr. VIP Jr. VIP

    Nov 8, 2009
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    I'm a student, and my friend is a genius (top 5%) student. We both attend the country's top computer science school.

    He has the next 4 months free, so I said he should work on my SAAS with me.

    He doesn't want to really be an entrepreneur, he wants to get a secure day job down the road. He also wants to build up a resume for his internship next summer.

    I talked about percentages and fixed, or just work on it for free whenever he wants just for a resume boost.

    Since he cannot really continue to work past the end of summer, it's hard to say percentage is a wise choice.

    He is learning the new technology as I show him (Instagram API, etc), but he learns pretty damn fast. So since he is learning, it's hard to pay that much money for it when I'm teaching so much.

    Any thoughts? He is super productive, so would be a major asset to have an equally intelligent student working 60 hours a week with me, but as you can see, there are some obstacles.
  2. The Mentalist

    The Mentalist Power Member

    May 8, 2013
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    Inside your head
    If you're confident in his abilities, pay him a standard price as a computer science intern. $20 an hour is an average going rate. If he really is smart he should have no problem finding a tech internship of his own though, many companies around where I live are desperate for computer science, software engineering, and computer engineering interns.

    As someone who has been in a software engineering internship, teaching interns is all part of the game. That's the whole point, companies would be better off hiring full time employees, but they are trying to develop talent for their future.

    Pay him, maybe not $20 an hour, but spend some time investing in him. If he's any computer science student he should be able to spend a lot of time looking at your code and learning on his own. Maybe just pay him to learn on his own, eventually he will be able to contribute.