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Interns: paid or not paid?

South Carolina Business Review
SC Public Radio
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Many businesses hire interns during the summertime. And that’s usually a win-win situation for both sides: the intern gains some valuable work experience and the business could gain a quality long-term hire. But our next guest says many workers and companies remain confused about whether or not interns are required to be paid. Mike Switzer interviews Katie Busbee, an employment lawyer with Haynsworth Sinkler Boyd in Greenville, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.