This is a good question and I will reply from Seedly and ShopBack perspective.! I think it really depends on the stage of company as a startup? :) Last time we started with $600 a month (without CPF) but now, with more structure and processes, we pay between $800 to $1,200 for interns. Depending if they are interns who are still studying in University/Poly/After Army Or if they are a graduate intern. - Fresh summer/winter interns = $800 with CPF - Graduate interns = $1,200 with CPF And the interns in Seedly and ShopBack actually get alot of welfare also, Team bonding meals, activities, a full pantry, OT claims for food and cab ride home, Health checkup (yearly) and occasional Friday lunches. (so lucky these kids nowadays) haha! Overall, its about learning opportunities and leveling up as fast as possible. We find that most interns pick things up very quickly and can also perform at a level of a full-timer, which is expected, because we don't actually segment or treat anyone different just because of the current employment status. You'll actually find some of them hanging around here and many who have been in the past as well. In my mind, $400 a month is definitely on the low side and can be quite difficult for the intern to get by. Keep in mind, if this is a freelance/part time intern it could still work out.