Between 2015 and 2018, the number of Americans using ridesharing apps increased from 15% to 36%. The numbers have continued to grow since 2018. The two companies dominating the rideshare market are Uber and Lyft.
Landing an internship with a fast-growing company like Lyft can provide experiences that will help you grow while also adding a credible name to your resume. This guide will tell you everything you need to know about landing a Lyft internship. Not only will we detail how to get the job, but we’ll also cover what to expect during your program so that you can determine whether applying for the position is worth your while.
What Is Lyft?
Lyft is an on-demand ridesharing program headquartered in San Francisco, California. Since being formed in 2012, the company has grown to the point where it now holds 30% of the ridesharing market share in the United States. That makes Lyft the second-largest ridesharing company in the U.S., second only to Uber.
We’re going to teach you about the tech and software side of the company, as opposed to working as a Lyft driver. Working as a Lyft driver doesn’t require much experience, and there’s no internship program required.
If you’re someone with a computer science or software-related background, you’re likely much more interested in an internship on the corporate side of things. Lyft’s internship program is primarily for software engineers, although some other options open up from time to time.
We spoke to two recruiters and program managers with Lyft about what it’s like to intern with the company. Listen here:
Lyft Internship Programs
Lyft’s internship program is part of its broader University program. The University program focuses on hiring:
- New graduates
- Associate product managers
Lyft is accepting applications for its internship program. Although specific opportunities vary from year to year, some examples of past internships include:
- Actuarial Intern
- Firmware Engineer Intern, Bikes & Scooters
- Process Engineer Intern, Technical Operations
- Software Engineer Intern
These positions are open across a wide range of departments. For example, Lyft accepts software engineering interns for departments like:
- Autonomous Vehicles/Self-Driving Division
- Machine Learning
- Driver Platform
- Mobile Applications (iOS and Android)
Lyft expects software engineering interns to currently be pursuing a bachelor’s or master’s degree in computer science, data science, or the equivalent. There is a requirement to return to coursework for a minimum of one term following the internship completion.
Applicants should have experience with object-oriented programming and the ability to thrive in a startup environment. They should also have a passion for sustainability or transportation and giving Lyft users the best ride possible.
What To Expect During the Application and Interview Process
Lyft seeks to create a diverse organization, hiring people from different backgrounds. The company often focuses on hiring college students from small schools and keeps diversity in mind when doing so.
Having said that, the Lyft internship program is competitive, often sitting between 15 and 20 team members. Lyft says that the average candidate has three to four offers when walking in the door from companies like Amazon, Google, and Microsoft. Lyft’s average success rate for hiring the interns it wants is around 50%.
The interview process is extensive, so you’ll want to brush up on your communication skills. There are three parts to the process. First, a recruiter screens you to see if you’re a good fit. Then, you go through a phone interview with a design team member. Finally, you sit for a final interview at the company headquarters in San Francisco if they are offering in-person interviews.
Lyft Internship Pay and Benefits
Before we dive into the internship program pay and benefits, It’s worth noting that the program changed significantly as a result of COVID-19. In the wake of the coronavirus pandemic, Lyft cut down its internship program from 12 weeks to eight. The company also cut Lyft intern salaries in half and pulled back the housing stipend.
This falls in line with changes that Lyft made across the board, as it cut more than 1,000 employees due to the pandemic.
Before the pandemic, interns were paid $9,600 per month. Now as a result of the pandemic, salaries are around $5,000 per month. Additionally, Lyft previously provided a housing stipend that helped students find apartments in the absurdly expensive Bay Area. That is no longer the case.
As mentioned before, Lyft is currently accepting applications for next year’s internship program. Although applicants are currently expected to be based in San Francisco, Lyft has considered moving to a virtual program. This could open up opportunities, allowing you to work anywhere from Nashville to Denver since you wouldn’t have to relocate.
When you consider that many tech companies cut their internship program altogether, the fact that Lyft kept its program is still promising. Ridesharing does not appear to be going anywhere, and Lyft is still one of the companies on the cutting-edge. Even though the pay is a bit less than before, working as a Lyft intern could still help you land a full-time role as a new grad.
Lastly, Lyft interns receive great benefits as well. Interns have options for the following insurance plans:
Additionally, they have access to a 401(k) plan to help with retirement savings, as well as access to a pre-tax commuter tax break. Lyft also provides interns access to its Pink program, where team members receive exclusive opportunities for Lyft rides.
What To Expect During Your Lyft Internship
These processes are subject to change if you’re working remotely in your own community. The process that we outline below is assuming the Lyft internship takes place in person.
Most interns arrive between 9:30 and 10 each morning. Many leave around 5 but head back to campus around 7:30 p.m., as Lyft serves dinner to its team members. You may find yourself doing some front-end or backend coding for a couple of hours after dinner.
You’ll work on a small team of three to six people. You’ll work closely with these individuals and they will act as your mentors. Those who are hard workers and are willing to learn and grow are the ones who form close bonds with team members and typically receive a full-time offer.
Lyft also offers opportunities to connect with high-level executives through its lunch and learn program. There are endless opportunities for you to grow as a professional when taking part in the Lyft internship program.
In a typical year, Lyft may hire 15 to 20 new graduates. Upon receiving a full-time offer, you may be relocated to alternate locations. Although Lyft is based in San Francisco, it has more than 45 offices across the United States, including areas like New York and Seattle.
Find the Right Internship for You With Scholars
An internship experience with a prestigious tech company like Lyft will give you the skills necessary to start your career. However, because internships like these are highly sought-after, the application process can be competitive.
That’s where Scholars can help. Scholars connects students with internships opportunities at top-notch companies, ranging from Uber and Lyft to Shopify. Scholars provides tips on how to land a gig at one of these companies. We also provide reviews of what it’s like to work at desirable companies so that you can find the right match.
Be sure to sign up and create a profile so that recruiters can easily connect with you. Also be sure to subscribe to our podcast The Internship Show, where we routinely review the best internships available today.