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I worked at Alpaytac, Inc. (Less than a year)
Got much needed industry experience
Pay - Interns were paid $1000 a month for the first 3 months and then $1500 for the next 3. Those who survived until the end of the 6 month "internship" were then hired on WAAAAY below industry standards - especially for Chicago. Hours were 8:30-5 but workers rarely left at 5 - when you did leave at 5 you felt like others were judging you for it. No real guidance when you first start either. Turnover was atrocious; 2 of the 3 people I interviewed with were gone when I got there. Of the 15 or so people who were there when I started only about 4 of them were there 6 months later.
Advice to Management
Stop using the word "internship" to command almost free labor. If you're mad about turnaround start paying closer to industry standards.