When it comes to location, the highest average paycheck ($146K annually) can be spotted in San Jose, Calif.; the company's headquarter city of Fremont, Calif. ($106K), Portland, Ore. (approximately $94K), and Tualatin, Ore. (about $76K) are the next top-paying cities. Pay rates in the United States are highest in the state of California, where they average to $108K per year.
Supply Chain Managers earn the highest median pay at around $120K annually, followed by Senior Product Engineers ($118K), Product Engineers (approximately $110K), and Process Engineers (about $105K). Among the lower-paid positions at Lam Research Incorporated are Mechanical Engineers — the median salary for this role approaches $83K.
Years of Experience
Respondents who have been working for five to nine years make around $99K per year on average. The greater proportion of employees (32 percent) report one to four years of experience and bring home median pay of $106K annually.
Certifications and Degrees
Monetary compensation comes to about $148K per year for Project Management Professionals, far surpassing the earnings of non-credentialed workers. Engineer in Trainings also rank high on the pay scale, with expected average earnings of $99K annually. Those with a B.A. in Bachelor of Arts (BA) at Lam Research Incorporated come out on top, and their salaries approach $116K per year.
Employees who count Manufacturing Process Engineering among their skills enjoy higher pay; the median for this group is approximately $109K annually. One of the more prevalent skills at Lam Research Incorporated is Engineering Design, with slightly less than a third considering it a key competency. Key skills also include Data Analysis, Product Development, and Computer Aided Design.
Benefits and Perks
A 401(k) program is available, and the vast majority of employees use it to save for retirement. Perks cover health insurance for almost all survey participants and dental coverage for a large number of respondents. Advantages of working here also include a subsidized cell phone, life insurance, gym membership, stock options, and a stock purchase plan.