Staff Engineers earn the highest median pay at around $126K per year, followed by Electrical Engineers ($118K), Supply Chain Managers (about $111K), and Product Engineers ($110K). Manufacturing Production Planners at Lam Research Incorporated do not see much in the way of financial compensation and represent one of the lower-paid positions ($73K on average) at the company.
When it comes to location, the highest average paycheck (approximately $127K annually) can be spotted in San Jose, Calif.; the company's headquarter city of Fremont, Calif. ($108K), Santa Clara, Calif. ($107K), and Tualatin, Ore. (around $100K) are the next top-paying cities. Approaching the lower end of the pay scale (at $85K) is Livermore, Calif. Pay rates in the United States are highest in the state of California, where they average to approximately $109K per year.
Years of Experience
For those with one to four years of experience, median paychecks reach about $100K annually. For those with five to nine years of experience, average earnings amount to $104K per year. The largest fraction of Lam Research Incorporated people (43 percent) have been working for 10-19 years and earn approximately $114K annually on average.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Project Management Professionals, who make around $146K per year. APICS Certification in Production and Inventory Managements with credentials can live quite comfortably; median salaries come in at $100K annually. Employees who have a Master of Science (MS), Mechanical Engineering (ME) make the most here, hauling in about $128K per year.
The highest-paying skill to have may be Test Engineering; employees who claim proficiency also report a higher average salary of $127K annually. It's pretty common to find people here who know Project Management; just over a fifth consider it a key competency. Microsoft Excel, Microsoft Office, and Engineering Design round out the set of key employee skills.
Men make up the majority of employees who took the survey in a male-to-female ratio of more than 3 to 1.
Benefits and Perks
The vast majority of survey participants report contributing to a 401(k). Nearly all employees report having health insurance, and most respondents report having dental coverage. Perks also include a stock purchase plan, a subsidized cell phone, tuition reimbursement, stock options, and gym membership.