The highest paychecks go to Staff Engineers, who earn an average about $126K per year, closely trailed by Electrical Engineers ($118K), Supply Chain Managers ($111K), and Product Engineers ($110K). Manufacturing Production Planners are among the lowest paid at a median salary of approximately $73K.
When it comes to location, the highest average paycheck (around $120K annually) can be spotted in San Jose, Calif.; Portland, Ore. (approximately $102K), the company's headquarter city of Fremont, Calif. ($101K), and Tualatin, Ore. (around $100K) are the next top-paying cities. Approaching the lower end of the pay scale (at $85K) is Livermore, Calif. Across its U.S. offices, the state of California pays Lam Research Incorporated the most — about $106K per year on average.
Years of Experience
For those with one to four years of experience, median paychecks reach $96K annually. Respondents who have been working for five to nine years make around $104K per year on average. When we consider tenure, a substantial portion of employees (47 percent) have been working for 10-19 years and make approximately $112K annually on average.
Certifications and Degrees
Project Management Professionals have significantly higher pay than non-accredited workers at $146K per year. Acquiring certification to be a APICS Certification in Production and Inventory Management is rewarded with median pay of $100K annually. At Lam Research Incorporated, employees who hold a Master of Science (MS), Mechanical Engineering (ME) receive the highest salaries at about $120K.
When it comes to skills, Product Development seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $125K per year. Folks here also tend to know Project Management; on the survey, approximately one in five of workers named it in their skills portfolios. Employees also tend to know Microsoft Excel, Microsoft Office, and Data Analysis.
Employees who completed the survey skew strongly male, with a male-to-female ratio of more than 3 to 1.
Benefits and Perks
For employees looking to save up for their golden years, Lam Research Incorporated provides an optional 401(k) plan, and most workers participate. For nearly all workers, benefits include health insurance, and a large number of respondents get dental coverage, too. Lam Research Incorporated also dishes out privileges such as a stock purchase plan, a subsidized cell phone, tuition reimbursement, stock options, and life insurance.