When it comes to location, the highest average paycheck (around $135K per year) can be spotted in San Jose, Calif.; the company's headquarter city of Fremont, Calif. (approximately $106K), Portland, Ore. (about $94K), and Tualatin, Ore. ($87K) are the next top-paying cities. Across Lam Research Incorporated's U.S. offices, employees in the state of California earn the most, taking home $108K annually.
Earning $118K per year on average, Senior Product Engineers receive the most money, followed by Product Engineers (approximately $110K), Process Engineer, Semiconductors ($106K), and Process Engineers ($105K). Near the bottom at Lam Research Incorporated are Mechanical Engineers, pulling in an average of just $87K.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to around $99K annually. The largest fraction of Lam Research Incorporated people (37 percent) have been working for one to four years and earn about $104K per year on average.
Certifications and Degrees
Engineer in Trainings have significantly higher pay than non-accredited workers at $99K annually. Regarding salaries and education, Lam Research Incorporated pays those with a B.A. in Bachelor of Arts (BA) the most — $121K.
In this position, it pays to have Manufacturing Process Engineering in your toolkit; employees who claim proficiency enjoy a higher median salary of approximately $112K per year. Engineering Design also popped up often in the survey as an important skill; approximately one-third of employees surveyed report using it at work. Three more common skills are Product Development, Data Analysis, and Microsoft Excel.
Lam Research Incorporated's employees who answered the questionnaire are more likely to be male — the male-to-female ratio is more than 3 to 1.
Benefits and Perks
Nearly all respondents save up for retirement through a 401(k) plan. For most employees, benefits include health insurance, and most respondents get dental coverage, too. Some other advantages of working at Lam Research Incorporated are a stock purchase plan, a company cell phone, life insurance, stock options, and gym membership.