Lam Research Benefits
- United States
- United Kingdom
- South Korea
- All Employees
- Part Time
- Full Time
We expect a lot from our Atom Engineers, but we provide a lot in return. Our Total Rewards program includes competitive pay, medical and dental insurance packages, and a host of supplemental benefits like educational assistance, adoption assistance, wellness programs, and charitable matching contributions.
Life as an Atom Engineer is full of incredible opportunities, challenges, and rewards. Find out how our remarkable company culture inspires people to be their best.
Which benefits does Lam Research provide?
Current and former employees report that Lam Research provides the following benefits. It may not be complete.
Insurance, Health & Wellness
Employee Benefit Reviews
Showing 1–10 of 280 comments
- Health Insurance(81 comments)
‘It's very good coverage but a little expensive’
- Vacation & Paid Time Off(37 comments)
‘we did not get time off as interns’
- 401K Plan(27 comments)
‘good retirement plans available with good matching’
Lots of benefits, including bonuses and rsus
Useful and comprehensive benefits package
Very good benefits package for full time employees
i was an intern so no benefits were given
What people are saying about Lam Research
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education support is very good
Vision insurance was good but they changed it
It’s a great company to work for!
Stock plan vesting yearly for 3 years
-401k -Dental -Vision -$500 life/fitness reimbursement -Limited funds for schooling
401k matching is pretty average (50% match up to 6% of your salary). Below director level PTO is also pretty average at around 15-20 days a year, but in good years you have to use around 6 days of your PTO for a company-wide shutdown in the winter. In rough years (like 2023), newer employees will probably be hit with so many forced shutdown days that they have to go negative on their PTO usage and dig themselves out over the following years. Directors and up have unlimited PTO (which comes with its own pros and cons). But it's not all mediocre. The medical insurance is well-priced and there are some other options like legal "insurance" that can be handy. One important caveat: During the pandemic Lam instituted widespread remote work. But there was recently a re-tightening on that, and the writing is starting to appear on the wall that there may be more to come. My impression is that Senior Management is old school to the point of being detrimental, and they're moving in a direction that's going to disenfranchise high-performing current employees and deter high-performing potential employees.