Hardware IndustryJul 19, 2022
BizLink umtt44

Lam Research Program / project manager 2 offer evaluation

Hi folks, I received an offer from Lam Research for PM role in Fremont CA: Base Pay:$84K New hire RSU’s over x years:$15000 (didn’t mention the year) Annual Bonus Target: 10% Sign on Bonus: didn’t mention yet YOE: 2 yrs in related projects Please help to evaluate the offer. I need to talk to them tomorrow to negotiate the numbers. Any help/insights would be appreciated. #semiconductor #lamresearchcompensation #compensation #lamresearch #bayarea

BizLink umtt44 OP Jul 19, 2022

BTW, I have 2 master’s degree

Google M1MaxMacs Jul 19, 2022

Seems about right for a level 2, though you could probably bump the base to like 90k. why don't you go for level 3? 2 is really entry level. Like new grads straight out of school start at 2.

BizLink umtt44 OP Jul 19, 2022

Thank you for your advice! Actually they reached out to me for this role, and they didn’t mention the level, I just found it on LinkedIn.

Micron yoloTWTR Jul 20, 2022

84k base in Cal. that's almost poverty level

BizLink umtt44 OP Jul 20, 2022

I know right … (sad)

Google M1MaxMacs Jul 20, 2022

Yeah LAM doesn't pay much. I think L3 pays like $112k base.