Mechanical Engineer 5 (E5) offer at Lam Research
Expecting an offer shortly with these numbers for E5 Mechanical Engineer role at Lam Research, Fremont CA. How does it look? Am I getting low-balled? Could anyone here at the same level share what they're currently making? Base: 160k Joining Bonus: 15k Stock/RSU($): 60k over 3yr vesting period Annual Bonus: 15% of base w/ variable factor TC at 1.0 factor = 204k/yr + 15k one-time bonus Revised offer after negotiating: Base: 170k Joining Bonus: 15k Stock/RSU($): 70k over 3yr vesting period + unknown annual refresher(??) Annual Bonus: 15% of base w/ variable factor TC at 1.0 factor = 218k/yr + 15k one-time bonus + annual stock refresher #E5 #Mechanical #compensation #tc #lamresearch #lamresearchcompensation #salary
What's your current TC and yoe?
Current TC is deplorable! Approaching 7 yoe
I think it’s ok. MS+7yoe? If current TC deplorable this offer should be a great one. You may want to ask about refreshers to make better decision.
Yes, MS + 7yoe
Does anyone know how stock refresh works at Lam?
🤔 still wondering...
I don’t think they have refreshers.
Are you Currently E4 at amat or lam just bumped up the title? Seems the base raise is not very impressive
Why do you say that? Currently E3s
Amat E4 avg base is 145k with 20% cash bonus + 10%up stock, that's why I think the lam offer is not very impressive. However for E3s that's a quite decent one.
Congrats! Decent base, almost comparable to Apple Ict4
Did you end up taking the offer?
Yes, in the process of finalizing things...
Good citizens of #Blind, Could really use some guidance/advice on this. Need to make a call soon! TIA
All the best!