Pay's Okay, Benefits Are Solid
Applied Materials has pretty good benefits, especially health insurance and 401k. The base pay, though, could be better for the area.
For a Process Engineer, the health insurance is really good here. They have a decent 401k match too, which helps in the semiconductor industry. It's solid for onsite employees.
Base salary felt a bit low, especially living in Santa Clara, CA. Stock options vest pretty slowly, so you don't feel the full value for a while. It's not top-tier big tech compensation.
Re-evaluate base salaries for engineers in high-cost-of-living areas. Speed up stock vesting for better retention.