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Good Company but Not Perfect

Engineering Technician II
Current Employee
Has worked at Applied Materials for 2 years
August 5, 2023
Kalispell, Montana
4.0
RecommendsPositive OutlookApproves of CEO
Pros

Amazing benefits such as life insurance, short and long-term disability, 401k match, stock discounts, and generous PTO and sick time (two separate balances of hours to use).

If you like cutting-edge technology, it's interesting to learn about how microprocessors are built.

Cons

Promotion opportunities are infrequent. Once you're in the company, they only give you a 2% annual raise. You can promote "tiers" or "ranks" for a larger raise, but they try to stifle financial growth as much as possible, making job hopping seem a better option than company loyalty. I've seen people with less industry experience hired in at nearly 40% higher pay than someone who stuck with the company and tried to promote from within.

Advice to Management

Sixty percent of your workforce is retiring in the next 10 years, and you don't pay enough for the new generation to afford to live in the places where you offer jobs. Business is going to implode unless you pay your new recruits enough to live in the cities where you have your work. No one is going to do a four-hour daily commute for a job, no matter how "prestigious" it is.

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