Time Off Benefits

Lam employees work hard, but it’s just as important sometimes to unplug. Lam provides the following opportunities for U.S. employees who work 20 or more hours per week to relax and recharge or take care of personal or family business.

Holidays and Shutdown Periods

Lam provides a number of paid holidays each year. In addition, depending on the needs of the business, the company may schedule unpaid shutdown periods during the year.

View the 2019 U.S Holiday and Shutdown Calendar [PDF].
View the 2020 U.S Holiday and Shutdown Calendar [PDF].

Paid Time Off

  • For salaried employees, PTO hours are used for planned days off from work that are approved in advance by your manager.
  • For hourly nonexempt employees, PTO is for any time away from work (excluding extended illness and holidays observed by Lam Research).

Your PTO accrual is based on the length of your service at Lam and incorporates the requirements of paid sick leave benefits as mandated by applicable state laws. The following table shows PTO accruals by pay period.

Active Full-Time1 Employee PTO Accrual, Effective Through December 2019

Your Months of Service PTO Hours You Earn Each Pay Period2 Maximum Accrual Balance
0 through 48 months 4.615 hours 320 hours
49 through 119 months 6.154 hours 320 hours
120 through 179 months 7.692 hours 320 hours
180+ months 9.231 hours 320 hours

1 Employees working between 20 and 32 hours per week accrue at two-thirds the rates above.
2 Accrual does not apply to employees at the director level and above.

Active Full-Time1 Employee PTO Accrual, Effective Beginning January 2020

Beginning in January 2020, the maximum PTO accrual will be 260 hours, as shown in the following table. You will not lose any accrued PTO, even if your balance is more than 260 hours in January 2020; however, you will not earn additional PTO until your PTO balance is again below 260 hours.

Your Months of Service PTO Hours You Earn Each Pay Period2 Maximum Accrual Balance
0 through 48 months 4.615 hours 260 hours
49 through 119 months 6.154 hours 260 hours
120 through 179 months 7.692 hours 260 hours
180+ months 9.231 hours 260 hours

1 Employees working between 20 and 32 hours per week accrue at two-thirds the rates above.
2 Accrual does not apply to employees at the director level and above.

Take Your Time

It’s important to take time away from work to rest or take care of things that matter to you. Don’t wait until you’ve maxed out your PTO balance before you schedule a break.

Other Time Off

Sick Leave

Exempt employees are not required to use PTO for sick leave and should not report partial days off.

Nonexempt hourly employees are required to record all time off and to draw down their PTO balance for sick leave. Your PTO accrual incorporates the requirements of paid sick leave benefits as mandated by applicable state laws.

If state law provides greater or different sick leave benefits, Lam will comply with all requirements. States with applicable paid-sick-leave laws include California, Massachusetts, and Oregon.

Bereavement

Lam provides up to five days paid time off for absences related to the death of a family member or a close family friend. Alternatively, the time off can be taken to be with that person before they pass away.

Family members include your spouse, domestic partner, child, domestic partner’s child, step-child, foster child, parent, step-parent, parent-in-law, sibling, step-sibling, brother-in-law, sister-in-law, grandparent, grandchild, uncle, aunt, and cousin.

A close family friend is a person important to you with whom you have a strong connection, such as someone who has spent significant time with you or provided support to you and your family.

With supervisor approval, you may take up to one day off with pay to attend the funeral of a relative not listed above, a former spouse, or a nonfamily member.

Jury Duty

Full-time and part-time employees are eligible for up to four weeks of pay per year while on jury duty, paid at your regular pay rate and scheduled hours. In states with greater jury duty pay requirements, Lam will comply with applicable laws. You may keep any jury duty pay the court provides.

It is not Lam’s intent to have employees committed to both jury duty and work when the combination of the two will exceed a normal 40-hour week or create a seven-day work week, except in periods of critical need. If you work a swing or graveyard schedule, you will generally not be required to work your scheduled shift if you have jury duty during the day. You should phone your supervisor when excused from jury duty to determine when you should report to work.

School and Day Care Activity

You may take off up to 40 hours during each school year to participate in your child’s school programs.

Voting

Lam encourages employees to vote in official elections. As needed, you may take time off at the beginning or end of your work shift to have sufficient time to vote.

Catastrophic Leave

Paid time off may be provided when an earthquake, storm, fire, flood, civil unrest, or similar situation occurs at the company’s facilities and requires closure of a Lam building.

LightbulbWhat You Need to Know

  • You may use PTO to receive pay during an unpaid company shutdown.
  • You may request an advance of unearned PTO, up to 40 hours.
  • Your current PTO balance is listed on your paycheck. View your paycheck in the Payroll WorkCenter portal.
  • Consistent with the intent that PTO should be used to allow employees to take time away from work, Lam does not allow you to cash out your accrued PTO, except in cases of severe personal hardship (i.e., an unforeseeable emergency beyond your control when other financial resources have been exhausted).

ClipboardWhat You Need to Do

  • For planned time away, notify your supervisor as far in advance as possible to assist in work planning for your team.
  • For unplanned absences, notify your supervisor as soon as possible.
  • Record your PTO time in your timekeeping system (Kronos or SAP CATS) when you use it.
  • While it is not required, you are encouraged to use your PTO to relax and recharge or take care of personal or family business. When you reach the maximum PTO accrual, you will not earn additional PTO until your PTO balance is again below the maximum.

BookWhere to Learn More

For details, see the Time Off Practice.