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Benefits

Applied Materials offers a wide range of comprehensive benefit programs to its employees. In most locations, employees may choose among:

Wellness

Applied Materials is committed to creating a culture of health and shared accountability to help our employees improve their overall wellbeing. It’s not just about exercising and eating right, AMP – which stands for Applied Materials Passion, People, Power, Performance -- is about achieving a healthy energy and balance in all aspects of life – physical, financial, work-life and social. Applied Materials provides our employees and their dependents with a variety of tools and resources to support success. AMP programs and services aim to empower people to focus on, effectively manage, and take control of their overall wellbeing. To learn more about programs and resources available under AMP visit: http://amp-wellness.com/

Eligibility

All Applied Materials employees worldwide are eligible to participate in Applied Wellness Programs. Programs are voluntary and are either free or offered at a nominal cost.

Programs

Applied Wellness offers programs and services that foster optimal employee health and productivity. Core programs focus on the following areas:

Health Appraisals:

Applied Materials offers the following resources to help employees manage their health and evaluate current health status.

  • Comprehensive on-site screenings
  • Online, confidential Health Risk Assessments (HRA)
  • On-site blood pressure machines
  • Health risk management program

Physical Activity and Fitness:

Applied offers the following opportunities for employees to be active:

  • On-site Fitness Centers (in some locations) and health club discounts
  • Recreational facilities and equipment (not available at all locations)
  • Online personal fitness program
  • Fitness Center Reimbursement Program (certain sites)

Stress Management and Work–Life Balance:

The ability to manage stress and effectively balance work and family life can improve health and productivity. Applied offers the following programs to help its employees lead balanced lives and meet the challenges of a dynamic high-tech world:

  • Employee assistance program (EAP)
  • On-site massage therapy (not available at all locations)
  • Quiet/Lactation rooms (not available at all locations)
  • Online employee discount shopping program

Health and Family Care

Applied Materials offers employees various health and family care benefits. In most locations, employees may choose among:

Health Insurance

Applied Materials offers employees and their eligible dependents health insurance designed to meet individual health care needs and preferences. Each medical plan option provides preventative care benefits and coverage for major medical expenses. Medical plan choices include:

  • Health Connect Plan, a high deductible health plan with a Health Savings Account (HSA)
  • Preferred Provider Organization (PPO)
  • Health Maintenance Organization (limited locations)

Two choices of dental plans are offered: a Comprehensive and a Standard Dental PPO. Both products cover preventive, basic, restorative and major care.

A vision plan covering an annual exam, lenses and frames.

Income Protection and Survivor Benefits

If employees become ill or injured and are unable to work, the Applied Materials benefits plan offers financial protection through the following programs:

  • Short and long term disability coverage
  • Company paid life and accident coverage
  • Optional life and accident coverage
  • Business travel accident insurance

Spending Accounts

Employees who pay for day care or have out-of-pocket health care expenses can save money by using Spending Accounts.

Time Off

Applied Materials understands the importance of taking time off to attend to personal needs—whether employees are ill, want some time from work to purse personal interests, or need to care for an ill family member. The Company offers the following:

  • Paid Time Off
  • Paid Holidays

Financial

Applied Materials offers employees a number of financial benefits.

In most locations, employees may choose among:

Retirement Savings and Investment Programs

Applied Materials offers two programs that can help employees save and invest for the future:

  • Applied Materials' Retirement Savings Plan (401k)
  • Employees' Stock Purchase Plan (ESPP)

Stock Programs

Applied Materials provides an opportunity for most employees to participate in the Global Stock Award Program and the Employees' Stock Purchase Plan. These programs link employees' financial success with the Company's success by providing the opportunity for employees to increase the value of their compensation package when the Company's stock price increases.

Global Stock Award Program

  • Stock awards for eligible employees upon hire
  • Annual stock award grants

Employees' Stock Purchase Plan

  • Purchase stock every 6 months at a minimum discount of 15% - over 5 years since 2002, employees have purchased stock at an average discount of 22.62%
  • Employees can contribute up to 10% of their base pay, up to a maximum of $6,500 per purchase period

Additional Benefits

Applied Materials sponsors several other benefits programs designed to help employees live healthy, creative and productive lives:

  • Credit Union Membership
  • Employee Referral Bonus
  • Service Awards
  • Tuition Reimbursement

Learning and Development

Applied Materials seeks to support every employee with an opportunity to continuously learn and grow professionally. The mission of Applied Global University (AGU) is to provide learning and development solutions to build individual, team and organizational competence in support of Applied’s business priorities.

AGU specializes in leveraging learning as a strategy for advancing the organization in ways that will drive business success. Through learning we, as individuals and an organization, have the ability to target and invest in developing critical capabilities that will make a difference for today’s business and the business of the future.

Applied Global University’s centers of expertise, called Learning Centers, are responsible for designing and developing learning programs in areas of professional, functional or technical significance to Applied Materials.

AGU Learning Centers

Employee Development
Provides professional development opportunities for all employees, in content areas which span across most job families.

Engineering and Technology
Provides learning programs aligned to Applied Materials’ products, processes and technologies.

Environmental Health and Safety
Provides a curriculum to ensure Environmental Health and Safety compliance.

Finance
Delivers content that develops and strengthens the finance and accounting skills of all employees.

Global New Hire
Assists in developing and deploying global New Hire and onboarding processes, products and services that support employee orientation and assimilation into the company.

Human Resources
Enables Global Human Resources employees to become the most innovative, capable and flexible in the industry.

Leadership Development
Provides development opportunities to build world-class leaders at all levels who will guide the future growth of the Company.

Manufacturing and Supply Chain
Provides educational opportunities for all Global Operations employees in content areas which span across most job families.

Quality and Reliability
Provides programs to enhance employees’ competencies and capabilities in the quality and reliability sciences as well as the management of quality.

Sales and Marketing
Partners with regional and product business units to jointly develop curriculum and tools to enable world-class leadership in sales and marketing.

Wellness
Enhances employee and company health, well-being and productivity.

AGU Services

Corporate Library
A knowledge resource center that provides all employees access to industry related news, electronic journals, standards, databases and other information sources.

Learning Technologies
An award-winning media development organization dedicated to developing technology enabled learning solutions for all AGU learning centers and all Applied employees.

Academic Partnerships
AGU partners with academic universities such as Harvard Business School, Cornell University, Stanford University and Santa Clara University to bring professional resources to Applied Materials employees.