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Microchip Technology

Engaged Employer

Microchip Technology reviews

3.6

69% would recommend to a friend

(681 total reviews)

Steve Sanghi

80% approve of CEO

52% positive business outlook

Reviews by job title

681 reviews

Reviews about "Compensation"

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3.0
May 17, 2021

Just OK

Recommend
CEO approval
Business Outlook

Pros

The number 1 pro is stability. Good work/life balance and management does allow flexibility to a certain degree, employees are friendly and helpful, health plan is okay, management acknowledges employees and their efforts. The company is filled with long-term employees (10+ years) which says a lot about a company.

Cons

Pay is so low it could be considered insulting, management tries to compensate for such low salaries with the stock program but IMO it's not enough of an incentive to attract or keep new employees. Also, there's NO room for growth, no career paths whatsoever. Long-term employees are there because they are heavily invested in their company stock plan or just so use to working there, and they have been in their positions FOREVER. Management is very cheap and sometimes short-sighted in this regard. The HQ office space is dismal and the company does not make an effort to keep up with technology.

4.0
May 16, 2021
Recommend
CEO approval
Business Outlook

Pros

Rather than at people off during economic downturns, everyone takes a temporary pay cut that is usually paid back in future RSUs. Highly unlikely to ever be laid off. Pretty good management.

Cons

Lower salaries Lower bonuses Possibly uneven experience depending on where which division you work for.

2.0
May 12, 2021

Low Compensation

Recommend
CEO approval
Business Outlook

Pros

Work Life Balance, Good colleagues

Cons

Low Compensation. Old technology for internal process products. Less raise

Viewing 415 - 417 of 681 Reviews

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