Microchip Technology reviews

- Compared to their direct competitors (such as TI and ADI), *Meritocracy at Microchip Prevails*. Managers riding the stock are often not serious about doing extra work and seeing the company succeed. Few goals. This is frustrating for motivated employees. - Salary very low for industry. I cannot overstate that. Other semiconductor companies often have 50% higher base compensation. This is ironic considering the CEO is one of the highest paid in the semiconductor industry. From published data easily found on the internet.: "As CEO, President and Chairman of the Board, Director at MICROCHIP TECHNOLOGY INC, Steve Sanghi made $10,760,942 in 2016". I believe good CEOs should be paid well, but is he worth $30,000 EVERY DAY. (do the math). note: after joining, employees are encouraged to write a (good) review on Glassdoor. This is not appropriate. I choose to write my own, from my home PC, so others could benefit from an unbiased review.

Low base pay, company makes it seem like you are getting great pay by giving you stock grants, but they are always vested in 4 years, so you will always lose 4 years worth of stock grants when you leave (even in retirement). Very lean culture when it comes to everything. Makes some of the equipment old and run down. Hard to get the things you need at times.