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Microchip Technology

Engaged Employer

Engineer` - Applications Engineer Microchip Technology Employee Review

3.0
Mar 18, 2017
Recommend
CEO approval
Business Outlook

Pros

Stable company, very difficult to be fired so job stability as well. Decent benefits but nothing special.

Cons

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.

Explore other reviews about Microchip Technology

5.0
May 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Good culture and work environment

Cons

Team runs lean with low staffing

1.0
Jul 8, 2026
Recommend
CEO approval
Business Outlook

Pros

The coworkers are great people and pleasant to be around. Microchips biggest strength is it does an amazing job hiring pleasant people. Work life balance can be great but differs greatly between teams/departments. Some of the managers are amazing leaders and want you to succeed.

Cons

CHEAP! So cheap. Get you to go above and beyond for years while teasing a promotion and then they never deliver. Give other people raises first because they’ve been employed there longer or are on higher visibility projects. Get screwed by politics. Save your time and work for a different company because an offer here will be a dead end. Plus Microchip pay is the worst in the industry. The running joke from within the company is when Steve Sanghi the CEO opens his wallet there are spiderwebs and moths fly out. How sad is that. If you work here long term getting underpaid for decades you will miss out on building so much wealth. Oh and don’t even look up Steve Sanghis compensation package because it will just make you mad when getting turned down for a promotion yet again because it’s not in the budget. Stopped giving yearly raises during the worst inflation period. There was a big wave of promotions for VPs/C suite while my base salary is exactly the same as it was 3 years ago.

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