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Microchip Technology

Engaged Employer

Good company, below average compensation. - Design Engineer Microchip Technology Employee Review

3.0
May 17, 2018
Recommend
CEO approval
Business Outlook

Pros

Good work-life balance. Good atmosphere. Good management/leadership. Lots of experienced engineers that are willing to take their time and help/teach you. Stable company with good corporate structure. Very transparent leadership. Interesting projects and learning opportunities for new engineers.

Cons

Compensation. While the quarterly bonuses and 401k matching are a nice extra, they do not offset the below average base salary. Likewise, the RSUs are a very good package, but they do not translate to cash immediately and you have to work years to accumulate a decent number but this does offset the low base salary. Being an engineer in the NY site but being paid the same salary as the engineers in the AZ site is not fair because the cost of living in NY is significantly higher which makes it very difficult to get by with the low base salary. Likewise, raises dont seem to be very popular and are the bare minimum if given.

Explore other reviews about Microchip Technology

5.0
Jun 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Relaxed but responsible atmosphere, great people

Cons

A little behind the times in terms of tooling.

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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