Microchip Technology Engineeer reviews

Poor management is very bad

Work load doubles every year due to bigger and more desperate acquisitions, CEO gives himself and his two friends brought over from Intel tens of millions of dollars every year while telling everybody else to "lose the entitlement mentality", never expect any pay raise and just be grateful to have jobs. And this at a time when Microchip has record financial results. The CEO has an automatic 8% annual pay increase in his employment contract. He gave himself 12% this year and another $10 million "leadership bonus". He is also receiving more than $1.5 million every quarter in dividend payments. He is a billionaire or close to being one but he doesn't give anything to the ordinary employees. Look at the job postings. They are offering 20% less than anybody else for a given engineering position. Work conditions are worse than at any acquired site.