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Microchip Technology

Engaged Employer

Microchip Technology reviews

3.6

69% would recommend to a friend

(683 total reviews)

Steve Sanghi

80% approve of CEO

52% positive business outlook

Reviews by job title

683 reviews

Reviews about "Compensation"

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5.0
Sep 7, 2017
Recommend
CEO approval
Business Outlook

Pros

Microchip business success over 100+ profitable quarters is shared with all employees through stock and bonuses. It's a great place to work where your individual contributions matter. Training is considered essential and leaders are grown from within. Our CEO promotes communication at all levels and updates us quarterly on how the company is doing and how we can contribute.

Cons

Our growth through acquisition has challenged employees to adapt to lots of changes in responsibilities and organizational structures. Even though it's challenging is a great problem to have

1.0
Sep 6, 2017

Third world sweatshop

Recommend
CEO approval
Business Outlook

Pros

It's a job. Pays the bills.

Cons

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.

Viewing 565 - 567 of 683 Reviews

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