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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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2.0
Jun 10, 2017
Recommend
CEO approval
Business Outlook

Pros

3 days and 4 days off

Cons

Pay is lacking, new employees get treated as scapegoats by older employees leading to them walking out/quitting (been there 3 months and every week a new person quits or walks out). Negative attitude atmosphere. 50. cent raise every 3 years. Long days off but you sleep them away for the most part leading to essentially the same as a non-compressed shift. days you work you literally sleep then go to work- not much wind down time after work. Wearing a hot and itchy smock for 10 hours. Supervisors want you to find your own work coverage even 3 months in advance.

4.0
Jun 8, 2017
Recommend
CEO approval
Business Outlook

Pros

The work culture is great. People are genuinely nice and always willing to help! Work-Life balance is great, people generally get to work at 8-9AM and leave by 5PM, almost rarely working from home (this of course depends on your role) Stock Purchase Program is amazing, especially when the stock performs great. On a good year, you can make over 10% of your salary if you enroll in the programs. Additionally, employees are paid with RSU's, although the amount is fairly minimal. Regardless of the cons I mention below, my experience in the company was overall really good. I knew going in that I wouldn't make as much as I would at another company, but I picked the position because it was exactly what I wanted to work on, and the experience I gained was invaluable.

Cons

Microchip really lives up to their Microcheap name. They underpay their employees if you compare the salaries to the nearest competitors. They don't spend much on their employees when it comes to training/improvement, or even to physical things like top-of-the-line PC's and accessories to work with. Lack of room for growth, as well as a lack of cool projects due to Microchip being a second-to-market type company. R&D spending is at a minimum, so you usually work on devices that already exist in the market (Microchip just tries to make their own version). Many times, things move so slowly, that by the time these products are released, they're outdated. On many occasions, I noticed that even if things are done inefficiently or ineffectively, they're very difficult to change. People/departments are not responsive to feedback, and even if they are, things progress quite slowly.

4.0
Jun 3, 2017
Recommend
CEO approval
Business Outlook

Pros

It is a relaxed team environment where people help each other. Career wise, it is a stable company to work for and as long as you do your job at a minimum you don't have to be worried about getting fired. Continous improvement is encouraged but not pushed upon you.

Cons

The biggest con for the company seems to be the base salary and the speed with which promotions and raises come. There's a minimum years experience for promotions and raises which destroys motivation to learn skills quickly.

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