- Compared to their direct competitors (such as TI and ADI), *Meritocracy at Microchip Prevails*. Managers riding the stock are often not serious about doing extra work and seeing the company succeed. Few goals. This is frustrating for motivated employees.
- Salary very low for industry. I cannot overstate that. Other semiconductor companies often have 50% higher base compensation. This is ironic considering the CEO is one of the highest paid in the semiconductor industry. From published data easily found on the internet.: "As CEO, President and Chairman of the Board, Director at MICROCHIP TECHNOLOGY INC, Steve Sanghi made $10,760,942 in 2016". I believe good CEOs should be paid well, but is he worth $30,000 EVERY DAY. (do the math).
note: after joining, employees are encouraged to write a (good) review on Glassdoor. This is not appropriate. I choose to write my own, from my home PC, so others could benefit from an unbiased review.
