Microchip Technology Compensation Employee Reviews | Comparably
Microchip Technology Claimed Company
Microchip Technology develops and manufactures semiconductor products for various embedded control applications worldwide. read more
EMPLOYEE
PARTICIPANTS
143
TOTAL
RATINGS
1385
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Microchip Technology Compensation Employee Reviews

What is the best part about your compensation package?

Quarterly salary review program and Employee stock purchase plan.

RSU, stock purchase and quarterly bonuses

Fixed component and bonus are good

I receive both cash and stock. The bonus plan is fairly administered and is based on profits.

good balance of the compensation

I’m happy to accept the off

Stock units are provided, health insurance

Review from Engineering Dept

total compensation structure. Fair salary and good bonus and equity numbers

I think it's great that Microchip offers stock options

Vacation/flex time and free food

Growing company that provides stock to all employees

Complete benefits. Unlike other semicon companies which are not that complete.

Review from Engineering Dept

Very generous stock grants and bonus plan

RSU's and ESPP. Microchip has done very well as a company over the last few years and I've made a lot of money on the stock.

Review from Engineering Dept

Evergreen shares are very good.

Health benefits and ESPP stock aquisitions.

Review from Operations Dept

Quarterly bonuses. But it would be good if they are actually paid out every quarter and not delayed

Review from Engineering Dept

Why do you feel undervalued and what would make you feel better about your compensation?

Compensation is not matching with industry standard.

I can elsewhere and make more just starting out. I believe the newest employees hired are making more than ones who have been there for years are making

getting paid as much as other co pay

Review from Engineering Dept

MCHP makes a point of paying the absolute minimum. Most people only stick around long enough to realize they will never get a raise.

Review from Engineering Dept

Review Sentiment at Microchip Technology

82
82%
18
18%

About Microchip Technology's Compensation

C
61/100

Where This Score Ranks Microchip Technology's Compensation

BOTTOM
40%

In the Bottom 40% of 1310 similar size companies on Comparably

BOTTOM
40%

In the Bottom 40% of companies in Chandler, AZ

5th

5th place versus 4 competitors rated on Comparably

70 employees at Microchip Technology score their wages and compensation a C on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 51% say Yes. The Marketing department is the most satisfied with their compensation, ranking it 100/100, a full 42 pts above the Engineering department. If you want detailed data about Microchip Technology's wages, see the <a href="https://www.comparably.com/companies/microchip-technology/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - Marketing
    +39%
  • Experience - 3 to 6 Years
    +13%
  • Gender - Female
    +11%

Rate Compensation the Lowest

  • Experience - 6 to 10 Years
    -26%
  • Tenure - 2 to 5 Years
    -15%
  • Ethnicity - Caucasian
    -4%

How Microchip Technology's Compensation Score is Calculated

FILTER RATINGS BY

Results from 70 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes51%
No49%
Do you believe you're paid fairly?
AnswerPercent
Yes66%
No34%
Are you satisfied with your Benefits?
AnswerPercent
Yes50%
No50%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year0%
Every 2 years50%
Every 3 years or more25%
Never25%
How often do you get a raise?
×
Rate your company