Third world sweatshop - werkgeversreview Engineer bij Microchip Technology

1,0
6 sep 2017
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

It's a job. Pays the bills.

Minpunten

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.

Ontdek andere reviews over Microchip Technology

5,0
6 apr 2026
Aanbevelen
Goedkeuring directeur
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Pluspunten

Good management, good development opportunities, great culture, great team

Minpunten

Low raw compensation, have to live in AZ + work in office

4,0
13 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Great company and people, insurance good, talented people

Minpunten

Outdated system, low salary and bonus

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