Microchip Technology

Employees Are Our Greatest Strength

At Microchip, these are not just words; they define our company culture and shape the day-to-day decisions we make for our global workforce. We want every employee to be able to share in the company’s goals, vision and success—not only today but also well into the future. Our comprehensive training and career development programs encourage employees to continuously learn and grow, both professionally and personally. We look for ways to offer employees the flexibility they need to balance the demands of work and life. And, our distinctive compensation culture helps us to offer stability to employees, even during tough economic times. Microchip has a proven history of taking the necessary measures to retain every employee, if possible, while other companies in our industry were significantly reducing their headcounts. In the past, this has involved members of our director-level staff and above taking voluntary pay cuts to reduce costs. A significant percentage of employees also volunteered to join in and were rewarded with stock grants and extra quarterly cash bonuses when business conditions improved, recovering their original contribution multiple times over.

This key value is even reflected in the way we arrange our organizational charts. Each one has been flipped upside down as shown in the image below. As CEO Steve Sanghi says, "I do this to show that I work for our employees." Microchip recognizes that it is at the employee level where essential work gets done and important decisions are made every day. Our unique business strategy emphasizes employee empowerment, proving how strongly we believe that employees are our greatest strength.

Guiding Values

Microchip’s positive, progressive company culture is not accidental. It was consciously designed by the company’s founders to enable all employees to understand and practice a common set of Guiding Values. Employees are encouraged to apply these values as they work in unison to achieve the company’s goals of quality, profits and technological advancement. To help identify areas that might need attention, a Guiding Values Survey is completed annually by Microchip’s employees worldwide. Over the last 20 years, Microchip has maintained excellent scores, as illustrated in the chart below.

As a Microchip employee, you will be part of a winning team. Microchip is one of the top performing semiconductor companies in the world serving thousands of customers around the world due to our well-executed strategies, strong technology and product portfolio, unique company culture and professional ethics. 

Competitive Global Compensation and Benefits

We believe our employees are essential to our ongoing success, so our global compensation and benefits programs have been designed to reflect this value. We offer competitive, comprehensive benefits packages to our employees around the world. While the specific details may vary according to country or region, here is a general overview of the compensation and benefits programs that will be offered to you when you join Microchip. 

Shared Profit and Ownership

At Microchip, every employee participates in and is essential to the company’s short- and long-term success. We believe that employees experience more fulfillment and enthusiasm when the company’s profit and ownership are shared. Therefore, it only makes sense that the compensation package for every employee includes a bonus plan based upon Microchip’s financial success. In addition, each and every employee becomes an owner of Microchip through our stock programs. We also offer programs to recognize and reward employees for their innovative contributions.

Health and Welfare

When you and your family are healthy and happy, you have more energy and focus to develop your career and enjoy your work at Microchip. With this in mind, we have designed our benefit packages to offer a range of options for maintaining your physical and mental wellness. Your Human Resources representative will be happy to provide you with the specific details on the benefits offered in your location.

Training Opportunities

We want to inspire you to pursue a path of lifelong learning. While this will help drive Microchip’s success, ultimately you will benefit the most from the many opportunities we provide to help you thrive in your personal career growth. We offer a variety of options to help you continually improve your job skills and knowledge through both technical and non-technical classes. We make training available to all employees, even those in remote locations. Our team of skilled on-site trainers provides instruction in classroom and virtual classroom settings, where you can ask questions, participate in group activities and practice your newly-learned skills. If you prefer to learn at your own pace and at a time that is convenient to you, we also offer a number of classes through our online e-Learning system. We also support special job-related education that is available from external speakers, industry conferences and training events, as well as from accredited academic institutions.

Reaching Out to Others

Giving back to the communities where we work, live and play is an integral part of our culture here at Microchip. Around the world, our employees demonstrate their passion for supporting each other, their neighborhoods, their local universities and schools, and those that are less fortunate by assisting a wide range of charitable organizations. The needs are varied, and so is our response, but our main goal is to reach out to others in constructive and tangible ways. Here are just some of the ways we do this:

United Way

Through our support of the United Way’s nearly 500 results-driven programs, we can make a vital impact on those in need throughout our communities.

FIRST

FIRST (For Inspiration and Recognition of Science and Technology) is a multi-national, non-profit organization which aspires to transform culture by making science, math, engineering, and technology fun for kids. We are pleased to contribute to FIRST to help develop future leaders in these essential disciplines. 

Academic Program

Demonstrating our on-going commitment to education, our Academic Program offers unique benefits and resources for educators, researchers and students worldwide. We partner with academia so that our technology and products can help the engineers of tomorrow drive future innovations in embedded applications.

Microchip Technology Charitable Foundation

The Microchip Technology Charitable Foundation supports many agencies of need by initiating company charity drives. We provide assistance to many organizations in the form of cash donations every year, reserving some of our charitable budget to match employee donations to qualified charities. Our offices around the world also work with various organizations that benefit local communities in their regions.