Microchip Technology Employee Reviews for Principal Engineer

"The company is basically a socialist company. There's no opportunity to set yourself apart because they use a "spread the butter" approach to compensation, which is also very, very minimal (everyone gets somewhere between 1% and 2.5% raises), and it isn't even guaranteed every year. They try to wash out the compensation through various "Evergreen" programs which basically results in allowing an extra trip to the grocery store every few months. Job growth is also seemingly impossible and they don't value the high contributors, allowing them to leave to competitors without any fight."