Microchip Technology Asic Design Verification Engineer Salaries by 3 Employees (Updated 2025)

1 - 4 years exp.

₹7.8 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

22% more than the average Asic Design Verification Engineer Salary in Semiconductors Companies for 1 - 4 years of experience

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Last Updated: 2 Jan 2025

Companies similar to Microchip Technology for Asic Design Verification Engineer

Company name	Avg Annual Salary	Open Jobs
Texas Instruments Asic Design Verification Engineer Salary 0 - 4 years exp. (5 salaries)	₹15.5 L/yr - ₹20.6 L/yr 38% more
NXP Semiconductors Asic Design Verification Engineer Salary 4 - 5 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 14% more
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Synopsys Asic Design Verification Engineer Salary 0 - 4 years exp. (13 salaries)	₹12 L/yr - ₹24 L/yr 41% more
Intel Asic Design Verification Engineer Salary 0 - 12 years exp. (8 salaries)	₹18.1 L/yr - ₹70 L/yr 218% more
Qualcomm Asic Design Verification Engineer Salary 1 - 8 years exp. (6 salaries)	₹11.3 L/yr - ₹34.5 L/yr 74% more
Micron Technology Asic Design Verification Engineer Salary 0 - 4 years exp. (7 salaries)	₹10 L/yr - ₹23 L/yr 48% more
Synapse Design Asic Design Verification Engineer Salary 2 - 3 years exp. (4 salaries)	₹3.6 L/yr - ₹17 L/yr 20% less
Advanced Micro Devices Asic Design Verification Engineer Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹14 L/yr 41% less
GLOBALFOUNDRIES Asic Design Verification Engineer Salary 1 - 3 years exp. (3 salaries)	₹10 L/yr - ₹14 L/yr 7% less

Asic Design Verification Engineer salary at Microchip Technology ranges between ₹7.8 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Microchip Technology.

Experience wise Microchip Technology Asic Design Verification Engineer salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
3 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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4 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr

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Salary related reviews for Microchip Technology

4.0

Rated by 1 employees for salary & benefits

Technician 3 Dev Lab in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 11 Dec 2024

4.0

for Salary and Benefits

Likes

One of the best semiconductor company. Here work life balance is good . whoever wants to stay long one place this is best company.

Salary - Good

+5 more

Dislikes

Similar reason had every company's . Main thing is salary and promotion these are only reason people leaves company almost.

Software Engineer II in Chennai

Engineering - Software & QA Department

5.0

• posted on 09 Apr 2021

4.0

for Salary and Benefits

Likes

The way they treat employees. They listen to their employee problem and tries to take action to extent that is possible for them

Salary - Good

+6 more

Dislikes

The compensation they provide are not aggressive. Sometimes they miss out to see that a senior employee is getting less then someone who knows less but gets a higher compensation.

Principal Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 16 May 2024

3.0

for Salary and Benefits

Likes

Job security Work life balance

Job security - Excellent

+2 more

Dislikes

Company culture is not good Always in downcycle, Pay cuts are becoming norm. Caters to low cost markets No cutting edge products Misses on industry trends (like AI) More focus on cutting costs rather than increasing revenue No WFH policy (HR tracks this) Salaries are on lower side compared to industry Poor hikes and promotion Most of the employees come here for retirement and chill life

Company culture - Poor

L2 Engineer in Bangalore / Bengaluru

Full Time

Quality Assurance Department

2.0

• posted on 06 Jul 2023

1.0

for Salary and Benefits

Likes

Company policy is good specifically health policy

Job security - Good

Dislikes

-Time management is poor - My manager is highly un professional -lots of meetings which is not adding any value - No apraisal on time -Micromanagement in my team although im working more than 12 hours a day. -meeting start 7:00 pm and it went till 11pm daily -There is no work life balance -Inshort not a good experience

Salary - Bad

+4 more

Senior Test Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Hardware & Networks Department

3.0

• posted on 18 Jul 2023

3.0

for Salary and Benefits

Likes

Work culture is good

Company culture - Good

+1 more

Dislikes

If they want to fire employee then they will show small shit reason and they will fire the employee. For outside world they will show that they didn't fire any employee but inside firing happen in this manner.

Job security - Poor

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Microchip Technology Asic Design Verification Engineer Salary FAQs

What is the notice period for Asic Design Verification Engineer at Microchip Technology?

According to AmbitionBox, 100% of the Microchip Technology Asic Design Verification Engineers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Microchip Technology Asic Design Verification Engineer Salaries

Microchip Technology Asic Design Verification Engineer salary in India ranges between ₹7.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Microchip Technology latest salaries received from various employees of Microchip Technology.