Microchip Technology Asic Verification Engineer Salaries by 4 Employees

0 - 2 years exp.

₹8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

22% more than the average Asic Verification Engineer Salary in Semiconductors Companies for 0 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Asic Verification Engineer Salary Fresher (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr
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Research & Development Asic Verification Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 7 Aug 2024

Companies similar to Microchip Technology for Asic Verification Engineer

Company name	Avg Annual Salary	Open Jobs
Intel Asic Verification Engineer Salary 0 - 4 years exp. (9 salaries)	₹6.6 L/yr - ₹16.7 L/yr 56% more
Qualcomm Asic Verification Engineer Salary 0 - 5 years exp. (8 salaries)	₹13.5 L/yr - ₹30 L/yr 77% more
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Synopsys Asic Verification Engineer Salary 0 - 4 years exp. (7 salaries)	₹10 L/yr - ₹26 L/yr 77% more
MediaTek India Technology Asic Verification Engineer Salary 1 - 3 years exp. (4 salaries)	₹10 L/yr - ₹24 L/yr 37% more
Cadence Design Systems Asic Verification Engineer Salary 1 - 3 years exp. (4 salaries)	₹4 L/yr - ₹24 L/yr 41% more
Texas Instruments Asic Verification Engineer Salary 0 - 4 years exp. (3 salaries)	₹16 L/yr - ₹36 L/yr 150% more
Advanced Micro Devices Asic Verification Engineer Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹17.2 L/yr 2% less
Micron Technology Asic Verification Engineer Salary 0 - 1 year exp. (3 salaries)	₹10 L/yr - ₹33 L/yr 98% more

Asic Verification Engineer salary at Microchip Technology ranges between ₹8 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Microchip Technology.

Experience wise Microchip Technology Asic Verification Engineer salaries

Last Updated: 7 Aug 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹8 L/yr - ₹11 L/yr
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2 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

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Salary related reviews for Microchip Technology

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

see more salary related reviews

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What people are saying about Microchip Technology

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a software development engineer ii

Need Advice on Job Decision I have 4.3 YOE in the storage domain [C++ on Linux]. IBM x LPA + 3L joining bonus Backend Developer (requires learning Go) Uncertain career growth, some layoff concerns (none in India so far). High salary. BMW Techworks India (x - 3) LPA (includes variable pay) + 2L joining bonus Assistant Manager, working on C++ open-source code on Linux Interesting project, good long-term potential, but lower salary.

Which choice would be better?

IBM

BMW Techworks India

7 participants . expiring in 2w

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Microchip Technology Asic Verification Engineer Salary FAQs

What is the salary of Asic Verification Engineer at Microchip Technology ?

The average salary of a Asic Verification Engineer at Microchip Technology in India typically ranges from ₹8.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Asic Verification Engineer at Microchip Technology earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Asic Verification Engineer Salaries at Microchip Technology can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Microchip Technology employees in India.

What is the estimated take home salary of a Asic Verification Engineer at Microchip Technology in India?

The estimated take-home salary of a Asic Verification Engineer at Microchip Technology in India typically ranges from ₹73,822 to ₹75,730 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Microchip Technology. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Microchip Technology for Asic Verification Engineer in India?

Texas Instruments	₹16.0 Lakhs to ₹36.0 Lakhs per year
Micron Technology	₹10.0 Lakhs to ₹33.0 Lakhs per year
Qualcomm	₹13.5 Lakhs to ₹30.0 Lakhs per year
Synopsys	₹10.0 Lakhs to ₹26.0 Lakhs per year
Intel	₹6.6 Lakhs to ₹16.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Microchip Technology, depending on the role and experience level.

What is the salary of a Asic Verification Engineer in companies similar to Microchip Technology in India?

The salary of a Asic Verification Engineer at companies similar to Microchip Technology in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cadence Design Systems	₹4.0 Lakhs to ₹24.0 Lakhs per year
MediaTek India Technology	₹10.0 Lakhs to ₹24.0 Lakhs per year
Advanced Micro Devices	₹3.0 Lakhs to ₹17.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Asic Verification Engineer at Microchip Technology in India?

The salary growth for a Asic Verification Engineer at Microchip Technology depends on factors such as experience, performance, and promotions. On average, a Asic Verification Engineer can expect the following growth trajectory at Microchip Technology:

Experience	Average Salary Range
Fresher	₹8.0 Lakhs to ₹11.0 Lakhs per year
2 years	₹10.8 Lakhs to ₹13.8 Lakhs per year

and so on.

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Microchip Technology Asic Verification Engineer Salaries

Microchip Technology Asic Verification Engineer salary in India ranges between ₹8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Microchip Technology latest salaries received from various employees of Microchip Technology.