Microchip Technology Asic Verification Engineer Salaries by 4 Employees (Updated 2025)

0 - 2 years exp.

₹8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

27% 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
Texas Instruments Asic Verification Engineer Salary 0 - 4 years exp. (3 salaries)	₹16 L/yr - ₹36 L/yr 150% more
Intel Asic Verification Engineer Salary 0 - 4 years exp. (9 salaries)	₹6.6 L/yr - ₹16.7 L/yr 56% more
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Qualcomm Asic Verification Engineer Salary 0 - 5 years exp. (8 salaries)	₹13.5 L/yr - ₹30 L/yr 77% more
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
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

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

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Microchip Technology Asic Verification Engineer Salary FAQs

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

Asic Verification Engineer salary at Microchip Technology in India ranges between ₹8.0 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 27% more than the average Asic Verification Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Microchip Technology India.

How does the salary of a Asic Verification Engineer at Microchip Technology India compare with the average salary range for this job?

The average salary of a Asic Verification Engineer at Microchip Technology is 27% more than the average salary of a Asic Verification Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Microchip Technology to a Asic Verification Engineer in India?

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

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

Cadence Design Systems Asic Verification Engineer Salary - ₹4.0 Lakhs to ₹24.0 Lakhs per year
MediaTek India Technology Asic Verification Engineer Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
Advanced Micro Devices Asic Verification Engineer Salary - ₹3.0 Lakhs to ₹17.2 Lakhs per year

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 ranges between ₹73,822 per month to ₹75,730 per month in India. The take-home salary calculation is based on the average Microchip Technology Asic Verification Engineer salary in India which ranges between ₹8.0 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Microchip Technology Asic Verification Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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.