Microchip Technology Verification Engineer 2 Salaries by 4 Employees (Updated 2024)

2 - 3 years exp.

₹15 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

56% more than the average Verification Engineer 2 Salary in Semiconductors Companies for 2 - 3 years of experience

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Last Updated: 8 Apr 2024

Companies similar to Microchip Technology for Verification Engineer 2

Company name	Avg Annual Salary	Open Jobs
Tessolve Semiconductor Verification Engineer 2 Salary 3 - 5 years exp. (4 salaries)	₹13 L/yr - ₹32 L/yr 19% more
Cadence Design Systems Verification Engineer 2 Salary 1 - 3 years exp. (4 salaries)	₹20 L/yr - ₹23.3 L/yr 40% more
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Qualcomm Verification Engineer 2 Salary 2 - 3 years exp. (3 salaries)	₹6 L/yr - ₹10 L/yr 44% less
Mirafra Technologies Verification Engineer 2 Salary 1 - 4 years exp. (8 salaries)	₹8 L/yr - ₹11.1 L/yr 31% less
Wipro Verification Engineer 2 Salary 4 - 7 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 33% more

Verification Engineer 2 salary at Microchip Technology ranges between ₹15 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Microchip Technology.

Experience wise Microchip Technology Verification Engineer 2 salaries

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹15 L/yr - ₹16 L/yr
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3 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹16 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.

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

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

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

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

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

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

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Microchip Technology Verification Engineer 2 Salary FAQs

What is the salary of Verification Engineer 2 at Microchip Technology?

Verification Engineer 2 salary at Microchip Technology in India ranges between ₹15.0 Lakhs to ₹16.0 Lakhs for experience between 2 years to 3 years. According to our estimates it is 56% more than the average Verification Engineer 2 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 Verification Engineer 2 at Microchip Technology India compare with the average salary range for this job?

The average salary of a Verification Engineer 2 at Microchip Technology is 56% more than the average salary of a Verification Engineer 2 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Microchip Technology to a Verification Engineer 2 in India?

Cadence Design Systems Verification Engineer 2 Salary - ₹20.0 Lakhs to ₹23.3 Lakhs per year
Wipro Verification Engineer 2 Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Tessolve Semiconductor Verification Engineer 2 Salary - ₹13.0 Lakhs to ₹32.0 Lakhs per year

What is the salary of a Verification Engineer 2 in companies similar to Microchip Technology in India?

Mirafra Technologies Verification Engineer 2 Salary - ₹8.0 Lakhs to ₹11.1 Lakhs per year
Qualcomm Verification Engineer 2 Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Verification Engineer 2 at Microchip Technology in India?

The estimated take-home salary of a Verification Engineer 2 at Microchip Technology ranges between ₹1,06,754 per month to ₹1,09,694 per month in India. The take-home salary calculation is based on the average Microchip Technology Verification Engineer 2 salary in India which ranges between ₹15.0 Lakhs to ₹16.0 Lakhs per year for employees with experience between 2 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Verification Engineer 2 at Microchip Technology?

According to AmbitionBox, 100% of the Microchip Technology Verification Engineer 2s reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Microchip Technology Verification Engineer 2 Salaries

Microchip Technology Verification Engineer 2 salary in India ranges between ₹15 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Microchip Technology latest salaries received from various employees of Microchip Technology.