logo-micron

Add Bookmark(s)


To:

Email


Bookmark(s) shared successfully!

Please provide at least one email address.

Microchip background

Benefits

Compensation and Benefits in India

Micron team members worldwide enjoy the advantages of our total compensation program.

In India, eligible team members receive these specific benefits:
  • Variable Pay Program which awards monetary incentives based on individual and company performance
  • Referral Bonus Program which awards monetary incentives when team members refer friends and family to join Micron
  • Patent Bonus Program which awards monetary incentives for team member innovation.
  • Employee Stock Purchase Program which enables team members to purchase Micron stock at discounted rates
  • Equity grant programs which allows team members to share in the future value of the company through employee stock grants at management discretion
  • Service anniversary awards which recognizes employee loyalty and contribution to Micron
  • Recognition programs where the management and peers can formally recognize your demonstration of Micron values
  • Micron foundation program where Micron will match your donation to your charity of choice up to US$2,000 per year
  • Wellness programs that promotes and rewards physical and emotional wellness
  • Government Employee Provident Fund contributions
  • Gratuity payments
  • Insurance coverage including life, personal accident, medical, and business travel accident
  • Medical insurance coverage for their spouse, 2 dependent children and parents
  • Medical insurance coverage for team member and their spouse and dependent children when they travel overseas for leisure.
  • Vacation leave, Casual leave, Sick leave, holidays and other approved leaves of absence