Okay Pay, Solid Benefits at onsemi
It's a pretty stable company with good benefits, but the pay could definitely be better. As a Software Engineer, I felt my salary wasn't quite competitive for the market.
The benefits package here is pretty solid, especially the health insurance. As a Software Engineer in the semiconductor industry, I appreciate having decent coverage. The 401k match is also a nice perk, it helps build up savings.
Base pay isn't as competitive as I've seen at other big tech companies. Annual raises feel really small, it's tough to keep up with inflation. It feels like they could do more to attract top talent in the Phoenix, AZ office.
Seriously review the compensation structure. Increase base salaries and make annual raises more impactful to stay competitive with other companies in the tech sector.