Good benefits, performance management system sucks and the equity incentive system is a joke - Software Development Engineer Micron Technology Employee Review

2.0
Mar 14, 2023
Recommend
CEO approval
Business Outlook

Pros

The health insurance options and benefits are verry good. Lot of different opportunities to pursue interests within the company.

Cons

The performance management system is based on rating workers based on a normal distribution. You could have instances where a management team has built a top notch team and they end up having to give lower ratings to higher performers in order to fit into the curve. Managers will end up making statements like "well, a 4 rating was harder to achieve this year". This means that what is required to meet or exceed expectations changes year to year, however they will not tell you what it takes to 'exceed expectations' any given year. The individual leader doesn't know how their team will fit into the over all distribution so they really can't give you meaningful feedback until after the distribution 'level setting' is done. Bonus pay is based on company goal achievement and the arbitrary rating system so the rating potential of impacting bonus pay drastically. The stock based incentive system is also an area that needs help. You have no clue or reference point as to how well you did in the distribution of stock awards. They don't share any data on target amounts or distributions. They are not tied to the performance ratings one year you may get none, the next year you might get hundreds or thousands. Not having a reference point makes the awards seem more like a lottery. Just stay friends with the manager in your team so you are sure to get something. Lastly missive layoffs happen and it is not just poor performers that get cut. Age was a common factor for many in the Feb 2023 RIF so don't plan on spending your entire career at this place .

Explore other reviews about Micron Technology

5.0
Jun 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team, good people. Challenging work and scope but ability to take things on and make an impact. High growth potential.

Cons

Too many meetings in evenings with Asian teams Some politics

4.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent pay, great stock grants and stock purchase plan. You can be at the forefront of memory technology driving today's AI megaboom, and benefit from the high demand (i.e. soaring stock price).

Cons

Little sense of community, lifeless office environment, dead-eyed and overworked employees. "Flexible work arrangements" in name only, as recent policy changes have significantly reduced effectiveness especially if you have a long commute or family life. Too much emphasis on unimportant buzz such as embracing diversity and inclusion is just annoying, but par for the course in today's big tech industry.

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