Microchip Again Wins Alfred P. Sloan Award for Workplace Flexibility

Microchip Again Wins Alfred P. Sloan Award for Workplace Flexibility

For Fifth Consecutive Year, Company Receives National Recognition for Business Practices

Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller, analog and Flash-IP solutions, today announced it has won the Alfred P. Sloan Award for Business Excellence in Workplace Flexibility for the fifth consecutive year. The award distinguishes Microchip as one of the top practitioners of workplace flexibility in the nation.

The Alfred P. Sloan Awards for Business Excellence in Workplace Flexibility are part of When Work Works, a national project to educate the business community on the value of workplace effectiveness and flexibility. The awards are unique for their rigorous, two-step selection process, which involves an evaluation of employers’ flexibility programs and practices, and a confidential employee survey. Winners of this prestigious award not only offer excellent workplace flexibility policies and practices, but they also use flexibility as a strategic business tool to benefit the business and its employees.

“Employees are our greatest strength,” said Lauren Carr, vice president of Global Human Resources for Microchip. “In order to attract and retain the best talent, we provide a work environment that promotes flexibility, which we believe naturally leads to teamwork, creativity and pride in work. The Company benefits from productive employees who take ownership of their jobs; and the employees benefit from being able to enjoy their personal lives.”

Steve Sanghi, Microchip’s president and CEO, said, “Microchip is honored to receive this award for the fifth year in a row. Our workplace culture is specifically designed and cultivated. It is not by accident that we achieve these great results—we achieve them by aligning, integrating and uniting all elements of the enterprise that influence employee performance.”

For additional information regarding Microchip Technology, contact Michelle Ragsdale at (480) 792-4111 or michelle.ragsdale@microchip.com, or visit the Company’s Web site at http://www.microchip.com/get/C0ET. For more information about the When Work Works project and the Alfred P. Sloan Awards for Business Excellence in Workplace Flexibility, visit http://www.microchip.com/get/646E.

About When Work Works

When Work Works is a leading national initiative to help businesses of all sizes and types become more successful by transforming the way they view and adopt effective and flexible workplaces. When Work Works is one of the foremost providers of rigorous research and employer best practices on workplace effectiveness and flexibility in the nation, and administers the prestigious Alfred P. Sloan Awards for Business Excellence in Workplace Flexibility annually, which recognize exemplary employers for using flexibility as an effective workplace strategy to increase business and employee success. http://www.whenworkworks.org @FWInews

About Microchip Technology

Microchip Technology Inc. (NASDAQ: MCHP) is a leading provider of microcontroller, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Ariz., Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip Web site (http://www.microchip.com/get/C0ET).

Note: The Microchip name and logo are registered trademarks of Microchip Technology Incorporated in the U.S.A., and other countries. All other trademarks mentioned herein are the property of their respective companies.

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Microchip Technology Inc.
Editorial Contact:
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