Skip to Content

    A maker of software that helps engineers design semi-conductors that are in such products as smartphones, thermostats and pacemakers. Cadence competes for talent with other Silicon Valley firms by offering over-the-top benefits. According to one staffer: “Employees, while working, can get their clothes cleaned, shoes fixed, get some cash for the weekend, have their car detailed and get the oil changed and have a week’s worth of ready to cook dinner delivered!” They also provide a “College Coach” to assist employees’ kids in the college selection and application process.

    Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

    Company Info

    CEO/Top Executive
    Lip-Bu Tan
    Rank last year-
    # of years on list-
    F500 Rank-
    Industry
    Electronics
    Year founded1,988
    Type of organization
    Public
    Revenue (2014 or most recent year)
    $1.46 billion
    Web addresshttp://www.cadence.com
    Total US employees2,554
    Full-Time jobs added in last year318
    Number of work sites-

    Perks

    Offers compressed work weeks
    no
    Offers fully-paid sabbaticals
    no
    Offers paid time off for volunteering
    yes
    Onsite fitness center
    yes
    Discounted gym memberships
    no
    Onsite medical care facility
    no
    Offers college tuition reimbursement to employees
    yes

    Diversity

    % Women19.93%
    % Minorities48.12%
    % African-American1.06%
    % Asian43.77%
    % Native Hawaiian Pacific Islander0.12%
    % Caucasian or White49.80%
    % Hispanic/Latino2.47%
    % Native American/Alaska Native0.08%
    % Two or more races0.63%
    Same-Sex Benefits
    yes
    Non-discrimination policy
    yes

    Paid Time Off

    Holidays
    11
    Vacation
    15
    Sick days
    Unlimited
    General PTO-

    Compensation

    Most common job (hourly)-
    Avg. base pay (for hourly employee)-
    Avg. extra comp. (for hourly employee)-
    Most common job (salaried)-
    Avg. base pay (for salaried employee)-
    Avg. extra comp (for salaried employee)-

    Hiring/Staffing

    FT voluntary turnover6.00%
    # of job applicants15,031
    Avg. # of applicants per opening11
    # of jobs filled1,004
    Jobs filled internally371
    % of jobs filled by referral40.00%
    # new graduates hired37
    # of job openings (as of Feb. 2015)424