The semiconductor technology company regularly conducts analyses to ensure that women employees are getting paid fairly. “This company is very good at rewarding employees solely on what they deliver,” says a staffer. “We are a team of equals.” More than 40% of employees have been here for 10 years or more.
Learn more in the Great Place to Work review here.
Company Info
| Rank last year | 52 |
| Years on list | 3 |
| HQ location | San Jose |
| Total employees | 6,811 |
| Job openings (as of February 2017) | 557 |
| Industry | Electronics |
| Revenue (2016 or most recent year) | $1,816.1 million |
| Year founded | 1988 |
| Type of organization | Public |
| Number of work sites | 17 |
| Website | http://www.cadence.com |
Perks
| 100% health coverage | no |
| Unlimited sick days | yes |
| Onsite fitness center | yes |
| Discounted gym memberships | no |
| Telecommuting | yes |
| Job sharing | no |
| Compressed work weeks | no |
| Fully-paid sabbaticals | no |
| Onsite medical care facility | no |
| Medical facility at all locations | no |
| Onsite childcare | no |
| Domestic partner benefits for same-sex couples | yes |
| Non-discrimination policy includes sexual orientation | yes |
| Sick days for part-timers | yes |
| Health insurance for part-timers | yes |
| PTO for volunteering | yes |
| College tuition reimbursement | yes |
Diversity
| % Women | 20% |
| % Minorities | 48% |
| % African-American/Black | 1% |
| % Asian | 44% |
| % Caucasian/White | 42% |
| % Hispanic/Latino | 2% |
| % Native American/Alaska Native | <1% |
| % Native Hawaiian/Pacific Islander | <1% |
| % Two or more races | 1% |
| % Unknown ethnicity | 10% |
Paid Time Off
| General PTO | 26 |
| Total PTO after 5 years | 33 |
| # Sick days | Unlimited |
| Max hours PTO for volunteering | 40 |
| General PTO for part-timers | 22 |
| # Sick days for part-timers | Unlimited |
Compensation
| Most common job (for salaried employee) | R&D Engineer Level 5 |
| Avg. base pay (salaried) | - |
| Avg. extra compensation (salaried) | - |
| Total pay for most common job (salaried) | - |
| Most common job (for hourly employee) | Executive Administrator |
| Avg. base pay (hourly) | - |
| Avg. extra compensation (hourly) | - |
| Total pay for most common job (hourly) | - |
| Avg. monthly rate for onsite childcare | - |
Hiring/Staffing (Past 12 Months)
| Full-time job growth % | 7% |
| # of job applicants | 32,962 |
| Avg. # of applicants per opening | 39 |
| FT voluntary turnover | 5% |
| Jobs filled internally | 68 |
| % Jobs filled by referral | 33 |
| # New graduates hired | 224 |
| Avg. college tuition reimbursed | $5,000 |
Training
| Avg. # hours training (salaried workers) | 70 |
| Avg. # hours training (hourly workers) | 70 |