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    Employees appreciate CEO Lip-Bu Tan, whose “decisive, yet caring and humble” leadership brought the software company’s stock to new heights after its recession doldrums. Plus, academic seminars “encourage innovation,” and a Bungee Program for temporary cross-department work builds a sense of “community and teamwork.” Read Great Place to Work review here.

    Company Info

    Rank last year81
    Years on list
    4
    HQ location
    San Jose, Calif.
    Employees
    2,881
    Job openings (as of February 2018)400
    Industry
    Electronics
    Revenue, 2017 or most recent year ($M)$1,943
    Year founded
    1988
    Type of organization
    Public
    Number of work sites17
    Websitehttp://www.cadence.com

    Perks

    100% health coverage
    no
    Unlimited sick days
    yes
    Telecommuting
    yes
    Job sharing
    no
    Subsidized childcare
    no
    Compressed work weeks
    no
    Fully-paid sabbaticals
    no
    On-site fitness/subsidized gym
    yes
    On-site medical care facility
    no
    Non-discrimination policy includes sexual orientation
    yes
    Health insurance for part-timers
    yes
    Sick days for part-timers
    yes
    College tuition reimbursement
    yes
    Student loan debt repayment
    yes
    Medical facility at all locations
    no

    Diversity

    % Minorities-
    % African-American/Black-
    % Asian-
    % Caucasian/White-
    % Hispanic/Latino-
    % Native American/Alaska Native-
    % Native Hawaiian/Pacific Islander-
    % Two or more races-
    % Unknown ethnicity-

    Paid Time Off

    General PTO26
    # Sick days
    Unlimited
    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)-

    Hiring/Staffing (Past 12 Months)

    Full-time and part-time job growth3%
    # of job applicants23,000
    Avg. # of applicants per opening40
    FT voluntary turnover5%
    Jobs filled internally23%
    Jobs filled by referral35%
    # New graduates hired114