Cadence Design Systems

Courtesy of Carsten Heinelt/Cadence

    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 list4
    HQ locationSan Jose, Calif.
    Job openings (as of February 2018)400
    Revenue, 2017 or most recent year ($M)$1,943
    Year founded1988
    Type of organizationPublic
    Number of work sites17


    100% health coverageNo
    Unlimited sick daysYes
    Job sharingNo
    Subsidized childcareNo
    Compressed work weeksNo
    Fully-paid sabbaticalsNo
    On-site fitness/subsidized gymYes
    On-site medical care facilityNo
    Non-discrimination policy includes sexual orientationYes
    Health insurance for part-timersYes
    Sick days for part-timersYes
    College tuition reimbursementYes
    Student loan debt repaymentYes
    Medical facility at all locationsNo


    % 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 daysUnlimited
    General PTO for part-timers22
    # Sick days for part-timersUnlimited


    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