Cadence Design Systems Culture | Comparably
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Cadence Design Systems Claimed Company
Cadence Design Systems develops electronic design automation, software, hardware and silicon intellectual property technologies. read more
EMPLOYEE
PARTICIPANTS
62
TOTAL
RATINGS
465

Cadence Design Systems Company Culture

Cadence Design Systems Culture

This score is derived from employee ratings & reviews
4.1/5
Cadence Design Systems' Overall Culture is rated B

Top Rated Culture Dimensions

Cadence Design Systems CEO

Top 5%Top 5% of Similar Size Companies on Comparably
Lip-Bu Tan Cadence Design Systems' CEO
Lip-Bu Tan
81 /100

Diversity at Cadence Design Systems

Top 35%Top 35% of Similar Size Companies on Comparably
B

Diverse employees at Cadence Design Systems have rated Outlook, CEO Rating, and Retention as the highest categories they have scored

Women at Cadence Design Systems

Bottom 30%Bottom 30% of Similar Size Companies on Comparably
C-

Women at Cadence Design Systems have rated Team, Environment, and Manager as the highest categories they have scored

Cadence Design Systems eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 25%Top 25% of Similar Size Companies on Comparably

Recommend to a Friend?

19

Cadence Design Systems employees are 19% more likely to recommend Cadence Design Systems as a great place to work

46%Promoters
27%Passives
27%Detractors

Working at Cadence Design Systems

Working at Cadence Design Systems is rated highly by 62 employees, across various culture dimensions. Cadence Design Systems employees are most satisfied about CEO Rating, Executive Team, and Meetings categories, putting Cadence Design Systems’s culture in the Top 25% compared to similar sized companies on Comparably and in the Top 50% compared to other companies in San Francisco. See below in detail how working at Cadence Design Systems was rated by employees.

Overall Company Culture at Cadence Design Systems

B

Overall Company Culture at Cadence Design Systems is rated B

Last updated 7 days ago

Top
25%

Cadence Design Systems ranks in the Top 25% of other companies on Comparably with 5,001-10,000 Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 62 Employees

View Results
0
20
40
60
80
100
Engineering
77
Engineering77

Cadence Design Systems Employee Reviews

Out of 24 Cadence Design Systems employee reviews, 89% were positive. The remaining 11% were constructive reviews with the goal of helping Cadence Design Systems improve their work culture.

89%
11%
Positive Reviews89%
Constructive Feedback11%

Positive Reviews From Cadence Design Systems Employees

  • What is the best part about your compensation package?
    Great Healthcare and stock purchase plan
  • What do you like best about the leadership team?
    Good governance and good team work
  • What is most positive about the culture and environment at your company?
    Extremely flexible. Management is always happy to take into your account your personal life and work around you in terms of leave, workload, personal goals etc...

Constructive Feedback From Cadence Design Systems Employees

  • What does the leadership team need to get better at?
    technical concepts and education. too much politics
  • What needs to change to make the company culture better?
    Collaboration and teamwork should be highlighted and rewarded rather than individuals who succeed at the expense of team success

Cadence Design Systems Company Information

Cadence Design Systems Company Overview

Cadence Design Systems develops electronic design automation, software, hardware and silicon intellectual property technologies.

Cadence Design Systems Mission, Vision & Values

Cadence Design Systems Mission Statement

We innovate technologies essential to building great products that transform lives.

Cadence Design Systems Values

  • Customers
  • Innovation
  • Quality
  • Agility
  • Integrity
  • One Cadence—One Team
  • And We're Fun, Too!
HeadquarterSan Jose, CA
United States of America
Websitewww.cadence.com/us/pages/default.aspx
Founding Date1988
Tel8015616475
Company StatusPublic
StockCDNS

Cadence Design Systems Competitors

Cadence Design Systems competitors include Synopsys Inc, ANSYS INC, Atrenta, and Axcelis Technologies. Cadence Design Systems ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Cadence Design Systems compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Synopsys Inc's Logo
    Synopsys Inc
    4.7/5
  2. #2
    ANSYS INC's Logo
    ANSYS INC
    4.3/5
  3. #3
    Atrenta's Logo
    Atrenta
    3.9/5
  4. #4
    Cadence Design Systems' Logo
    Cadence Design Systems
    4.1/5
  5. #5
    Axcelis Technologies' Logo
    Axcelis Technologies
    3.5/5
  • Culture Video

Cadence Design Systems Employees

62 employees at Cadence Design Systems have reviewed Cadence Design Systems across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 7 days ago.

Overall, the 62 Cadence Design Systems employees give their leadership a grade of B, or Top 30% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Cadence Design Systems are generally satisfied with their total compensation at Cadence Design Systems, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Cadence Design Systems are pleased with their team. 62 Participants grade the quality of their coworkers an A-. The majority believe the meetings at Cadence Design Systems are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Cadence Design Systems believe the environment at Cadence Design Systems is positive. Most Participants believe the pace of work at Cadence Design Systems is comfortably fast. About 53% of the employees at Cadence Design Systems work 8 hours or less, while 18% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Cadence Design Systems are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining Cadence Design Systems - Employee Onboarding

The prevailing opinion from employees about joining Cadence Design Systems is that the company was somewhat prepared on their first day. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Cadence Design Systems KPIs and OKRs

At this moment no Cadence Design Systems employees have provided insight into whether or not they clearly understand Cadence Design Systems' KPIs and OKRs.

AnswerPercent
Yes0%
No100%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Cadence Design Systems CEO & Leadership

Cadence Design Systems CEO - Lip-Bu Tan

Lip-Bu Tan Cadence Design Systems' CEO
81 /100

Lip-Bu’s approval rate is in the Top 5% of all CEOs of similar-sized companies on Comparably, and in the Top 10% compared to the CEOs of all other companies in San Francisco. Cadence Design Systems’s CEO is highly regarded especially by employees with the company for 2 to 5 Years, employees with Over 10 Years experience, and Caucasian employees. However, Female employees, Asian or Pacific Islander employees, and employees in the Engineering department have a less favorable view of the CEO and believe there is room for improvement. Compared to Cadence Design Systems’s competitors, Lip-Bu Tan ranks right above Axcelis Technologies CEO Mary Puma. Under Tan’s leadership, Cadence Design Systems employee respondents are most happy about their Executive Team and the company’s Meetings. Gender and Manager are two areas, according to respondents, where Cadence Design Systems could stand to see real improvement.

Cadence Design Systems Leadership

The Cadence Design Systems Executive Team is rated an “A-” and led by CEO Lip-Bu Tan, President Anirudh Devgan Ph.D., and Senior Vice President of Worldwide Field Operations Aneel Zaman

  • Lip-Bu Tan  CEO / President

    Lip-Bu Tan CEO / President

    Mr. Lip-Bu Tan is the Founder and Chairman of Walden International, an international venture capital firm founded in... read more

  • Anirudh Devgan Ph.D. President

    Mr. Anirudh Devgan, Ph.D., has been President of Cadence Design Systems, Inc. since November 16, 2017. Mr. Devgan served... read more

  • Aneel Zaman Senior Vice President of Worldwide Field Operations

    Mr. Aneel Zaman, also known as Neil, has been the Senior Vice President of Worldwide Field Operations at Cadence Design... read more

  • Neil Kole Senior VP & Chief Information Officer

    Mr. Neil Kole has been the Chief Information Officer and Senior Vice President at Cadence Design Systems Inc. since May... read more

  • John Wall Senior VP & CFO

    Mr. John Wall has been Chief Financial Officer and Senior Vice President of Cadence Design Systems, Inc since October 1,... read more

  • Lip-Bu Tan CEO

    Lip-Bu Tan serves as the CEO of Cadence Design Systems. Lip-Bu started at Cadence Design Systems in October of 2008.... read more

  • Craig Johnson VP Cloud Solutions

    Craig Johnson serves as the VP Cloud Solutions of Cadence Design Systems. Craig started at Cadence Design Systems in May... read more

  • Phil Bishop Group Director Sales

    Phil Bishop serves as the Group Director Sales of Cadence Design Systems. Phil started at Cadence Design Systems in... read more

  • Don Chan Vice President, R&D

    Don Chan serves as the Vice President, R&D of Cadence Design Systems. Don started at Cadence Design Systems in November... read more

Cadence Design Systems Salaries

How much does Cadence Design Systems pay?

How much do people at Cadence Design Systems get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Cadence Design Systems is $111,835, or $53 per hour, while the estimated median salary is $119,620, or $57 per hour.

At Cadence Design Systems, the highest paid job is a Group Engineering Manager at $244,585 annually and the lowest is a CS Rep at $45,939 annually. Average Cadence Design Systems salaries by department include: Finance at $87,030, Sales at $199,569, Operations at $107,555, and Legal at $118,965. Half of Cadence Design Systems salaries are above $119,620.

22 employees at Cadence Design Systems rank their Compensation in the Top 35% of similar sized companies in the US (based on 67 ratings) while 22 employees at Cadence Design Systems rank their Perks And Benefits in the Top 40% of similar sized companies in the US (based on 23 ratings).

Salaries contributed from Cadence Design Systems employees include job titles like Director of Engineering, Principal Engineer, Senior Developer, and DevOps. Comparably data has a total of 10 salary records from Cadence Design Systems employees.

Last updated months ago.

1st Percentile
$61k
$61k1st Percentile
17th Percentile
$95k
$95k17th Percentile
33rd Percentile
$120k
$120k33rd Percentile
50th Percentile
$184k
$184k50th Percentile
67th Percentile
$245k
$245k67th Percentile
83rd Percentile
$307k
$307k83rd Percentile
100th Percentile
$313k
$313k100th Percentile
$111,835*
Average Compensation
$119,620*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Cadence Design Systems Salaries by City

Cadence Design Systems Salaries by Department

Explore Cadence Design Systems Salaries

Diversity & Inclusion at Cadence Design Systems

Diverse employees at Cadence Design Systems score the company 70/100 across various culture categories, placing Cadence Design Systems in the Top 35% of companies on Comparably with 5,001-10,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Cadence Design Systems across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men 78/100
Department - Engineering
Diverse Employees 75/100
Department - Engineering

Ranked Culture the Lowest

Women N/A/100
Men 74/100
Tenure - 2 to 5 Years
Diverse Employees 74/100
Tenure - 2 to 5 Years

Cadence Design Systems Perks & Benefits

Health & Wellness

  • Dental Insurance

Paid Time Off

  • PTO / Vacation Policy

Cadence Design Systems PTO

Cadence Design Systems' PTO and Vacation policy typically gives 10-15 days off a year with 50% of employees expected to be work free while out of office. Paid Time Off is Cadence Design Systems' most important benefit besides Healthcare when ranked by employees, with 100% of employees saying it is the most important benefit. Cadence Design Systems' benefits and PTO Package averages to represent a $500 -$1000 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy100%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes50%
No50%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo50%
$1000 -$1500/mo0%
$500 -$1000/mo50%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Cadence Design Systems Careers

Cadence Design Systems Jobs

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H1B Visa

In 2019, Cadence Design Systems applied for 208 H1B visas. Of the work permits applied for, 87% were approved, 10% certified-withdrawn, and 3% withdrawn.

An in-depth look at ‘Certified-withdrawn’ H1B applications at Cadence Design Systems unveil that 6 approved work permit applications were withdrawn before the employee’s start date, and 21 were withdrawn by Cadence Design Systems after the employee’s start date.

Work Permit Application Outcome

208
Total Applied
  • 87% Granted (180 out of 208)
  • <1% Denied (1 out of 208)
  • 3% Withdrawn Application was withdrawn by the employer before approval/rejection (6 out of 208)
  • 10% Certified-Withdrawn Application was approved but later withdrawn by employer (21 out of 208)

This data was calculated using publicly sourced data from OFLC Performance Data

Let Cadence Design Systems Know You Want To Work There

Overview of Candidates Interested in Cadence Design Systems on Comparably

Candidates By Department

All Industries
50%
Engineering
30%
Design
20%

Candidates By Location

Boston
20%
Santa Clara
10%
San Francisco
10%
Fort Collins
10%
Austin
10%
Other
40%

Frequently Asked Questions regarding Cadence Design Systems

Who is the CEO of Cadence Design Systems?

Cadence Design Systems CEO is Lip-Bu Tan, their score by employees is 81

What is Cadence Design Systems eNPS?

The eNPS for Cadence Design Systems is 19

What is Cadence Design Systems revenue?

Cadence Design Systems revenue is $2B

What is the salary for Accounting Manager in Cadence Design Systems?

Accounting Manager average salary in the US is 97k

What are the salaries in the Engineering in Cadence Design Systems?

The average salaries for Engineering in Cadence Design Systems is 160k

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