Cadence Design Systems Reviews

Updated August 22, 2014
Updated August 22, 2014
326 Reviews

3.4
326 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Cadence Design Systems President and CEO Lip-Bu Tan
Lip-Bu Tan
140 Ratings

Review Highlights

Pros
  • There's also good work-life balance and support for employees (in 42 reviews)

  • great work life balance, good work environment (in 24 reviews)


Cons
  • On the field side, work/life balance is not satisfactory and that is echoed by others (in 9 reviews)

  • Technology used by most R&D groups is outdated (in 11 reviews)

More Highlights

115 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Some Good, Some Bad, and Some Ugly.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  San Jose, CA
    Current Employee - Anonymous Employee in San Jose, CA

    I have been working at Cadence Design Systems full-time for more than 10 years

    Pros

    -Executive Team means well, tries hard, and has succeeded in turning the company around in revenue, customer gains, and industry perception. (with the help of very hard-working employees.)
    -Decent base salary, if you are an engineer or manager/director/VP. (Not so much in non-revenue producing areas, such as IT, HR, RE, etc.)
    -Rewards and Recognition system that makes it easy to reward your fellow employees for outstanding work. (although, with a fairly small dollar amount.)
    -#2 in industry market, with definite possibility of regaining #1 spot. (albeit out of only 3 main players.)
    -Stock price has consistently risen in recent years.
    -Conveniently located in North SJ near many major freeways.
    -Plenty of parking.

    Cons

    -Top-layer-heavy. Lots of managers, directors, and VP's. Not enough actual "doers".
    -Hiring from outside for management positions rather than promoting from within.
    -Recently changed bonus plan structure so that doing a good job and achieving your goals in helping the company succeed will only get you 70-90% of your target bonus amount. To get 100%, you need to exceed them.
    -Mandatory vacation periods ("shutdowns" where the company is not actually shut down.)
    -Company does not subsidize cafeteria or breakroom, so meals and snacks are expensive.
    -Fitness center is old and worn, even though company charges employees $20/mo to use it.
    -Not very "green".
    -Cost-cutting is job one.
    -C-level push for "Top 100 Best Place to Work" status, without actually doing anything to make it one.

    Advice to ManagementAdvice

    If you want to be a 100 Best Place to Work, then BE a 100 Best Place to Work. (Simply asking the employees to fill out surveys is not good enough.) :
    -Subsidize the cafeteria so employees do not pay $10 or more for lunch.
    -Improve the break rooms to provide healthy choices in the vending machines, and price them AT COST. The break rooms should not be revenue centers. (Why can I buy a bottle of water at Costco for 50c, and it costs me $1.25 at work?)
    -Stop charging a fee for the fitness center. You should be promoting healthy behavior. It saves the company money by having fewer sick days, and also lowers health insurance costs. (If you are going to charge for it, then refresh and modernize it.)
    -Stop charging a fee to use the electric vehicle charging stations. You should be promoting responsible environmental behavior among your employees, not making money from those who do.
    -Stop viewing cost-cutting as the primary metric of success. The company is growing.
    -End the forced vacation period policy.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    An average company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Applications Engineer  in  Austin, TX
    Current Employee - Applications Engineer in Austin, TX

    I have been working at Cadence Design Systems full-time for more than a year

    Pros

    Great visibility, great service to customer take good care of customer. Challenging opportunity. Great culture. Great teamwork. Many opportunities to move up

    Cons

    Many reorganization, rule changes that employee get confuse and hard to follow procedures. Management change every quarter. Treat AE like hourly labor. Pay stuff has hourly rate. All AE has to fill out time card and exact activities which bonus pay count toward customer's time spent. Any internal activity is discourage including provide training and getting training. This result overwork long hours to meet demand on all that ask employee to do

    Advice to ManagementAdvice

    Clean up sales management not to ask for FAE to provide internal COS error messages every quarter, time consuming tedious internal tasks such as fill out time card and then not pay bonus for the hour spends to help other team members

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    OK Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Cadence Design Systems full-time for more than a year

    Pros

    Decent pay/benefits
    Experienced executive team
    Strong financial performance

    Cons

    Revised bonus plan
    Communication on projects is lacking
    Job training is lacking

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Great people, lots of opportunities to grow and good pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager  in  San Jose, CA
    Former Employee - Manager in San Jose, CA

    I worked at Cadence Design Systems full-time for more than 10 years

    Pros

    Cadence is a good company with above average salary packages. The environment overall allows for constant learning and the ability to work on new things. The executives seem to be on the same page and driven towards a common goal.

    Cons

    Due to many years of downsizing there is not much work life balance if you are in HR or finance. If you are not a self starter you will be left behind and not last long. Once you make it to Sr, Director its very hard to advance.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Great people to work with, but slow pace of progress

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Member of Technical Staff  in  San Jose, CA
    Former Employee - Senior Member of Technical Staff in San Jose, CA

    I worked at Cadence Design Systems full-time for more than 5 years

    Pros

    Great people
    Good work/life balance.
    Great if you are an engineer.

    Cons

    Slow pace of growth which is an industry problem also,but company slows it further.
    Remuneration not at par with rest of industry.

    Advice to ManagementAdvice

    Value your talented and hardworking engineers more.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great time.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cadence Design Systems

    Pros

    you get paid here twice a week.

    Cons

    you have to work for your money.

    Advice to ManagementAdvice

    pay employees more.

  8.  

    Interesting but tough.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Cadence Design Systems full-time for more than 10 years

    Pros

    Challenging problems, relatively good pay, customer oriented.

    Cons

    Bad work-life balance, upper management come-and-go. Sometime unrealistic datelines and expectation.

    Advice to ManagementAdvice

    Marketing please listen to the engineers before promising any numbers.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Member of Consulting Staff  in  San Jose, CA
    Current Employee - Senior Member of Consulting Staff in San Jose, CA

    I have been working at Cadence Design Systems full-time for more than 5 years

    Pros

    work life balance if good

    Cons

    lack of growth in caree

    Advice to ManagementAdvice

    hire good engineers and drive innovation

    Neutral Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Good pay, employees expendable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  San Jose, CA
    Former Employee - Anonymous Employee in San Jose, CA

    I worked at Cadence Design Systems full-time for more than 3 years

    Pros

    Good salary (expected for EDA)

    Cons

    Poor mgmt.
    Employees not considered as assets
    Lack of company celebrations

    Advice to ManagementAdvice

    Cut down on the fat from the top

    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Good pay, bad management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Group Director  in  San Jose, CA
    Former Employee - Group Director in San Jose, CA

    I worked at Cadence Design Systems full-time for more than a year

    Pros

    Pay is good. Smart people.

    Cons

    Run like an old-school chip company. Poor communications, poor management. CEO is rarely there. They had a shot with EDA360 and some new products but then abandoned that when the CMO left.

    Advice to ManagementAdvice

    Create better internal communications. Share company vision. Integrate product groups so there is a common goal/vision for success. Foster an atmosphere of collaboration.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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