Synopsys Benefits
Employer Summary
As an employee of Synopsys, you have access to a comprehensive set of benefits – one that provides you with protection from unexpected losses or medical expenses, and opportunities for you to tailor your benefits to fit the needs of you and your family. Synopsys pays for most of these benefits, while you share in the cost of others, depending on the choices you make.
Our benefits programs are tailored to the various geographies in which we operate. To learn more about our range of available benefits to US employees, click here.
Employee Benefit Reviews
Most Commented
- Health Insurance (29 comments)
“Its ok. High deductibles. My premium was about $200 per check. United Healthcare and Kaiser are the options.”
- Vacation & Paid Time Off (17 comments)
“Unlimited time off. When I talked with colleagues while there we all agreed our next jobs would have an earned vacation program. My boss never took...”
- SynopsysFeb 05, 2019StarStarStarStarStar
Very flexible vacation opportunities. Decent healthcare and other discount benefits for employees.
- SynopsysFeb 17, 2019StarStarStarStarStar
401K max employer contribution was $1500
- SynopsysJan 31, 2019StarStarStarStarStar
401K match, EAP, Health Insurance
- SynopsysJan 28, 2019StarStarStarStarStar
The benefits are comprehensive. There is a choice of medical plans, and in my experience they are very good, plus dental and vision.
- SynopsysJan 25, 2019StarStarStarStarStar
Cost of health insurance keep climbing every year and out of pocket expense always high
- SynopsysNov 26, 2018StarStarStarStarStar
401(k) match, unlimited vacation, medical benefits OK, ESPP, etc- All things you would expect from a large enterprise.
- SynopsysNov 28, 2018StarStarStarStarStar
Not alot of perks (no snacks, cafe was mediocre)
- SynopsysDec 05, 2018StarStarStarStarStar
The $3000 for a 401K match is terrible. It does not increase with inflation. The unlimited time off was a joke until I decided to leave the company. At that point, I called in sick regularly.
- SynopsysOct 22, 2018StarStarStarStarStar
Synopsys has a complete and competitive benefits package from healthcare to unlimited time off and from 401K to employee stock purchase program.
- SynopsysOct 11, 2018StarStarStarStarStar
pro: ESPP: Up to two year look back on set price; 15% discount Cons: paid time off. Good luck getting to use your unlimited time off. It depends on your manager and group 401K = $3k max Health Insurance $195 per paycheck with a large deductible and out of pocket max (family of three)
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Insurance, Health & Wellness
- CheckmarkHealth Insurance (71)
- CheckmarkDental Insurance (17)
- CheckmarkFlexible Spending Account (FSA) (17)
- CheckmarkVision Insurance (16)
- CheckmarkHealth Savings Account (HSA) (17)
- CheckmarkLife Insurance (16)
- CheckmarkSupplemental Life Insurance (15)
- CheckmarkDisability Insurance (15)
- CheckmarkOccupational Accident Insurance (14)
- Health Care On-Site
- CheckmarkMental Health Care (13)
- Retiree Health & Medical
- CheckmarkAccidental Death & Dismemberment Insurance (13)
Financial & Retirement
- Pension Plan
- Checkmark401K Plan (74)
- CheckmarkRetirement Plan (51)
- CheckmarkEmployee Stock Purchase Plan (16)
- CheckmarkPerformance Bonus (16)
- Stock Options
- CheckmarkEquity Incentive Plan (11)
- CheckmarkSupplemental Workers' Compensation (11)
- CheckmarkCharitable Gift Matching (15)
Family & Parenting
- CheckmarkMaternity & Paternity Leave (68)
- CheckmarkWork From Home (58)
- CheckmarkFertility Assistance (6)
- CheckmarkDependent Care (10)
- Adoption Assistance
- Childcare
- Reduced or Flexible Hours
- Military Leave
- CheckmarkFamily Medical Leave (15)
- CheckmarkUnpaid Extended Leave (11)
Vacation & Time Off
- CheckmarkVacation & Paid Time Off (69)
- CheckmarkSick Days (11)
- CheckmarkPaid Holidays (16)
- Volunteer Time Off
- Sabbatical
- Bereavement Leave
Perks & Discounts
- CheckmarkEmployee Discount (7)
- Free Lunch or Snacks
- CheckmarkEmployee Assistance Program (16)
- Gym Membership
- Commuter Checks & Assistance
- Pet Friendly Workplace
- CheckmarkMobile Phone Discount (11)
- Company Car
- CheckmarkCompany Social Events (14)
- CheckmarkTravel Concierge (7)
- CheckmarkLegal Assistance (15)
Professional Support
- CheckmarkDiversity Program (9)
- CheckmarkJob Training (10)
- CheckmarkProfessional Development (12)
- Apprenticeship Program
- CheckmarkTuition Assistance (15)
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