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...”
- 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.
- SynopsysSep 27, 2018StarStarStarStarStar
Good relocation reimbursement and amenities in the campus
- 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)
- SynopsysAug 30, 2018StarStarStarStarStar
Robust package of benefits. 401K match could be more competitive
- SynopsysAug 23, 2018StarStarStarStarStar
Intern no health insurance. Timesheet is flexible.
- SynopsysAug 19, 2018StarStarStarStarStar
No company perks; decent 401k
- SynopsysJul 13, 2018StarStarStarStarStar
best thing is we get paid sick leave and relocation allowance. There is no overtime pay.
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Insurance, Health & Wellness
- CheckmarkHealth Insurance (67)
- 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 (13)
- Health Care On-Site
- CheckmarkMental Health Care (13)
- Retiree Health & Medical
- CheckmarkAccidental Death & Dismemberment Insurance (13)
Financial & Retirement
- Pension Plan
- Checkmark401K Plan (71)
- CheckmarkRetirement Plan (49)
- CheckmarkEmployee Stock Purchase Plan (16)
- CheckmarkPerformance Bonus (16)
- Stock Options
- CheckmarkEquity Incentive Plan (11)
- CheckmarkSupplemental Workers' Compensation (10)
- CheckmarkCharitable Gift Matching (15)
Family & Parenting
- CheckmarkMaternity & Paternity Leave (64)
- CheckmarkWork From Home (55)
- CheckmarkFertility Assistance (6)
- CheckmarkDependent Care (10)
- Adoption Assistance
- Childcare
- Reduced or Flexible Hours
- Military Leave
- CheckmarkFamily Medical Leave (15)
- CheckmarkUnpaid Extended Leave (10)
Vacation & Time Off
- CheckmarkVacation & Paid Time Off (65)
- 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 (14)
Professional Support
- CheckmarkDiversity Program (9)
- CheckmarkJob Training (10)
- CheckmarkProfessional Development (12)
- Apprenticeship Program
- CheckmarkTuition Assistance (15)
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