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The Top 10: 5 - Cadence Design Systems: Designer Paymaster
Compensation and job content help keep this regularly high-scoring niche player in the top five
Wednesday, September 06, 2006

Cadence has been one of the favorites in the survey simply because it keeps finding a place in the Top 5 every year. A player to reckon with in the EDA space, some of Cadence's biggest strengths are the quality work in high-end technology which has a direct impact on job content, its image in the market as a niche player in the premium end of the value chain, and compensation.

Training is an important component of all people-development activities at Cadence. The reason for this is that India does not provide a readymade talent pool for the EDA industry. So Cadence follows a simple model: hire, train and ramp up. Every new employee goes through assimilation training for a day, followed by a day of getting a synopsis of the EDA industry and the global picture. Each department then provides mandatory two-week induction training in technology. This apart there are several training programs, internal as well as sponsored, that are conducted in collaboration with IIT-Delhi. There are technical training programs designed to groom entry-level recruits.

DQ Rank 5

Sameer Wadhawan, director, HR

High ratings Score Industry rank    



Pay is good 100 1
Conducts its business in a fair manner 100 1
Professional company 100 1
Low ratings
Managers care about professional and personal growth 91 7
Exciting growth opportunities 89 9
Less stress at work 78 15
Dream job wishlist 
Salary and Compensation 100 1
Appraisal system 100 1
Facilities/Resources/Support/Intranet 87 2

Cadence has instituted a robust leadership development program based on the belief that not all quality engineers make quality managers. In fact, moving a technologist to a managerial role is one of the biggest challenges for HR managers today. Therefore, employees are groomed and trained to assume leadership roles. Today, more than 80% of the managers at Cadence come from within the company. This is in tune with the management philosophy at Cadence worldwide that believes that managers bred in-house have a better understanding of the culture of the company. The India head, Jaswinder Ahuja himself drives the Shared Learning Series, a leadership development initiative on cross-geographic efficiency.

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