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Cadence Design Systems: Little Master

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DQI Bureau
New Update








































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High Scores
"Strongly

agree"


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Score Industry Rank

Pay is good 98.9 2
Immediate resolution of problems 98.4 2
Fair appraisal system 90.9 2
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Low Scores





"Strongly

agree"


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Score

Industry Rank





Exciting growth opportunities

85.5

8



Less stress at work

78.0

11



Encouraged to take risk in work

68.9

8

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Dream Job





"Strongly

agree"


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Score

Industry Rank





Growth opportunity

29.6

17



Organization culture/work climate

43.2

8



Salary & compensation

63.0

1







Strengths:

High compensation and a good work environment, which provided balanced growth and flexibility




Weaknesses:

Slipped on several satisfaction parameters. Employees expressed some disapproval on the appraisal process and support from seniors



Employee Size



2004-05, 501

Cadence Design Systems (India) has always been a consistent performer in our

survey. It slips marginally on employee satisfaction this year and manages a

'Four Star' ratings.

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Sameer Wadhawan, director (HR)

With just 481 people at the close of FY 2004-05, Cadence is one of the

smallest companies in the survey, which is understandable given its highly niche

domain operation. The largest R&D site of its parent company develops some

of the world's most sophisticated software for electronics design automation (EDA)

and provides design and consulting services.

Like Rolta, Cadence too falters on HR score, but makes up on the employee

satisfaction scorecard, to make it to the Top 5 in terms of composite score. It

slips on all the parameters on the HR scorecard except training, where it comes

(rank #2) just



behind Infosys. An issue of concern was the relatively low hikes given last
fiscal, but being one of the highest paying companies, Cadence scored well on

employee satisfaction on compensation.

Some areas of concern in future could be appraisal process (rank #4), people

(rank #5) and training (rank #11). However, a reason to cheer is that few

thought that these reasons were important enough for them to consider quitting

the organization.

And compensation remains Cadence's biggest strength. At #2, it is marginally

behind HCL Infosystems. But as our study revealed yet again that salary has

ceased to be the most critical driver for retention today. Cadence might need to

get its act together on some of the other satisfaction parameters. It continued

to suffer as a brand as only 2% of the cross-company sample considered it as

their 'Dream Company'.

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