Hardware IndustrySep 13, 2023
CadenceEskimo28

Cadence Offer expectation

Asking for a friend. Did the compensation and benefits change at cadence after Pandemic? Has the company started paying well to new hires? Offer - Principal Engineer, San Jose CA YOE - 9 years What to expect? Base - RSUs - Bonus % - Sign on bonus - #hardware #semiconductor #cadence #cadencedesignsystems #cadenceoffer #cadencecompensation #cadenceIP #benefits

Cadence HqEH46 Sep 13, 2023

Location?

Cadence Eskimo28 OP Sep 13, 2023

Bay Area. Updated the post.

Intel cosmicDust Sep 13, 2023

160K base, 10% bonus, sign on : 30k- 50K, not sure about the RSU 100K for 4 years ..?

Cadence Eskimo28 OP Sep 14, 2023

Do they really go up to $100k RSUs? And 10% bonus??? - It’s kind of low for principal level, right.

Cadence qn626 Sep 14, 2023

Internal transfer?

Cadence Eskimo28 OP Sep 14, 2023

No, asking for a friend from outside cadence

Cadence 16792 Sep 14, 2023

Principal at cadence is equivalent to G8/G7 at Intel. Maximum possible RSUs is 100k/4 yrs.

Cadence Eskimo28 OP Sep 14, 2023

Do you know the bonus target % for principal level?

Cadence 16792 Sep 14, 2023

10% till T5. Principal is T4 level. For SJ.loc base can be more. It can go till 200k. T5 base starts at 200k.

Cadence wolf king Sep 27, 2023

Currently T4 in IPG, RSU can be much more than 100k....

Cadence sbkbvd Sep 28, 2023

SJ location?

Cadence wolf king Sep 28, 2023

Yes