Cadence Design Systems Asic Verification Engineer Salaries by 4 Employees

1 - 3 years exp.

₹4 Lakhs - ₹24 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

73% more than the average Asic Verification Engineer Salary in Semiconductors Companies for 1 - 3 years of experience

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Last Updated: 8 Mar 2023

Companies similar to Cadence Design Systems for Asic Verification Engineer

Company name	Avg Annual Salary	Open Jobs
Intel Asic Verification Engineer Salary 0 - 4 years exp. (9 salaries)	₹6.6 L/yr - ₹16.7 L/yr 10% more
Qualcomm Asic Verification Engineer Salary 0 - 5 years exp. (8 salaries)	₹13.5 L/yr - ₹30 L/yr 25% more
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Synopsys Asic Verification Engineer Salary 0 - 4 years exp. (7 salaries)	₹10 L/yr - ₹26 L/yr 25% more
Microchip Technology Asic Verification Engineer Salary 0 - 2 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 29% less
MediaTek India Technology Asic Verification Engineer Salary 1 - 3 years exp. (4 salaries)	₹10 L/yr - ₹24 L/yr 3% less
Texas Instruments Asic Verification Engineer Salary 0 - 4 years exp. (3 salaries)	₹16 L/yr - ₹36 L/yr 77% more
Advanced Micro Devices Asic Verification Engineer Salary 2 - 3 years exp. (4 salaries)	₹6.5 L/yr - ₹35 L/yr 43% more
Micron Technology Asic Verification Engineer Salary 0 - 1 year exp. (3 salaries)	₹10 L/yr - ₹33 L/yr 40% more

Asic Verification Engineer salary at Cadence Design Systems ranges between ₹4 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Cadence Design Systems.

Experience wise Cadence Design Systems Asic Verification Engineer salaries

Last Updated: 8 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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3 years (AmbitionBox Estimate)	₹21.2 L/yr - ₹27 L/yr

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Salary related reviews for Cadence Design Systems

Applications Engineer in Noida

Customer Support Department

5.0

• posted on 25 May 2022

4.0

for Salary and Benefits

Likes

...t from that there are talent based extra curricular activities like quizzes etc. Salary and perks are also decent. There are opportunities for learning too.

Salary - Good

+6 more

Dislikes

1. Work might get monotonous after few years, since it involves dealing with customers on regular basis. 2. Onboarding process is time consuming and involves lot of paperwork. You may find some HR employees not cooperating. 3. Company has only 2 offices in entire India (Noida and Bengaluru) for design related work, making it difficult for candidates in other states to relocate permanently. 4. Remote work provision won't be there any longer. 5. Freshers shall find it difficult to cope up with the HUGE amount of learning in the first 6 months or so.

Lead Application Engineer (Synthesis & Physical Design) in Bangalore / Bengaluru

Engineering - Software & QA Department

5.0

• posted on 25 May 2022

3.0

for Salary and Benefits

Likes

Work life balance is the best. Compensation is less compare to competitors. Facilities and work environment is excellent. Learning is depends on the work challenges of your job role.

Skill development - Good

+5 more

Dislikes

Less compensation compare to competitors.

Software Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

5.0

• posted on 29 Jun 2021

4.0

for Salary and Benefits

Likes

Job security

Salary - Good

+6 more

Dislikes

They should pay stock to freshers.. Every one differently knowledge able pay salary by looking at knowelge ...yoe should not be the only criteria.. Try to provide free gifts to employees

Assistant Manager in Noida

Full Time

Finance & Accounting Department

1.0

• posted on 23 Feb 2025

5.0

for Salary and Benefits

Likes

Company is good in all aspects except Manager.

Salary - Excellent

+2 more

Dislikes

Manager is not good at all. Complete disrespectful and tortured. Please do appropriate Research of Hiring manager before joining the company else your life would be hell.

Skill development - Poor

+3 more

Principal Software Engineer in Noida

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Oct 2024

1.0

for Salary and Benefits

Likes

The stock has grown and it can potentially grow further.

Dislikes

Don't join Tempus team. It is the worst. lot of people have left the team or moved abroad. Seniors are unfriendly and unsupportive. They can even go to the point of harassing you. Overall in cadence, old people have created lobbies due to their insecurities. This will cap your progress.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cadence Design Systems Asic Verification Engineer Salary FAQs

What is the salary of Asic Verification Engineer at Cadence Design Systems ?

The average salary of a Asic Verification Engineer at Cadence Design Systems in India typically ranges from ₹4.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Asic Verification Engineer at Cadence Design Systems earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Asic Verification Engineer Salaries at Cadence Design Systems can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Cadence Design Systems employees in India.

What is the estimated take home salary of a Asic Verification Engineer at Cadence Design Systems in India?

The estimated take-home salary of a Asic Verification Engineer at Cadence Design Systems in India typically ranges from ₹1,00,609 to ₹1,03,350 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 1 year to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Cadence Design Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cadence Design Systems for Asic Verification Engineer in India?

Texas Instruments	₹16.0 Lakhs to ₹36.0 Lakhs per year
Advanced Micro Devices	₹6.5 Lakhs to ₹35.0 Lakhs per year
Micron Technology	₹10.0 Lakhs to ₹33.0 Lakhs per year
Qualcomm	₹13.5 Lakhs to ₹30.0 Lakhs per year
Synopsys	₹10.0 Lakhs to ₹26.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cadence Design Systems, depending on the role and experience level.

What is the salary of a Asic Verification Engineer in companies similar to Cadence Design Systems in India?

The salary of a Asic Verification Engineer at companies similar to Cadence Design Systems in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Intel	₹6.6 Lakhs to ₹16.7 Lakhs per year
MediaTek India Technology	₹10.0 Lakhs to ₹24.0 Lakhs per year
Microchip Technology	₹8.0 Lakhs to ₹12.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Asic Verification Engineer at Cadence Design Systems in India?

The salary growth for a Asic Verification Engineer at Cadence Design Systems depends on factors such as experience, performance, and promotions. On average, a Asic Verification Engineer can expect the following growth trajectory at Cadence Design Systems:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
3 years	₹21.2 Lakhs to ₹27.0 Lakhs per year

and so on.

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Cadence Design Systems Asic Verification Engineer Salaries

Cadence Design Systems Asic Verification Engineer salary in India ranges between ₹4 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cadence Design Systems latest salaries received from various employees of Cadence Design Systems.

Cadence Design Systems Asic Verification Engineer salaries in India

Companies similar to Cadence Design Systems for Asic Verification Engineer

Latest annual salaries shared by Cadence Design Systems Asic Verification Engineer

Experience wise Cadence Design Systems Asic Verification Engineer salaries

Similar Designation salaries in Cadence Design Systems

Salary related reviews for Cadence Design Systems

Applications Engineer in Noida

Lead Application Engineer (Synthesis & Physical Design) in Bangalore / Bengaluru

Software Engineer in Bangalore / Bengaluru

Assistant Manager in Noida

Principal Software Engineer in Noida

Cadence Design Systems Asic Verification Engineer Salary FAQs

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