Cadence Design Systems Product Engineer 2 Salaries by 8 Employees

2 - 4 years exp.

₹12 Lakhs - ₹23.5 Lakhs

Low Confidence

Salary of majority employees

29% more than the average Product Engineer 2 Salary in Semiconductors Companies for 2 - 4 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Engineering - Hardware & Networks Product Engineer 2 Salary 3 - 4 years exp. (3 salaries)	₹15.7 L/yr - ₹23.5 L/yr
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Research & Development Product Engineer 2 Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹20 L/yr

Last Updated: 13 Jun 2023

Companies similar to Cadence Design Systems for Product Engineer 2

Company name	Avg Annual Salary	Open Jobs
TE Connectivity Product Engineer 2 Salary 6 - 10 years exp. (13 salaries)	₹10.5 L/yr - ₹15 L/yr 26% less	2 job openings
UST Product Engineer 2 Salary 6 - 11 years exp. (11 salaries)	₹12 L/yr - ₹25.4 L/yr 1% more
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TechnipFMC Product Engineer 2 Salary 3 - 8 years exp. (11 salaries)	₹8.4 L/yr - ₹12 L/yr 40% less
Ameyo Product Engineer 2 Salary 1 - 5 years exp. (8 salaries)	₹5 L/yr - ₹10 L/yr 56% less
Servify Product Engineer 2 Salary 3 - 5 years exp. (7 salaries)	₹8 L/yr - ₹12 L/yr 43% less

Product Engineer 2 salary at Cadence Design Systems ranges between ₹12 Lakhs to ₹23.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Cadence Design Systems.

Experience wise Cadence Design Systems Product Engineer 2 salaries

Last Updated: 13 Jun 2023

Experience	Avg Annual Salary
2 years (3 salaries)	₹12 L/yr - ₹18 L/yr
3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹23.5 L/yr
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4 years (3 salaries)	₹15.7 L/yr - ₹20 L/yr

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Top skills at Cadence Design Systems for Product Engineer 2

Automotive System Design System Verilog Aerospace Deployment Perl Automation IPS STA Python UVM Career Development Automotive Engineering Clinical SAS Programming Simulation

Salary related reviews for Cadence Design Systems

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

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.

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cadence Design Systems Product Engineer 2 Salary FAQs

What is the salary of Product Engineer 2 at Cadence Design Systems ?

The average salary of a Product Engineer 2 at Cadence Design Systems in India typically ranges from ₹12.0 Lakhs to ₹23.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Product Engineer 2 at Cadence Design Systems earn more than ₹22.5 Lakhs per year, and the top 1% earn over ₹23.5 Lakhs per year. Product Engineer 2 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 8 Cadence Design Systems employees in India.

What is the estimated take home salary of a Product Engineer 2 at Cadence Design Systems in India?

The estimated take-home salary of a Product Engineer 2 at Cadence Design Systems in India typically ranges from ₹1,19,210 to ₹1,22,552 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹23.5 Lakhs per year for employees with experience ranging from 2 years to 4 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 8 salaries received from various employees of Cadence Design Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Engineer 2 at Cadence Design Systems ?

To be a Product Engineer 2 at Cadence Design Systems in india, the key skills required include:

- Automotive
- System Design
- System Verilog
- Aerospace
- Deployment

These skills are highly valued at Cadence Design Systems and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Cadence Design Systems for Product Engineer 2 in India?

UST	₹12.0 Lakhs to ₹25.4 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 Product Engineer 2 in companies similar to Cadence Design Systems in India?

The salary of a Product Engineer 2 at companies similar to Cadence Design Systems in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TE Connectivity	₹10.5 Lakhs to ₹15.0 Lakhs per year
TechnipFMC	₹8.4 Lakhs to ₹12.0 Lakhs per year
Servify	₹8.0 Lakhs to ₹12.0 Lakhs per year
Ameyo	₹5.0 Lakhs to ₹10.0 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 Product Engineer 2 at Cadence Design Systems in India?

The salary growth for a Product Engineer 2 at Cadence Design Systems depends on factors such as experience, performance, and promotions. On average, a Product Engineer 2 can expect the following growth trajectory at Cadence Design Systems:

Experience	Average Salary Range
2 years	₹12.0 Lakhs to ₹18.0 Lakhs per year
3 years	₹7.1 Lakhs to ₹23.5 Lakhs per year
4 years	₹15.7 Lakhs to ₹20.0 Lakhs per year

and so on.

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Cadence Design Systems Product Engineer 2 Salaries

Cadence Design Systems Product Engineer 2 salary in India ranges between ₹12 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Cadence Design Systems latest salaries received from various employees of Cadence Design Systems.