2.0
Dec 19, 2022
Recommend
CEO approval
Business Outlook
Pros
Attempts to meet the most modern requirements.
Cons
1. Too low salaries, 3-4 times lower than that of employees in the USA. No pay raise in the last two years since Cadence acquired Numeca. The salary level is equivalent to 60% of the Belgian average for eligible positions in IT. Despite inflation of about 15%, no salary increase is foreseen. If the company remained Belgian, salaries would have to be indexed to inflation. But since the company was bought by Cadence the salary was not indexed. 2. Lack of career growth.