Companies Altera (altera.com)

Altera (altera.com)

San Jose

Total Offices: 9

1,612 Total Employees

Year Founded: 1983

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Altera (altera.com) Compensation & Benefits

Updated on September 09, 2026

This page summarizes recurring themes identified from responses generated by popular LLMs to common candidate questions about Altera (altera.com) and has not been reviewed or approved by Altera (altera.com).

How are the compensation & benefits at Altera (altera.com)?

Strengths in retirement support, leave breadth, and family-focused benefits are accompanied by challenges around raise processes, perceived fairness, and comparatively underwhelming perks. Together, these dynamics suggest a comprehensive core package that delivers moderate overall satisfaction due to concerns about progression and the distinctiveness of non-core benefits.

Key Insight for Candidates

Defining pattern: robust, traditional core benefits—health coverage, competitive 401(k), and even a pension—contrasted with lighter perks and active change from the spin‑out and new majority owner. This gives solid baseline security but moving targets. Ask for the latest benefits guide to confirm premiums, match, and leave.

Evidence in Action

Core Coverage With Pension — 401(k) 6% match and a pension, alongside medical/dental plans, FSA/HSA, and generous parental leave, are central features in recurring employee feedback. This mix delivers strong healthcare and family security, anchoring satisfaction around fundamentals over lighter perks.
Standalone Benefits Governance — Silver Lake 51% stake and Intel 49% retention, plus dedicated HR/benefits programs post‑relaunch, establish independent benefits governance. This structure drives periodic plan updates and potential carrier or cost changes during transitions, directly shaping employees’ total rewards expectations.

Positive Themes About Altera (altera.com)

Retirement Support: Feedback suggests retirement programs are robust, with offerings such as a 401(k) and a pension. This breadth supports long-term financial security.
Leave & Time Off Breadth: Feedback suggests time-off policies are generous, including PTO, paid sick days, and paid holidays. Wellness initiatives like gym memberships further support balance.
Parental & Family Support: Feedback suggests parental leave is generous. Family-building support, including fertility benefits and adoption reimbursement, is highlighted as part of the package.

Considerations About Altera (altera.com)

Stagnant Pay & Limited Progression: Feedback suggests the process for receiving raises is stressful, and many employees do not receive them. This dynamic signals uneven progression opportunities and creates tension.
Unfair & Opaque Compensation: Feedback suggests raise outcomes feel uneven across the workforce, fueling perceptions of unfairness. Calls to increase wages broadly rather than for select groups reinforce equity concerns.
Perks & Wellbeing Gaps: Feedback suggests overall perks and benefits are viewed as decent but not standout. Comparative assessments place the package below similar-sized peers, particularly on discretionary perks.

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These insights are generated using AI and may not reflect internal data or verified company information. They are intended solely for general informational purposes and should not be considered a definitive assessment of the company’s reputation. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.