Cisco Systems

Cisco Systems, Inc. (NASDAQ: CSCO, NYSE: CSCO, SEHK: 4333) is an American-based multinational corporation that designs and sells consumer electronics, networking, voice, and communications technology and services. Headquartered in San Jose, California, Cisco has more than 70,714 employees and annual revenue of US$ 40.0 billion as of 2010. The stock was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ 100 Index and the Russell 1000 Growth Stock Index.[4] Cisco is one of the world's biggest technology corporations.[clarification needed][citation needed]

In a fascinating history, Cisco Systems was founded by a husband and wife team that worked together in computer operations at Stanford University. The company was founded in 1984 and went public in 1990. The founding couple walked away with a lot of cash, and later divorced. During the peak of the dot com boom, Cisco was the most valuable company in the world (at the time, they were valued at more than $500 Billion). Cisco is known for utilizing extensive acquisitions to fuel their growth.

Cisco Systems Company Culture:

While Cisco employees are known to work long hours, they are also very team oriented and often participate in fun activities designed to build teamwork. Corporate Citizenship is a very important value at Cisco. The company is listed as one of the "Hall of Fame" best companies to work for in 2006 by Fortune magazine.

Compensation at Cisco Systems:

Cisco has been known to pay very well, in both base salary terms and in terms of additional compensation, such as stock purchase programs and bonus programs. With extensive, comprehensive benefits programs and on-campus activities, Cisco has a reputation for taking very good care of its employees. Education and training are also priorities, and the company commits generous resources to this area.

Posted in: