PTC Reviews

Updated March 24, 2015
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3.2
82 Reviews
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PTC CEO Jim Heppelmann
Jim Heppelmann
144 Ratings

82 Employee Reviews

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  1. Good pay and a great company focusing in IoT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Assistant in Needham, MA
    Current Employee - Research Assistant in Needham, MA

    I have been working at PTC

    Pros

    Pay, holidays, events to promote the company

    Cons

    Really rigid structure, minimum social interaction

    Advice to ManagementAdvice

    Increase social interaction and implement more flexibility

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful

    Good work life balance, compensation below average.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Needham, MA
    Current Employee - Anonymous Employee in Needham, MA

    I have been working at PTC full-time (more than 10 years)

    Pros

    Really smart co-workers, good work/life balance, easy parking :)

    Cons

    compensation is below average.

    Advice to ManagementAdvice

    Compensate your employees fairly and you will nail it.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. Enjoyed working at PTC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Tax Accountant in Needham, MA
    Former Employee - Senior Tax Accountant in Needham, MA

    I worked at PTC

    Pros

    Great work life balance, wonderful people.

    Cons

    Limited advancement opportunities for career growth.

    Advice to ManagementAdvice

    Bonuses should be offered to lower level contributors.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. Extremely satisfied and committed PTC employee for well over 10 years!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager With Reports in Needham, MA
    Current Employee - Manager With Reports in Needham, MA

    I have been working at PTC full-time (more than 10 years)

    Pros

    I love the people I work with on a daily basis including my direct manager(s). I'm always being challenged and encouraged to develop my skills. You can transfer internally and many of the promotions come from within, so there are plenty of opportunities for growth. PTC has an excellent time-off policy and most managers are flexible in regards to your work schedule, if required. I believe that my compensation package is more than fair and I have always been taken care of at the right times.

    Cons

    Our health care benefits get worse every couple of years. We pay much more "out of pocket" expenses now and receive less care. PTC should cut back on the nonessential costs taking money away from their employees and families. The extra costs add up, mostly when you don't receive a raise that year.

    Advice to ManagementAdvice

    I applaud Jim and team for their early vision and actions to become an IoT leader! They need to make sure all of the employees are behind this move or we will not be successful. This is a big year for PTC!

    Recommends
    Neutral Outlook
    Approves of CEO
  6. Good place to work, though compensation could be better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal Software Engineer in Boston, MA
    Current Employee - Principal Software Engineer in Boston, MA

    I have been working at PTC full-time (more than 8 years)

    Pros

    Flexible hours, remote working from home, personal offices for R&D developers, good PTO

    Cons

    Salary is below average. Health benefits are getting more expensive year after year.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 3 people found this helpful

    Since Organization Restructuring in October 2014 PTC continues to Layoff Employees with Two Additional Rounds!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Global Services in Needham, MA
    Current Employee - Global Services in Needham, MA

    I have been working at PTC full-time (more than 8 years)

    Pros

    None! Only way PTC Management knows how to continue to achieve their revenue numbers is through layoffs. Laying off employees is becoming a full time job for management at PTC, so at least some people are not in fear of their jobs.

    Cons

    IoT is taking priority over all else, if I were an existing client and not interested in IoT I would certainly be looking at PLM, ALM, SCM and CAD alternatives.

    Advice to ManagementAdvice

    PTC and Global Services in particular continues to allow clients to engage Global Services consulting without having signed contracts, SOW or Letters of Engagement in place, a very risky practice that companies interested in acquiring PTC would be very interested in knowing.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. Nice Place To work But no Raise

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Needham, MA
    Former Employee - Software Engineer in Needham, MA

    I worked at PTC full-time (more than 5 years)

    Pros

    Very good product, Very nice people to work with. Very capable people with great ideas.

    Cons

    No raise in 7 years.

    Advice to ManagementAdvice

    Cost of life increases every year so should the salaries.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful

    Some good some bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Resource Planning Specialist in Needham, MA
    Former Employee - Resource Planning Specialist in Needham, MA

    I worked at PTC full-time (more than 5 years)

    Pros

    Nice people. Good exposure to a professional global environment.

    Cons

    Not much room for advancing your career. Company is tight with salary increases & promotions. They don't do anything to reward or thank long term employees. .

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 7 people found this helpful

    Not much opportunity for growth, okay benefits, good people dropping like flies

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Needham, MA
    Current Employee - Anonymous Employee in Needham, MA

    I have been working at PTC full-time (more than 3 years)

    Pros

    Learned a lot by working with some of the most intelligent people I know

    Cons

    Management hasn't seemed to take a hint with the number of people that have left within the last year. The work-life balance has gone downhill significantly and merit raises were pushed back 6 months this year. People are doing more work for less pay. Multiple have been told by management that if they aren't happy they should leave.

    Advice to ManagementAdvice

    If you want to stop losing good employees, start recognizing hard work and dedication.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. PTC is a company with a bright trajectory ahead that has affordable its employees excellent opportunity for growth.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Inside Sales Manager in Needham, MA
    Current Employee - Inside Sales Manager in Needham, MA

    I have been working at PTC full-time (more than 5 years)

    Pros

    Stable, Exciting, Forward-thinking, good people, successful

    Cons

    poorly marketed, tough competition, work-life balance could be improved

    Recommends
    Positive Outlook

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