PTC

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PTC Reviews in Needham Heights, MA

All Employees Current Employees Only

2.0 2 reviews

0% Approve of the CEO

PTC CEO Jim Heppelmann

Jim Heppelmann

(1 ratings)

50% of employees recommend this company to a friend

Review Highlights

Pros
  • Great work-life balance with exceptional PTO policy(in 40 reviews)

  • Possible to work from home once or twice a week(in 11 reviews)


Cons
  • No work/life balance or respect for worker's interests/career development(in 16 reviews)

  • At the same time upper management continues to get fat stock bonuses(in 11 reviews)

2 Employee Reviews Back to all reviews
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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Declining benefits, pay seems a bit below satisfactory.

    Principal Consultant (Current Employee) Needham Heights, MA

    ProsAlthough benefits have weakened over the years, PTC still offers reasonably good benefits to employees. Folks are generally very talented and hard working, without excessive political infighting filtering down from upper management (I'm sure it exists, though).

    ConsAs a mid-cap public company, it operates at the whim of investors. A missed quarterly target can easily result in layoffs just to keep shareholders happy. And it definitely has the big company feel - very hard to be agile.

    Advice to Senior ManagementThe company's aggressive growth strategy and focus on financials can be dispiriting, especially when overly-aggressive targets can not be reached by employees pushing themselves to the limit.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    6 people found this helpful  

    Company with no real strategic plan

    Director (Former Employee) Needham Heights, MA

    ProsI've survived roughly 15 layoffs over the past 7 years. Probably because my salary is below market.

    ConsNew CEO has a multimillion dollar bonus tied to EPS growth. The plan to acheive this is through constant layoffs, elimination of merit increases and other random reductions.

    Advice to Senior ManagementRight size the company once and for all instead of constantly having layoffs. Bring in new executives who are not beholden to the CEO and will challenge him.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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