PTC Reviews in Needham Heights, MA

253 Reviews
3.2
253 Reviews
Rating Trends

Recommend to a friend
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PTC CEO Jim Heppelmann
Jim Heppelmann
114 Ratings

Review Highlights

Pros
  • This company has good work life balance and gives average salary as per industry standard (in 45 reviews)

  • Possible to work from home once or twice a week (in 12 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)

More Highlights

2 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Declining benefits, pay seems a bit below satisfactory.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Principal Consultant  in  Needham Heights, MA
    Current Employee - Principal Consultant in Needham Heights, MA

    I have been working at PTC

    Pros

    Although 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).

    Cons

    As 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 ManagementAdvice

    The 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.

    Recommends
    No opinion of CEO
  2. 6 people found this helpful  

    Company with no real strategic plan

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

    I worked at PTC full-time for more than 5 years

    Pros

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

    Cons

    New 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 ManagementAdvice

    Right 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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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