PTC Reviews in Needham Heights, MA
Great work-life balance with exceptional PTO policy(in 40 reviews)
Possible to work from home once or twice a week(in 11 reviews)
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)
1 person found this helpful
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 Senior Management – 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.
Yes, I would recommend this company to a friend
6 people found this helpful
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 Senior Management – 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.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company