PTC Reviews

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1.0
Recommend to a friend
Approve of CEO
PTC CEO Jim Heppelmann
Jim Heppelmann
1 Rating

Pros
  • Work life balance with good career opportunities (in 50 reviews)

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

Cons
  • Work-life balance is sometimes a stretch (in 19 reviews)

  • Even though upper management talks about being more like Google, they fail to implement policies that would make it so (in 13 reviews)

More Pros and Cons

2 Employee Reviews

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  1. Helpful (2)

    Declining benefits, pay seems a bit below satisfactory.

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

    I have been working at PTC

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    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 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.


  2. Helpful (7)

    Company with no real strategic plan

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 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.



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