PTC Reviews

Updated July 30, 2015
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3.2
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Approve of CEO
PTC CEO Jim Heppelmann
Jim Heppelmann
191 Ratings

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

415 Employee Reviews

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  1. Featured Review

    Helpful (4)

    On a fast track to change and innovate

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

    I have been working at PTC full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Company is quickly moving resources and making acquisitions in a very hot space, the Internet of Things - Still focused on growing its core business (CAD, PLM, etc.) for thousands of customers - Culture of empowerment. If you are willing to step up, make things happen, you can succeed and thrive - Strong, compelling vision from the CEO - Good flow of communication despite being a larger, geographically dispersed business

    Cons

    - Rate of change may be difficult for some - Culture going through transition and that always takes time

    Advice to Management

    Pedal to the metal on the growth strategies. Better coffee and free soda.


  2. Project Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Chelmsford, MA
    Former Employee - Project Manager in Chelmsford, MA

    I worked at PTC (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I really enjoyed my time at PTC and tried to get a full time position there. The people at PTC were great and the work that they are doing is high tech and at the forefront of technology. It is very fast moving and management let's you run with your ideas to accomplish goals.

    Cons

    As a contractor doing a great job it was often difficult to get management in other departments that you may want to apply to recognize the work you did as being successful and to take a chance with you.

    Advice to Management

    The top level management wants to act more entrepreneurial and be more agile, but that does not always get translated into actionable results at the lower levels. IT could improve their image by creating ambassadors that would work with the other departments to implement their needs.


  3. Helpful (5)

    A Company in Decline

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at PTC full-time (More than 8 years)

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

    Pros

    * Decent severance package when you (inevitably) get laid off. * Flexible work schedule / location

    Cons

    * Non-competitive wages. * Twice-yearly layoffs. Multi-year hiring freeze. * Toxic morale. People are openly talking about finding new jobs in the hallways. * Stale technology * Too many layers of management that do not add value.

    Advice to Management

    Time to clean house. You are a slow, lumbering company that has no vision.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (8)

    Great people stifled by inept management

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

    I worked at PTC full-time (More than 3 years)

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

    Pros

    My coworkers were a great bunch, and probably the only reason I stayed as long as I did. The benefits were standard for this type of job, but probably better than the average US worker

    Cons

    Inept mid level management A vice president of XYZ dept for every day of the week. Having no less than 5 different managers in 8 years due to high turnover Constant company wide freezes on raises No clear cut milestones for advancement Meetings about meetings Constant changes of direction and operating procedures with no benefit. Truly the blind leading the blind

    Advice to Management

    Failing to reward high quality work from employees in a timely fashion results in burnout and attrition. No rational person will work at peak performance for 2 years just to get the raise they deserved after the first year, along with the expectation that they'll continue to take on even MORE work.


  6. Helpful (4)

    Plan To Change

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

    I worked at PTC (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fast paced company with intelligent, driven, and motivated people. Job responsibilities will challenge you in many ways. It's a sink or swim environment,.

    Cons

    It's a sink or swim environment. Little thought is given to mentoring or growing resources. Growth is your responsibility and you will either grow and swim or become stagnate and sink. The management structure is very top heavy. There are managers of nothing and of no one. There is little cross department support or communication.


  7. ok

    Former Employee - Product Manager in Needham, MA
    Former Employee - Product Manager in Needham, MA

    I worked at PTC (More than 8 years)

    Pros

    flexible work hours, good people

    Cons

    minimal advancement opportunity; communication on corporate direction goals often evasive


  8. Helpful (1)

    Prepare to Change

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

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

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

    Pros

    Market Comparable Compensation+ Flexibility+ Really good Products+

    Cons

    No Work life balance Way too much politics. Company changes direction way too fast


  9. Helpful (2)

    VP

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at PTC full-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great technology, benefits and leadership. Fun, aggressive place to work, learn and grow in your career. Performance based environment that is rewarded.

    Cons

    Work-life balance was challenging at times. Constant change. Sometimes the goal post seems to move. Targets change midstream at times.

    Advice to Management

    Stay focused. Change for the right reasons is good. Make this next stage happen and keep the success moving forward.


  10. Helpful (5)

    Complex org structure compared to it's size & revenue.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant
    Current Employee - Senior Consultant

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

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

    Pros

    Benefits are good with PTOs based on service years, 401k match of max of 3%, 3 floating holiday, 5 sick leaves, decent health insurance, professional study reimbursement etc. Good work life balance unless you are travelling. Good performance review process. Work from home option is a catchy lure.

    Cons

    Strategy keeps changing with every acquisition. More time spent in company acquisitions than successful integration planning. Poor talent retention & job safety. Most of the employees are acquired. Hence leads to corporate politics.

    Advice to Management

    Please try to successfully integrate with acquired company, else dont acquire to it to kill competion.


  11. Helpful (3)

    Product Manager

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

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

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Good PTO. Work life balance is good if you are at corporate.

    Cons

    Few opportunities to grow. Career path is just talk once you reach principal level.



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