PTC Reviews

Updated September 13, 2014
Updated September 13, 2014
247 Reviews
3.2
247 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
PTC CEO Jim Heppelmann
Jim Heppelmann
111 Ratings

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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great Place to Work with lots of opportunity to learn and grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Development Engineer  in  Blaine, MN
    Current Employee - Software Development Engineer in Blaine, MN

    I have been working at PTC full-time for less than a year

    Pros

    Great Benefits and an open atmosphere that allows you to choose your own career path if you work for it. There are also very few rigorous deadlines and management keeps the workload at a manageable amount, which keeps the stress out of your average day.

    Cons

    Large corporate structure does slow down decision making and some of the tools and technologies being used are outdated because of the inability to quickly adapt to the changing industry - I believe this is mostly because of the size of the company and the freedom teams get over their daily work makes them complacent and hesitant to make changes.

    Advice to ManagementAdvice

    Push for innovation, even where employees and business units are doing well.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Underpaid but Appreciated

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

    I have been working at PTC full-time for more than 8 years

    Pros

    Flexibility, Work-Life Balance, Possible Promotions, Vacation Days, Co-Workers, Customers

    Cons

    Lower than Median Pay, Office locations aren't ideal, Management Heavy

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Work Hard, Great People

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

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

    Pros

    Amazing colleagues, forward thinking company that is ever expanding, growing and allows for extremely motivated people to be challenged. The products and customers are robust and you will have the opportunity to meet amazing people from around the globe.

    Cons

    Management seems to change course constantly, but that could be because it is ever evolving. Promotions take years to obtain, raises are not provided often. Very political company.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Neutral

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

    I have been working at PTC full-time

    Pros

    People are good, seem to be heading in the right direction

    Cons

    Culture isn't as forward-thinking as many long-term employees seem to think it is

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Great technology but poor leadership

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

    I worked at PTC full-time for more than 3 years

    Pros

    Great products many coming from acquisitions and becoming integrated, however, they've lost some talented CTO and other top technologists. Talented people, decent benefits, most positions offer flexibility of home office.

    Cons

    Internal competition between software sales and services makes for friction and not cooperation. Rumors of RIFs and even senior people shaken. Appears to be forsaking engineering roots in favor of pursuing operations market (service life, embedded monitoring IoT). VPs manage upward, rather than leading or inspiring their people. Numbers-driven, rather than focus on customer success.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Acquisition Hell

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

    I worked at PTC full-time for more than a year

    Pros

    Good pay
    Great opportunities to work from a home office
    Nice people, for the most part

    Cons

    Too much process standardization / discipline
    Lack of focus on customer relationships
    Too many acquisitions in a short timeframe

    Advice to ManagementAdvice

    In my opinion, any company that has a documented process for customer escalations (lots of them), is not a company I would want to work for.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Increasing burnout of good people

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

    I have been working at PTC for more than 5 years

    Pros

    Good people, smart and passionate about the work

    Cons

    Heavily matrixed, inconsistent practices, too many chiefs, highly reactive

    Advice to ManagementAdvice

    For service personnel the load is untenable - the last several years has gone from decent work life balance to increased pushing of very good people to perform at unsustainable levels.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Was a great ride

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

    I have been working at PTC full-time for more than 10 years

    Pros

    Great corporate facility, lots of great people to work with. Over my tenure I have generally done well: travel, salary, roles.

    Cons

    Increasing lack of focus on corporate direction. High level theme is constant but path to achieve is ever changing: PTC = Prepare to change. Loss of confidence in senior management over time. Growth opportunities diminish in the medium to higher ranks.

    Advice to ManagementAdvice

    Focus on something instead of everything. Add diversity to the corporate environment.

    Neutral Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Only the most aggressive succeed here

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

    I worked at PTC full-time for more than 3 years

    Pros

    Cool products, lots of smart people

    Cons

    This is not a 9 - 5 type of place. More like 5 - 9 is the expectation.
    Raises are minimal if at all.
    As an employee I never felt that I really knew what the company's vision was because they changed it every 6 months.

    Advice to ManagementAdvice

    Listen to your customers, PTC used to be the leader in the CAD industry but its not the 1990's anymore...

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    Good Company

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

    I worked at PTC for more than 3 years

    Pros

    Great products, learned a lot at this company.

    Cons

    Many changes in sales staff/management

    Recommends
    No opinion of CEO

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