PTC Reviews

Updated September 3, 2015
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439 Employee Reviews

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  1. Helpful (1)

    Good Company

    Current Employee - Anonymous Employee in Needham, MA
    Current Employee - Anonymous Employee in Needham, MA

    Pros

    smart people exciting work good management team

    Cons

    rapid change of strategy poor integration of acquisitions frequent restructuring of people

    Advice to Management

    none


  2. Client Service Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Needham, MA
    Former Employee - Anonymous Employee in Needham, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at PTC full-time (More than a year)

    Pros

    Very energizing company. A great global team, especially the europeans that have a different way to understand the market dynamics.

    Cons

    No cons to consider. My short period there was not enough to have any kind of bad feeling or complaint.

    Advice to Management

    Each region is different with different cultures and way to do business. It's mandatory to understand how it works to establish long term relationship with customers.


  3. Lot of Change

    • 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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at PTC full-time (More than 5 years)

    Pros

    Opportunity is there if you are agressive.

    Cons

    Company changes its focus frequently.

    Advice to Management

    Stay on the path


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  5. Helpful (3)

    Software Engineer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at PTC full-time

    Pros

    Flex time, great middle management.

    Cons

    Corporate strategy is not well defined. There is no merit increase every year.

    Advice to Management

    Avoid hiring relatives - it is bad for morale


  6. Helpful (5)

    Could be better

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Services Consultant
    Current Employee - Global Services Consultant
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    CEO has a great vision about technology and has plans to lead the company into next big thing, IoT.

    Cons

    Too much management overhead and poor decision making. for e.g. a bunch of people were let go and were re-hired within a week. work balance among employees is not good at all.


  7. Great place to work

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

    I worked at PTC full-time (More than a year)

    Pros

    PTC provides a very family-friendly work environment and plenty of opportunity to make a difference. People are super nice and collaborative resulting in a great place to work.

    Cons

    Company is in a business transition. Their historical businesses in CAD and PLM are struggling and their future will now be dependent on success in the Internet of Things market. This is risky, but can really turn things around.


  8. Technical Fellow

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Development Engineer, Technical Fellow in Needham, MA
    Current Employee - Software Development Engineer, Technical Fellow in Needham, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Flex time, working culture is great.

    Cons

    There is no merit increase every year.


  9. Helpful (2)

    VP Product Management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Product Management in Concord, MA
    Former Employee - Vice President Product Management in Concord, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at PTC (More than 10 years)

    Pros

    Great technology, driven culture. Very smart people.

    Cons

    Large organization = not so nimble at times. Lately seem to be very brutal in terms of laying good people off who are not in the "hot" organization.


  10. Helpful (17)

    Morale and Company Interest in Employees at an All Time Low

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at PTC full-time (More than 8 years)

    Pros

    You get some PTO here.

    Cons

    The company has laid off 10% of the workforce in the last 8 months. People, GOOD people, who have been with the company over 20 years were just shown the door. Realize that many of these people were technical people, not managers or, god forbid, executive management. Layoffs at this company abound - you can set your watch to it. This time the cuts were deeper than usual, however. The company's loyalty is not with its people. They would seemingly rather lay people off and retrain new ones instead of finding positions for good people and not have to retrain. Consequently, we are all looking over our shoulder constantly. Merit increases had been suspended last Fall until July of this year. They never did really say why. No raise/promotion again for me this year, even with the highest performance rating one can get. The performance review at this company is a formality, and has no bearing/influence on any aspect of your "career" here. Rather, the company is all about nepotism and cronyism. If joining this company on a technical track, you will not flourish here; you will stagnate.


  11. Helpful (2)

    Intern at PTC

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Intern in Needham, MA
    Current Employee - Intern in Needham, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work environment Awesome benefits Opportunity for growth

    Cons

    Nothing bad to say about PTC!



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