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10 Reviews* in

CEO Approval

Company Rating

* Posted anonymously by employees (updated Nov 7, 2009)

Parametric Technology President, CEO, and Director Dick Harrison

Dick Harrison

President, CEO, and Director

22% Approve

Details

“Neutral”

3.3
1 - 10 of 10 Parametric Technology Reviews Sort by  

Nov 7, 2009

4.0

Parametric Technology Senior Consultant:   (Current Employee)

Pros

The people are by far the best reason to work at PTC, where it is easy to build a strong team and coworkers work well together. It is an exciting and dynamic workplace for Global Services professionals.

Cons

The work-life balance for GS professionals can make the job difficult. The job requires employees to spend the majority of the week on travel to remote job sites.

Advice to Senior Management

The company has had inconsistent priorities over the last 5-10 years, with executive management appearing not to fully understand nor successfully plan our business. Instead it has felt as if they are often reacting to unexpected situations as they happen, resulting in confusion and lack of confidence from employees (and often losing key employees because of this). It seems to be getting better, with a more proactive, rather than reactive, approach to our strategy. While it is important to challenge the organization, it is also important to build the confidence of our investors and show that we are and will be the leader in our industry.


Aug 24, 2009

2.0

Parametric Technology Account Manager in Paris (France):   (Past Employee - 2009)

Pros

Good place to learn about software sales

Cons

Incompetence of middle management
Package is a mirage
Very poor ratio revenue/pressure

Advice to Senior Management

Being more objective and involved on the field instead of staying at the office doing politics and learning the latest blackberry or Iphone features


Aug 7, 2009

1.0

Parametric Technology Senior Software Engineer in Needham, MA:   (Current Employee)

1 of 1 people found this helpful

Pros

relaxed culture, anything goes mentality, can work from home when ever you want

Cons

This company is old and tired. Nothing ever gets done. Top management isn't that great and most employees have no real career path. Most of the Needham building is empty with a lot of development being done in pune. Not all employees are bonus eligable.

Advice to Senior Management

Hopefully Jim can do a better job at the helm than Dick.


Mar 9, 2009

2.0

Parametric Technology Engineer II in Pune (India):   (Current Employee)

In QA...

Pros

Flexible timings, good resources ..

Cons

There are so called technical path and managerial paths for growth in QA.... rest assured if you are tech guy you wont get any thing neither will you be valued.......
collaboration means do what the lead wants.....
no space for tech leads...

Advice to Senior Management

Need to value the tech guys
Leads (non tech) should understand to collaborate with tech leads...


Dec 24, 2008

4.0

Parametric Technology Consultant in Orlando, FL:   (Past Employee - 2006)

A good start

Pros

PTC is a good place to start a career. There are plenty of mentors for entry-level employees and it is mostly a young and invigorating group of people you will be working with.

Cons

Things change at a quick pace so flexibility is a must.

Advice to Senior Management

Give your employees a little heads up when things are going to change.


Nov 26, 2008

5.0

Parametric Technology Business Support Team in Needham, MA:   (Current Employee)

Pros

great benefits & flexible work schedule; management very in tuned to work/life balance & it shows! I am extremely satisfied with my career & enjoy the people that make up our team. We all have great confidence in eachother & can rely on one another when things get tough.

Cons

Employee recognition process is not clear. hard to tell why same people get recognized all the time & others never do

Advice to Senior Management

Informal positive feedback goes a long way


Oct 28, 2008

5.0

Parametric Technology Anonymous in Needham, MA:   (Current Employee)

Pros

Teamwork is valued. If I need help with a problem, I feel comfortable asking for assistance from people beyond my immediate group.
Management understands that sometimes you just need a vacation, and scheduling vacations is easy.
The IT department is competent, and non-intrusive. I've got a ton of self-installed software on my machine, and no one's said a word.
Instant messenger use is encouraged. The interview was fun.
The environment is relaxed. There's plenty of parking, and now there's special parking spots for Hybrid vehicles next to the handicapped spots, near the entrance.

Cons

Sometimes the work has kept me late, and sometimes I feel very, very busy. It can be stressful.
Sometimes the cafeteria has nothing good to eat. There's no hot chocolate in the kitchens.

Advice to Senior Management

No one'll ever turn down a pay raise.


Sep 14, 2008

4.0

Parametric Technology Principal Software Engineer in Needham, MA:   (Past Employee - 2008)

Pros

The pay is very competitive. If you're in the right position you get many opportunities to control the direction of the products. They aren't afraid to try new technologies but typically takes years for them to make it into a shipping product.

Cons

Layoffs can happen after a bad quarter. Very typical corporate environment. Heavily into outsourcing so most meetings are held via conference call. Hours spent on the phone! Company is run by a salesman so everything is driven by the sales organization - sometimes to the detriment of R&D. They would think nothing of laying off key people in the middle of a project if it made the numbers work for Wall St.

Advice to Senior Management

Shorten the product release cycle.


Aug 12, 2008

3.0

Parametric Technology Section Manager in Pune (India):   (Current Employee)

Pros

Strong product portfolio, stable company

Cons

Old technology and resistance to change some of the core technologies in product development.

Advice to Senior Management

- Encourage newer models/technology in product development.
- Expand into other similar domains.


Jun 11, 2008

3.0

Parametric Technology Principal Consultant in Needham Heights, MA:   (Current Employee)

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.

1 - 10 of 10 Parametric Technology Reviews
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Parametric Technology Overview (PMTC )
Web
www.ptc.com
Industries
Size
5000+ Employees, $1B+ Revenue
HQ
Needham, MA
Competitors



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