Teradyne Reviews

Updated June 29, 2015
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3.5
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Recommend to a friend
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Mark E. Jagiela
10 Ratings

Pros
  • The work-life balance is very reasonable (in 5 reviews)

  • Good environment, good people, many learning opportunities (in 4 reviews)

Cons
  • As layoffs continued, the workload for those remaining increased which negatively impacted the work-life balance (in 3 reviews)

  • senior management is all MBAs from Harvard and MIT (in 4 reviews)

More Pros and Cons

92 Employee Reviews

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  1. Challenging environment and industry

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

    I worked at Teradyne

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Interesting and challenging business problems to work through, especially in operations.

    Cons

    Do not value employees' career development, unless you are an engineer that wants to work on only one product for 20 years.

    Advice to Management

    Have a leadership development program, or some other mechanism for younger employees to get cross functional experiences before they leave.


  2. Planner

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

    I worked at Teradyne full-time

    Pros

    Benefits were great at the time. I'm not sure they still have the same benefits available.

    Cons

    There were lay-offs and outsourcing of jobs every quarter for years. Morale was affected.


  3. Not a bad place to work

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

    I have been working at Teradyne full-time

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Management does make an effort to engage employees

    Cons

    Engineering Projects tend to mean you are perpetually behind


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  5. Helpful (1)

    Senior sw engineer

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Teradyne

    Pros

    work-life balance location medical benefit .................

    Cons

    salary is not attractive culture is so so ...............,


  6. Wonderful Company. Great People.

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

    I have been working at Teradyne

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

    Pros

    The people are wonderful at Teradyne. The engineers are all incredibly talented and dedicated to their work and make sure to put out the best product possible. Management does their best to put you on good projects and are invested in your growth.

    Cons

    Teradyne has amazing people, but salaries are average.

    Advice to Management

    Consider increasing compensation.


  7. Helpful (3)

    Good place to settle down

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

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

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

    Pros

    Collaborative, supportive environment. Many talented, nice people. At the heart of a very relevant, highly technical industry (semiconductors). Many challenging assignments. Facilities are nice and kept clean, computer equipment decent. Review process is fair and transparent and career advancement and transfer quite possible. Management has figured out how to run the company profitably in any business climate, so layoffs are a thing of the past. One of the company values is "Honesty and Integrity in Everything We Do". I believe the company lives up to this to a very high degree, and this makes me comfortable and proud of working here.

    Work-life balance is quite good. Of course, you can always work many hours at any company, and your manager will be happy and won't force you to go home and spend time with your family and hobbies. But if you assert your need to have an outside life, Teradyne will generally be very supportive of this need. Hours are flexible and working from home is common, either during snow storms or more often once you have a track record of success and productivity. Many projects do have crunch times where longer hours are expected, but weekends are seldom directly requested by management, and even when they are, there's some flexibility. The development process is a document-heavy, phase-gate waterfall model, for the most part. Many people consider this a negative, but I count it as a "pro" because it makes life predictable, and schedules longer and less chaotic.

    Pay can be good, though I think it's uneven. In addition to salary, everyone gets profit sharing, which can equal one or two extra monthly paychecks per year in good years. Everyone can also divert up to 10% of salary to an ESPP for a guaranteed 15% gain in six months. Top performers get yearly bonuses of restricted stock that vests over five years. If you get these every year and build up a pipeline of them, it can be quite a nice bonus. The restricted nature of the stock means it costs dearly to walk away, the "golden handcuffs".

    All of the above, plus generous vacation policies for long-timers make this a place where many people stay a long time, or leave and come back. Many people spend their entire career here. Not because it's flawless, but because it's pretty good and you're generally treated with human dignity.

    Cons

    The consistent profitability of the company has come at a price. It's not run by the engineers anymore, and so it's not as much fun to work here. Schedule slippage is highly discouraged, and this can lead to pressure and a culture of fear. People are afraid to report bad news up the chain. However, quality is the bedrock of our business model, so it always wins in the end, so features will be cut or in some cases the schedule will be moved out if needed.

    This is not a place where cutting edge software technologies are used. Most of the products are very large, monolithic, decades-old systems. Therefore, they're very hard to change. The company and its customers are also risk-averse. We do advance in technology, but slowly.

    There are many nice and talented people here, but the workforce is uneven. Some incompetent people get in and can stay around for years. Teradyne also continues to outsource a lot of software and QA work to India and other places. The quality of these engineers is generally lower, compounding the difficulty of working with people who are far away in a different time zone and don't speak great English. Management thinks they are saving money by outsourcing, but the drag on the local workforce erases these gains and hurts morale.

    Schedules are getting more and more important, and righter and tighter. It's hard to know if this will get worse, or if the pendulum will swing back and work-life balance will remain good.

    Resource allocation sometimes changes suddenly due to re prioritization. This, coupled with long planning cycles and offshore teams results in a lot of inefficiencies from context switching and delivering software to QA before it's ready. The heavy top-down command and control structure means there's little an individual contributor or low-level manager can do about this.

    Training and career advancement is not as structured as it used to be. You need to design your own career advancement and assert your right to do training and side tasks.

    Our product hardware is in short supply, so when you need to work on the system, this can demand working odd hours.

    Advice to Management

    Stop using offshore resources. All of the savings are completely illusory. Everything they do needs to be reviewed or redone. We could do it a lot better and more efficiently if we had all local teams.

    Stop the culture of fear by encouraging honest reporting and finding some way to reconcile the inherent unpredictability of engineering with the need to meet customer commitments. Focusing on maintainability of software (rather than rewarding high line counts) might help.


  8. Career Opportunity

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

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

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

    Pros

    Good work-life balance, very traditional and conservative company. Make decision in a very methodical way.

    Cons

    The company provides a very conservative environment in terms of risk taking and mitigation and at times we felt it took too long to reach a decision but perhaps that's actually a good approach for a very traditional / conservative corporation.


  9. Good stable company

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

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

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    - Decent employee focus
    - good perks like stock options
    - great healthcare coverage
    - good HR team/policies

    Cons

    - lack of communication from top management
    - need to invest in better equipment (like state of art laptops etc.)
    - need more innovation and creativity

    Advice to Management

    - Compensation needs to be a little above par to attract the best talent
    - Need to make the workplace more fun and lively
    - encourage more flex work hours & work from home options (for suitable occupations)


  10. Good Place to Learn

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

    I have been working at Teradyne full-time (More than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    This place has a good mix of hardware/firmware and software. Even if you are not trying to actively learn about other technologies or areas of engineering, you will by the nature of the job. The work-life balance is very reasonable. I see people working putting in the whole range of hours, with some spending extra time because they want to and others putting in less because they get their work done.

    Cons

    The company has had a hard time being really competitive with pay. Pay is not everything, but it can't be discounted entirely. You can make enough to live a good life, but you may not be in the same boat as your friends.

    Advice to Management

    More effort needs to be put into staying competitive to keep and gain the talent. Don't let the short term savings blind you because it will be harder to gain back the loss once it's gone.


  11. Helpful (1)

    Looking Back...

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

    I worked at Teradyne full-time (More than 10 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Competitive benefits and pay when the company was thriving. Had both a Retirement and 401K for several years. Good amount of paid time off with a reasonable carry-over policy. Very upbeat culture in the early days. Until about 2007, I would have recommended it as a great place to work.

    Cons

    If you had a good manager, you were gold. If you didn't, employees were not protected from bad middle management. When they made layoff decisions, Senior Management rarely touched Middle Management but rather cut core expertise to hit the headcount goals. As layoffs continued, the workload for those remaining increased which negatively impacted the work-life balance. During the growth and decline periods, the company culture, which used to be outstanding, got lost along the way.

    Advice to Management

    Do a better job of making sure your middle management is trained to the level needed to manage effectively. When RIF decisions are made, be sure you have enough talent left to build the company back up as well as strong change management in place to handle the peaks and valleys that impact the dynamics of the company's culture.



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