PTC purchases new companies but doesn't give regular salary increases to employees - Anonymous employee PTC Employee Review

2.0
Sep 22, 2013
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A regular paycheck Good healthcare coverage Good time off policies

Cons

Very little training Very little opportunities for career growth Pay is not the best No merit increases for a few years No bonuses unless you are at the top of the food chain PTC acquires new companies then terminates the unique culture at those companies Common message at company meetings is how great everything is going followed by: "we have a new strategy", "no merit increases for employees" , "more layoffs coming" and "we acquired another company" At the same time upper management continues to get fat stock bonuses

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5.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Good benefits Work life balance

Cons

Organizational structure changes Low growth internally

4.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Flexible, great colleagues, good HR training on goals and objectives

Cons

Depends on the group, toxic culture pockets exist, abusive and bullying behavior is laughed at and accepted rather than corrected, unclear strategy, business unit level vision is lacking, no accountability, several HR complaints against a manager go unaddressed, slow to change, can be chaotic, more interest in checking the box than hitting the right mark.

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