The appraisal cycle got moved - Senior Software Engineer PTC Employee Review

2.0
May 12, 2024
Recommend
CEO approval
Business Outlook

Pros

The company is good for work life balance and has a good work culture

Cons

Very less opportunity for growth. The new CEO seems to have changed the whole direction of the company and away from IOT. The new CEO moved the appraisal cycle from April to November this year thats a long time. I think its difficult for people to feel the heat of inflation and rising rent costs when they are sitting high up the ladder. Very disappointed.

Explore other reviews about PTC

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to work and play

Cons

More travel than I expected.

4.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Great people, customers, products. The culture has improved significantly over the past 5 years or so, and now feels like a relatively modern software company. Exec leadership is very good, Neil is fantastic.

Cons

Mid-level exec leaders, VP level, are still very political. Salaries are way below average.

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