PTC Reviews | Glassdoor

PTC Reviews

Updated August 21, 2017
884 reviews

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3.6
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PTC CEO Jim Heppelmann
Jim Heppelmann
459 Ratings

884 Employee Reviews

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Pros
Cons
  • Lack of long term strategy and work/life balance (in 38 reviews)

  • Communication from upper management is poor (in 26 reviews)

More Pros and Cons

  1. Featured Review

    "New PTC - best place I've worked!"

    StarStarStarStarStar
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Leading innovative products, talented employees who can make a difference and are rewarded for it, a collaborative culture, an executive team that are all rowing in the same direction all make PTC a great place to work, especially if you pride yourself in making a difference and achieving great things. People are friendly, very smart, and want to make a difference. Friday social hours, employee resource groups, change-maker recognition, and stock grant to all employees demonstrate a focus on the importance of our people, who make everything possible.

    Cons

    PTC wants to drive positive change, and while the company emphasizes and rewards this, there are still pockets of resistance, which is probably to be expected in a 30-year old company. Some people have been at PTC so long, that while they have great historical, institutional knowledge, they don't have much perspective on how others outside are solving problems today.

    Advice to Management

    Continue to move fast to win in IoT and to complete the business model move to subscription. Recognize and reward the employees (at all levels) who are driving the transformation.


  2. "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant
    Current Employee - Consultant
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Work life balance, Freedom, can work from anywhere (for the most part) and travel

    Cons

    Also travel 80% , hard to talk to the right people sometimes, and the direction for your career isn't always easy to know

  3. "Overall Good Workplace, Good People, Good Atmosphere"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Support Engineer in Exton, PA
    Current Employee - Technical Support Engineer in Exton, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Work life balance is good, people are good, lots of time off, paid on call

    Cons

    Mismanaged at times, disorganized, poor documents available

    Advice to Management

    Everything should have a process, and everyone should use it


  4. Helpful (1)

    "Be Cautious"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Consultant in Atlanta, GA
    Former Employee - Software Consultant in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    You get to keep your earned points from traveling.

    Cons

    Below market pay for consultants.
    You'll barely speak to your career manager or upper management at all, so no one will be aware of your work ethic and value you bring to the company when it's review, promotion, and raise time.
    They do layoffs often.
    They are supper focued on Thingworx and IOT, which isn't taking off as they hoped, so PLM, SLM, RFA, WFM, and other segments are lacking in projects and attention, equating to layoffs, not paying out bonuses, and revenue loss.
    Be prepared to travel every week as a consultant.

    Advice to Management

    You should get to know your consultants and go to bat for them instead of seeing them as a number who is simply on a project or on the bench.


  5. "Analyst"

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

    I have been working at PTC full-time (Less than a year)

    Pros

    The team is motivating, inspirational, supportive, human and approachable. I have access to amazing mentors who are SVP in the company. Big career opportunities.

    Cons

    Know how to be independent and work on your own

    Advice to Management

    keep up the culture change


  6. Helpful (5)

    "The "new PTC" is great... if you still work there"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Blaine, MN
    Former Employee - Anonymous Employee in Blaine, MN

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

    Pros

    Great benefits--wellness time, tuition reimbursement, 401(k) match, medical/dental, occasional stock grants, generous PTO
    Challenging work--opportunities to use modern tools and grow in the industry
    Smart, friendly, talented, and innovative coworkers--some of the most amazing people I've ever worked with

    Cons

    For the last couple years, since the division VP of R&D came on board, the corporate environment has changed. Layoffs happened every 3-6 months, lowering morale and increasing workload. The highest levels of management value flashy but small innovations, rather than people who have been contributing steadily to the company over several years.

    Advice to Management

    The company is making a lot of short-sighted decisions. Reward loyalty as well as innovation. Pay attention to the good things happening at satellite offices instead of trying to consolidate locations--this is a tech company and we can get things done virtually. Consider building on what you have, rather than purchasing new companies and laying off legacy employees to fund those efforts.


  7. "IoT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PTC full-time

    Pros

    Innovative high growth company

    Cons

    Disconnect between the very few at the top that define corporate and product strategy and the leaders responsible for being tech to market

    Advice to Management

    Engage those that know the market and technical subject area in strategic decisions & empower your leaders

  8. Helpful (3)

    "Decent company that can't decide on a direction"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Support in Blaine, MN
    Former Employee - Technical Support in Blaine, MN
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Relaxed atmosphere
    - VERY generous PTO policy
    - Interesting work and good people on the ground level

    Cons

    - Company changes direction every few years. Each change brings lots of U.S. layoffs... and then a few weeks later lots of hiring in India
    - A lot of nepotism. You'll see the same last names over and over again

    Advice to Management

    Figure out a direction and stick with it. Stop abandoning projects half way through


  9. "PTO is good, layoffs are not"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at PTC full-time

    Pros

    Generous benefits, PTO, and wellness time policy. Most teams flexible about allowing WFH as needed.

    Cons

    Increasingly regular US layoffs & moving work offshore have a major negative impact on morale.

    Advice to Management

    Find a strong direction and stick with it. If your employees are truly your most valuable resource, treat them that way.


  10. Helpful (4)

    "Quarter by quarter focus = ADHD"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - R&D in Blaine, MN
    Former Employee - R&D in Blaine, MN
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    If you can find a good manager, you'll be better off.

    Cons

    Quarterly layoffs are common because of frequent mission shifts.


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