PTC Reviews | Glassdoor

PTC Reviews

Updated May 28, 2017
844 reviews

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Full-time Part-time

3.4
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PTC CEO Jim Heppelmann
Jim Heppelmann
431 Ratings

844 Employee Reviews

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

  • No sense the upper management cares about Co (in 25 reviews)

More Pros and Cons

  1. "Great"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Services Consultant in Grafton, MA
    Current Employee - Global Services Consultant in Grafton, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PTC (More than 5 years)

    Pros

    Great place to work, most employees are friendly and maintains a great depth of integrity. Promotions are given to those who deserve it and there isn't a lot of bias when it comes to promotions

    Cons

    They keep letting trained people go while hiring new people who require training every year . There is a lot of nepotism going on in the company


  2. "Sales"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in Atlanta, GA
    Former Employee - Sales in Atlanta, GA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Very good solution stack historically . CEO strong technical visionary but weak operationally with a naiveness, insecurity and immaturity that hinders his other strengths . Historically strong international business .

    Cons

    Nepotism does rule with services and operating execs in positions they wouldn't have attained without blood relationship. Historically strong sales culture has been eroded and no longer regarded as a company strength. Strategy exec has too much influence and been around too long . Needs to go .

    Advice to Management

    Board needs to dig in


  3. Helpful (3)

    "Typical Corporate America"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Principal IT Consultant in Atlanta, GA
    Former Employee - Principal IT Consultant in Atlanta, GA
    Doesn't Recommend

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

    Pros

    Paychecks came on time, benefit options were pretty fair. When I was diagnosed with cancer, they worked hard to make sure I was covered and when I wasn't able to do my job, they offered a generous severance package.

    Cons

    The company that I had been working for was bought by PTC. We were promised that no one would be fired, which lasted about 6 months, wherein many of the very valuable people from my old company were let go. Working conditions and morale tanked.

    Advice to Management

    Maybe it's only the companies you buy, but more timely, meaningful communications would go a long way to onboarding a new acquisition. Taking away seniority, raises, and holding back the onboarding plan does not help morale or acquired employees sense of trust.


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  5. Helpful (5)

    "OK place. They rely on a select few to do all the work. Many VPs who do nothing and make tons."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Director in Needham, MA
    Current Employee - Finance Director in Needham, MA
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Strong products, solid vision, some very talented people are around to do the vast majority of work. Decent PTO packages.

    Cons

    Restructuring every quarter. New plans that never pan out each quarter. Burns out good workers. Can't execute on plans. Cheap to invest in tools where needed.

    Advice to Management

    Stop hiring management and hire some staff to do all the work you need done.


  6. Helpful (2)

    "Consulting"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in Philadelphia, PA
    Former Employee - Senior Consultant in Philadelphia, PA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at PTC (More than 5 years)

    Pros

    Cool Technology. Company continually invests in new things.

    Cons

    Yearly Turnover and Lousy Mid-Level Mangement. Company does purge every 2 years or so. Pay ceiling. Will replace you with cheap inexperience labor or overseas labor. More important to keep price down than worry about satisfied customer. More bodies to charge customer the better.

    Jumps on new technologies, at expense of current customers and technology support. Will put millions in newest acquisitions, while at the same time cut outlays on existing products.


  7. Helpful (1)

    "Nepotism Reigns Supreme at PTC"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Needham, MA
    Former Employee - Anonymous Employee in Needham, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Some very smart people who toil away in oblivion and without any recognition. Decent PTO and Birthday Day off.

    Cons

    Nepotism is stifling PTC. It's an unheard-of situation, where a father and son are members of the executive suite, with offices next to each other, and the CEO has his brother working at the company. This sets the tone for the rest of the organization, with multiple father-son, and father-daughter teams across the organization.

    While they try to have a vision for market trends, PTC as an organization is so ineffective because it is stacked with layers and layers of upper middle management who cannot drive innovation if their lives depended on it. Instead, they sink deeper into process,

    With each initiative failing, they come up with a new version of a vision, without realizing that you need the right human resources to execute. It's hard to align for the right resources when you do layoffs and buyouts so frequently.

    The Wall Street Journal has published a number of articles on PTC since late October 2016, and their analysis merits reading, so check those out.

    Advice to Management

    Develop a true talent strategy. Hiring fresh out of college folks who are paid minimum wage, and who leave in a year or two for better paying positions elsewhere is not a healthy or viable talent management strategy. But then PTC does not view people as talent, but merely as numbers.


  8. Helpful (5)

    "Backstabbing with no conscience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Needham, MA
    Former Employee - Anonymous Employee in Needham, MA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Jim Heppelmann is doing well at a tough job navigating PTC's transformation

    Cons

    Nobody feels safe, so there is no advantage to taking risks

    Advice to Management

    If people have to focus on internal battles, how will you win the real battles?


  9. "Good benefits, good people"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at PTC full-time

    Pros

    Smart developers, great benefits, start out with 20+ days if PTO.

    Cons

    Executive leadership didn't seem committed to delivering great experiences for end users.


  10. Helpful (3)

    "Long time employee"

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

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

    Pros

    PTC is going thru a cultural shift. Things are changing quickly at the company and employees are empowered to come up with new ideas and new ways of doing things. All jobs are highly visible at the company and you can make an impact at any level. It's not the type of place where you'll be bored. You will be challenged.

    Cons

    The environment is not for everyone. If you can't deal with change and some ambiguity it's not for you. You will work hard. You have to go outside your comfort zone, you have to raise your hand for projects. If you come up with an idea, it's yours to execute.

    Advice to Management

    Keep listening to new ideas from your employees. Keep adding new perks and benefits as you have been doing the last few years.


  11. Helpful (1)

    "Program Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Program Manager in Atlanta, GA
    Current Employee - Program Manager in Atlanta, GA
    Neutral Outlook
    Approves of CEO

    I have been working at PTC full-time (More than 8 years)

    Pros

    Dynamically changing company. Ability to move into new positions and try new things.

    Cons

    Everyone appears overworked. As company transitions, they run very lean and resources have too many tasks.


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