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Concurrent Technologies Corporation

Is this your company?

ready the life rafts, the ship is going down - Anonymous employee Concurrent Technologies Corporation Employee Review

1.0
Jul 11, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Years ago there were many pros to working at CTC. Great co-workers helped to create an atmosphere that made it seem more like a family. Overall the benefits were good, but became pretty pricey over time. Pay was ok, and early on there was at least some sliver of hope of upward mobility.

Cons

The major con is executive management and the con job that they pulled on past and current employees. The decline started slowly a few years ago where periodic reductions in force took place, and accelerated over time to the point that recently on any given day when you went in, you weren't sure if you were going to be employed by the end of the day. Understandably, some cuts had to be made which is the nature of contracting as contracts come and go, but the excessive salaries, bonuses, and perks for the executives continued. All the while, town hall meetings were held to tell employees that everything was fine. The economy, sequestration, and every other excuse under the sun was used to explain away the decline in business. There is ZERO accountability for executive management in this organization. Employees that have stayed through the course of the decline have steadily taken on more and more job responsibilities with no appreciation and no compensation, all the while, they are told to be happy that they have a job. Management has run the company into the ground.

Explore other reviews about Concurrent Technologies Corporation

5.0
Jun 24, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work life balance, great people

Cons

Nothing to really say for cons

4.0
May 13, 2025
Recommend
CEO approval
Business Outlook

Pros

Very relaxed work schedule Excellent work-life balance Ideal for late-career professionals who want to slow down or transition into retirement ("take a knee") Low-stress environment with minimal urgency or pressure

Cons

Limited workload led to long periods of downtime Not suitable for early-career professionals seeking growth or hands-on experience Minimal opportunities to build or apply technical skills Caused self-doubt about personal value and technical expertise due to lack of challenging work

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