Great benefits, but ... - Principal Solutions Consultant PTC Employee Review

2.0
Oct 22, 2018
Recommend
CEO approval
Business Outlook

Pros

- PTO Policy is Awesome. 4 weeks to start (use it or lose it policy, no annual accrual) - Healthcare options are pretty decent, probably on the better side of things - Commuter benefits, but only in Boston - Opportunities to learn new things, especially on the IoT/Cloud side of things.

Cons

- Growing pains associated to transforming into a SaaS company. - Hyper-focus on margin inhibits true innovation/process improvement in the traditional LOBs. - Still an old boy network despite all the efforts to portray itself otherwise. - Limited opportunities for promotion unless you come from a certain set of demographics. - No meaningful feedback cycles on performance. You are literally expected to figure things out without any guidance, unless you are part of the key demographic groups. - Employees that don't live in Boston are generally treated as second class citizens. - Infrequent raises and promotions, even for well-performing employees

Explore other reviews about PTC

5.0
Jun 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Growing company that moves like a startup

Cons

Many acquisitions, constant state of change

4.0
Jun 17, 2026
Recommend
CEO approval
Business Outlook

Pros

the company overall is great to work for, people, benefits, etc.

Cons

the biggest con is pay is below market for this role.

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