PTC reviews

4.1

89% would recommend to a friend

(421 total reviews)
avatar

Neil Barua

85% approve of CEO

80% positive business outlook

Reviews by job title

421 reviews

Reviews about "Compensation"

Return to all reviews
5.0
Oct 31, 2013
Recommend
CEO approval
Business Outlook

Pros

Local management really cares about employees Co workers always willing to help Extensive training program for new hires Monetary rewards for helping others Room for quick growth if you push yourself Cannot beat the environment unless you go to a Facebook or Google. Complete staff has been hired from entry level positions and promoted as they get experience so everyone knows about the complexity of the work that you do

Cons

Being part of such a large company at times you can feel like your a number when you get above local management Cost of living for the location is lower which relates to a lower salary than a major city

1.0
Oct 26, 2013
Recommend
CEO approval
Business Outlook

Pros

Work with smart people around the world. Some managers are really awesome. Work from home. Ann Arbor office is close to Zingerman's bakehouse / coffee shop.

Cons

No work/life balance or respect for worker's interests/career development. Software engineers are pulled off product development to help with consulting projects. 60-80 hours per week trying to meet arbitrary, unrealistic deadlines. As each deadline is missed, the stakes get higher but the process repeats every 6 months (with pep talks). PTC grows revenue by acquiring companies and then duct taping all of their products together into a "solution". Looks great on PowerPoint, but in reality is a band-aided mess of software with different architectures that requires constant energy to keep working. Lots of conference calls staring at PowerPoints, but everyone is trying to keep up with their email and only half paying attention to the meeting. There is an expectation that you check email at night and weekends, and are probably working. Senior management only concerned with stock price and their bonuses. Bonuses for upper management are great, there is nothing for "individual contributors". Worse, they set up a bonus for workers, but then didn't pay out bonuses to workers while the executives got their full bonuses. The company has a lot of VPs that are very ambitious but not very competent. That makes it a very stressful and confusing place to work. There are some great managers who do what they can to shield their people from the mess, but they are also treated terribly by the company.

Viewing 391 - 393 of 421 Reviews

Glassdoor has 3,269 PTC reviews submitted anonymously by PTC employees. Read employee reviews and ratings on Glassdoor to decide if PTC is right for you.