PTC reviews

4.1

89% would recommend to a friend

(421 total reviews)
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Neil Barua

85% approve of CEO

80% positive business outlook

Reviews by job title

421 reviews

Reviews about "Compensation"

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3.0
Apr 5, 2013

OK for a short period

Recommend
CEO approval
Business Outlook

Pros

Learn how to create, maintain and support great software. Great place to earn bleeding edge front-line CAD\Scientific and Mathematical software industry experience. Technical managers are knowledgeable and have been many years in the company. Work environment is supportive and helps you achieve your professional goals. Flexible hours. Good place to padd your CV Offices are nice and spacious. Technical staff are very professional.

Cons

Long hours in software development ( in Creo Pro\E teams at least ), at least 10.5 hours of work\day. Very long time till promotion ( 5+ years ). No significant bonuses or none-salary compensation in lower or entry level positions. Future and long term development is not clear. You only focus on the short term goals. Experience gained will be limited to a very specific area. Staying a long time in the company will damage your future hireability. No quirks like free food as in other leading Software companies. Most of your time ( ~90% of total work time ) will be devoted to fixing bugs and supporting specific customers, R&D and new product devlopment is limited ( ~10% of total work time).

3.0
Apr 4, 2013
Recommend
CEO approval
Business Outlook

Pros

-- Flexible work hours -- Work from home opportunities -- Great coworkers -- Fast-paced, interesting work -- Very little micromanaging -- GREAT opportunity for interns -- pay interns very fairly.

Cons

-- Constantly changing directions. Reactionary. -- Regular layoffs - probably 2-3 rounds a year. Lots of rounds of hiring/firing. -- Very little room to move forward. As others have said, people will stay in the same position for 20 years. -- No bonuses or raises for many of the past years. -- RAMPANT nepotism. Lots of layoffs, and then the upper management's husband/daughter/niece/nephew gets hired. Family members/family friends are regularly given more flexibility and opportunity. I've never seen anything like it.

4.0
Mar 25, 2013

Satisfaction varies widely by department

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Smart and friendly colleagues Excellent vacation policy Opportunities for innovation and advancement in certain departments Flexible working environment Not all top jobs are based in corporate headquarters

Cons

Company strategy changes regularly - difficult to adapt before it changes again So many employees are long-timers that there is not always room to move up Several years of no merit has caused serious pay inequities within teams

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