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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2.0
Nov 11, 2021
Recommend
CEO approval
Business Outlook

Pros

Good pay, good benefits. Great work/life balance. Flexible hybrid work schedule. Cool products.

Cons

- Onboarding is terrible, be prepared to get very little support outside of videos/articles - Management never seems to know what is going on - Many senior leaders have been leaving in the last 6 months - Layoffs seem to be the norm here - Communication to employees on updates are terrible or don't come. Lots of fluff emails instead. - Constantly starting new innitatives that will get dropped as quickly as they started - Teams not receptive to feedback or new ideas - Each department is extremley siloed to the point its difficult to work together and hard to get people willing to help you find what you need. - Documentation on processes and essential things to do your job don't exist - Be prepare to spend months confused on what you should be doing and getting very little guidance.

3.0
Nov 10, 2021
Recommend
CEO approval
Business Outlook

Pros

Great product portfolio and CEO vision. The company has very good future potential and offer good benefits and salary compensation. Good knowledgeable customer facing workforce

Cons

Middle management needs to be changed and allow more open, inclusive and fairness. PTC suffers favouritism in Europe. They need to embrace multiculturalism and allow diverse representation at the middle management from different EU countries. Due to the nature of customer facing role, you feel not connected to company and end up penalised in terms of career progression even though you are delivering best performance.

3.0
Nov 9, 2021
Recommend
CEO approval
Business Outlook

Pros

Great benefits package and good pay. Paid parental leave. Hybrid work schedule (eventually.) Within the Customer Success organization we were always encouraged to take PTO and they had a pretty healthy attitude towards work-life balance. That's about it in terms of the pros.

Cons

I would only recommend working here if you REALLY love the products. If you aren't interested in tech I would not join. They brought our team in telling us we would only support one product, and now they are restructuring so that CSMs will have to know the full product line. This is going to cause problems in terms of workload. Other cons - very cliquey culture. If you don't love going out drinking you won't have anything to talk about with the other CSMs. There are very clearly "favorites" within the customer success organization and if you try to ask questions or bring up new ideas you get shut down. If you are innovative and want to try to change things for the better, ironically this is not a place for you. They seem to really prioritize "yes men" who don't question anything. Nepotism is prevalent. The onboarding process was really hyped up during the interviews. In reality it ended up being extremely lackluster. Pretty minimal. In the few short months that I was there, priorities frequently changed. Communication is terrible. New initiatives or changes would be rolled out but then the CSM team would be told to "keep it on the downlow" because they weren't sure how things would play out. One time during covid they tried to organize an in-person, multi-day workshop and they wouldn't give us an agenda until the day before. Pretty difficult for people who have kids. I would constantly think to myself "it should not be this hard" but so many projects and meetings were like pulling teeth. I would be told that my work was perfect and then the next day get told to redo the whole thing with no explanation. If you need additional support, good luck talking to an actual person. The new initiative is a knowledge database, and if you have questions you are expected to basically go google it in the knowledge database. There is very little support after a few months. I have had colleagues who had genuine questions from customers and were told to by management "go search the PTC ecosystem" instead of actually helping their employees. Most of the work we were given was just busywork. If you want to make an actual impact with your customers or your team, I would look elsewhere. Lots of people are leaving. Since summer 2021 a lot of senior employees have left, and then they laid off 1/3 of their brand-new customer success team without warning.

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