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
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

2.0
Sep 21, 2018

Awful Experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Met some passionate people that I still call friends, really great work-life balance, sales kick-off is cool, exciting to be part of the IoT and big data analytics movement, gym, stress was minimal

Cons

my time at PTC was extremely mediocre at best, no one cared much about my career development until the very end, had an engineering degree and yet my first manager spent our 1:1's talking about organizing my emails and asked me to take notes for him in meetings (think what he really wanted was a secretary), low-salary with minimal aka no raise or promotion opportunities (mind you I was uninspired there for obvious reasons and didn't deserve one :) but even those that did never got one) , too many people that have been there 20+ years and are just coasting, honestly depressing. Since leaving (11 months), I have doubled my salary, traveled to a bunch of cool places, have my voice heard/respected, have gotten 2 different significant bonuses, have many people both inside and outside of my org with interest in my career, can WFH anytime, and am working way more hours with some "stress" but couldn't be more thrilled/loving it. I am actually seeing myself develop and grow and it's freakin awesome.

4.0
Aug 13, 2018
Recommend
CEO approval
Business Outlook

Pros

Interesting products, flexible work hours, good atmosphere and long paid maternity leave for men

Cons

Compensation not high, no food at the office

Viewing 244 - 246 of 421 Reviews

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