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
May 11, 2018

Good Overall

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good Work-Life Balance and exposure to new technology

Cons

not much growth opportunities and less salary.

4.0
May 7, 2018

Compensation team out of the loop

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great place to work, really heading in a great direction but the compensation team is very much out of the loop when it comes to competitive market price in regards to salary.

Cons

Who is responsible for the competitive market price on compensation? With us moving to the Seaport, this is going to be a huge issue.

2.0
May 5, 2018

Management only cares about management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people are innovative, fun and positive. They make PTC tolerable. Weekly socials are a great chance to network and meet colleagues from other departments. Generous PTO policy but good luck trying to take it.

Cons

Management secretive. Decisions about employees that directly affect their workload are made without consulting the employees. These employees are expected to execute without questioning the managers’ decisions. If employees do question the chosen direction, the managers give typical corporate answers as to why they’re doing what they’re doing. They never admit they’re wrong and don’t care to ask their valuable employees for their input. Shut up and execute is what the managers expect their employees to do. Employees are seen as a number taking up a department seat count. Employees are not seen as a valuable company resource. Precious time is wasted completing tasks that will never make a difference in the company, e.g. jobs roles change and the managers let their employees work hard on tasks that will no longer be their primary job function. The managers should be using this time to integrate their employees in their new job role, rather than keeping it a big secret causing anxiety amongst their employees. Zero transparency from senior managers. Senior managers will say whatever they need to say to get their employees on-board for their current direction. Those same managers will have secret plans to shake up their department, only releasing information on a schedule that benefits the senior managers. When employees sense change is coming, senior managers respond with positive spins to buy themselves time to implement their changes. Management doesn’t care about their employees career growth and loyalty is only rewarded if you are a “chosen one”. Favoritism often seen towards male employees in technical environments. Female employees are expected to stay in stereotypical female roles. Even the health plan will only give you a bonus if you have a baby and phone a baby nurse during certain trimesters. Take a look at the leadership. Let the lack of diversity tell you PTC’s story. Pay is below market rates. You will not be paid your market value unless you bring an AR company to PTC or unless you’re an executive. The move to Seaport will result in a pay cut for most of the staff. The CEO tries to calm nerves by repeatedly saying he will have to drive by the old campus everyday too. 15 million dollar salary vs five figure salary. Wake up, CEO. You aren’t connecting with your employees. PTC is incapable of long-term change. At the end of the day, they’re still the same old boys club underneath the 2020 vision.

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