Teradyne reviews

4.0

83% would recommend to a friend

(603 total reviews)
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Gregory Smith

79% approve of CEO

78% positive business outlook

Teradyne has an employee rating of 4.0 out of 5 stars, based on 603 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Teradyne employee rating is in line with the average (within 1 standard deviation) for employers within the Manufacturing industry (3.5 stars).

Reviews by job title

603 reviews
4.0
Nov 18, 2014

Career Opportunity

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good work-life balance, very traditional and conservative company. Make decision in a very methodical way.

Cons

The company provides a very conservative environment in terms of risk taking and mitigation and at times we felt it took too long to reach a decision but perhaps that's actually a good approach for a very traditional / conservative corporation.

4.0
Nov 14, 2014
Recommend
CEO approval
Business Outlook

Pros

Collaborative, supportive environment. Many talented, nice people. At the heart of a very relevant, highly technical industry (semiconductors). Many challenging assignments. Facilities are nice and kept clean, computer equipment decent. Review process is fair and transparent and career advancement and transfer quite possible. Management has figured out how to run the company profitably in any business climate, so layoffs are a thing of the past. One of the company values is "Honesty and Integrity in Everything We Do". I believe the company lives up to this to a very high degree, and this makes me comfortable and proud of working here. Work-life balance is quite good. Of course, you can always work many hours at any company, and your manager will be happy and won't force you to go home and spend time with your family and hobbies. But if you assert your need to have an outside life, Teradyne will generally be very supportive of this need. Hours are flexible and working from home is common, either during snow storms or more often once you have a track record of success and productivity. Many projects do have crunch times where longer hours are expected, but weekends are seldom directly requested by management, and even when they are, there's some flexibility. The development process is a document-heavy, phase-gate waterfall model, for the most part. Many people consider this a negative, but I count it as a "pro" because it makes life predictable, and schedules longer and less chaotic. Pay can be good, though I think it's uneven. In addition to salary, everyone gets profit sharing, which can equal one or two extra monthly paychecks per year in good years. Everyone can also divert up to 10% of salary to an ESPP for a guaranteed 15% gain in six months. Top performers get yearly bonuses of restricted stock that vests over five years. If you get these every year and build up a pipeline of them, it can be quite a nice bonus. The restricted nature of the stock means it costs dearly to walk away, the "golden handcuffs". All of the above, plus generous vacation policies for long-timers make this a place where many people stay a long time, or leave and come back. Many people spend their entire career here. Not because it's flawless, but because it's pretty good and you're generally treated with human dignity.

Cons

The consistent profitability of the company has come at a price. It's not run by the engineers anymore, and so it's not as much fun to work here. Schedule slippage is highly discouraged, and this can lead to pressure and a culture of fear. People are afraid to report bad news up the chain. However, quality is the bedrock of our business model, so it always wins in the end, so features will be cut or in some cases the schedule will be moved out if needed. This is not a place where cutting edge software technologies are used. Most of the products are very large, monolithic, decades-old systems. Therefore, they're very hard to change. The company and its customers are also risk-averse. We do advance in technology, but slowly. There are many nice and talented people here, but the workforce is uneven. Some incompetent people get in and can stay around for years. Teradyne also continues to outsource a lot of software and QA work to India and other places. The quality of these engineers is generally lower, compounding the difficulty of working with people who are far away in a different time zone and don't speak great English. Management thinks they are saving money by outsourcing, but the drag on the local workforce erases these gains and hurts morale. Schedules are getting more and more important, and righter and tighter. It's hard to know if this will get worse, or if the pendulum will swing back and work-life balance will remain good. Resource allocation sometimes changes suddenly due to re prioritization. This, coupled with long planning cycles and offshore teams results in a lot of inefficiencies from context switching and delivering software to QA before it's ready. The heavy top-down command and control structure means there's little an individual contributor or low-level manager can do about this. Training and career advancement is not as structured as it used to be. You need to design your own career advancement and assert your right to do training and side tasks. Our product hardware is in short supply, so when you need to work on the system, this can demand working odd hours.

3.0
Nov 10, 2014
Recommend
CEO approval
Business Outlook

Pros

This place has a good mix of hardware/firmware and software. Even if you are not trying to actively learn about other technologies or areas of engineering, you will by the nature of the job. The work-life balance is very reasonable. I see people working putting in the whole range of hours, with some spending extra time because they want to and others putting in less because they get their work done.

Cons

The company has had a hard time being really competitive with pay. Pay is not everything, but it can't be discounted entirely. You can make enough to live a good life, but you may not be in the same boat as your friends.

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Glassdoor has 731 Teradyne reviews submitted anonymously by Teradyne employees. Read employee reviews and ratings on Glassdoor to decide if Teradyne is right for you.