PTC reviews

4.1

88% would recommend to a friend

(2,793 total reviews)
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Neil Barua

84% approve of CEO

81% positive business outlook

PTC has an employee rating of 4.1 out of 5 stars, based on 2,793 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The PTC employee rating is in line with the average (within 1 standard deviation) for employers within the Informationstechnologie industry (3.9 stars).

Reviews by job title

3K reviews
4.0
Apr 24, 2015
Recommend
CEO approval
Business Outlook

Pros

Mid-sized, but world-wide Home office, and flexible schedule, if not in a city with an office Great people Strong/competitive products Breadth of product line

Cons

Good/average benefits, but low salaries, infrequent and small raises Isolated/silo'd functional organizations - development vs. sales vs. services vs. IT vs. management Layoffs at least annually

1.0
Apr 20, 2015
Recommend
CEO approval
Business Outlook

Pros

None- Why would anyone want to work for a company that predictably has layoffs each Quarter? Only way PTC knows how to make it's revenue number each quarter is either through acquisition or layoffs!

Cons

Expect layoffs each Quarter! Even current employees who have not been on the Selected For Layoff List are looking for new opportunities outside of PTC.

1.0
Apr 19, 2015
Recommend
CEO approval
Business Outlook

Pros

Steady paycheck, industry standard time off policy matching 401k and healthcare benefits

Cons

Overworked colleagues, endless layoffs causing the remaining employees to pick up the slack, the net result is more overwork and stress and lower quality software. This cycle repeats itself continuously. Here is the illustration of "deceptive". In the last "town hall" meeting the CEO told everyone how great things were going (no mention of layoffs). In the following week there was a meeting with divisional VP's telling everyone layoffs were coming. The devastating (from a resource and morale perspective) layoffs came. Meanwhile everyone is still waiting for merit increases that management promises are coming in July. Of course merit increases won't be retroactive. As usual the executive bonuses are on the backs of regular employees who don't get the giant bonus checks or even fair merit increases. The never ending layoffs, poor pay and executive dishonesty contribute to low morale.

Viewing 2473 - 2475 of 2,793 Reviews

Glassdoor has 3,264 PTC reviews submitted anonymously by PTC employees. Read employee reviews and ratings on Glassdoor to decide if PTC is right for you.