Eroding Culture - Anonymous employee PTC Employee Review

1.0
29 Jan 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The benefits package was good. The majority of the people I worked with over the course of my 5+ years at the company were highly competent.

Cons

The executives are just chasing the latest hype while letting products that make up the foundation of the company wither on the vine. No time to breathe when you're scrambling to complete work that requires more people than management cares to provide. Salaries are nowhere near competitive and you're lucky to get a 3% raise every few years, if management isn't using the poor manufacturing economy as an excuse to tighten the purse strings. It's an acquire and fire strategy to make the numbers. The only reliable constant is the excessive executive compensation while they lay little guys off.

Explore other reviews about PTC

4.0
21 May 2026
Recommend
CEO approval
Business outlook

Pros

Great people, customers, products. The culture has improved significantly over the past 5 years or so, and now feels like a relatively modern software company. Exec leadership is very good, Neil is fantastic.

Cons

Mid-level exec leaders, VP level, are still very political. Salaries are way below average.

See reviews by: Helpful|Rating|Date|All