Great benefits, but ... - Principal Solutions Consultant PTC Employee Review

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

Explore other reviews about PTC

5.0
Jun 5, 2026
Recommend
CEO approval
Business outlook

Pros

Great place to work and play

Cons

More travel than I expected.

4.0
May 21, 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.

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