PTC purchases new companies but doesn't give regular salary increases to employees - Anonymous employee PTC Employee Review

2.0
22 Sept 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A regular paycheck Good healthcare coverage Good time off policies

Cons

Very little training Very little opportunities for career growth Pay is not the best No merit increases for a few years No bonuses unless you are at the top of the food chain PTC acquires new companies then terminates the unique culture at those companies Common message at company meetings is how great everything is going followed by: "we have a new strategy", "no merit increases for employees" , "more layoffs coming" and "we acquired another company" At the same time upper management continues to get fat stock bonuses

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5.0
11 June 2026
Recommend
CEO approval
Business outlook

Pros

Growing company that moves like a startup

Cons

Many acquisitions, constant state of change

5.0
5 June 2026
Recommend
CEO approval
Business outlook

Pros

Great place to work and play

Cons

More travel than I expected.

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