Company success does not benefit employees - Senior Software Engineer PTC Employee Review

2.0
25 Nov 2024
Recommend
CEO approval
Business outlook

Pros

Interesting technology. Benefits are good, fairly typical for tech.

Cons

Merit increases are insulting every year. Layoffs are a constant threat for many teams. The company value and ARR soar while wages and bonuses remain stagnant.

Explore other reviews about PTC

5.0
26 May 2026
Recommend
CEO approval
Business outlook

Pros

Great company to work for. Diverse experience from everyone. Beginning to benefit from AI and continue innovate.

Cons

This years Summer Fridays we're almost take away.

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.

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