Is PTC a good company to work for as a Principal Software Engineer?

Principal Software Engineer professionals working at PTC have rated their employer with 3.0 out of 5 stars in 29 Glassdoor reviews. This is a lower than average score with the overall rating of PTC employees being 4.1 out of 5 stars. Search open Principal Software Engineer Jobs at PTC now and start preparing for your job interview by browsing frequently asked Principal Software Engineer interview questions at PTC .

Does PTC pay Principal Software Engineer employees well?

Principal Software Engineer professionals rate their compensation and benefits at PTC with 2.4 out of 5 stars based on 29 anonymously submitted employee reviews. This is 42.6% worse than the company average rating for salary and benefits. Find out more about Principal Software Engineer salaries at PTC.

What are the top reviewed jobs at PTC?

Software Engineer (97) , Senior Software Engineer (68) , Intern (64) , Software Specialist (54) , Software Analyst (40) , Technical Lead (40) , Manager (39) , Account Executive (37) , Director (36) , QA Specialist (34) , QA Analyst (32) , Senior Consultant (32) , Senior Software Specialist (32) , Software Developer (32) , Consultant (31)

What are the pros of working at PTC according to real employee reviews?

"Good work life balance and though hybrid but flexible." ((in 389 reviews)); "Marketing department is great and really great people" ((in 227 reviews)); "Good benefits but expensive!" ((in 148 reviews)); "work culture and flexiblity is good" ((in 122 reviews)); "Good work environment and suitably cope up with the manager" ((in 70 reviews))

What are the cons of working at PTC according to real employee reviews?

"Frequent reorganizations and layoffs" ((in 129 reviews)); "Too much management overhead and poor decision making." ((in 102 reviews)); "Low salary increase over the years" ((in 83 reviews)); "Low pay across all levels and roles compared to market" ((in 63 reviews)); "And it is a great company but it might not be for you if you get one of these bad managers." ((in 57 reviews))

PTC Principal Software Engineer reviews

3.0

36% would recommend to a friend

(29 total reviews)

Neil Barua

Not enough data to show CEO approval

37% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (29 reviews)

Ratings by demographic groups

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Principal Software Engineer employees have rated PTC with 3.0 out of 5 stars, based on 29 company reviews on Glassdoor. This indicates that most Principal Software Engineer professionals have an average working experience there. PTC is rated 22% below average by Principal Software Engineer professionals compared to other employers within the Informationstechnologie industry (3.9 stars).

Reviews by job title

29 reviews

3.0

Dec 16, 2015

Principal Software Engineer

Principal software engineer

Recommend

CEO approval

Business Outlook

Pros

Has good vacation policy for long-time employees. For example, after 9 years of employment, I had 6 weeks of vacation time. Also, severance package is quite generous.

Cons

Lately, company seems to have lost focus from it's core PLM (Product Life Cycle) and SLM (Service Life Cycle) product portfolio as it's trying to enter into IoT (Internet Of Things) domain. It has been consistently laying off US based experienced employees as it's changing it's focus.

4.0

Apr 9, 2015

Principal Sofware Engineer

Principal software engineer

Recommend

CEO approval

Business Outlook

Pros

Work is very flexible. Allow to work from home. more PTO weeks

Cons

Easily to lay off people

3.0

Feb 24, 2015

Good place to work, though compensation could be better

Principal software engineer

Recommend

CEO approval

Business Outlook

Pros

Flexible hours, remote working from home, personal offices for R&D developers, good PTO

Cons

Salary is below average. Health benefits are getting more expensive year after year.

Viewing 19 - 21 of 29 Reviews

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PTC Principal Software Engineer reviews

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Reviews by job title

Principal Software Engineer

Principal Sofware Engineer

Good place to work, though compensation could be better

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