AspenTech reviews

3.3

60% would recommend to a friend

(830 total reviews)
avatar

Antonio Pietri

44% approve of CEO

52% positive business outlook

AspenTech has an employee rating of 3.3 out of 5 stars, based on 830 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AspenTech employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

830 reviews
1.0
Jun 26, 2012
Recommend
CEO approval
Business Outlook

Pros

The coffee machines have been upgraded and they are now stocking real tea bags in the coffee rooms instead of the pouches. The use it or lose it vacation policy has been change and you can carry over 5 days.

Cons

Abusive behavior by managers is is not only tolerated but encouraged and rewarded. Now that the employment market seems to be picking up, turnover has increased. Employees are doing phone interviews in the hallways, building lobby, and in their cars. Managers rationalize the increased turnover by saying that employees are leaving because they can't take the pace when the real reason is that they don't want to continue working for an abusive company. Don't expect that higher levels of management or HR will do anything. The higher levels are the ones who reward these managers and HR won't do anything because they are too afraid.

1.0
Jun 4, 2012
Recommend
CEO approval
Business Outlook

Pros

Compensation and benefits competitive Niche product/large clients

Cons

It is pretty sad when even the corporate recruiter resigns due to the turnover. I ask myself everyday why I continue to work here since employees are treated like garbage and the executive team sits in the ivory tower calculating how much money they will make from the latest stock figures. The even sadder part is the company could be great, but is probably one of the worst places to work in the region. The poor saps that join the company either are blind to the numerous truthful postings on this website or continue to believe the place will change. The place is run by paranoia and fear. The CEO needs to take anger management courses due to flying off the handle for no apparent reasons. The rest of the management team is so afraid to speak up or even clue him into the condition of his employee population, they shrug it off like problems don't exist. The poor reputation of the company has been brought up so many times with nothing being done about it.

1.0
May 23, 2012
Recommend
CEO approval
Business Outlook

Pros

-Stock performance has been great -Pay at higher levels is competitive

Cons

-It's tough to find the words for how much animosity exists within the 4 walls of Aspen. With rare exception, executive management has total mistrust of rank and file employees -Temper tantrums by key members of the executive team are common and accepted -The easiest way to get the ear of the executives is to tell them how badly someone you interact with is doing their jobs. There is an ongoing witch hunt to find employees to target for termination -While the stock performs extremely well, participation in Options/RFU's is very limited beyond VP level -Once legal or finance gets hold of a contract proposal, count on a very angry customer as the "review" process takes weeks, or even months to complete -Internal employees seeking advancement often find that a position is, in fact, available, but the pay increase is significantly below what an outside candidate will be offered -Most executives have zero software industry expertience outside of Aspen. -Suggestions for improvement of processes, products, marketing, etc are taken as attacks on the wisdom of the executive team.

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Glassdoor has 1,016 AspenTech reviews submitted anonymously by AspenTech employees. Read employee reviews and ratings on Glassdoor to decide if AspenTech is right for you.