Terrible company, great people - Anonymous employee AspenTech Employee Review

1.0
Sep 12, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Good benefits -Good coworkers and managers up to & including the VP level -Competitive starting salary for new employees -Products are market leaders and company will continue to do well.

Cons

-Raises and promotions are almost non-existent. -Nothing is done by the executive team to retain valuable employees. Even the brightest people are treated like commodities, regardless of their contributions to the company. -The turnover rate in most departments, and at every job level, is ridiculous by any standards. Those who stay more than a year are either looking for new jobs or feel prohibited from leaving by their outside responsibilities. -The constant turnover makes progress impossible, with all time being consumed either by covering others' jobs or training new hires. -Executives are in a constant battle to be more powerful than each other, to the detriment of everyone beneath them. They preach collaboration while fighting to keep each other down, managing to get in the way of progress and even day-to-day operations.

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5.0
May 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Well run company with smart people.

Cons

At the lower end of salary bands

3.0
May 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Good products with large customer base. Product development is innovative and willing to work directly with customers. Base pay for sales reps is improving after the acquisition by Emerson Electric. The Emerson Electric acquisition is received positively by the customers. Internal training is good and readily available. Collaboration between the various departments is excellent.

Cons

New management is focused on running the sales organization by spreadsheet metrics vs. obtaining and improving customer relationships. Product pricing and sales approval processes are very complex. Customers are seen as captives and when they request reasonable changes to their contract, they are often denied if there is not significant revenue growth (results in bad relationships). Sales management is spending more time in internal meetings than with customers and their reps.

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