Finance - Anonymous employee AspenTech Employee Review

1.0
Mar 20, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good people. Good at keeping costs down.

Cons

Extremely high turnover due to poor executive management and poor pay/raises. You can receive a high performance rating in your annual review and then are rewarded with an almost non-existent raise. The CFO talks negatively about almost every employee that leaves, which is extremely unprofessional and a terrible way to lead. Terrible communication between the executive team. Terrible systems. They are also a "no thrills" company, so don't expect any company outings or team building activities besides the annual cookout which is essentially an extended lunch.

Explore other reviews about AspenTech

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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