There’s better places to work - Senior Product Management Specialist AspenTech Employee Review

2.0
Jul 30, 2024
Recommend
CEO approval
Business Outlook

Pros

Most the people were good to work with. If you’re looking for a hybrid position they’re somewhat flexible on when you come in as long as you’re there 3 days a week. Forget about remote unless you’re in sales. Healthcare plan is very good, rest of benefits (PTO, leave policies, etc) are barely average.

Cons

Pay is average at best, raises rarely exceed 3%, promotions are infrequent and minimally bump salary, don’t expect your bonus either. I never got more than 70% in 3 years of being there. Best shot at moving up is internal transfers every 1-2 yrs. Company prioritizes short term profits over employees and strategic decision making. CEO only cares about getting oil money to line his pockets. The company lays off people every year in July like clockwork. If you’re brought in from an acquisition, the majority if not all of your team’s positions will be gone in 3-5 years. The flavor of the month is hiring teams in India. It probably will create more work in the end for those in the US but don’t be surprised if your position is soon offshored.

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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