Another case of executives not valuing their employees over short-term profits - Sr. Software Engineer AspenTech Employee Review

2.0
10 May 2024
Recommend
CEO approval
Business outlook

Pros

- Job security is fairly easy to get. From what I've seen, they don't hire often, so they don't fire often. - The industries they service are, economically speaking, quite stable. The covid pandemic didn't really affect income, so there wasn't any need for layoffs. The worst it ever got was a hiring freeze, and that was due more to buying multiple companies in a very short time. - If you like traveling for work, developers will get the chance to travel to customer sites.

Cons

- Bonuses are almost exclusively stock options, not cash - Management will constantly say they're listening to you. If they are, they're doing whatever it takes to do what you didn't want. - Customers come before employee well-being. If the customer has a demand, management will do whatever it takes to appease them, and the common worker gets to deal with the fallout. Management says they want to change it to put less control in the customers hands; based on my previous point, I won't be planning on this. - If you don't like traveling for work, developers will get the "opportunity" to travel to customer sites.

Explore other reviews about AspenTech

5.0
23 May 2026
Recommend
CEO approval
Business outlook

Pros

Well run company with smart people.

Cons

At the lower end of salary bands

3.0
18 May 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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