AspenTech

www.aspentech.com

AspenTech Reviews

Updated January 16, 2015
Updated January 16, 2015
157 Reviews
2.6
157 Reviews
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AspenTech President and Chief Executive Officer Antonio Pietri
Antonio Pietri
25 Ratings

Review Highlights

Pros
  • There are a lot of really good people here, who are experienced professionals (in 10 reviews)

  • Great products, very knowledgeable and well trained employee base (in 10 reviews)


Cons
  • Strict senior management no room to air your ideas (in 10 reviews)

  • Upper management tends to get a little too involved in day to day activities and it can bog things down (in 9 reviews)

More Highlights

Employee Reviews

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  1. 1 person found this helpful  

    4 months in--crazy busy, great people, job reality matches expectations during interview process, great benefits.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Multimedia Professional in Bedford, MA
    Current Employee - Multimedia Professional in Bedford, MA

    I have been working at AspenTech full-time (less than an year)

    Pros

    Always work to be done--there is never a dull moment. Great new modern facility that suits a proper hi-tech company. Great compensation and benefits. Very diverse workforce. On-site fitness center.

    Cons

    Living in the city I'm not totally crazy about working out in Bedford but the commute isn't really that bad. Sometimes hard to know when to stop working--a lot of people live and breathe their jobs here but I really like having a good work-life balance.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Was better then got worse

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consultant in Houston, TX
    Former Employee - Senior Consultant in Houston, TX

    I worked at AspenTech full-time (more than 5 years)

    Pros

    great working peers work with

    Cons

    clueless VPs who know nothing about the industry

  3. 1 person found this helpful  

    the management in China need to improve

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AspenTech

    Pros

    salary and benefit is above average

    Cons

    the management style need to change

    Advice to ManagementAdvice

    get clear goals, focus on the product

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    A poor excuse for a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Developer I in Nashua, NH
    Former Employee - Software Developer I in Nashua, NH

    I worked at AspenTech full-time (more than an year)

    Pros

    I very much enjoyed my direct management relationships with various senior members of the company. I found that there were multiple peers here who I could learn from, share with, and foster relationships with. I find that the immediate management and below is a great network both technically and on a personal level. Even people with personal differences I found it very easy to work with professionally and share with. Developing skills is certainly possible, though it will take some personal commitment/drive on your own part, and your hand won't be held through it entirely.

    Cons

    I am hugely disappointed by this companies unwillingness to raise the bar for salaries, and the bar for the talent we accept as well, all the while touting huge financial growth numbers at meetings, and refusing to pass the direct effect of that on to the employees.

    The fact that immediate management has very little say over the compensation (reward for effort) put forth is infuriating. It truly is a numbers game, with an abundance of penny pinching in place. We've been told again and again that it's not a numbers game, but the fact that any employee here could point out people who have worked very hard, and people who have worked very little, or done poor quality work, and been rewarded the same speaks for itself. Give direct managers control over their employees, and either trust them, or replace them. Give them reign to reward truly valuable employees, and stop saying that every manager would give every employee a '1' on their performance if they could. If that's true they don't understand management and shouldn't be in that position. It's not an excuse, it's just poor management if it's true.

    A significant bump in the baseline of pay to reflect cost of living in Bedford (Telling people to commute further to save on rent is an UNACCEPTABLE response. People who accept a position with certain costs of living, convenience of location, etc. expect those to be maintained, or if not, compensated for when the company makes a move to benefit itself). I believe the R&D department will struggle to retain/acquire worthwhile talent unless salary takes a big bump up (15%), and revisit benefits while you're at it too. Make this company one which the benefits are great, and enable the employees to reach life goals, not a penny pinching stepping stone that people pass through on the way to a career. Entry level positions in the greater Boston area, especially the more affluent areas around it, begin at around 75k, more than I make with this company after more than a year with them, and prior industry experience.

    Neither myself, nor anyone I know is satisfied with the way the move has been handled, the salary, or the disposition of the company with a lack of straight answers for straight questions. It's not the lowest rung on the ladder, but for a company which is leading its sector and dominating its competitors, I expect MUCH MUCH more.

    Advice to ManagementAdvice

    Direct Management: Continue doing what you can for your employees. I feel as though your hands are tied largely, but continue fostering growth of skills and meaningful career traits in those under you.

    Upper Management/Executives: Get your heads in the game, and stop trying to flog young new employees for as much as you can while paying them as little as you can. The economy is no longer bad enough to keep us tethered to you if you try it. Be upstanding and generous to your employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Exciting place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Professional Services in Houston, TX
    Current Employee - Professional Services in Houston, TX

    I have been working at AspenTech full-time (more than 5 years)

    Pros

    1. Great salary and benefits, 2. A new CEO that has a passion for our customers and our employees, 3. A company that believes in developing their people and promoting from within, 4. A place where you can make a difference, 5. A long list of the best customers in the world, 6. Innovative, value-driven market-leading products

    Cons

    Under the former CEO there was not enough empowerment for the employees or focus on our customers. That culture is absolutely changing under the new CEO with many initiatives in place. Cultures do not change overnight but it is clear that the CEO and Executive Team are absolutely committed to our customers and employees. There are many new initiatves in place that are being driven employees to look at improving the customer experience, new training initiatives for employees, etc. This is a very exciting time to be a part of AspenTech!

    Advice to ManagementAdvice

    Continue to do the things you are doing to bring our customers and employees back to our central focus.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Great product and people; terrible morale, long hours, low pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Account Manager in Houston, TX
    Current Employee - Sales Account Manager in Houston, TX

    I have been working at AspenTech full-time (more than 5 years)

    Pros

    Great products and people. Tremendous opportunity to collaborate with really smart co-workers. Mid management works hard to support the field efforts. Current marketing management creates effective platforms from which to sell.

    Cons

    Zero work/life balance. Lack of professional respect from management.

    Advice to ManagementAdvice

    Act on feedback from employees who work hard and do a good job. Simplify procedures by eliminating duplicated tasks.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AspenTech

    Pros

    Good product customers really like. New CEO may change the way the company operates. Time will tell but he has a lot of work to do

    Cons

    Perceived attitude towards customers, internal fighting on contract reviews, how they pay employees, Sad part is there are really good people at this company but overshadowed by a lot of rotten apples.

    Advice to ManagementAdvice

    Get ride of the good o'l boy mentality and send your mid managers to management school, listen to your customers and provide competitive priced applications vs adding unnecessary charges

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Tough place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Burlington, MA
    Former Employee - Anonymous Employee in Burlington, MA

    I worked at AspenTech full-time (more than 3 years)

    Pros

    Fair to good compensation and benefits. Successful, world leader in their technology. Great people to work with. Some incredible talent at the company.

    Cons

    Horrible culture of top down, autocratic management. They do not seek input, just give mandates. 100% risk averse - taking risks is asking to be fired. Workers are seen as chattel - you are just a number and easily replaced, be thankful you have a job and regular paycheck. Zero flexibility in working hours or location (cannot work from home - ever!). No one in the company is the champion for or advocates for the employee; HR is absent. Completely outdated tools / software. Most work is done via an excel spreadsheet. It takes hours to get even the most basic information, where most companies just push a button. Too many good employees are leaving the company.

    Advice to ManagementAdvice

    LISTEN AND ACT! Listen to what the people that have left said. Listen to what the current workers are telling you. It is the truth. AspenTech can be successful AND treat employee with respect. Old school practices - top-down management, no collaboration, strict in office hours (9-5) are archaic - get with the times. Use current and modern technology. Follow the same standards you preach to customers buying Aspen's products. In 1 full year, Pietri hasn't shown the employee's there will be any changes - none. Surely there could have been SOMETHING done to give them hope.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 4 people found this helpful  

    Change for the better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - N/A in Burlington, MA
    Current Employee - N/A in Burlington, MA

    I have been working at AspenTech full-time (less than an year)

    Pros

    I like the level of transparency and open dialogue and from what I can tell there's been a huge amount of change over the last year. It would seem that those that have not been able to deal with that change have moved on and clearly it was necessary for the business but doesn't sit well with everyone. Having worked for US software companies previously I've seen far worse. Market leader in what they do and that is a huge door opener.

    Cons

    Still evolving and there are some old habits that need cleaning up but for new employees coming in there's a great deal of opportunity. Needs to have more decision making devolved from the mothership.

    Advice to ManagementAdvice

    Make sure remuneration is competitive and we don't lose good people because of a few bucks.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    Company successful, culture an issue in the past but seems to be improving

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance in Burlington, MA
    Current Employee - Finance in Burlington, MA

    I have been working at AspenTech full-time (more than 5 years)

    Pros

    Great people and products, leader in their market, company did a financial turnaround and now growing, new ceo knows that a stronger culture is important. Good influx of lots of new and young talent the last couple years who are making an impact.

    Cons

    Less bureaucracy than before but still room for improvement. Collaboration across functions needs to be better.

    Advice to ManagementAdvice

    Exec team - be better aligned. Lead by example in driving better collaboration across groups.

    Recommends
    Positive Outlook
    Approves of CEO

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