AspenTech Reviews | Glassdoor

AspenTech Reviews

Updated May 22, 2017
239 reviews

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2.5
Star Star Star Star Star
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AspenTech President and Chief Executive Officer Antonio Pietri
Antonio Pietri
67 Ratings

239 Employee Reviews

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Pros
  • AspenTech has really good benefits and they seem to get progressively better year over year (in 16 reviews)

  • Great Products with excellent technologies to work and learn (in 13 reviews)

Cons
  • No work from home ever" mentality (in 13 reviews)

  • Work/life balance is non-existent (in 9 reviews)

More Pros and Cons

  1. "Sr. Sales account manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Sales Manager in Bedford, MA
    Current Employee - Senior Sales Manager in Bedford, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AspenTech (More than 5 years)

    Pros

    Good Product/Good Market Position/Broad Product Portfolio

    Cons

    Micro Management/No respect to employee/Lay off frequently.

    Advice to Management

    Be open mind


  2. Helpful (9)

    "Global Account Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Houston, TX
    Former Employee - Director in Houston, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at AspenTech (More than 3 years)

    Pros

    Traveling to Florida & Arizona for semi annual Sales events in July for the cool weather

    Cons

    Sales department employee COMMISSIONS are consistently ripped off using Post Employment "WINDFALL CLAUSE" that Executive Mgt FORCES you to sign.

    Vice Presidents get stock options and your COMMISSIONS while insulting you publically by telling you that yo CANNOT SELL even after I sold $30,000,000 in products in just Three Years.

    Illegal revenue accounting occurs by freezing revenue and allocating to future Quaters.

    If you love to be put under pressure and ripped off daily, This is the Place for you!!!

    Advice to Management

    Report your illegal activities to the SEC and turn yourself into Jail

  3. Helpful (5)

    "Wouldn't go back"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Manager in Bedford, MA
    Former Employee - Product Manager in Bedford, MA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at AspenTech full-time (More than a year)

    Pros

    A lot of intelligent people

    Cons

    0 culture, ineffective management, poor training, no performance incentives

    Advice to Management

    See cons


  4. Helpful (10)

    "Avoid this bad carnival ride"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Account Manager in Houston, TX
    Former Employee - Sales Account Manager in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Super at price gouging clients after locking them into long term contracts, excellent at deceiving customers, micromanagement by incompetent pencil pushers, constant churn & burn of the workforce, anyone there more than a year is looking for a new job, hanging on for retirement, or holding out for money owed.

    Cons

    Poor compensation, dishonest about discretionary payment metrics used to limit your compensation, don't pay on time & shortchange commissions, narcissistic managers, lousy customer support, high turnover, broken products, complex contracts, purposely employ a very small legal team so customer requests or contract changes are abandoned after lengthy delays.

    Advice to Management

    Look in the mirror while thinking about why your turnover rate is the highest in the industry and you have a mass exodus of clients.


  5. Helpful (8)

    "International Accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Accountant in Boston, MA
    Former Employee - Senior Accountant in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at AspenTech full-time (More than a year)

    Pros

    Internal training, interaction with other departments or divisions, policies in place, growing company, good camaraderie with coworkers, salary and benefits are competitive.

    Cons

    Some senior finance team members have a very "old fashioned" managerial style. They are bosses not leaders. Lack of motivation. Very limited room to grow internally.

    Advice to Management

    The mid level management needs to be overseen closely. They smile when their superiors are around but not when they are alone with their subordinates.


  6. Helpful (5)

    "not recommended"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Legal Assistant in Burlington, MA
    Former Employee - Legal Assistant in Burlington, MA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    good benefits, normal amount of vacation time

    Cons

    on the clock 24/7 no matter what time of day, day of week, holiday included

    Advice to Management

    Treat employees better


  7. "Senior Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Director in Bedford, MA
    Former Employee - Senior Director in Bedford, MA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good Company to work for.

    Cons

    No Work from Home policy

  8. Helpful (7)

    "Average Employer - Typical Pitfalls"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - AspenTech Employee in Boston, MA
    Former Employee - AspenTech Employee in Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    - Excellent facilities
    - Opportunity for advancement if ambitious enough
    - Job security (difficult to be let go, see cons for more info)
    - 3 weeks vacation starting for new hires
    - Talented R&D and technical departments

    Cons

    - Managers lacking in management skills (lack of 'working' managers creates disconnects between management and employees).
    - HR keeps under-performing individuals and 'dead weight' far too long. It's virtually impossible to be let go at this company creating heavier workloads for the few quality employees.
    - Management plays favorites which undermines the company's desire for employees to take initiatives to better the company. Ideas and process improvements from others not in 'the favorite few' circle are let to slip by the wayside.
    - Work/life balance is non-existent. Operating a global company has it's demands, yet staffing is so bare-bones that there is zero work/life balance.
    - Poor pay for positions when compared to other employers in the greater Boston area (Engineer positions are competitive, but business positions are severely lacking).

    Advice to Management

    Management needs to learn how to be better people managers and reconnect with employees. Morale is consistently shaky at best, and a large portion of this is due to questionable managers within the company. Supervisors do a good job on the day-to-day workflow management but employees look towards department managers for proper leaderships which is missing more often than not.


  9. Helpful (1)

    "Aspentech"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Wilmington, MA
    Former Employee - Anonymous Employee in Wilmington, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good ground level employees
    Decent starting Salary

    Cons

    Management set in ways
    Review cycles with minimal increases

    Advice to Management

    Seek to understand, before being understood


  10. Helpful (4)

    "Good products and people with short sighted vision and too much politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New Bedford, MA
    Current Employee - Anonymous Employee in New Bedford, MA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at AspenTech full-time (Less than a year)

    Pros

    People is passionated about the products
    Products are fantastic
    People in the regions is hard working
    The development of products is thoughtful and seeks to hear customers
    Global leader in process simulation

    Cons

    Internal politics control everything
    Priorities shift all the time
    Complicated sales process
    Lacks internal procedures and processes
    Poor salary reviews
    Company culture fails to recognize the organization as a global company and behaves as an American company with many offices
    Decision making process is slow
    Lacks standardization and guidelines

    Advice to Management

    Turn the company into he global organization it can be

    Do not focus on hard delivery and faux dates for releases

    Support the regional staff to be successful

    Expand your vision beyond the quarter

    Change the metrics and incentives as they deliver the wrong message to the staff

    Invest in training and development


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