Job Description
The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.
The RoleResponsible for analyzing and administering compensation programs, policies and procedures to ensure that AspenTech is positioned to attract and retain high-quality talent. This role will have a particular focus on Field Operations compensation programs including Sales, Inside Sales, Business Consulting, Professional Services and Customer Support and Training. Ensure that Field compensation programs are aligned with the company’s strategies and goals, and are compliant with global regulations. Strong technical compensation knowledge and the ability to build relationships with Human Resources partners and Line Management required.
Your Impact- Work with Field Operations Executives to set and review market-based target total compensation for all Field Operations positions within the guidelines of established policy and in concert with organizational strategy. Ensure all key positions are tied to accurate and appropriately leveled market data. Evaluate and classify new positions to ensure external competitiveness and internal equity.
- Regularly review whether current base and incentive programs are achieving desired objectives individually and in the aggregate for Field job families and develop recommendations for change or modification as appropriate.
- Review methodology for promotions and transfers within and between Field job families and develop recommendations for change as appropriate. Monitor administration against guidelines globally in concert with regional HR representatives.
- Regularly review distribution of field personnel within the company’s salary structure and work with line clients and regional HR representatives to achieve desired outcomes if distribution is not consistent with business need.
- Participate as a member and point of contact on cross functional Sales Compensation team.
- Partner with HR and client organizations to provide service-oriented compensation analysis based on the business needs of the organization and offer creative solutions.
- Participate in annual salary planning cycles including bonus, equity and merit process.
- Research, analyze, assess, and administer compensation programs and processes; document current processes and develop recommendations for changes and improvements.
- Participate as member of Oracle implementation team to implement compensation management technology and analytics. Maintain and audit compensation data in Oracle and utilize data to prepare comprehensive models and reports as needed.
- Monitor compensation practices and ensure compliance with laws and regulations such as FLSA, Title VII, Equal Pay Act, Americans with Disability Act, etc. and country requirements.
What You'll Need
- Bachelor's degree required together with 8-10 years of experience administering base, equity and variable compensation programs in a global environment. Experience with Field based variable compensation and job evaluation and market pricing methods essential.
- Professional Certification essential.
- CCP is preferred.
- Excellent PC skills including Microsoft Office (Excel, Word, PowerPoint, and Access); Oracle knowledge a plus.
- Exceptional analytical abilities, accuracy, and attention to detail.
- Proven organizational and project management skills, along with the ability to manage multiple priorities in a fast-paced work environment.
- Flexible and proactive problem solver adept at achieving results in a team-oriented and collaborative environment, but also able to function effectively working independently.
- Effective communication and interpersonal skills and a strong service orientation.
- Must be able to coach and influence others at all levels of the organization.
- Strong Excel skills (proficient in the use of functions, macros, pivot tables).
- Aptitude for learning new systems and technologies.
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