Sr Compensation Analyst

Aspen Technology - Medina, MN

Full-time - Mid Level

Medina, MN

Professional, Scientific, and Technical Services

About the position

The Sr Compensation Analyst at Aspen Technology, Inc. is responsible for analyzing and administering compensation programs, policies, and procedures to attract and retain high-quality talent, particularly focusing on Field Operations compensation programs. This role involves ensuring alignment with company strategies, compliance with global regulations, and collaboration with HR and line management to optimize compensation structures.

Responsibilities

• Analyze and administer compensation programs, policies, and procedures for Field Operations.
• Work with Field Operations Executives to set and review market-based target total compensation.
• Evaluate and classify new positions for external competitiveness and internal equity.
• Review current base and incentive programs and develop recommendations for changes.
• Monitor administration of promotions and transfers within Field job families.
• Review distribution of field personnel within the salary structure and work with HR representatives.
• Participate in the cross-functional Sales Compensation team.
• Provide service-oriented compensation analysis based on business needs.
• Participate in annual salary planning cycles including bonus, equity, and merit processes.
• Research, analyze, assess, and administer compensation programs and processes.
• Implement compensation management technology and analytics as part of the Oracle implementation team.
• Ensure compliance with compensation practices and laws.

Requirements

• Bachelor's degree required.
• 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 methods.
• Professional Certification essential; CCP preferred.
• Excellent PC skills including Microsoft Office (Excel, Word, PowerPoint, Access); Oracle knowledge a plus.
• Exceptional analytical abilities, accuracy, and attention to detail.
• Proven organizational and project management skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Effective communication and interpersonal skills with a strong service orientation.
• Ability to coach and influence others at all levels of the organization.
• Strong Excel skills, proficient in functions, macros, and pivot tables.