Sr Compensation Analyst

Aspen Technology - Bedford, MA

Full-time - Mid Level

Bedford, MA

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 partners and line management to optimize compensation structures.

Responsibilities

• Analyze and administer compensation programs for Field Operations including Sales, Inside Sales, Business Consulting, Professional Services, and Customer Support and Training.
• Set and review market-based target total compensation for Field Operations positions in line with organizational strategy.
• Evaluate and classify new positions to ensure external competitiveness and internal equity.
• Review current base and incentive programs to assess their effectiveness and develop recommendations for modifications.
• Monitor administration of promotions and transfers within Field job families and recommend changes as necessary.
• Review distribution of field personnel within the salary structure and work with HR to achieve desired outcomes.
• Participate in the cross-functional Sales Compensation team as a point of contact.
• Provide service-oriented compensation analysis based on business needs and offer creative solutions.
• Participate in annual salary planning cycles including bonus, equity, and merit processes.
• Research, analyze, and document compensation programs and processes, recommending changes for improvements.
• Implement compensation management technology and analytics as a member of the Oracle implementation team.
• Maintain and audit compensation data in Oracle and prepare comprehensive models and reports as needed.
• Ensure compliance with laws and regulations related to compensation practices.

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 and market pricing methods essential.
• Professional Certification essential; CCP 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 with the ability to manage multiple priorities in a fast-paced environment.
• Flexible and proactive problem solver with a team-oriented approach.
• 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.

Nice-to-haves

• Aptitude for learning new systems and technologies.