Aspen Technology - Houston, TX
posted about 2 months ago
The Sr Compensation Analyst at Aspen Technology Inc. plays a crucial role in analyzing and administering compensation programs, policies, and procedures to ensure that the company is well-positioned to attract and retain high-quality talent. This position focuses particularly on Field Operations compensation programs, which include Sales, Inside Sales, Business Consulting, Professional Services, and Customer Support and Training. The analyst will ensure that these compensation programs align with the company's strategies and goals while remaining compliant with global regulations. In this role, the analyst will collaborate with Field Operations Executives to establish and review market-based target total compensation for all Field Operations positions, ensuring that all key positions are linked to accurate and appropriately leveled market data. The analyst will regularly evaluate and classify new positions to maintain external competitiveness and internal equity. Additionally, the analyst will review current base and incentive programs to assess their effectiveness and develop recommendations for modifications as necessary. The position also involves monitoring the administration of promotions and transfers within and between Field job families, ensuring compliance with guidelines globally in collaboration with regional HR representatives. The analyst will participate in annual salary planning cycles, including bonus, equity, and merit processes, and will be responsible for researching, analyzing, assessing, and administering compensation programs and processes. Furthermore, the analyst will be a member of the Oracle implementation team, tasked with implementing compensation management technology and analytics, while maintaining and auditing compensation data in Oracle to prepare comprehensive models and reports as needed. Finally, the analyst will monitor compensation practices to ensure compliance with laws and regulations such as FLSA, Title VII, Equal Pay Act, and the Americans with Disabilities Act, among others, ensuring that the company adheres to country-specific requirements.