Sr Compensation Analyst

The driving force behind our success has always been the people of Aspen Tech. 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 Senior Compensation Analyst is a key member of the Total Rewards team for Aspen Tech, a business unit of Emerson, focusing on job evaluation using market pricing, mapping internal jobs to Pay Factors, and making salary range midpoint recommendations. The role involves managing global salary structures, creating and updating job profiles, analyzing market data, and supporting the annual compensation cycle.

This position partners closely with Global HRBPs, regional HR teams, FP&A, Legal, and the Emerson compensation team to ensure alignment, consistency, and competitive, equitable, and compliant compensation practices worldwide. Alignment with Emerson guidelines ensures consistency across business units, maintains fairness, and supports strategic business objectives.

The role may also be pulled to work on special projects or ad-hoc requests in support of the Total Rewards strategy and operates in a fast‑paced, dynamic environment.

• Job Evaluation & Market Pricing:
• Conduct market pricing analyses to benchmark internal roles against external market data.
• Map internal jobs to Pay Factors based on job descriptions and closest matches.
• Make salary range midpoint recommendations supported by factual data and rationale, ready to present to HRBPs or HR Leadership Team (HRLT).
• Partner with HRBPs and/or HRIS to create or update job profiles, ensuring equitable positioning across the organization.
• Global Salary Structures & Compensation Programs:
• Maintain and update global salary ranges, ensuring alignment with market trends, business strategy, and Emerson guidelines.
• Monitor annual market data and prepare projections for salary structure movement and salary budgets, ensuring alignment with Emerson guidelines to support the annual compensation cycle.
• Build and maintain models to run projections on salary structures and annual compensation budgets, working closely with FP&A to ensure alignment with financial forecasts and organizational priorities.
• Ensure data integrity in Workday, Pay Factors, and other HR systems to support accurate compensation decisions.
• Data Analytics & Reporting:
• Pull, clean, and analyze compensation data using Workday, Excel, and Pay Factors.
• Conduct internal equity and pay compression analyses to identify, address, and prevent potential disparities across roles, levels, and geographies.
• Provide actionable insights and recommendations that balance market competitiveness, internal equity, and budget alignment.
• Annual Compensation Cycle Support:
• Participate in the annual salary review process, providing analysis, recommendations, and budget projections.
• Support global merit, bonus, and equity processes, ensuring fair and accurate implementation.
• Partner with HRBPs to identify potential new job profiles and ensure equitable placement and alignment within existing salary structures.
• Presentations & Stakeholder Engagement:
• Prepare and present compensation updates, recommendations, and rationale to HRBPs, HRLT, FP&A, and other stakeholders.
• Engage with FP&A to communicate projected costs, scenarios, and alignment with budgets.
• Collaborate with Legal teams to ensure compliance with local regulations, policies, and employment laws.
• Work closely with the Emerson compensation team to ensure alignment, consistency, and fair application of compensation practices across business units.
• Process & System Management:
• Maintain integrity of compensation-related HR data and system configurations.
• Manage Pay Factors platform setup, reporting, and maintenance for efficient compensation analysis.
• Participate in industry surveys and maintain survey data for annual benchmarking.
• Advisory &
  
  Collaboration:
  
  
• Provid…