Years of Experience
Survey participants who have worked at Parexel for between five and 10 years earn $72K annually on average. Overall, the greater share of Parexel folks have one to four years of experience and earn an average about $52K per year.
When it comes to location, the highest average paycheck (around $115K annually) can be spotted in Philadelphia, Pa.; Boston, Mass. ($103K), Billerica, Mass. ($67K), and San Diego, Calif. (approximately $63K) are the next top-paying cities. Expected earnings are below average (about $50K) in Durham, N.C., one of the lowest-paid cities. Within the company, workers earn the highest salaries (an average of $140K per year) in Florida.
Senior Clinical Research Associates earn the highest median pay at around $119K annually, followed by Medical Writers ($106K) and Senior Event Managers ($86K).
Certifications and Degrees
Those with a Master of Business Administration (MBA) at Parexel come out on top, and their salaries approach approximately $100K per year.
The best-paying skill to have in this role appears to be Operations Management; employees who claim this ability report median compensation of about $100K annually. One of the more prevalent skills at Parexel is Clinical Research, with slightly less than a third considering it a key competency. Some other standard skills here are Project Management, Event Planning, and Event Management.
Benefits and Perks
Benefits packages do tend to lack paid time off; Parexel gives paid vacation days to two in five workers and sick leave to one in four respondents. Most survey participants set aside retirement funds in an employer-sponsored 401(k). Almost all survey participants can count on health insurance, and a large number of respondents have dental coverage as a benefit. Parexel employees also enjoy perks such as flexible hours, optional telecommute / work from home, a stock purchase plan, and life insurance.