Clinical Operations Managers are awarded the highest paychecks, with compensation nearing about $122K annually on average; Senior Clinical Research Associates are next on the list, bringing in close to $119K, followed by Senior Event Managers earning $88K and SAS Programmers making $82K. On the lower end are Clinical Research Monitors at around $51K on average.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to approximately $75K per year. Broken down by tenure, the largest share of Parexel employees (31 percent) have one to four years of experience and earn about $62K annually on average.
When it comes to location, the highest average paycheck ($115K per year) can be spotted in Philadelphia, Pa.; Durham, N.C. (around $78K), Boston, Mass. ($73K), and Billerica, Mass. ($66K) are the next top-paying cities. Expected earnings are below average (approximately $63K) in Raleigh, N.C., one of the lowest-paid cities. Across Parexel's U.S. offices, employees in the state of Pennsylvania earn the most, taking home $113K annually.
Certifications and Degrees
Registered Nurses receive bigger paychecks (about $115K per year) than those without credentials. Bigger paychecks are awarded to Certified Clinical Research Associates with credentials; these people earn approximately $91K annually on average. At Parexel, employees who hold a Master of Science (MS) receive the highest salaries at $111K.
Employees who count Clinical Research among their skills enjoy higher pay; the median for this group is around $108K per year. It's pretty common to find people here who know Project Management; close to one-seventh consider it a key competency. Data Analysis, Microsoft Office, and Oral / Verbal Communication are also desirable skills.
Benefits and Perks
35 percent receive paid vacation, and only one in five respondents get sick leave. A solid majority of respondents participate in the company's 401(k) retirement savings plan. Parexel provides health insurance to nearly all employees, and a large number of respondents do receive dental coverage. The list of perks also includes life insurance, tuition reimbursement, a casual working environment, and flexible hours.