Years of Experience
Those who have five to nine years of work experience see average salaries of around $69K per year. The largest slice of the Parexel workforce (33 percent) has been working for one to four years and earns, on average, approximately $54K annually.
When it comes to location, the highest average paycheck ($115K per year) can be spotted in Philadelphia, Pa.; Boston, Mass. ($103K), Billerica, Mass. ($67K), and San Diego, Calif. (about $63K) are the next top-paying cities. Approaching the lower end of the pay scale (at approximately $50K) is Durham, N.C. Parexel workers in Florida earn the most — $145K annually on average.
Senior Clinical Research Associates are awarded the highest paychecks, with compensation nearing around $116K per year.
Certifications and Degrees
Parexel provides the highest financial reward to those with a Master of Business Administration (MBA) — these employees rake in $99K annually.
The highest-paying skill to have may be Operations Management; employees who claim proficiency also report a higher average salary of about $100K per year. Clinical Research is regularly seen around here; approximately one-fourth of those surveyed report it as a core competency. Project Management, Event Management, and Event Planning round out the set of key employee skills.
Benefits and Perks
Half of workers have paid vacation, and only about one in three workers can take paid time off for illness. Nearly all survey participants participate in a 401(k) program. Health insurance comes as part of the deal for almost all workers, and a large number of survey participants report receiving dental coverage as well. Perks also include flexible hours, optional telecommute / work from home, life insurance, and a stock purchase plan.