Average Salary for Parexel Employees

The median salary at Parexel is $84K per year. Your role at the company plays the largest role in compensation at Parexel, but your experience level and geography affect income (to a lesser degree) as well. The data for this report comes from responses to the PayScale salary survey.

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Employer: Parexel
Average Salary Range by Job
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About This Company

United States of America 

1983

Pharmaceutical industry


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

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.

Locations

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.

Skills

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.

Parexel Employer Job Listings

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Key Stats for Parexel

Gender

Female
69 %
Male
31 %
Salary
$44,698 - $95,145
Salary
$63,000 - $130,500
Less than 1 year
7%
1-4 years
32%
5-9 years
18%
10-19 years
23%
20 years or more
20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
$34,228 - $112,927
$62,000 - $82,424

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