Years of Experience
Respondents who have been working for five to nine years make around $72K per year on average. Overall, the greater share of Parexel folks have one to four years of experience and earn an average $54K annually.
When it comes to location, the highest average paycheck (approximately $115K per year) can be spotted in Philadelphia, Pa.; Boston, Mass. (about $103K), Billerica, Mass. ($67K), and San Diego, Calif. ($63K) are the next top-paying cities. Durham, N.C. ranks low on the pay scale — at $50K, it is one of the lowest-paid cities. By state, the highest pay levels are found in Florida, where the average Parexel employee makes about $145K annually.
The highest average salaries go to Senior Clinical Research Associates, who bring in close to approximately $116K per year, though Medical Writers are not far behind at $106K along with Senior Event Managers earning around $86K.
Certifications and Degrees
Regarding salaries and education, Parexel pays those with a Master of Business Administration (MBA) the most — $100K.
The highest-paying skill in this position seems to be Operations Management; individuals who report it as part of the repertoire have a median income of around $100K annually. Clinical Research is a popular skill among Parexel workers, with just under a third of those surveyed reporting using it on the job. Other top skills include Project Management, Event Management, and Event Planning.
Benefits and Perks
Two in five workers have paid vacation, and only about a quarter of respondents can take paid time off for illness. To plan for old age, a large number of survey participants maintain savings accounts through the company's 401(k) plan. Nearly all workers receive health insurance, and most respondents get dental coverage. The company also dishes out perks such as flexible hours, optional telecommute / work from home, a stock purchase plan, and life insurance.