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Average Salary for Parexel Employees

An average Parexel employee can expect to make $84K annually. How long you've been working influences pay for Parexel workers the most, followed by geography. This report is based on responses to the PayScale salary survey.

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How This Employer Pays

Parexel typically pays:
-5%
below market

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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

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.

Locations

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.

Jobs

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.

Skills

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.

Key Stats for Parexel

Gender

Female
45 %
Male
55 %
Salary
$50,000 - $88,000
Salary
$46,309 - $137,344
Less than 1 year
3%
1-4 years
37%
5-9 years
13%
10-19 years
20%
20 years or more
27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
 
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