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Working At Parexel

Zippia Score 4.5

Parexel overview

Parexel International is a global provider of biopharmaceutical services. It conducts clinical trials on behalf of its pharmaceutical clients to expedite the drug approval process.
The staff at Parexel come from unusually diverse demographic backgrounds. The company is 53.4% female and 43.4% ethnic minorities. Even though it has great demographic diversity, Parexel notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 75.8%. Despite having coworkers who agree with each other about politics, employees at Parexel tend to have relatively short tenures. Staff members usually stay with the company for 2.6 years. The average employee at Parexel makes $88,697 per year, which is competitive for its industry and location. Some of its highest paying competitors, Chiltern International, Janssen, and inVentiv Health, pay $91,732, $89,705, and $88,153, respectively.
Based in Waltham, Massachusetts, Parexel is an industry leader with 20,000 employees and an annual revenue of $2.1B.

The Organization’s Mission

To combine the strength of our expertise, experience and innovation to advance the worldwide success of the biopharmaceutical and medical device industries in preventing and curing disease.

Industry

Pharmaceutical

Revenue

$2.1B

Employees

20,000

Founded in

1982

Headquarters

Waltham, MA

Website

parexel.com

Organization Type

Private

Is This Your Company?

The team at Parexel

Key People
  • Jamie MacDonald (ceo)
  • Josef Rickenbach (founder)
The Culture At Parexel
Information provided by the company
We believe in our values; Patients First, Quality, Respect, Empowerment & Accountability.
Provides ideas for new innovative service offerings to management team based on experience.
If impact, flexibility, and career development appeal to you, please apply to learn more.
We are willing to train someone who is passionate and looking to take that next step into Business Development

What do people say about Parexel

Zippia Official Logo

3.0

Zippia UserJune 2019

3.0

Zippia Official LogoZippia UserJune 2019

What Do You Like About Working There?

Not more stress and burden Show More
Zippia Official Logo

5.0

Zippia UserMay 2019

5.0

Zippia Official LogoZippia UserMay 2019

What Do You Like About Working There?

My team was knowledgeable and we built a good working relationship Show More
Zippia Official Logo

4.0

Zippia UserApril 2019

4.0

Zippia Official LogoZippia UserApril 2019

What Do You Like About Working There?

End to End work in Data management, which allows me to gain complete process knowledge and executing projects in smooth way while complying SOP's Show More
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Parexel Rankings

Parexel is ranked #$14 on theBest Pharmaceutical Companies to Work For in Massachusettslist. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Parexel Salaries

How much does Parexel pay?
The national average salary for a Parexel employee in the United States is $88,697 per year. Employees in the top 10 percent can make over $131,000 per year, while employees at the bottom 10 percent earn less than $59,000 per year.
9.1
Salary Score
Average Employee Earnings

Parexel Salaries By Job Title

While Parexel employees earn an average yearly salary of $88,697, different roles can command different wages. Some of the positions that earn high wages at Parexel include Clinical Associate, Senior Software Engineer, Principal Technologist, and Principal Developer. A typical Clinical Associate salary at Parexel is $142,083 per year. Some of the other roles at Parexel are Customer Service Representative and Accounts Payable Clerk. A worker with the title Customer Service Representative at Parexel earns an average salary of $30,202 per year.

Parexel careers

On average, employees at Parexel stay with the company for 2.6 years. Employees most commonly join Parexel after leaving Pharmaceutical Product Development. When they leave Parexel, they most frequently get their next job at Pharmaceutical Product Development.

Average Length of Employment
Covance2.7 years

Parexel

2.6 years
ExecuPharm2.4 years
Top Employers Before Parexel
Covance7.1 %
Show More
Top Employers After Parexel
Covance7.8 %
Biogen7.0 %
Show More
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Parexel Financial Performance

8.3
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1982

Organization type

Private

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Parexel Subsidiaries

Subsidiaries to Parexel include ExecuPharm. Employees at the parent company, Parexel, earn $88,697 whereas employees at ExecuPharm earn $82,934, on average.

Parexel Competitors

Some of the competitors of Parexel are Chiltern International, Janssen, and inVentiv Health. The average salaries at Chiltern International rank the highest, with their employees earning an average salary of $91,732 per year. Employees at Janssen earn an average of $89,705 per year, and the employees at inVentiv Health earn an average salary of $88,153 per year.

Frequently Asked Questions about Parexel

When was Parexel founded?

Parexel was founded in 1982.

How many Employees does Parexel have?

Parexel has 20,000 employees.

How much money does Parexel make?

Parexel generates $2.1B in revenue.

What industry is Parexel in?

Parexel is in the pharmaceutical industry.

What is Parexel's mission?

Parexel's mission statement is "To combine the strength of our expertise, experience and innovation to advance the worldwide success of the biopharmaceutical and medical device industries in preventing and curing disease."

What type of company is Parexel?

Parexel is a private company.

Who are Parexel's competitors?

Parexel competitors include Pharmaceutical Product Development, Covance, ExecuPharm, Charles River Laboratories, Pfizer, Medpace, Duke Clinical Research Institute, Chiltern International, MDS Pharma Services, United BioSource, ICON Development Solutions, Quintiles Transnational, inVentiv Health, Janssen, Ora, Novum Pharmaceutical Research Services, Bayer, Sanofi Pasteur, Incyte, Cephalon.

Who works at Parexel?

Jamie MacDonald (ceo)

Josef Rickenbach (founder)

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You can find out what it is like to work at Parexel, also known as PAREXEL, PAREXEL INT CORP, PAREXEL International Corporation, Parexel and Parexel International Corporation.

Zippia gives an in-depth look into the details of Parexel, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Parexel. The employee data is based on information from people who have self-reported their past or current employments at Parexel. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Parexel and its employees or that of Zippia.