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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 56.3% 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 81.5%. 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 2.7 years. The average employee at Parexel makes $85,860 per year. In comparison, some of its highest paying competitors, like Karyopharm Therapeutics, Quintiles Transnational, and Incyte, pay $97,763, $90,654, and $89,649, respectively.
Based in Waltham, MA, 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

Public

Is This Your Company?

The Team At Parexel

Key People
  • Josef Von Rickenbach (founder)
  • Jamie MacDonald (ceo)

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

Parexel Reviews

Zippia Official Logo

5.0

Zippia UserOctober 2020

5.0

Zippia Official LogoZippia UserOctober 2020

What Do You Like About Working There?

opportunity to learn is great Show More

What DON'T You Like About Working There?

slow promotions and al lot of hierchy Show More

What Are Your Favorite Benefits/Perks?

healthcare and benefits were good Show More
Zippia Official Logo

3.0

Zippia UserAugust 2020

3.0

Zippia Official LogoZippia UserAugust 2020

What Do You Like About Working There?

The peeople Show More

What DON'T You Like About Working There?

Empty promises, and no direct guidance; you learn to sink or swin Show More

What Are Your Favorite Benefits/Perks?

Good Life balance and retirement benefits Show More
Zippia Official Logo

3.0

Zippia UserJuly 2020

3.0

Zippia Official LogoZippia UserJuly 2020

What Do You Like About Working There?

The people, great teamwork! Show More

What DON'T You Like About Working There?

Corporate politics, extreme long hours due to lack of resources. Show More

What Are Your Favorite Benefits/Perks?

Working remote, flexible hours. Show More
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

What DON'T You Like About Working There?

Managers think they are boss and shows bossism and treats employees like slaves Show More

What Are Your Favorite Benefits/Perks?

Norhing 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

What DON'T You Like About Working There?

N/A Show More

What Are Your Favorite Benefits/Perks?

No perks because i was a contractor Show More
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Parexel Rankings

Parexel is ranked #8 on the Best Pharmaceutical Companies to Work For in Massachusetts list. 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 $85,860 per year. Employees in the top 10 percent can make over $127,000 per year, while employees at the bottom 10 percent earn less than $57,000 per year.
9.1
Salary Score
Average Employee Earnings

Parexel Salaries By Job Title

The average employee at Parexel earns a yearly salary of $85,860 per year, but different jobs can earn drastically different salaries. Some of the job titles with high salaries at Parexel are information technology director, principal technologist, principal developer, and database manager. A typical information technology director salary at Parexel is $143,450. Some of the other roles at Parexel are customer service representative and enrollment specialist. A worker with the title customer service representative at Parexel earns an average salary of $32,386 per year.
Job Title
Title
ascdesc
Average Salarydesc
Information Technology Director
Salary Range133k - 154k$143k$143,450
Principal Technologist
Salary Range113k - 137k$125k$124,742
Principal Developer
Salary Range114k - 129k$122k$121,723
Database Manager
Salary Range114k - 128k$121k$121,384
Lead Operator
Salary Range108k - 124k$116k$116,299
Senior Software Engineer
Salary Range103k - 130k$116k$116,207
Business Partner
Salary Range101k - 123k$112k$112,200
Database Administrator
Salary Range96k - 122k$109k$108,795
Clinical Associate
Salary Range92k - 118k$105k$104,891
Biostatistician
Salary Range87k - 118k$102k$102,087
$68k
$154k

Parexel Careers

On average, employees at Parexel stay with the company for 2.7 years. Employees most commonly join Parexel after leaving Quintiles. When they leave Parexel, they most frequently get their next job at Biogen.

Average Length of Employment

Parexel
2.7 years
Covance
2.6 years
ExecuPharm
2.5 years

Top Employers Before Parexel

Quintiles
13.1 %
Covance
7.8 %
Pfizer
6.9 %

Top Employers After Parexel

Biogen
11.7 %
Covance
7.8 %

Parexel Employee Demographics

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Parexel Employees Education

Of the 20,000 employees at Parexel, 10.1% attended Northeastern University. Employees at Parexel most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Parexel Employee Political Affiliation

Parexel employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Parexel employee was by Thomas Shook. Thomas Shook donated $6,750 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Thomas ShookPhysician
Thomas Shook
Physician
Physician
Democratic Party
Democratic Party
$6,750Democratic Party
$6,750
Suzanne EdwardsStatistician
Suzanne Edwards
Statistician
Statistician
Democratic Party
Democratic Party
$4,520Democratic Party
$4,520
Leonard SigalPhysician
Leonard Sigal
Physician
Physician
Democratic Party
Democratic Party
$4,500Democratic Party
$4,500
William KadishMedical Writer
William Kadish
Medical Writer
Medical Writer
Democratic Party
Democratic Party
$3,901Democratic Party
$3,901
Christina CraterMedical Director
Christina Crater
Medical Director
Medical Director
Democratic Party
Democratic Party
$3,750Democratic Party
$3,750
Bielka MoraSenior Event Manager
Bielka Mora
Senior Event Manager
Senior Event Manager
Democratic Party
Democratic Party
$2,700Democratic Party
$2,700
James WinschelChief Finance Officer
James Winschel
Chief Finance Officer
Chief Finance Officer
Republican Party
Republican Party
$2,500Republican Party
$2,500
JOE AvelloneExecutive
JOE Avellone
Executive
Executive
Democratic Party
Democratic Party
$1,950Democratic Party
$1,950
Heather KirkLeader
Heather Kirk
Leader
Leader
Democratic Party
Democratic Party
$1,907Democratic Party
$1,907
Tara BreithauptSenior Clinical Research Associate
Tara Breithaupt
Senior Clinical Research Associate
Senior Clinical Research Associate
Democratic Party
Democratic Party
$1,481Democratic Party
$1,481
Show More

Parexel Financial Performance

8.1
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

Public

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Parexel Subsidiaries

Subsidiaries to Parexel include ExecuPharm. Employees at the parent company, Parexel, earn $85,860 whereas employees at ExecuPharm earn $80,609, on average.
Company
ascdesc
Average Salarydesc
ExecuPharm
Salary Range62k - 104k$81k$80,609
$62k
$104k

Parexel Competitors

Based on our research, similar companies to Parexel are Karyopharm Therapeutics, Quintiles Transnational, and Incyte. The average salaries at Karyopharm Therapeutics rank the highest, with their employees earning an average salary of $97,763 per year. The employees at Quintiles Transnational earn an average yearly salary of $90,654 per year, and the salaries at Incyte average $89,649 per year.
Companydesc
Average Salarydesc
Karyopharm Therapeutics
Salary Range74k - 127k$98k$97,763
IQVIA
Salary Range76k - 107k$91k$90,654
Incyte
Salary Range70k - 114k$90k$89,649
Synteract
Salary Range70k - 109k$88k$87,693
Quintiles
Salary Range72k - 105k$88k$87,528
Alexion Pharmaceuticals
Salary Range66k - 112k$86k$86,316
Pfizer
Salary Range64k - 106k$83k$82,877
PRA International Operations
Salary Range65k - 103k$83k$82,505
Hoffmann-LA Roche
Salary Range64k - 105k$82k$82,242
ExecuPharm
Salary Range62k - 104k$81k$80,609
$38k
$127k

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 public company.

Who are Parexel's competitors?

Parexel competitors include Covance, ExecuPharm, Charles River Laboratories, Quintiles, Pfizer, PRA International Operations, Premier Research, Quintiles Transnational, Synteract, Bioanalytical Systems, Alexion Pharmaceuticals, Incyte, Covance, Biomedical Systems, Shire US, Hoffmann-LA Roche, Covance Laboratories, ICON Development Solutions, Karyopharm Therapeutics, CTI BioPharma.

Who works at Parexel?

Josef Von Rickenbach (founder)

Jamie MacDonald (ceo)

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Updated December 31, 2020

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.

Parexel may also be known as or be related to PAREXEL INT CORP, PAREXEL International Corporation, Parexel, Parexel International and Parexel International Corp.