Parexel Salary

As of July 2026, the average annual salary for employees at Parexel in the United States is $129,915. This translates to an approximate hourly wage of $62. Salaries at Parexel typically range from $114,605 to $146,517 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Parexel Pay for Different Roles?

Explore detailed salary information for specific jobs at Parexel. Based on our data, the highest paying job is the Associate Director, Medical & Scientific Services Technology, with an annual salary of $426,766. The table below outlines the annual salary ranges for most popular roles within the company.

AD, Business Relationship Manager, Regulatory & Corporate Comm

$141,843 / year

Salary Range: $126,742 - $156,208

Quality Management

Administrative Assistant

$47,203 / year

Salary Range: $42,633 - $52,925

Administrative Assistant I

Alliance Network Sourcing Specialist

$86,017 / year

Salary Range: $76,769 - $96,549

Licensing

Associate / Brand Marketing Manager - Biotech

$110,522 / year

Salary Range: $96,188 - $125,626

Product and Brand Marketing

Associate Biostatistics Director

$111,580 / year

Salary Range: $97,229 - $127,921

Research

Associate Counsel

$140,207 / year

Salary Range: $124,397 - $157,782

Research and Development

Turn Insight into Opportunity: Current Job Openings

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About Parexel: Company Profile

Website
www.parexel.com
Founded In
1982
Employees
15,000 - 50,000 employees
Industry
Software & Networking
Headquarter Location
AUBURNDALE
Revenue
$1B - $3B
Phone Number
-
Social Media
About PAREXEL
Parexel provides contract research, consulting, medical communications and related technology solutions for the biotechnology industry.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Parexel's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company operates efficiently in the wholesale space. Overall, it’s a rewarding place to build a career. It’s a dependable retail job. Decent pay and quarterly incentives.
The pay is competitive for the industry, and bonuses are a nice perk. I’ve seen many colleagues grow into leadership roles, proving that hard work is rewarded. The team feels like family, and morale is high. Leadership communicates vision clearly, and teamwork is emphasized. It’s a great place to grow and contribute meaningfully.
While not overly dynamic, it’s a dependable employer. I’d definitely recommend this company to anyone in retail looking for a positive workplace. The company’s growth in the wholesale space is impressive, creating more opportunities for employees. Good incentives and bonuses. I’ve learned a lot and have been promoted twice. The company values work-life balance and employee well-being.
Training programs are well-structured, helping newcomers adapt quickly. The office spaces (and stores) are well-maintained, creating a pleasant atmosphere. It’s a good fit for those who prefer structured roles in retail.
The work-life balance is good, and the team feels like family. Leadership is transparent about company goals, which keeps everyone aligned. Benefits are competitive, and the company invests in training. The team is professional, and the workload is manageable.

Is Parexel’s Pay Competitive? Salary Benchmarking Analysis

How does Parexel's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
P&F INDUSTRIES $114,087
-12.2%
P&F INDUSTRIES focuses strategically on recruiting and training entry-level apprentices.
P.D.A. SERVICES $86,021
-33.8%
P.D.A. SERVICES likely leverages performance bonuses over the high base salary shown here.
P&E MICROCOMPUTER SYSTEMS $103,253
-20.5%
Typical compensation structure for smaller regional agencies like P&E MICROCOMPUTER SYSTEMS.
P.I. WORKS, INC. $109,492
-15.7%
P.I. WORKS, INC. operates with a leaner overhead structure, impacting base wage offers.
Software & Networking Industry $126,859
-2.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Parexel.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Parexel, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Parexel salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Parexel

FAQ 1: What is the typical salary range (low to high) for most roles at Parexel?
The typical annual salary range for most roles at Parexel is approximately from $114,605 to $146,517. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: How much does Parexel pay compared to P&F INDUSTRIES?
The average annual salary at Parexel is $129,915, or an hourly wage of $62, in comparison to P&F INDUSTRIES which pays $114,086 per year or $55 per hour.
FAQ 3: How does experience level affect salary at Parexel?
Experience level is a significant factor in determining salary at Parexel, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Parexel in Boston is fair given the local cost of living?
To determine if a salary offer from Parexel in Boston is fair, first compare the gross salary to our data for similar roles at Parexel and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Boston" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Parexel?
Salary increases at Parexel are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.