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Total Rewards

The expertise and commitment of our employees around the world is one of the most important drivers of PAREXEL’s success. Our Total Rewards strategy is designed to attract, retain and reward the people responsible for our long-term growth and profitability with programs that are locally competitive and meet the personal and financial needs of our employees.

Compensation & Benefits
Compensation and benefit programs vary greatly by country but generally include a competitive base pay program, incentives for eligible employees, healthcare and other insurance coverage and savings programs.

Paid Time Off
PAREXEL believes that time away from work promotes work/life balance, so we provide our employees with a generous paid time off benefit. Paid time off benefits vary by country but can include vacation and sick pay as well as local holidays.

Career Development
PAREXEL is committed to rewarding, developing and retaining talent. We share responsibility with our employees for career development and provide a wide range of resources for employees and managers to help them determine and meet those development needs. These resources include:

  • Performance Management & Development Planning
    Our global Performance Management & Development program is designed to set objectives for employees in their existing roles that align with PAREXEL’s business objectives, and also to establish long-term objectives aligned with each employee’s career development goals.  
  • Personalized Learning Plans
    PAREXEL offers tailored learning and development programs to support career development needs in all areas of our business. We also offer the technology to create and maintain personalized learning plans for all stages of an employee’s career.
  • On-the-Job Development
    On-the-job development is a critical component of PAREXEL’s career development program. Developmental assignments, international assignments and mentoring are a few of the programs available. In addition, all employees have access to our online job posting site, which provides information on open positions across the organization.
  • High Potential Program
    Developing Future Leaders: PAREXEL’s High Potential Program was created to identify and develop leaders who have the potential to take on senior leadership roles over time. It is intended to be challenging and rewarding and requires a strong commitment to professional development