Compensation Analyst

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Logo of Parexel

Parexel

10,000+ employees

Founded 1983

⚕ Healthcare Insurance

🧬 Biotechnology

💊 Pharmaceuticals

💰 Venture Round on 1990-01

Healthcare Insurance ‱ Biotechnology ‱ Pharmaceuticals

Parexel is one of the world's largest clinical research organizations (CROs), providing comprehensive services for the clinical development process from Phase I to IV. The company specializes in portfolio management, clinical trial management, regulatory strategy, market access, and lifecycle management for biopharmaceuticals. Parexel aims to speed life-changing medicines to market by leveraging its clinical, regulatory, and therapeutic expertise. With a global team of over 21,000 professionals, Parexel works to integrate patient insights and innovative trial designs to develop treatments across therapeutic areas such as oncology, neuroscience, rare diseases, and more. It focuses on delivering patient-centric and efficient clinical trials.

📋 Description

‱ Educate and advise colleagues across the business and HR on job evaluation, market pricing, and our innovative pay-for-performance philosophy ‱ Drive equitable compensation through job matching and market pricing analysis, applying rigorous job evaluation techniques to establish fair compensation rates using both internal and external data ‱ Analyze incentive plans with guidance, evaluating new and existing programs to ensure they align with business objectives ‱ Conduct market research and provide actionable insights to HR and business leaders on compensation trends and competitive positioning ‱ Work on annual salary planning by coordinating and guiding our annual salary review process across the organization ‱ Support strategic initiatives by participating in compensation projects and delivering data-driven reports and analysis ‱ Ensure data integrity by managing compensation decision processes and communicating decisions clearly to HR and employees ‱ Build strong partnerships across a geographically distributed workforce, fostering collaboration and maintaining a results-oriented team environment

🎯 Requirements

‱ Strong analytical background with experience in Compensation, Total Rewards, Human Resources, Finance, or related functions ‱ Proven experience working in global, matrix environments ‱ Track record supporting geographically distributed teams and HR Business Communities ‱ Experience in pharmaceutical, biotech, or medical devices industry is a plus ‱ Advanced Excel and data management capabilities ‱ Strong analytical mindset with the ability to translate data into clear, actionable recommendations ‱ Excellent communication skills—you can explain complex compensation concepts to diverse audiences ‱ Global knowledge or international experience is a plus

đŸ–ïž Benefits

‱ Health insurance ‱ Retirement plans ‱ Paid time off ‱ Flexible work arrangements ‱ Professional development

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