Compensation Analyst

When our values align, there's no limit to what we can achieve. At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by a deep conviction in what we do. Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.

What You'll Do

• 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.

What We're Looking For Experience & Background

• 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.

Skills & Abilities

• 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.

Education

• Bachelor's degree in Human Resources, Business Administration, Finance, Economics, or related analytical field.

Why Join Parexel?

You'll work with a talented Compensation team dedicated to building equitable, competitive pay programs in a dynamic, global organization. This is an opportunity to make a real impact on how we attract, retain, and reward our diverse workforce.