Compensation Analyst

At Parexel, we believe fair and competitive compensation is fundamental to attracting and retaining top talent. We're seeking a detail-oriented Compensation Analyst to work with our experienced Compensation team in developing, implementing, and administering our global compensation programs.

What You'll Do:

In this role, you'll be at the intersection of data, strategy, and people. You will;

• 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.