Compensation Analyst

Posted 5 Hours Ago
Be an Early Applicant
Hiring Remotely in Bloemfontein, Mangaung, Free State, ZAF
In-Office or Remote
Mid level
Pharmaceutical
The Role
Support global compensation programs through job evaluation, market pricing, incentive plan analysis, annual salary planning, market research, data-driven reporting, and stakeholder advising to ensure equitable and competitive pay.
Summary Generated by Built In

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 something special - 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.

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.

Skills Required

  • 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
  • Advanced Excel and data management capabilities
  • Strong analytical mindset with ability to translate data into clear, actionable recommendations
  • Excellent communication skills, able to explain complex compensation concepts
  • Bachelor's degree in Human Resources, Business Administration, Finance, Economics, or related analytical field
  • Experience in pharmaceutical, biotech, or medical devices industry
  • Global knowledge or international experience

Parexel Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Parexel and has not been reviewed or approved by Parexel.

  • Healthcare Strength Health coverage is described as comprehensive, including medical, dental, vision, HSA/FSA options, and company-paid disability insurance. Descriptions often portray the package as strong or “top notch,” adding meaningful value.
  • Retirement Support Retirement offerings include a 401(k) with company matching and, in some regions, generous pension contributions. Core financial protections are emphasized as a solid part of the total rewards.
  • Leave & Time Off Breadth Time-off programs include ample PTO or flexible/unlimited RTO alongside flexible schedules and remote/hybrid options. Work-life balance support from managers is highlighted as a practical advantage.

Parexel Insights

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The Company
HQ: Raleigh, NC
20,524 Employees

What We Do

Parexel is among the world’s largest clinical research organizations (CROs), providing the full range of Phase I to IV clinical development services to help life-saving treatments reach patients faster. Leveraging the breadth of our clinical, regulatory and therapeutic expertise, our team of more than 21,000 global professionals collaborates with biopharmaceutical leaders, emerging innovators and sites to design and deliver clinical trials with patients in mind, increasing access and participation to make clinical research a care option for anyone, anywhere. Our depth of industry knowledge and strong track record gained over the past 40 years is moving the industry forward and advancing clinical research in healthcare’s most complex areas, while our innovation ecosystem offers the best solutions to make every phase of the clinical trial process more efficient. With the people, insight and focus on operational excellence, we work With HeartTM every day to treat patients with dignity and continuously learn from their experiences, so every trial makes a difference. For more information, visit parexel.com. Community Guidelines Because Parexel’s social media channels are open to the general public and employees, we are not responsible for views expressed other than our own. However, we do not tolerate posts that are: • Abusive, harassing or threatening to others. • Defamatory, offensive, obscene, vulgar or depicting violence. • Hateful targeting by race/ethnicity, age, color, creed, religion, gender, sexual preference or orientation, nationality or political beliefs. • Sexually explicit or pornographic. • Fraudulent, deceptive, libelous, misleading or unlawful. • Referencing criminal or illegal activity. • Spamming. We reserve the right to remove any comments that do not adhere to our guidelines as well as report users who violate the rules of our page.

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