PAREXEL Reviews in Waltham, MA | Glassdoor

PAREXEL Waltham Reviews

Updated June 16, 2017
7 reviews

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Waltham, MA

1.0
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PAREXEL Chairman and CEO Josef H. von Rickenbach
Josef H. von Rickenbach
1 Rating

7 Employee Reviews

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Pros
Cons
  • As a decentralized employee, work / life balance is sometimes a challenge (in 62 reviews)

  • Upper management needs to get it together or they will lose the people that actually keep the clients satisfied (in 31 reviews)

More Pros and Cons

  1. Helpful (14)

    "Sinking ship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Waltham, MA
    Former Employee - Manager in Waltham, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at PAREXEL full-time (More than 3 years)

    Pros

    Health Insurance, dental insurance, PTO, 401K

    Cons

    High turnover, incompetent management, outdated systems, high stress due to constant layoffs and reorganizations, compensation about 15% below market.

    Advice to Management

    Try to stay afloat, considering you lost all your institutional knowledge in the finance organization. Hire people who are competent and like working with other people, and don't think trickery is a virtue. And one finance is a joke. You can't expect an internal auditor to do tax returns and a financial analyst to do SOX compliance. Just grow up, would you.


  2. Helpful (7)

    "Margin acceleration"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Waltham, MA
    Former Employee - Anonymous Employee in Waltham, MA
    Doesn't Recommend
    Disapproves of CEO

    I worked at PAREXEL full-time (More than 10 years)

    Pros

    Looks good on a resume

    Cons

    Management decided to cut costs by outsourcing my job function to India. Outsourcing jobs has been an ongoing thing at Parexel since 2009. They're doing it in small increments over time to avoid getting too much negative publicity and alarming clients. Seriously, stay away if you live in the USA or other high-cost country.

    Advice to Management

    Get a clue before it's too late

  3. "SSVE"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Validation Engineer in Waltham, MA
    Former Employee - Senior Software Validation Engineer in Waltham, MA

    I worked at PAREXEL (More than 3 years)

    Pros

    Top most CRO companies and has work life balance

    Cons

    Too stress ful in some groups


  4. Helpful (5)

    "Stay Away...."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Waltham, MA
    Current Employee - Director in Waltham, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at PAREXEL full-time (More than 5 years)

    Pros

    Benefits (health, dental, vacation (3 weeks), global company, ability to be home based)

    Cons

    Doesn't value employees; bureaucratic; cronyism rampant; Sr. Mgmt thinks they are GOD and that they must be treated that way; to many VPs and no resource; no career advancement unless you are a benefactor of cronyism; Sr. Mgmt out of touch and policies reflect that; Workload expectations very unrealistic; don't care about level of education or skills

    Advice to Management

    Return to valuing your employees and quit putting so much resource and value into VPs that do nothing. Promote people b/c they deserve it and have worked hard for it. Develop policies that match the real work that is going on; Quit hiring VPs and instead hire resource that is actually needed for projects.


  5. Helpful (3)

    "The ship is sinking, no kidding ..."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waltham, MA
    Current Employee - Anonymous Employee in Waltham, MA
    Doesn't Recommend
    No opinion of CEO

    Pros

    flexible working hours, as long as you get the job done, no one really cares when you come in and when you leave. You can work from home as well. 20% + of the employees are decentralized.

    Cons

    chaos in financial and operational systems, currently.
    too many highly paid directors who are only good at talking, but not real working.
    High turnover rate, over-burned work bees.

    Advice to Management

    Hire and keep the good employees!


  6. Helpful (7)

    "Smoke and Mirrors"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Imaging Research Associate in Waltham, MA
    Former Employee - Imaging Research Associate in Waltham, MA
    Doesn't Recommend
    No opinion of CEO

    Pros

    semi casual dress code, good benefits, requires no intelligence (i.e. coming in hungover can still = a productive day)...actually, coming in unconscious could still be productive!

    Cons

    What a joke this place is. They sell services for huge dollars and pay the worker bees a pittance. The services they sell are usually pretty ad hoc, out dated, and labor intensive ( i.e. INEFFICIENT) on behalf of the employee ( at least in Imaging it is). Overtime is expected without any extra pay or recognition...but you do get crappy, supermarket cake once a month ( the IRA managers really seem to think this is a great benefit! Career development is nil, the experience you gain is barely transferable anywhere else...and dont expect a mentor in your supervisor, odds are, you are more educated than he is) Promotion is ridiculous; basically the biggest butt kisser who is willing to act like a trained monkey that plugs away making .img files all day without complaint or expectation of stimulating work, is the one who is going to get promoted. Rampant favoritism for the ones who arent willing to rock any boats and actually improve the company. But how can you improve the company when most of the supervisors are less educated/intelligent/scientifically and technically knowledgeable than their employees? The funny thing is, the management seems to actually believe that they are providing novel, state of the art services. The pay wouldnt be such an insult if they actually compensated for overtime....since its so expected.

    Advice to Management

    You can't hire bright, scientifically minded kids with advanced degrees and expect them to peck away at a computer all day. This job provides ZERO stimulation or satisfaction and requires ZERO effort or intelligence. Like I said, you could probably train a monkey to do it. Start getting some education going on in there...and no, I dont mean CONSTANT GCP training- we get it. Stop feeding clients our impressive academic resumes to gain higher hourlies for services and not compensating us for our backgrounds and hard work. Please stop pretending our services are brilliant- making .img files and copying videos of echoes isnt something that I couldnt do at home with a VCR and a Commodore 64...or why dont you actually come up with some brilliant services? Hire some TALENTED management, preferably someone with more of an education and experience than the people that report to them so they can serve some sort of career development and mentoring function. The "imaging research associate" title is basically like calling a janitor a sanitation engineer. Obviously you cant "tell it like it is" to the clients ( otherwise you wouldnt have any) but please dont insult our intelligence by trying to con us into thinking this role is really even part of the clinical research process....


  7. "It's true -- an employee at Perceptive/Parexel is simply a cog in the machine. Incredibly high turnover & burnout."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Waltham, MA
    Former Employee - Project Manager in Waltham, MA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Decent benefits & time off time (though not bonuses). Many of the worker bees are pretty good and nice, but all life is sucked out of them and you. Got some pretty good clin research experience.

    Cons

    Too many to list. Overwork, poor technology & support, bad vibe of management. Overall a horrible place to work,

    Advice to Management

    Care about employees, don't be so penny-wise, pound foolish. Turnover rate is very costly!


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