The overall economic picture continues to brighten for the life sciences. In August, 169,000 jobs were added to payrolls of employers according to the Bureau of Labor Statistics (BLS). Furthermore, the National Venture Capitalists Association found that VC money flowing into the life sciences was up 41% in dollar terms in Q2 compared to Q1 at a figure of $1.3 Billion dollars. Regardless of the economic indicators that you observe, one common theme remains: those life science companies that are looking for qualified candidates continue to struggle to find the talent that they need and to retain it. In order to do so, as this article states, you may need to get creative.
Additional vacation, flexible work hours, or simply increased recognition of an employee’s accomplishments, can be the difference between attaining and retaining top talent, and letting those impact players slip away. Let us partner with you to create those out-of-the-box strategies that will allow you to remain one step ahead of your competition in the ever increasing war for talent.