Download - Recruiting & retaining a competitive workforce

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Page 1: Recruiting & retaining a competitive workforce

Recruiting & retaining a competitive workforce

Leon Hendra,

Head of Contracting

Page 2: Recruiting & retaining a competitive workforce

Today’s agenda

• Case study: Recruiting and retaining talent in an organically grown business, with reference to leadership & development

• Real Life Sciences’ industry report highlights: Recruiting and retaining a competitive workforce, A spotlight on European employers 2014

• About Real Life Sciences.

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Leading the field

Real Life Sciences is a global leader in pharma, biotech and medical devices recruitment.

We have one of the largest networks of specialist recruiters in the world.

We have more 250 specialist pharma, biotech and medical devices recruiters worldwide – and growing.

Our premise: by recognising talent and valuing relationships we can deliver local, global and industry expertise wherever you need it.

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From our offices around the world Real Life Sciences is committed to providing our clients and candidates with the highest standards in recruitment and to providing each with a personal and bespoke experience.

Global reach

SydneyBrisbane

AmsterdamFrankfurtZurichBrussels

LeedsBirminghamLondon CityLondon Soho

BostonNew YorkChicagoSan FranciscoSan Diego

Paris

Singapore

Tokyo

Dublin

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Our methodology

Real Life Sciences industry report:Recruiting and retaining a competitive workforce

• Based on the results of our worldwide employer survey, conducted with over 200 leading Life Sciences organisations from across the world.

• Plus further insight from our series of 10 international thought-leadership roundtables, which were attended by senior leaders from across the Life Sciences industry.

Download the full report at:

www.realstaffing.com/insight

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The recruitment outlook

In the past 12 months do you think the available talent pool has:

Increase market share

Top 3 commercial objectives for the next 3 years:

70.8%

61.1%

55.6%

Develop new products

Increase competitiveness

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The recruitment landscape

How important are the following factors when looking for a new role?

European employee perspective 2013

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Recruitment trends and challenges

Increasing salary and bonus expectations50.0%

47.2%

44.4%

Increased competition for the best people

Lack of skilled professionals on the market

Top 3 recruitment trends seen by employers:

Biggest challenges facing employers:

Lack of talent51.4%

50.0%

48.6%

Lack of available skilled talent

Competition for the best talent

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Paying attention to retention

Employers are confident about retaining their best people, saying:

70.0%

57.5%

44.4%

Our staff churn levels are low

We offer competitive salaries/financial packages

We offer competitive flexible benefits/work-life balance

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The employer proposition

Employers felt their top 3 strengths when recruiting are:

58.3%

50.0%

40.3%

Offering a good work/life balance and flexible working

Offering a competitive financial package

Offering good L&D and career development opportunities

and their reputation as a desirable place to work

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An organic business model

Since inception Real Life Sciences has grown organically

This unique model has shaped our employer proposition.

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Case study: the root of the problem

Our internal analysis showed 2 critical issues:

Pain pointsStaff turnover

Who will lead?

Leadership deficit

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Case study: Employer proposition

To solve our staff turnover challenge, and strengthen our hiring and onboarding we invested in reinforcing our employer proposition, in three main areas:

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Case study: Leadership proposition

Developing leaders from specialists is the challenge of the organic business model.

Tailored executive ‘MBA’

Training leaders from day 1

International mentoring program

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Summary

• Continual leadership development is the alternative path.

• A Tailored employer proposition will strengthen your ability to recruit and retain the best talent.

• The war for talent is back, this time it’s Global.

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Thank you for listening.

Any Questions?

Contact me

E: [email protected]

T: +49 (0)69 2648 98022