The life sciences field has grown explosively amid the pandemic, making finding and retaining top talent critical to meet the high demand for vaccines, treatments and supplies. Turnover is simultaneously rising, in part because employees who face increased workloads are pursuing other opportunities.
U.S. employers across all industries expect to pay an average 3.4% more to workers in 2022 due to this kind of talent scarcity. These conditions, combined with an already limited pool of talent are creating significant talent acquisition challenges.
To solve this, life sciences organizations need to take a multi-faceted approach that involves rethinking TA strategies and investing in existing employees.
Download to read four methods employers can use to develop a more agile workforce.