Shaun Abrams

🔍 Exploring the Current U.S. Medical Device Recruitment Market: Opportunities & Challenges Hello LinkedIn Community, The U.S. medical device market is buzzing with opportunities! 🚀 As the industry continues to innovate, we're seeing a surge in demand for top-tier talent. However, with this growth comes unique challenges. 🔬 What's Driving the Demand? Technological Advancements: From AI to minimally invasive devices, cutting-edge tech is creating new roles. Regulatory Changes: Evolving FDA regulations require skilled professionals to navigate the compliance landscape. Aging Population: Increased need for medical devices to manage chronic conditions and enhance quality of life. 🏥 Key Opportunities: Engineering: Design and development of next-gen medical devices. Quality Assurance & Regulatory Affairs: Ensuring products meet stringent safety standards. Sales & Marketing: Strategising market entry and growth for innovative products. 🚧 Challenges to Navigate: Talent Shortage: The rapid growth is outpacing the availability of qualified professionals. Competitive Landscape: Companies are vying for top talent, leading to a highly competitive recruitment market. Retention: Keeping skilled employees engaged and satisfied in a dynamic industry. 🔑 What Can Employers Do? Invest in Training: Upskilling current employees to meet new industry demands. Promote a Strong Employer Brand: Highlight company culture, growth opportunities, and innovative projects. Flexible Work Options: Embrace remote and hybrid work models to attract a wider talent pool. For professionals, now is the time to capitalise on this growth. Whether you’re an engineer, regulatory expert, or sales guru, the medical device industry offers a wealth of opportunities to make a meaningful impact. Let’s connect and discuss how we can navigate this exciting landscape together! 🌟 #MedicalDevice #Recruitment #HealthcareInnovation #CareerOpportunities #MedTech Feel free to reach out if you're looking for new opportunities or if you have insights to share about the current market trends.

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In the highly competitive industry of Pharmaceuticals, understanding your candidate experience for all job types is not only critical to hiring and retention, it can make the difference between those candidates not hired continuing to engage your business and your brand, or not. Benchmark your candidate experience this year like these past CandE Winners have done: Boehringer Ingelheim, Dr. Reddy's Laboratories, Johnson & Johnson, Eli Lilly and Company, Spero Therapeutics, Syneos Health, Takeda, and many others. (Pharmaceuticals is one of #TheCandEs largest participating segments). Learn more about participating in the 2024 CandE Benchmark Research Program, open to all companies big & small across all industries who want to measure and improve their recruiting and hiring practices. #recruiting #hiring #candidateexperience ERE The CandEs

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One of the most common reasons for leaving I'm hearing from salespeople this year is operational staffing shortages. Many service and technology providers in the Life Sciences sector over-hired in the post-pandemic boom. With the market cooling and layoffs occurring, there's a shortage of delivery personnel and project leaders, resulting in poor delivery. If you're the BD person whose name is on the next call or email, you'll likely spend a lot of time fighting fires. It could result in a significant drop, potentially to zero, in future business from that client. Repeat that story enough times and that salesperson is going to reach out to me. It's a challenging balance for vendors to maintain the right headcount in delivery while avoiding reckless spending when utilization is low. The issue has always been prevalent in the industry, but it appears to have become more common over the last 6-9 months. I'm interested to see what unfolds later this year and next.

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Trying to solve the Pharma and Life Sciences talent deficit? Create a pipeline of possibility by closing the skills gap with the specific actions outlined in our new report. #Talent #TalentAcquisition #Staffing #PharmaceuticalIndustry #Pharamceutical #Scientist

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Did you know Randstad Life Sciences US supports talent solutions for CROs? Check out this case study showcasing a project in which we partnered with a CRO to provide FSP and contract talent for 3 #oncology studies. If this situation sounds similar to yours, I'd love to set up time to chat about how we can help you grow your CRO business and keep your trials running smoothly 😊 #CRO #clinicalresearchorganization #FSP #lifesciences #drugdevelopment #clinicaltrials #clinicalresearch

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Good news for the Pharmaceutical CDMO Market as it's expected to reach $298.8 billion by 2033 📈 🌎 North America was highlighted as dominating the market with a robust pharmaceutical industry, high outsourcing rates, and advanced CDMO capabilities, driven by a strong regulatory framework and extensive drug development activities. The report also discusses 6 factors driving this market growth: 1️⃣ Rising Complexity in Drug Development 2️⃣ Cost-Effective Outsourcing Solutions 3️⃣ Flexibility and Scalability 4️⃣ Technological Advancements 5️⃣ Strategic Partnerships 6️⃣ Globalization of Pharmaceutical Supply Chains The key players in the market will come as no surprise with Lonza, Recipharm, Catalent Pharma Solutions, Samsung Biologics and Thermo Fisher Scientific among the companies mentioned. Read more from this report in the comments below ⬇️ #CDMO #Pharmaceutical #Pharma

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✨Beyond the Clinical Trial: Meet Kapil✨ ➡ Check out my recent conversation with Jhawar Kapil Dev as part of our engaging video series here at IQVIA! It was so fun getting to know Kapil and learning more about how he attacks innovation, his thoughts on lateral career exposure, and what he would do if he won the lottery! 💸 I hope you enjoy watching our conversation as much as I enjoyed filming it! #IQVIA #WeAreIQVIA #Leadership #ClinicalResearch #GlobalClinicalProjectLeadership #Innovation #CareerPath

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🔍 Navigating the Changing Talent Landscape in the Medical Devices Industry 🔍 The medical devices industry is rapidly evolving, driving a high demand for top-tier talent. 🚀 As innovation accelerates, the need for skilled professionals in areas like R&D, regulatory affairs, and quality assurance has never been greater alongside bringing in value-driven strategic sales people to build key relationships and deliver commercial results. I spend a lot of time with Zenopa’s key customers in the MedTech industry talking about how they evolve their talent strategy to keep ahead of the game ⚽ when it comes to attracting, hiring and retaining the best talent in the industry. Whether it’s looking into one part of your strategy and coming through with possible solutions OR cracking open the whole strategy to implement wider scale improvements, we partner with our customers to help them put the right people and processes in place so they can achieve the overall business goals. Want to start a conversation about hiring strategy in your MedTech team – drop me a message. #MedicalDevices #TalentStrategy #HiringTrends #retention #healthtech

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🌟🔬 Closing the AI Talent Void in Life Sciences! The collaboration between #AI and skilled professionals is reshaping the landscape of pharmaceutical development, clinical trials, and beyond. Check out our latest blog post on how targeted staffing approaches can address the shortage of AI talent in this ever-evolving industry. Learn about the impact AI is having on this shift and how your company can stay competitive. Interested in learning more? https://lnkd.in/eHevrmYH

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Looking to hire top talent in the biotech industry? Here are our top 10 tips for choosing the right biotech recruiting agency! From understanding your needs to evaluating agency expertise, we've got you covered. Read the full blog now: https://lnkd.in/ggCwUkyq #BiotechCareers #BiotechJobs #CareerTips #healthcare #JobHunting #JobAdvice

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Project Optimus is revolutionizing early oncology trials, aiming to ensure more effective and safer cancer drugs and improve patients' quality of life. Parexel experts have identified three strategies to help sponsors overcome challenges in achieving dose-optimization requirements. Here’s what we know works: 1️⃣ Design an integrated first-in-human study 2️⃣ Reach agreement with FDA at each step 3️⃣ Challenge guidelines with a compelling rationale Let me know your thoughts below and read more in our New Medicines, Novel Insights report! https://lnkd.in/gGq8kYeY #ProjectOptimus #Oncology #NovelInsights

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Given current recruitment timelines, an interim staffing placement often mitigates the loss of $20-30k or more in production value. Our interim staffing solutions help you tap top talent, avoid disruption, and support clinical initiatives. Learn more: https://bit.ly/3V1yaoO

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What sets Novo apart in Science & Compliance recruitment? It's not just about filling positions; it's about understanding and meeting the unique needs of every candidate and employer. Businesses can struggle with their recruitment because they don't plan effectively or engage aligned candidates in the right ways. At Novo, we help create a hiring process that’s quick, fair, engaging, and straightforward. The objective is to consider the needs of everyone involved — from candidates to hiring managers. Why do we go above and beyond? #TIC #science #executivesearch #talentacquisition #recruitment

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🚀🧬 Bridging the AI Talent Gap in Life Sciences! The synergy of #AI and expert talent is redefining the future of drug development, clinical trials, and more. Our newest blog discusses how specialized staffing strategies can overcome the AI talent shortage in this dynamic field. Discover the roles AI plays in this transformation and how your organization can stay ahead. Ready to dive in? https://lnkd.in/ehv4-J4k

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Let's talk salary. Are you ready to start your career and want to know how to get the most out of your first contract? Join Helen Vong, Scismic’s VP, Business Dev/ Client Success for an insightful webinar on "How to Negotiate Your Salary for Life Sciences Roles." This session is designed to empower professionals within the biotech and biopharma industries with the knowledge and strategies needed to navigate salary negotiations effectively. What You’ll Learn Industry Insights: Gain a comprehensive understanding of current salary trends within the biotech and biopharma sectors. Career Considerations: Learn what factors to evaluate when planning your next career move, ensuring you’re making informed decisions. Negotiation Tactics: Discover practical tips and proven techniques for negotiating your salary, whether you’re advancing in your current role or transitioning to a new position. Don't miss this opportunity to gain valuable insights and boost your confidence in negotiating your salary. Secure your spot today and take a significant step towards achieving your career and financial goals in the life sciences field. RSVP: https://bit.ly/SNHBC

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🔍 April 2024 Update: Clinical Data Management (CDM) Job Market Insights Here's a detailed snapshot of the CDM job market as of April 2024, highlighting key trends, employer data, and the attributes most valued by professionals in the field: 1. Total Professionals: The industry hosts 6,325 professionals specializing in CDM. 2. Job Mobility: Notably, there were 774 job changes within the past year. 3. New Job Posts: There are 146 new job postings for clinical data managers. 4. Market Misalignment: Over 31% of CDM job postings remained unfilled for more than 3 months—a critical gap in talent acquisition. 5. Engagement Levels: Currently, 716 talents are highly engaged within the CDM sector. 6. Top Employers: Leading companies like PPD, Pfizer, and Bristol Myers Squibb have significant employment numbers but vary in attrition rates:   - PPD: 4% attrition rate   - Pfizer: 6% attrition rate   - Bristol Myers Squibb: 13% attrition rate 7. Rising Stars:   - Merck: Positive growth of 16% and a low attrition rate of 3%.   - Amgen: 13% increase in CDM professionals with a minimal attrition rate of 1%. 8. Challenges:   - Emmes: Experienced a 31% reduction in professional count and a high attrition rate of 36%. 9. Skill Demand: Fastest-growing skills include CRO Oversight and Artificial Intelligence, with increases of 288% and 253%, respectively. 10. Value Propositions: When considering job offers, the most important factors for clinical data management (CDM) professionals are compensation (91%), work-life balance (78%), and opportunities for career advancement (71%). 11. Least Valued Factors: Diversity, equity, and inclusion (DEI) initiatives were valued by only 10% of CDM professionals when evaluating potential jobs. Just 13% highly valued working for a company driven by values aligning with their own, and only 16% placed strong importance on a collaborative company culture. 12. Industry Hiring Trends:    - Pharmaceutical: Steady employment growth of 7%.    - Biotechnology: Slight decline of 2%. - Clinical Research Organization: Decrease of 6% 13. Gender Dynamics: 67% of the CDM workforce is female. 14. Median Tenure: CDM professionals typically stay with an organization for an average of 2.3 years. 15. Salary Insights: Firms that pay salaries in the highest 25% for similar positions tend to keep their CDMs 3x longer than those paying in the lowest 25%. These insights not only reflect the current state of the CDM job market but also serve as a strategic guide for professionals and companies to effectively manage their career paths and talent acquisition strategies. Stay tuned for more updates and tailor your career strategies accordingly! 🚀 #PharmaCareers #BiotechJobs #ClinicalDataManagement #TalentTrends #IndustryInsights

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Another rare disease that needs highlighting - giving the Patients with HAE and all rare disease visibility and a voice is crucial; we're getting there, but need to keep up the hard work to keep increasing awareness! #HAEDay #HereditaryAngioedema #Awareness #Healthcare #RareDiseases #PatientAdvocacy #Support

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