If a latter-day Benjamin Braddock were mapping a career in these economic end times, I would have three words for him: life science outsourcing. That is a conclusion I pull from the ZRG Global Life Science Hiring Index reporting on the second quarter in 2010.
Regulatory, quality and clinical roles were the most in demand globally in Q2, according to ZRG Partners, an executive recruitment firm specialising in talent management in the life science, pharmaceutical and medical device markets. This functional bucket had 27.2% of opportunities, note the authors of the report, adding “there is a fight for talent breaking out, with 63% of the opportunities in regulatory, quality and clinical coming from the outsourcing and service sector.” This signals an interesting shift of demand globally for professionals in this area, according to ZRG Partners.Other interesting points noted by the report include:
- sales and marketing talent are highest in demand by job type among medical device and supply firms
- on a relative size of employee pool basis, outsourcing and services has 500% more current hiring than life science and pharma and close to 250% more than the medical device and supply category
- medical device firms currently exceed pharma and life science companies as well as outsourcing in total hiring requirements globally
- Europe/Middle East and Africa shows the highest demand for clinical, regulatory and quality talent.