The Precarious State of Life Sciences Employment in Massachusetts Part 1: The Annual Massachusetts Life Sciences Employment Report Abridged

The Precarious State of Life Sciences Employment in Massachusetts Part 1: The Annual Massachusetts Life Sciences Employment Report Abridged

Several weeks ago, MassBioEd, the sister organization of MassBio that focuses on workforce development, released its Annual Massachusetts Life Sciences Employment Report. The 60-page report offers a look into the local industry’s impressive history of growth over the past decade while putting the past year under the microscope. The report paints a clear picture of an industry that’s growing faster than the workforce that maintains it—an issue that has become abundantly clear over the past several years. It’s an issue that doesn’t just impact one subsector of the industry—it reaches across verticals, impacting the most junior positions through the most senior leadership roles.

While we’ve made incredible strides in the name of science, we have not done the same for science education. The consequence is that the Massachusetts life sciences industry does not have enough workers to maintain the level of growth it’s experiencing, and the concern is real.   As recruiters, we are on the front lines of this issue. It’s a challenge that we face daily with all clients and all roles, giving us a unique vantage point.

MassBioEd offers a multi-pronged approach to remedy the issue, with the understanding there is no quick fix. The talent shortage is a deep-seated issue that requires far-reaching support.  For that reason, report author Karla Talanian, MassBioEd’s Director of Talent & Workforce Development, encourages readers to engage in conversation on “how to grow our talent pipeline and maintain the rate of advancement in the life sciences.”

In this series, we start by providing a cliff notes version of the report by highlighting the top facts. We then move to an analysis and broader look in the second part. We close out by following up on Talanian’s request to talk about the outlook with our take on the matter.

A few things to note. The report talks about life sciences employment, it’s not just talking about people working directly for biopharma companies (industry jobs). It’s also talking about employees that focus on life sciences in academia, corporations, or clinical labs (non-industry life sciences jobs). The research is primarily based on 2018 data, unless otherwise noted.

lab experiment

The Facts: There are many variables that have led to the life sciences talent shortage in the US and in Massachusetts. In order to fully understand the scope of the issue, we have highlighted 10 key facts from the report along with some additional research.

  • Fact 1: The effect of the life sciences on the overall labor economy is 2.5 times greater for Massachusetts than the next closest states.
    • How is this calculated? The data compares the number of advertised jobs with every 10,000 employed persons in the state. For every 10,000 employed persons in Massachusetts, there were 108 non-industry life science jobs posted in 2018. The runner up was Maryland with 42. For industry jobs the number was 80 jobs, and the runner up was New Jersey with 33.
  • Fact 2: The past decade has seen a 35% increase in life sciences employment in Massachusetts with the most growth being in R&D (up 53%).
    • For comparison purposes, in the past decade overall employment in Massachusetts has risen by 12%. (US Bureau of Labor Statistics)
  • Fact 3: Job growth in the industry is projected to keep rising over the next 5 years–12,000 new jobs. That’s up from 74,000 total jobs today, which gives us 86,000 total jobs by 2024.
  • Fact 4: Data from The National Assessment of Educational Progress (NEAP) says that between 2009 and 2015, U.S. elementary and middle school students have only somewhat increased in proficiency in science, and high school students have pretty much stayed the same in proficiency. In essence, U.S. students are not receiving better preparation to pursue scientific careers.
  • Fact 5: Since 2010 the demand for High School and Associate level candidates in the life sciences has significantly increased both Nationwide and in Massachusetts (128% and 140%, respectively). Yet the number of community college graduates has not increased.
  • Fact 6: The demand for Bachelor level candidates in the life sciences has also steadily increased since 2010, yet lately the number of college graduates has become stagnant. Note that between 2010 and 2017 this number was steadily increasing.
    • The other issue is that while the number of students studying life sciences related majors has increased, it’s still nowhere near the demand.
    • And the other issue with this subsector is that many students with science related majors do not choose life sciences related career paths, rather they go into computer science or healthcare.
  • Fact 7: The trend continues at the Master’s level, where the demand far outweighs the supply. For this subsector, the number of students pursuing STEM related degrees has significantly increased, but these students still make up such a small number of students pursuing degrees at the Master’s level.
  • Fact 8: The industry is reliant upon doctoral level candidates to take on leadership roles, but the number of graduates pursuing the PhD level course of study is projected to remain the same if not possibly decline.
  • Fact 9: Foreign-born talent plays an important role in Science & Engineering Occupations in the US. In 2016, 23.3% of employees in those occupations were foreign-born (v. 29.5% in Massachusetts).
  • Fact 10: The report also featured the results from a comprehensive employment survey of life science companies of all sizes in Massachusetts. Not surprisingly, most respondents said that competition was their biggest obstacle in hiring and retaining talent.

So now we have the facts. What does this all mean? In the next part, we dive into a short analysis of the situation at hand.

Biotech’s Winter Week Off: A Time to Rest and Recharge

Biotech’s Winter Week Off: A Time to Rest and Recharge

Many biotech companies close between the week of Christmas and New Years, effectively gifting their employees an extra week of vacation time. While some may still have lab responsibilities or projects they need to check in on, this still leaves plenty of extra time to rest and recharge so you can start 2020 off fresh! It may be tempting to try to charge through your to-do list or cram in extra errands and family time, but we encourage you to be mindful about how you spend your extra hours and use them as a way to treat yourself after a long year of hard work! Here are some suggestions to help you make the most of your time off.

Before trying to do anything more productive, take some time to literally put your feet up! Many scientists are on their feet all day in the lab, which can take its toll on your feet, legs, and overall physical comfort. Try the simple yoga pose Legs up the Wall to help reduce swelling, calm the nervous system, and aid in overall relaxation. Of course, putting your feet up on the couch could feel good, too; if you’re looking for some good shows to catch up on, the SciBio team has been enjoying The Marvelous Mrs. Maisel, Will and Grace, and Derry Girls, as well as some throwback classics like Seinfeld.

Boston, Cambridge, and the surrounding area is a hub of biotech and pharmaceutical companies, which attracts many scientists and professionals to the area. If you are one of the many who relocated to Massachusetts in 2019, the extra days off can be a great way to explore your new home! This list features the 25 Best Places to Visit in Massachusetts while this one is targeted at families: 30 Must-Do Holiday Events & Activities in New England.

skyline

Having more time off during the shorter winter days also offers the opportunity to spend more time outside! Being in nature is calming and has far reaching health benefits (How Does Nature Impact Our Wellbeing), but it’s hard to get outside after work when the sun sets at 4:30 pm. You don’t need to be a winter sports enthusiast to enjoy nature this time of year. You could walk around Boston Common, skate at Frog Pond, or check out one of these hiking trails. You can find more suggestions on this list of Best Winter Activities in Boston. If you are into winter sports, then you are in the right spot as Boston is only a few hours from some of the best skiing/riding in the country.

Of course, one of the first thing that comes to mind when you hear “rest and recharge” is sleep! While it may be tempting to sleep in during a vacation week, it is more beneficial long term to keep within the same general sleep and wake times. However, you can take some steps to make that sleep more restful! Consider keeping a notebook by your bed to list lingering projects and things you need to take care of the next day before you go to sleep so that they don’t keep you up at night. Make sure your phone is on airplane mode or Do Not Disturb; although late night and early morning emails are commonplace in our start-up culture, protecting your sleep time is paramount! Also, take some time to do a sleep analysis of your bedroom: check for bothersome noises, annoying street lights that shine in your eyes, or a bed that is too hot or cold. Adding a sound machine, black out curtains, and adding or removing a throw blanket can go a long way towards helping you get a better night’s rest! It may take some experimenting to find the right combination that works for you, but we know you have those skills. Check out some other tips here: 17 Tips to Sleep Better.

bedroom

Even if you don’t have the whole week off, we hope some of these ideas will help you make the most of the days you do have off. Let us know what you’re planning on doing this winter break!

 

The Key to Recruiting Success: Social Media 

The Key to Recruiting Success: Social Media 

Social recruiting is no longer a novelty—it’s the cornerstone of a successful recruiting strategy and is an essential tool for businesses looking to market themselves online. Utilizing your social pages and profiles to advertise open positions will help you reduce recruiting costs compared to more traditional methods and is more likely to result in a good cultural match for your company.

Attracting Employees via Social Media

Sharing job openings on social media is a great first step, but you can use these tips to take your company’s social recruitment to the next level.

Spotlight Company Culture

Your business becomes infinitely more relatable when you discuss company culture online. This not only attracts customers and clients, but potential job candidates as well. If someone is already a follower of your company’s social media, there’s a pretty good chance that they connect with you on a personal level and that their values align with your brand. This eliminates the need to ask candidates what they know about your company because they’re already well informed.

Show Off Your Employees

Everyone wants to feel valued. Use your company’s social media to show off your employees and their accomplishments. These images will also show potential candidates what their colleagues would be like and gives them a feel on whether or not they think they could fit into the dynamic. Check out Apple CEO Tim Cook’s Twitter page. He is a great example of showing off and praising employees on a regular basis.

Publish Valuable Content

Potential employees and customers need a reason to follow you. Publishing valuable content is a great way to convince them. The easiest way to expand your reach and then keep those followers is posting at least once per weekday. Share original content or relevant posts from an external source that you believe will benefit your audience.

Use a Social Media Management Platform

Don’t let social media and the need to post on multiple platforms scare you. Programs like Buffer, HootSuite, HubSpot, MeetEdgar, TweetDeck, Sprout Social, etc. brings all of your accounts into one convenient place for you to manage.

Strive for Rich Media

Text-only posts are boring and won’t stand out. In fact, posts on LinkedIn that include images receive 98 percent more comments compared to those that don’t. Adding videos to your posts is another great way to include rich media.

Encourage Employee Participation

Employees [LINK TO IT TAKES A VILLAGE ARTICLE THAT I WROTE] are the face of your brand and encouraging them to share workplace culture will only benefit your recruitment efforts. Follow employees with your company’s accounts and share their posts about work in order to add authenticity to your pages.

social media platforms for job recruiting

Social Platforms

LinkedIn

LinkedIn is the most professional social networking site and boasts over 560 million users. With over 40 million students and recent college graduates on the site, it is a great place to recruit new talent entering the workforce.

The first step to recruiting on LinkedIn is setting up a company page. LinkedIn provides you with the template, so all you have to do is fill in the details. Once your page is set up, it is important to add followers in order to expand your company’s reach.

LinkedIn Recruiter

LinkedIn Recruiter is a platform within the social network created to help recruiters find, connect with and manage candidates. This tool also allows you to connect to your applicant tracking system (ATS) in order to collaborate with others more efficiently, save time, and ensure accuracy across systems.

Groups

Use LinkedIn Groups to connect with other professionals in your field, kind of like a virtual professional association. Posting job openings in those groups will allow you to target the specific candidates you are looking for.

Ads

Use targeted ads to attract potential candidates to your job openings. LinkedIn allows you to hone in on specific people by several factors, including job function, seniority, company name, geography, industry, skills, field of study and more.

Facebook

Facebook is the largest social network with more than 1.5 billion members. The site was originally intended to connect friends, family and coworkers, but has expanded to include organizations, businesses and interests.

Job Openings Tab

Create a custom job openings tab on your Facebook page for current openings. This way, you can attract applicants out of the pool of followers you already have and potentially increase the number of qualified applicants to your open positions.

Ads

Like LinkedIn, Facebook offers targeted ads, which you could use to promote job openings. Facebook Core Audiences helps you select the right recipients for your ad based on several factors such as location, demographics, behavior, connections and interests.

Twitter

According to research, 85 percent of followers feel more connected with a small business after following them on Twitter and 42 percent of Twitter users use the site to learn more about products and services.

Hashtags

Using hashtags will expand your audience by allowing people to find tweets that interest them. The first step is to come up with a hashtag that will be used with all recruitment-related posts. It should be simple, unique and relevant. Starbucks uses #sbuxjobstalk and Disney uses #LifeAtDisney.

It is also wise to use existing broad hashtags so that more people will see your posts. Terms like #jobs, #jobsearch, #jobhunt, #careers and #jobopening will help people find you.

Instagram

Instagram is now the king of social engagement, according to a report by Forrester, so if you want to attract high quality candidates via social media, a business account is a must-have.

Keep it real

Instagram is very visual, so take real photos and video of your products and employees to give potential candidates a sneak peek into what it’s like to work at your company—the work, the play and everything in between. Take Novartis’ lead and share stories from patients who have benefited from using your products.

YouTube

Half of all Internet users (about 1.9 billion users) visit YouTube every month and they watch billions of hours of video. That means that there is a huge untapped pool of potential candidates waiting for you on the social network.

Utilize Video Marketing

Creating a short, fun video about what it’s like to work at your company and why candidates should apply for a job opening is a great way to use video marketing to your advantage.

Your Website or Blog

Don’t forget to create a permanent Careers page on your website to post job listings. This is a great place to link back to from social posts so that candidates can easily find out more information on your company.

Practicing Gratitude: A Game-Changer For Your Career

Practicing Gratitude: A Game-Changer For Your Career

Gratitude is an incredibly powerful, positive emotion that is seldom experienced by so many of us who are caught up in the day to day demands of life. The rise of consumerism, never ending to-do lists and the ceaseless pursuit of enhanced social mobility often means that gratitude is displaced by incessant ambition and this isn’t healthy.

As Thanksgiving approaches, we hear the words thankful and grateful a little more. From #grateful social media posts to customer appreciation pies, expressing gratitude is in the air this time of year. That’s part of what makes it such a special time.  At the same rate, practicing everyday gratitude has become a more prominent cultural paradigm. Perhaps it’s because of the rise in studies on the science of gratitude, or maybe it’s just social media. Whatever the reason, with 7,000 listings on Amazon for “gratitude journal,” it’s safe to say our culture is adopting the practice of gratitude. 

Why is practicing gratitude helpful every day and not just the last 6 weeks of the year? According to The Greater Good Science Center at the University of California at Berkeley, “gratitude may be associated with many benefits for individuals, including better physical and psychological health, increased happiness and life satisfaction, decreased materialism, and more.” Gratitude helps people feel more optimistic, and it helps us slow down in this rapid-paced world of ours.

Taking time to acknowledge the things you’re grateful for can be a game-changer for your overall wellbeing and health, but it can also make a big difference in your career. Here’s how:

For the job-seeker: It’s easy to lose faith in a job search, but this is where a gratitude journal can come in helpful. Take time to write down the successes of your search. Try to view setbacks in a positive light. For example, if you went in for a second-round interview but didn’t make the next cut, remind yourself that you got farther than most candidates. Acknowledge that you are doing better than when you started the search. Here are a few more tips on staying grateful during a job search. 

journal

For the manager: According to PayScale’s report on employee engagement and retention, feeling appreciated at work is the biggest influencer on employee satisfaction, and underappreciated employees are much more likely to leave the company. So taking a few minutes to show your staff gratitude year-round will improve company culture while also making you feel good. PayScale offers more insight into workplace gratitude here and here

coworker delivering coffee

For anyone at any point in their career: Regardless of your career status, take a few minutes to remind yourself of your accomplishments. Not only will it help you work harder, but it can also help you be better. This article from Peter Bregman at the Harvard Business Review says that “identifying the things we are grateful for mirrors the areas we are hoping to improve.” According to Bergman “your path to improvement is hidden in your pleasure, not your discontent.” The Muse provides a handy infographic of why gratitude is so important. 

Do you practice gratitude every day? If so, what do you do? Sound off below.

A Glance at Salary Data for Research Scientists in Biotechnology

Researching salary trends can give you a better understanding of the right number to shoot for when you are accepting a new job, as well as what increases you might expect as you’re advancing in your career. There are a handful of websites that can help you do your homework on your respective field. Many of these are free for job-seekers, including Salary.com, PayScale, CareerOneStop, Indeed, and Glassdoor. PayScale is a great resource for compensation information based on career field, industry and geographic location. Both hiring managers and job seekers can use it to better align their offers and expectations with others in the industry. Today, I’ve decided to dive into the salary data for research scientists in biotechnology and explore what it reveals about the current state of employment in this field. 

Basics

The data is based on a survey of 2,349 scientists working in the field. While that sample size is not huge, it is large enough to be significant and revealing.

The median salary of the respondents was $83,341, with the lowest reported salary coming in at $52,000 and the highest at $114,000. Many of these scientists also received some sort of bonus, profit sharing, or commission, however, these did not have a huge impact on total compensation.

PayScale estimates that Cambridge, MA and San Francisco, CA are the highest paying cities in the United States. They offer average salaries 18% (Cambridge) and 21% (SF) higher than the national average.

Advanced

The Payscale data also revealed some interesting and unexpected insights about the career trajectory for research scientists in the biotech industry.

For instance, the average salary for entry-level professionals with less than five years of experience was $80,000 (just slightly less than the national median) but for late career professionals with 20+ years of experience it rose to only $94,000. The number of respondents from each of the two groups also reveals a significant disparity. The data would suggest that most of these professionals move into other positions with different titles, and that companies aren’t always willing to pay a premium salary in exchange for years of experience.

That seems to also be the case when we look at salary data for related professions. Research scientists from inside and outside of biotechnology, and in both entry-level and senior-level positions, all have a similar salary range. It’s only when these professionals make the leap to director that salaries really climb to the next level.

Following the most common career path is also revealing. We already pointed out that few professionals remain in this role for more than a decade. A significant majority move into some kind of project management position, essentially trading in research for leadership responsibilities.

Observations

Based on this data, it would appear that research scientists in the biotech industry face a similar dilemma as many scientists in the broader field of science: Turning the skills that brought you into the field into the skills that will earn you more money and responsibility as your career progresses.

To make that difficult evolution takes careful and proactive career planning. If you are looking for your first job, a new job, or a promotion, there are resources that can help you accomplish your goals faster. Contact our team at Sci.bio Recruiting and learn how to take control of your future.

Additional Resources

Ghosting: Why We Do It & What We Can Do About It

Ghosting: Why We Do It & What We Can Do About It

We’ve all heard variations of Thumper’s Rule, courtesy of Disney’s Bambi, from family, friends, coworkers, and even strangers: “If you can’t say something nice, then don’t say nothing at all.”

Meant to caution against unsolicited incivility, the ‘moral’ principle has been accepted as a societal norm for not just personal relationships but professional ones, as well. We’ve even given the act a catchy name: ghosting. Rather than being direct, one party opts to just not say anything at all via any form of communication to the other person.

The transition from ambiguity to radio silence is meant to serve as a formal rejection. Therefore, the burden of discontinuing the personal or professional relationship falls not on the person who is providing the rejection, but rather on the person receiving it.

Why We Ghost

In 2013, CareerBuilder released the results of a nationwide survey concluding that 75 percent of job applicants did not receive responses regarding their candidacies from employers. Ironically, Randstad US released a 2019 report stating that 66 percent of managers have had workers either accept an offer and fail to show up or disappear without notice before their start date. Simply put, ghosting occurs because someone in the process feels that the other party is not a good technical and/or culture fit.

If an employer wants you as their final candidate, you have a lot more leniency: you do not need to send a thank you note, follow up regularly, or worry about being lost in a pile of resumes. It does, however, serve well to ask the Human Resources or Hiring Manager for a timeline. If they tell you to hang tight and wait two weeks, set a reminder to follow-up in three weeks with a courteous email. Even though it may not be common, a poor application (including small typos on  your resume), passive or overzealous behavior, disengagement with follow-ups, and red flag responses to interview questions can streamline you into the “ghosted” category.

That’s not to say that ghosting is predetermined by application weakness, though this is a strong contributor. Candidates and hiring managers alike can exacerbate relationships and situations, turning a potential ‘yes’ into a certain ‘no.’

Employers’ reasons for ghosting hover around the following fears: telling someone that they are underqualified, getting sued for providing honest feedback, or losing a possible back-up candidate while moving their top candidate through the hiring process. Sometimes, employers accidentally ghost when their hiring process is littered with process or information gaps (for example, when they do not have an organized applicant tracking system, ATS).

On the other hand, candidates ghost mainly due to a poor pre-onboarding process (no communication between date of hire and start date) or fear of missing out when more enticing opportunities arise. Candidates not only have the power to choose due to the record low unemployment rate, but they can also take advantage of their plentiful opportunities, given the job market’s crucial emphasis on previous relevant experience.

businessman handshake

What We Can Do About It

With that being said, it seems inevitable that ghosting is the new norm. But just because applicants and employers both engage in this practice does not mean that it’s acceptable. Ghosting deteriorates reputations.

Candidates develop opinions on a company from the minute they view a job posting, and they can share those perspectives with other potential hires.

Employers hold a network of other managers who value their take on a potential hire – sometimes more so than what the interview process reveals about that person.

In an age where branding strongly impacts candidate flow, social media strength, candidate or company competitiveness, and perception of culture or personality, it is ever so more pertinent to not derail a well-built personal or corporate persona.

As Bambi’s Owl wisely pointed out, “It could happen to anybody. So you’d better be careful. It can happen to you.” Today’s applicant can be tomorrow’s manager and today’s manager may be tomorrow’s applicant. If you would rather hear direct, honest feedback – as most polls indicate people would, personally and professionally – then, also consider being that change you want to see. At the end of the day, ghosting may be the easiest choice, but it’s not the one we want for ourselves.