When is the best time to look for a job?
If you are planning on switching jobs or starting the job hunt there are different times of the year which represent the best, and worst, times to apply for jobs in the pharmaceutical and biotechnology industry.
The Best time to look for a job
January and February time frame
The beginning of the year represents the strongest hiring period. Many companies have their updated yearly budgets set in January, they know how much money is available for hiring new staff for the year. The amount of employees that take vacations in December also reduces the amount of job hunting activity around this period, therefore increasing the amount in January and February.
Worst time to apply for jobs
November and December time frame
The end of the year can be the worst time to apply for jobs. Many companies are not looking to hire new staff and take on additional salaries to their budgets. They have exhausted all their budgets and are finalizing all financial commitments that have been put in place.They will not begin the pharmaceuticals recruitment process until January when they have their new budgets and plans in place for the year.
Many biotech and pharmaceutical recruiters and job seekers take time off over the holiday season. This can make it more difficult to arrange interviews and there are also less staff in the office so recruitment isn’t as highly prioritized as other tasks take priority for the New Year.
November and December may be the best time to start thinking about what your next career move will be. The holiday season can also be a great time to network and understand what jobs and positions are available.
Top tips for success:
In the meantime, here are three top tips to help you stand out!
1. It may sound obvious but check your CV describes what you have done and what sets you apart from other applicants – rather than just writing a list of previous job descriptions or keywords that may sound good.
2. It’s about you… but it’s also about the company. Do your research, and go to interviews armed with one or two questions for the interviewer so it’s not a one-way conversation. Know who you are interviewing with and make sure to be prepared!
3. Be open to advice, your dream job may be something you haven’t thought of. Be open-minded throughout the entire process.