Best Practices in Recruiting

Best Practices in Recruiting

Authors: Gabrielle Bauer & Tara Smylie

Big-picture ideas to help recruiters—and those who use them—play their A game

INTRODUCTION to BEST PRACTICES IN RECRUITING

In an era of rapid growth for biotech and life science companies, STEM-savvy talent experts play an especially important role in the ecosystem. Becoming a life science recruiter takes knowledge of the industry, a wide social network, and business acumen. Working with one takes a keen sense of what you’re looking for, and the ability to put it into words.

Whether you’re considering becoming a recruiter, in the midst of a recruiting career, or interested in using recruiting services, this survey article will give you the insights and confidence to do it right.

BECOMING A RECRUITER

Before you walk the recruiter’s walk, you need to know who you are and where you’re heading.

Recruiting: who knew? Most life science grads don’t immediately think of recruiting as a career option – but they should. Variety, flexibility, and mobility into a variety of other career paths are just some of the perks it offers. And let’s not forget about the money: if working on commission, recruiters can enjoy an uncapped earning potential.

Working as a recruiter, you’ll also get the chance to draw on your own previous work experience. As an example, perhaps you’ve spent your most recent working years in a lab, dealing with regulations and assisting with complex processes. In such a case, you can start out by billing yourself as a recruiter specializing in lab operations, and build out your services from there.

Another reason to consider recruiting: getting a head start on future career ideas for yourself. This holds especially true if you’re still looking to map out a long-term career trajectory, but it can apply to anyone. There’s nothing like being a matchmaker to show you what makes a great partnership – workplace or otherwise. As you learn the qualities most important for different roles, you’ll naturally gain insights about the positions that would suit you best.

But skills are just one piece of the pie: personality also comes into play. According to a survey of nearly 9,000 talent experts, recruiters tend to be enterprising, outgoing, and have a strong sense of social responsibility. The through-line: they fundamentally enjoy being with people. If you’re a natural networker and enjoy leveraging your contacts to help out friends in need, recruiting ticks all the important boxes. This doesn’t mean the profession is off-limits to quieter types, though. If recruiting appeals to you, start exploring the possibilities.

What to expect

As of April 2022, the life sciences had the second-lowest unemployment rate of all U.S. industries. It’s a job-seeker’s market, with companies often scrambling to find talent they urgently need. Business is booming for recruiters, too: 86% of life science talent acquisition professionals say they expect their teams to either grow or remain stable in 2023.

In many ways, the life sciences are a dream come true for recruiters. The industry features a higher-than-average percentage of highly skilled positions, and turnover is high. Career possibilities in the field continue to diversify, with burgeoning niches in personalized medicine, data analytics, and digital health, among others. As a life science recruiter, you’ll participate in the excitement of matching these novel skills with organizations who desperately need them.

Top trends in talent acquisition and recruiting

If you want to attract candidates who are up-to-date and in-the-know, you’ll have to get on their level. As of 2023, top trends in recruiting include:

  • Remote interviewing: This facilitates collaborative hiring.
  • Emphasis on candidate experience: Companies that prioritize employee well-being are more successful than those that don’t.
  • Diversity, equity and inclusion: Statistics show that a culturally rich workplace is good for business.
  • Contingent workers. Businesses and workers alike have realized how profitable contract work can be.

Niching and branding

As a new recruiter, you may feel torn. Do you take on as many projects as possible, or niche up early to establish a specialized reputation and client base? The short answer: a bit of both. While you don’t need to specialize too quickly or narrowly, it’s worth honing in on some areas of specialty as you develop your business.

Let’s say you’ve established some connections with microbiologists and feel confident you can quickly place top-quality talent in the field. If you promote yourself accordingly, your clients and network associates will pick up on your specialized knowledge and experience in this area. Should they ever need a microbiologist, they’ll remember your name.

Examples of recruitment specialties in the life sciences include gene therapy, immuno-oncology, clinical development, medical devices, medical writing, and many more. To narrow it down, ask yourself the following:

  • What kinds of positions do you find most interesting?
  • Does your previous recruiting experience point you in an obvious direction?
  • Do you have especially large networks in certain areas?

Use your answers to guide your decision process. Next step: spread the word. To create a compelling personal brand, keep a few fundamental W’s in mind: who do you recruit for, and what do you offer them? Why does recruiting mean so much to you? Answer these questions honestly and specifically, and you’ll attract a customer base that wants to buy what you’re selling.

As far as possible, keep your brand visuals consistent across all marketing tools, from your website to your business cards. Decide as soon as possible which font types, color scheme, design style, and logo you’re going to use for all your content. That’s not to say you can never change your style – just remember that consistency builds brand recognition and “brand memory,” leading clients and candidates to think of you first.

RECRUITING IQ

Like most professions, effective recruiting is more about working smart than about putting in long hours and hoping something sticks. A skilled recruiter understands the value of a network, and the synergy between professionalism and personal connections.

Nuts and bolts

Keep your expectations realistic. A biotech start-up, no matter how promising, won’t have the same gravitational pull that a large pharma company does. That said, the way you present a company to candidates carries a lot of power. Don’t misrepresent the organization, but feel free to talk about organizational goals, backstory, or employee mobility to pique their interest.

Second in your toolbox: face-to-face networking events. Where possible, add all new connections on LinkedIn and exchange social media identifiers. And as you forge new connections, remember: just because you don’t need a candidate now doesn’t mean they won’t be a great match for a future project. Relationship-building forms the core of recruiting, so you’ll want to cast a wide net to maximize your success.

To maximize social media engagement, make sure your social content is – you guessed it – engaging. Think images, graphics, and open-ended questions that stimulate discussion. On LinkedIn, posts that include photo content receive 98 percent more comments than those that feature text only. Keep this in mind as you build an online presence.

Another digital trend: today’s social media users are looking to see the “human” side of a brand or organization. As you optimize your social media for recruitment, don’t only post about projects and accomplishments. Mix things up a bit by posting about networking events, what led you to this career choice, and/or the difference you hope to make in the world as a recruiter.

Assessing your social media strategy

Every strategy must have an evaluation component, and social media is no exception. Here’s how to make sure you’re packing a punch with your digital outreach.

  • Set goals and priorities: Create a ranked list of your social media goals.
  • Audit your audience: Find out the type of content your audience likes best – or just ask them – and give them more of the same.
  • Monitor the competition: Find out how the successful competition is engaging their audience and consider pulling a few tricks from their book.
  • Set up a monitoring program: The popular Google Analytics reporting system, for example, can help you segment and identify the sources of your social traffic.

Keep it personal

Treat your candidates like people so they don’t fall through the cracks. When they don’t get the job, let them know why. This makes for a better end-to-end experience for them – and as a result, increases the likelihood that they’ll take your feedback, skill up, and come back even better prepared when the next opportunity arises.

To forge and maintain a connection with your candidate pool, advertise all new openings on social media, making sure your job postings are readable on mobile, and invite people to send you referrals. And don’t discount previous candidates who impressed you, but weren’t quite right at the time. Reconnecting with previous applicants can save you time, dollars, and a whole lot of stress. When you reach out, make sure to remind these former candidates who you are, how you know them, and what impressed you about their application the first time around.

Skill up during down times

When the hiring market is down, take the opportunity to hone your skills, strategize, and connect (or reconnect). The circumstances may have you feeling uncertain or anxious, but consider the bright side: less time spent on the daily grind means more time to work on your long-term goals. During a slower season, you can still reach out to employers and candidates and start building relationships for when you really need them.

A slower season also affords you the time to review your process. In particular, hone in on four key metrics: time to hire, cost per hire, usual sources of hire, and employment acceptance rates. Are these stats stacking up as you’d like them to? Maybe you could cut out a few formalities to streamline your process, or maybe you’re still subscribed to web recruitment services you no longer need. What feels like an endless lull in work will soon become a distant memory –and your current efforts will pay off when business picks up again.

WORKING WITH A RECRUITER

If you’re a life sciences company thinking of working with a recruiter, start with a basic assessment: why do it, which recruiter to work with, and how to work together.

Why use a recruiter in the first place

Specialized roles require a specialized search process. If you’re looking for an entry-level data analyst, you may be able to conduct the search on your own. But if you’re looking for, say, an experienced immunology consultant, a recruiter becomes a strategic asset. Sure, it costs more than doing it yourself – but considering the talent you find could stick around for years, the ROI will likely work in your favor.

Recruiters can also help you zero in on “cross-functional” candidates—people who bring unusual combinations of skills to the table. You’re more likely to find that microbiologist with management skills through a recruiter than on your own. And don’t underestimate the value of referrals from existing employees – especially when working with recruiters. A full 88 percent of businesses view referrals as their best hires, so it’s worth considering the value of this hiring pipeline. To maximize efficiency and avoid misunderstandings, you and your recruiter should establish a process for them to obtain employee referrals and follow up on the best ones.

Choose with care

If it sounds too good to be true, it probably is. When selecting a talent scout, the biggest red flag is dishonesty. If a recruiter displays “toxic positivity,” makes claims that sound unrealistic, or has an overly pushy sales pitch, they’re most likely trying to cover up a gap in their abilities.

Along with honesty and professionalism, experience in STEM fields should top your list of criteria. This doesn’t have to be a degree or a long-term job – courses, workshops, and previous recruitment experience in the industry can all give you a sense of their scientific background. If their LinkedIn profile doesn’t offer proof either way, but you still have a good feeling about working with them, reach out to them with questions to fill in the blanks.

To suss out a recruiter’s aptitude for your particular project, get very specific with your questions. If you’re considering someone who offers special expertise in science/biotech, be sure to ask how they tailor their services to the industry. This goes especially for niche, highly skilled positions: before you sign any contracts, they’ll need to prove they have a tried-and-true method of sourcing the best.

Top-five questions to ask candidate recruiters

  1. What is your search process, including for difficult-to-fill positions?
  2. Have you placed candidates in X or Y roles before?
  3. How do you handle clients with changing hiring needs?
  4. How do you manage referrals from internal employees?
  5. What is your approach to difficult-to-fill positions?

A model for all seasons

Selecting the right recruitment model is an art unto itself. If you’re hiring consistently and have the budget for it, an in-house recruiter may make the most sense. At the other end of the spectrum, a contingency recruiter can “pinch hit” for you if a hard-to-fill position calls for recruitment expertise beyond your usual requirements. As a further alternative, you can build a long-term partnership with the same external recruiter. With each new hire, they will gain a better and better sense of how your company works and how to best meet your talent needs.

When you need help finding a short-term candidate, consider the “temporary” and “temp-to-hire” recruitment models, which fulfill distinct strategic objectives. Temporary recruitment focuses on meeting short-term business demands. The temp-to-hire (a.k.a. temp-to-permanent) approach also seeks to meet a current need, but with the expectation that the temporary position will segue into a permanent one. Compared to the standard approach of giving new hires a probationary period, temp-to-hire saves costs and incurs less liability.

Whichever recruiting model you choose, a recruiter with an intelligent sourcing process puts you a step ahead. An essential precursor to recruiting, sourcing ensures that candidates meet a minimum qualification standard before being considered for a position. Find a recruiter you trust with sourcing, and you can rest easy knowing that every candidate you interview has met a suitable bar of skills and ambition.

Recruiter vs. headhunter: What’s the difference?

Headhunters find a “head” to fill a specific job, while recruiters work to fill many different job openings. Headhunters are typically called in to fill senior positions that require a unique blend of experience and skills. Recruiters often have an industry specialty and tend to establish longer-term relationships with both clients and candidates.

A LEG UP ON THE COMPETITION

The right recruiter will help you attract and retain the best, while saving time and resources.

Diving into the talent pool

In a competitive hiring market, a recruiter can help you hire quickly and efficiently. With demand for candidates outstripping supply, your usual hiring strategies may fall short. That’s where recruiters come in: between their existing network, referrals, and specialized outreach services, they can connect with candidates you would never know about on your own.

This includes people who need to wear more than one hat. The smartest talent experts understand that scientific skills come in many shades, and each role will call for a slightly different mix. Sure, one of your candidates might be an expert at clinical trial regulations – but that doesn’t mean they’re going to excel at long-term product strategy planning. With the help of a talent-optimization expert, you can ensure you’re not wasting all your efforts on square pegs.

The dreaded slowdown

If you experience a lag in company growth, financial concerns may cause you to hesitate to use recruiting services. While an understandable concern, working a recruiter into your budget could help revive your business. And when job candidates are scarce, you and the recruiter can work together to identify promising late-stage interviewees from previous hiring processes as well as passive candidates who may be interested in switching teams.

Hiring slowdowns often happen in the summer — incidentally, the time when thousands of college students become job-hungry graduates. Though these candidates may require a little extra TLC to train, they can easily make up for their lack of experience in energy and attitude. Working with a recruiter can help you identify the most reliable and ambitious of the bunch.

Hiring vision

Who do you want to hire and how do you plan to keep them? These are the fundamental questions behind “talent acquisition” and “talent management.”

Talent acquisition refers to the process of finding and attracting top-quality candidates, which involves relationship building, branding, and business smarts. Talent management, meanwhile, has to do with retaining and satisfying employees once they’re already on board. Think transparent company structure, workplace flexibility, and a compelling benefits package.

Of course, the two processes aren’t entirely separate. Well-managed talent will boost your organizational reputation, leading to smoother talent acquisition. By the same token, a well-thought-out hiring process will help your company attract candidates that suit their roles and will thus deliver more satisfied and productive employees.

An intelligent talent screening system – the bread and butter of recruiting – paves the way for a smooth acquisition process. This system could involve phone interviews, aptitude tests, or even background checks on social media. Just one caveat: when conducting skills tests, make sure the skills you test are actually required for the job.

Along with traditional screening methods, many recruiters will have state-of-the-art AI tools up their sleeve to help you streamline your search. Advanced software can help predict candidate outcomes, while chatbots can schedule interviews and engage candidates on your website.

It’s a two-way street

Don’t expect magical answers if you haven’t articulated the questions. As an employer working with a recruiter, you’ll have to spell out your requirements. As soon as you can, arrange a meeting with your recruiter, and leave no stone unturned as you lay out what you’re looking for. A basic checklist of qualities doesn’t mean you can’t be flexible – your recruitment plan should include backup strategies to deal with unexpected hiring needs.

Once you’ve outlined your basic requirements, put your micromanaging hat in a drawer and leave the nitty-gritty to the recruiter. That’s what you’re hiring them for, after all. If you’ve done the prep work of articulating your needs and agreeing on a plan, you can trust that the recruiter will leverage their own networks, pre-screening systems, and software solutions to bring you a pool of high-quality candidates.

If you’re looking to expand a particular department or role, do your homework on current top performers. Consider: do they share a similar background, skill set, or personality type? Even better, ask the high flyers themselves what part of their education or experience has served them best on the job. Share their answers with your recruiter, who can use the insights to hone in on your next workplace superstar.

The post-pandemic world also calls for a leaner approach to hiring. Do you need a pipeline of candidates ready to jump in as needed, or can your organization tolerate a waiting period? Talk to your recruiter about your level of risk tolerance and need for hiring efficiency.

Just in time or just in case?

The “just in case” model puts a priority on candidates who are already trained in every skill they may need. While difficult to find, such candidates help you build resiliency. The “just in time” model seeks employees who are trained in a specific skillset and nothing more – and in some cases, called in only when needed. Both models have their perks; it’s budget and company culture that will determine which one to use and when.

HAPPY RECRUITING

Done right, recruiting is not only productive and cost-effective, but enjoyable for everyone involved.

Our Sci.bio recruiters take pride in delivering results and building relationships. They come from a variety of backgrounds, and possess their own wide talent networks to draw from. From general to specific, entry-level to expert, our recruiters can help you fill any po honesty over hype, and will work hard to find a match that makes everyone happy – a win-win-win.

If you’re a recruiter looking to join a team of like minded professionals, searching for efficient and expert assistance filling a role, or you’re interested in more information about how we operate here at Sci.bio, feel free to reach out to us here. We can help you learn how best to leverage our platform and technology to increase your success as a recruiter. We also invite you to browse through our blog posts to get a deeper sense of what recruiting can offer

 

ChatGPT: What Does It Mean For Life Science Employers?

ChatGPT: What Does It Mean For Life Science Employers?

Author:  Tara Smylie

Ah, ChatGPT. These days, you can hardly walk ten feet without hearing about it. How will it help our species? Whose jobs will it eradicate? Who owns the rights to what it produces? As of right now, no one has a concrete answer to any of those questions. But there’s one thing we do know: ChatGPT won’t soon replace any job involving in-depth analysis or critical thinking.

As a life science employer, you’re probably wondering how the software will affect your current employees, as well as how you recruit new ones. Below, we’ve provided some basic info on the software, and what it means for science-based industries.

The Burning Question… What is ChatGPT?

As you probably know, the world of AI is abuzz with talk of this new chatbot, which can have high-level conversations about most any topic under the sun. Perhaps most excitingly, it can help its human users generate ideas, flesh out research, and identify gaps in their logic.

Indeed, there are many exciting potential applications of ChatGPT in the life sciences. The chatbot can be used to analyze patient data, suggest and compare effective treatment plans, identify potential new treatment recipients, and anticipate the properties of new compounds – to name just a few potential applications.

Limitations of the Software

You’ve probably also heard that the chatbot isn’t foolproof – at least, not yet. Indeed, ChatGPT can be overly technical, beside the point, or just plain wrong in its answers to user inputs. In a scientific/pharmaceutical context, these errors can have serious consequences. As such, at the time of writing, we do still need human beings to oversee and edit the work of our trusty AI helpers.

The Life Science Job Market

It’s undeniable: this new AI chatbot is capable of performing many STEM-based tasks. For example, it has a high ability to execute classic data analysis tasks such as creating code that can analyze large amounts of information, create “dummy data” to test algorithms, and develop data analysis training modules. However, it is still not a “big picture thinker” or a problem solver. Good news: we still need humans for larger and more complex tasks!

What Does it Mean for Hiring Processes?

It’s true – ChatGPT can likely be helpful as a part of the recruiting process. However, as with all other fields, its applications are presently limited to more straightforward tasks, such as writing job descriptions and screening for particular qualifications or experience. ChatGPT can now handle the more menial tasks associated with recruitment – which leaves actual recruiting teams with more time to focus on screening, interviewing, and sussing out standout applicants from the mix.

ChatGPT certainly can’t mimic one of the most crucial recruitment skills, either: a big-picture perspective on which employees will excel in which jobs. A good recruiter can also identify the most attractive elements of a job or company and pitch them to potential employees – an ability that ChatGPT does not currently have, and isn’t likely to develop anytime soon.

If you’re an employer wondering if you should use AI in your own recruiting process, consider why you’d be using it. If you’re looking to make your basic search process more efficient – absolutely ChatGPT is one of many ways you can make that happen. But if you’re looking for all the benefits of an actual recruiter, don’t expect a robot to provide that for you! A little bit of investment in a human team to help you find your perfect match can pay off in spades.

A Handy Little Helper

ChatGPT is an exciting new development in the world of AI with the potential to revolutionize the recruitment landscape. At this point in time, though, it’s more of a “convenient assistant” than a full-blown problem-solver. When you’re looking to tackle a complex task, you’re still going to require a human (or team of humans) to help you with it. If you’re looking for some particularly on-the-ball humans to join your team, Sci.bio’s recruitment team can help you find them.

References:

  1. What Is ChatGPT? What to Know About the AI Chatbot
  2. How ChatGPT might be applied in life sciences and medtech
  3. Will ChatGPT Put Data Analysts Out Of Work?
  4. Revolutionizing Recruiting: How Recruiting with ChatGPT Transforms Talent Acquisition
“It’s Not You; It’s Me” – How To Avoid Candidate Ghosting

“It’s Not You; It’s Me” – How To Avoid Candidate Ghosting

Author:  Claire Jarvis

How can you avoid candidate ghosting?  First we need to define ghosting.  The term “ghosting” – when one person drops all contact without warning and no longer replies to your messages – is something you may have heard about in the context of romantic relationships or friendships, but it is becoming a professional phenomenon too.

A recent survey of jobseekers found that 84% of candidates admit to ghosting an employer or potential employer during the past 18 months. As a recruiter, it is frustrating when a candidate stops responding to your calls and does not tell you why. Aside from accepting it’s not a personal reflection on you, here are some ways to reduce the likelihood of candidate ghosting.

Why Candidates Ghost

Unfortunately, the reality of the current workforce and hiring trends means that ghosting is easier – and more tempting than ever.

With the biotech sector still growing fast and struggling to fill their positions – and the rising cost of living prompting many STEM workers to seek better opportunities – recruiters need job candidates slightly more than candidates need them. As a result, jobseekers often move faster than recruiters when applying for jobs and accepting or rejecting offers. They are also frequently working with multiple recruiters or applying to jobs directly. This leads to a situation where candidates are more likely to ghost one recruiter because they’ve accepted another job offer, or they are balancing too many job applications and decide to let some opportunities go.

In the survey mentioned above, 29% of job candidates said the reason they ghosted an employer was because the salary offered was too low. The second most common reason given was the candidate received a better job offer (28%).

How Recruiters Can Avoid Candidate Ghosting

The best way to avoid jobseeker ghosting is to remain approachable and proactive. Keep candidates apprised of delays with their applications (e.g. if the hiring manager is away on vacation until next week), and check in with the candidates regularly. These check-ins should continue even after a job offer is made: if the candidate isn’t receiving updates from their new employer, it may make them nervous and more likely to continue their job search. It is uncommon for a candidate to ghost the company after making a job offer…but it’s not unheard of.

When filling biotech roles, make sure you know what the candidate’s preferred salary range is early in the process, and whether the position you’re trying to fill meets their expectations.

Assume that the candidate is pursuing multiple opportunities simultaneously, and act accordingly. Try to accommodate the candidate’s other applications – if they expect to attend a final stage interview next week, make sure they do not have to wait long to find out the status of the interviews you’ve facilitated.

Lastly, emphasize that you’re supportive of the candidate pursuing other opportunities and accepting competing offers. Some candidates ghost recruiters because they fear an awkward conversation when they admit they’ve accepted another offer. If you want your candidates to tell you when they’ve stopped their job search, it’s best to be understanding.

Looking to fill biotech positions? Sci.bio’s flexible recruiting and sourcing solutions are designed to meet your company’s needs. Get in touch with us today!

Improve Your Memory to Improve Your Relationships

Improve Your Memory to Improve Your Relationships

Author:  Jason Burns

Yes, you can improve your memory! We’ve all been there. Someone approaches you whose name you don’t remember.  You’ve met each other a few times, but your mind goes blank… You manage to get through the interaction with a “hey, you!” and feel too embarrassed to ask for their name again, especially since they know yours. Whether they notice you didn’t remember their name or not, it is difficult to forge a strong relationship with the person if you don’t know their name!

Why does your memory fail you in moments like this? There could be a number of reasons. Research shows that the average American consumes at least 100,000 words and 34 GB of data per day! Given all of the information you consume on a daily basis, your brain cannot possibly store everything in your long term memory. Indeed, common reasons why you can’t remember something could be because it was never encoded into your memory in the first place, or you don’t have any “retrieval cues” to call the memory back into your mind.

Despite these challenges, remembering aspects about a person is essential not just for creating new relationships with people, but also for strengthening existing relationships. Forgetting someone’s name or an important detail can be a sign that you are not interested in the other person, which is the opposite of making a good first impression! Conversely, being able to remember details about your boss’ kids or a client’s favorite hobby goes a long way because it shows you genuinely care about them. What’s more, recalling details and asking additional questions about them will cause them to associate positive memories with you, since psychologically, people love to talk about themselves.

Ways to Improve Your Memory

Try these techniques the next time you want to commit important facts to memory:

Repeat it to yourself.  According to research, your short term memory only lasts for 20- 30 seconds, unless you try to repeat the information out loud or in your head. You can ask a clarifying question using the person’s name or restate what you just heard to make sure you understood correctly. After the interaction, try to repeat it again mentally to commit it to memory so you can retrieve it later. In fact, experts recommend “overlearning” the things you want to remember through repetition so that your new memory does not interfere with your existing memories.

Write it down. Studies show that your short term memory only holds about seven pieces of information. Since you’re not exactly in control of which seven pieces your brain will remember, a good idea is to write down important details in case you forget later. After a conversation with someone, make a note on your phone, on their business card, or on your laptop’s notepad with their name and any critical data. This is particularly important if you’ve offered to provide them with further information or connect them with someone.

Remove distractions. Don’t multitask when absorbing the new facts. Unless you’re using your phone to take notes about what you want to remember, put it away. If you’re juggling more than one task or multiple inputs, your brain has no choice but to prioritize one thing over the other. Another common distraction occurs when you’re not actively listening to the new information, and you’re thinking about something else or planning your next response. Instead, try to focus your complete attention on listening to the other person, and you’ll be more likely to remember what they say.

Make associations. To help yourself retrieve the memory later, make an association between the person and something easy to remember. This can help trigger the memory of the person and their name or important details. For example, if Sarah mentioned she’s going on a sailing trip, remembering “Sarah sails” will be easier to recall the next time you try to retrieve information about Sarah. Another example is comparing the person to someone famous or someone you’ve met before. If your new acquaintance Matthew has brown hair like your cousin Matthew, making this association may help you recall his name the next time you interact with him.

Get enough sleep. Research shows that sleep is essential for the formation of long-term memories. Furthermore, if you’re sleep deprived and tired, your ability to focus and learn new information will be impaired. After your next networking event or big meeting, make sure to get a good night’s sleep to increase your chances of being able to retain the significant facts you were exposed to during the day.

Final Thoughts on Memory and Relationships

Remembering details about a person is a meaningful part of establishing a new relationship or strengthening an existing one. By failing to remember someone’s name or a significant aspect of someone’s life, it could be interpreted as you not being interested in them. Solidify important facts in your mind by trying these tips to improve your memory.  You will reap the rewards in your relationships!

Biotech Recruiting into the Dark: Hiring in Uncertain Economic Times

Biotech Recruiting into the Dark: Hiring in Uncertain Economic Times

Author:  Claire Jarvis

Is there a Biotech Recruiting Slowdown?

Workforce statistics from the past two years paint a concerning picture of the biotech recruiting sector in 2023. The COVID-19 pandemic led to a boom in hiring and growth, but now that the initial biotech demand is leveling off, many companies are ‘right-sizing’ to pre-COVID-19 levels. Statistics predict the growth of the biotech sector slowing in 2023, in part to rising inflation.

The overall trend means biotech companies are slowing down their hiring. It’s not clear how much growth will slow in 2023, and hiring managers might wonder whether it’s worth adding more workers to the payroll if layoffs are coming. Due to its ability to consolidate and diversify their portfolio, Big Pharma is in a stronger position than agile biotech start-ups, but industry experts still urge caution.

Attracting Biotech Talent in 2023

Despite an economic slowdown, the biotech sector is continuing to grow, and companies are still looking to hire top talent. Here are a few ways biotech recruiting is filling positions and attract candidates.

First, it’s important to understand candidates’ motivation for switching roles, because there are many professionals considering a job switch, even if they’re currently employed. A lot of candidates are seeking appropriate salary increases to combat inflation. Or, perhaps instability at their current company has created a threat of layoffs.

As a recruiter, there are several ways to appeal to these candidates and fill your client’s vacancies.

  • Highlight remote, hybrid and flexible working options. Thanks to rising gas prices, commuting is expensive, and many employees don’t like feeling pressured to come into the office. Flexible working remains a high priority for jobseekers as they explore new roles.
  • Emphasize supportive work culture for new hires. Work culture is not just about throwing money at employees, but thoughtful initiatives to support new hires and integrate hybrid teams. The COVID-19 pandemic has left many workers feeling adrift from their colleagues, and they want to better integrate into their teams, virtual or not.
  • List opportunities for career growth and developmental opportunities within the company. The new hire is more likely to make long-term commitment to the role if they think they can progress in their career without needing to switch companies again.

With over ten years’ experience serving biotech companies in the Boston area, Sci.Bio knows how to guide your company through economic changes. Schedule an appointment with us today to learn more.