BioSpace's first Insights Report of 2024 is here. Interesting things to note: ◼ Competition for jobs is fierce and will likely intensify. The average rate for applications per job increased 137% in 2023 compared to 2022 ◼ The workforce is feeling the effects of leaner staff, with most (82%) performing tasks outside their job duties and working more than regularly scheduled hours (79%) ◼ Top motivations for job changes are growth opportunities, more money and a new challenge. ◼ 63% of organizations are still actively recruiting and 37% anticipate their number of open roles will increase in 2024.
What does 2024 have in store for the biopharma workforce? After a challenging funding year that resulted in significantly slowed hiring and layoffs, job market competition remains fierce. BioSpace’s Employment Outlook report is available now:https://hubs.li/Q02hpcxh0 #pharma #biotech #biopharma #hiring #biospace
