PharmExec: contingent workforce strategy critical for life sciences companies.

April 20, 2020 Don Steele

When you consider the level of time and money invested in new product development, the ability to be first to market is critical to success in today’s life sciences industry. Companies must have the agility to ramp up at critical phases of years-long processes, from initial R&D through commercialization.

With full-time staff engaged in ongoing work, access to contingent talent becomes a differentiator in meeting important goals and benchmarks. These specialized, highly skilled professionals are in great demand, however, and have options when it comes to selecting an employer. Attracting the right people with the niche skills required, at just the right time, can be a challenge.

With such a strong competition for top contingent talent, establishing a contingent workforce strategy is a must for any life sciences company seeking to remain competitive in today’s marketplace. Having a pipeline of available talent can be what makes the distinction between being quick to launch and lagging behind. But it takes a deliberate effort to keep a flexible workforce engaged and ready to deploy when needed.

Read the full article in PharmaExec from Randstad Sourceright area vice president of integrated MSP, Don Steele, to find out how effective contingent workforce management can be a game changer when it’s time to act fast. Then read, "How life sciences companies are engaging talent in a new age of medicine" for more research and Talent Trends for your sector.

About the Author

Don Steele

Don Steele is area vice president, Integrated MSP for Randstad Sourceright.

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