Navigating the nuances of the pharmaceutical and biotech industries, especially when recruiting, needs both a considered and decisive approach. For leaders in the sector, the question frequently asked is: should we take on our recruitment internally or leave it to the external experts?
A Closer Look at In-house Recruitment
Undoubtedly, managing recruitment within your organisation ensures direct engagement with prospective candidates. Control over the selection, interview, and onboarding process has its benefits, offering a firsthand insight into the candidate's capabilities and fit within the company culture.
However, the challenges with locating candidates with precise experience, (in areas such as GMP) especially in a sector with notable candidate shortages, can strain your internal resources and detract from other vital projects.
Furthermore, large companies, despite their stature, are not immune to these challenges; they often grapple with similar issues, such as the need for innovation and a gap for a cohesive data strategy.
What Does Outsourcing Look Like?
Conversely, outsourcing recruitment poses its own set of possibilities. Handing your hiring process over to external specialists, particularly those in the life sciences sector, can connect you with a stronger pool of candidates, alleviate the internal burden, and power the recruitment process with key industry insights.
When tackling already present internal challenges, outsourcing your recruitment can be a strong decision for your organisation. According to Statista, a notable 68% of life sciences employers used external partners last year, highlighting the advantage felt by the industry when it comes to tapping into agencies.
An external partner will alleviate tasks such as:
- Finding talent in a candidate-short market, as agencies like nufuture have access to candidates ready for work, and wider networks that they can leverage
- Sourcing passive candidates that aren’t actively looking for work or are on job boards, due to the level of networking done by recruiters on a daily, weekly and monthly basis
- Job specification and advert writing, to ensure the role is attractive as possible, and the search is accurate
- Creating a tailored hiring process with your needs in mind, including pre-screening, tech testing, background checks, personality assessments and interviews
Tapping into external support for your recruitment ensures that your partner does the heavy lifting, so that all you need to do is meet the candidate to be confident that they’re the right fit. A recruitment partner may also offer expert advice around areas such as onboarding, retention and improving your employer value proposition for the long run.
Which Path Will You Choose?
An in-house approach, while offering control, may divert essential resources from core business functions as you navigate through the candidate shortages in the sector.
However, outsourcing to a partner like nufuture does more than just fill your vacancies. We create a transformative partnership, supporting you in defining a future where your organisation succeeds amidst the challenges and complexities of your sector.
Your Next Step?
We’re serious about what we do in the life sciences recruitment landscape. With a track record in delivering impactful projects, from M&A transformation projects to regulatory compliance initiatives, we flex our approach, carefully considering the details that facilitate smooth, transparent, and effective recruitment processes.
Let’s redefine what recruitment means in the Life Sciences sector together. Reach out to us to start your journey today.