As we slowly come out of the pandemic the labor market is tight with many job openings unfilled. This labor market has record-level turnover and job openings, increased stress and significantly changed candidate expectations. Here are the post-Covid recruiting best practices you can use to improve your ability to hire. Remote Interviewing Virtual interviewing exploded… Read more »
Americans have a cultural aversion to discussing personal income. A 2018 survey from Capital Group found “salary or household income” to be Americans’ foremost conversational taboo, ahead of “marriage problems, mental illness, drug addiction, race, sex, politics and religion.” But this pay transparency taboo may be changing due to Gen Z’s generational comfort with sharing… Read more »
The answer to the question ‘Is Inflation Impacting Pharmaceutical Drug Pricing’ is surprisingly, no. “There are two big drivers on drug costs. One is ensuring competition. The price of a drug is greatly impacted by the extent to which there is competition. The second big challenge and one that remains more difficult to address is… Read more »
There’s never been a more exciting time to be investing in the pharmaceutical and biotech industry. The COVID-19 pandemic created tremendous investor demand driving record IPOs and positioning the biotech industry as the hot new sector for investing. According to Silicon Valley Bank, venture capital fundraising within the biotech industry soared to $47 billion in… Read more »
Protection for cryptocurrency? Crypto insurance, and the rise of digital currency. Bitcoin was the first cryptocurrency introduced in 2008, and since then, the crypto industry has seen enormous growth. With over 7,550 cryptocurrencies in circulation and the global market capitalization reaching an all-time high of $3.3 trillion in November 2021, most financial experts would agree… Read more »
The pandemic moved telehealth medicine from a limited use product for rural and underserved patients to widespread use across all aspects of the health care industry. According to the CDC, telehealth medicine utilization spiked by more than 154% in late March of 2020 compared to the same period in 2019. Telehealth medicine is expected to… Read more »
“There aren’t enough workers to go around for the jobs we have right now. We run an ad and get zero ad response. What do we have to do to find someone to hire?” It isn’t a shock to anyone that it is a candidate driven job market right now. What is causing this, and… Read more »
“It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things,” said Leonardo da Vinci. In 1492 he wrote a letter to the Duke of Milan trying to garner his patronage by detailing his skills and background. This… Read more »
Diverse hiring is important for an organization’s growth and success. A Harvard Business School article on ‘How and Where Diversity Drives Financial Performance’ stated, “Diversity represents a tangible missed opportunity and significant potential upside for most companies…worth up to 12.9% points of innovation revenue.” You’ve adjusted your hiring policies to support a more diverse organization…. Read more »
‘A year in consulting is worth two in industry,’ is one of the assumed truths about the choice between a career in industry vs. consulting. What are the pros and cons about this very important choice? Scope of Work Consulting has a wider scope of work because the core projects of a consulting company, efficiency and… Read more »