The Differences Between Recruiting For Biotech And Pharmaceutical Companies
However, contrary to the common perception, there is a significant difference between hiring the most suitable executives for these niches is not hiring the right professionals for each individual niche. The dedicated life science executive search firms in Canada understand this fact fully well and hence are the right choice for making successful executive recruitments in the field of healthcare. Discussed below are some of the most important ways in which hiring for pharmaceutical companies differed from hiring from biotech organizations. 1. Interaction With The Management 2. Work Environment And Job Responsibilities 3. Hiring Frequency And Search Areas 4. Career Transition And Relocation Opportunities 5. Compensation And Benefits The compensation and benefits offered by biotech companies are not much as compared to those offered by the pharmaceutical companies. According to the international executive search firms in Canada, it is the challenge and the excitement of working in a scientific environment is the biggest attraction that draws the most brilliant minds from pharmaceutical companies to seek a job with biotech firms. The pharmaceutical firms on the other hand, offer better compensation and benefits in the form of stock options and bonus plans. This is also one of the major reasons that most recruitments in the field of life sciences are made for pharmaceutical companies.
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