113 - Pharma/MedTech Market, Why Good People Leave, Finding Motivation, Onshoring in Pharma and Motivation with Ira Mann

Let's Combinate · 6 Dec 2023 · 28m

What this episode covers

Ira Mann, President of IQ Referrals, discusses the current state of the Pharma and MedTech job market, noting a capital crunch that has slowed hiring for smaller companies while larger firms continue to operate. He identifies lack of advancement opportunities, unclear goals, and poor management support as the primary reasons good employees leave their jobs. Mann also highlights a significant trend toward insourcing and onshoring in US manufacturing, driven by supply chain risks and geopolitical nationalism rather than just cost. Finally, he emphasizes the importance of networking and tailoring resumes to pass automated screening systems in a competitive hiring landscape.

Other shows on the same ground, closest first.

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  • Global Medical Device Podcast · 49m

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  • Global Medical Device Podcast · 31m

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  • Global Medical Device Podcast · 43m

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    Elena Kyria, founder and CEO of Elemed, discusses the 'reset' in the MedTech talent market, where the previous 'war for talent' has shifted to a candidate-saturated environment driven by AI and economic volatility. She explains how LinkedIn's 'Easy Apply' feature overwhelms recruiters, forcing candidates to access the 'hidden job market' through direct networking and strategic personal branding. Kyria emphasizes that AI literacy is now essential for Quality Assurance and Regulatory Affairs professionals to eliminate tedious tasks and focus on high-value strategic work, while transverse skills like communication become the key differentiator for specialists and generalists alike.

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