Back on British soil: The impact of a stronger UK economy on recruitment in the pharmaceutical industry

At the height of the economic downturn, confidence in the UK’s economy dropped. In a bid to reduce manufacturing costs and stabilise investments, many pharmaceutical companies took these processes abroad. As a consequence, some of our highly skilled, domestic labour force went with it and project availability in the UK changed. Today, Britain’s economy is growing faster than any other major developed country and this is only set to continue. With confidence in spending increasing again, what does this mean for the pharmaceutical industry in the UK?

The International Monetary Fund recently reported that Britain’s economy developed faster than every other major country in 2014, with a growth factor of 2.7%. In 2015, the UK will continue to expand, with only the US predicted to grow faster. A healthy economy is synonymous with confidence in spending and as a consequence, we’ve seen manufacturers investing in new products and technology. Whilst new projects within the UK are on the rise, the pool of talent readily available has not altered, resulting in a skills shortage.

Qualified candidates who work in the UK follow a pattern of being committed to contracts which are extended or amended to accommodate for a transition between manufacturers. Available staff now have more choices and it has never been easier for highly skilled workers to travel for contract and project work throughout the European Union, or even worldwide.

As job opportunities are more readily available, businesses should consider their candidate attraction strategy. Forming a relationship with an expert recruitment consultant can provide clients with the tools to find their ideal candidate and start pharmaceutical production more efficiently.

There are several stages of the recruitment process which can be inconvenient for employers within a contract environment. Taking time off for interview stages can be problematic and yet is often not considered when the process begins. A specialist consultant adds significant value to the recruitment process, sourcing technical testimonials and verbal referencing in addition to the standard recruitment procedures. This ensures that all contractors are fully qualified for the roles, minimising the risk to the employer when sourcing workers and maximising the efficiency of the recruitment process.

Pharmaceutical manufacturing expanding in the UK brings with it avenues for research, development and production. This renewed investment drives projects which in turn fuels contractor and freelance requirements. With so many opportunities in the UK pharma industry, a technical recruiter’s extensive network ensures businesses are able to place the best person for the project at hand.  

Austin Fraser is an award winning, specialist IT and Engineering recruiter who specialise in sourcing specialists. It's our mission to break the perception of 'stereotypical recruiters' and demonstrate that recruitment, when done well, is an excellent and consultative process. 

View the original article here: http://blog.austinfraser.com

Find us on LinkedIn: https://www.linkedin.com/company/austin-fraser

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