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Pharma, biotech pros say their firms have keys to engagement

July 10 2013

Workers in the pharmaceutical/biotech sector are more likely to say their companies have many of the right mechanisms in place to keep employees engaged compared to workers in other industries, according to the Q2 2013 Randstad Pharma engagement study.

Sixty percent of pharmaceutical/biotech workers reported that their employers provide regular performance reviews, compared with 44 percent of employees polled across all industries. Additionally 53 percent in this sector said their employers invest in employees’ careers through training and development versus 35 percent of employees overall.

“Given the demand for talent across the pharmaceutical and biotech sector, companies understand the great need to attract and retain top talent and are investing in tools and programs designed to foster stronger employee engagement levels,” said Greg Coir, president of Randstad Pharma.

Pharmaceutical/biotech workers’ top responses to the question, “Which of these do you think are most effective in helping to keep employees engaged?” included:

  •  Offering promotions or bonuses to high performing employees: 30 percent (versus 30 percent all employees)
  • Providing a comfortable and stimulating work environment: 17 percent (versus 22 percent all employees)
  • Encouraging employees to share their ideas and opinions: 24 percent (versus 22 percent all employees)
  • Investing in its employees' careers through training, professional development, or continuing education: 29 percent (versus 22 percent all employees)
  • Having a formal system in place to recognize/reward top employees: 17 percent (versus 15 percent all employees)

The Q2 2013 Randstad Pharma engagement study is based on findings from an online survey of 3,282 full-time employees from March 25 to April 8, 2013.

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