Pharma & Life Science's US$3 trillion boom: Is your talent strategy ready?
3 min | Craig Huntley | Report | Recruiting Market trends Industry insights | Life sciences and pharma sectors
Discover how our US experts are responding to the Global Pharma and Life Sciences Talent Report, developed by Everest Group in partnership with Hays. Learn what our experts uncovered, including topics around digital talent shortages and regulatory complexities, and see how their insights can help shape your organization’s next strategic move. Fill the form to get your copy today.
The full report is essential reading. But if you're short on time, here’s the key takeaway: Pharma and Life Sciences have surpassed US$3 trillion in global revenue, with no signs of slowing down. The challenge? Talent supply is lagging behind, putting pressure on vital areas of the business.
Now, let’s jump into the conversation and spotlight some of the most compelling insights on workforce transformation across Pharma and Life Sciences. Or better yet, fill out the form to access the full report and explore all the insights firsthand.
The industry’s shift toward AI, cloud, and predictive analytics is transforming traditional roles. Clinical and R&D teams now require blended scientific and digital skillsets, and demand is rising for AI engineers, data scientists, and regulatory-tech specialists.
“We’ve seen huge investment in AI/ML groups that didn’t exist 10 years ago. The other large trend we’ve seen is the need for Real World Evidence. Patient registries within pharmaceutical companies give them access to patient information to provide better care to patient sub-populations. The use of data has so many benefits to patients, and we are starting to see AI help with refining all this data.”
- James Conroy, Head of Life Sciences Recruitment, Hays
Each vertical within Pharma and Life Sciences faces distinct talent pressures:
A one-size-fits-all approach won’t work. Organizations must adopt tailored talent strategies that reflect the unique dynamics of each vertical.
“In the climate of technological advancement, providing individual and customized solutions are essential, i.e. talent dashboards, hiring insights, etc. Companies need to be flexible in their approaches or risk losing the best talent. The most critical future-ready hiring is reskilling and re-deploying existing workforce within organizations.”
- Michal Mercier, Business Manager of Life Sciences Recruitment, Hays
The report outlines five strategic levers for future-ready talent acquisition:
To close the talent gap and stay competitive in a US$3 trillion industry, organizations need to rethink how they attract, develop, and retain talent. Whether it’s building early-career pipelines, investing in digital capabilities, or tailoring strategies by vertical, the time to act is now.
Discover the insights that made us pause and reflect, then consider how they might shape your own strategy. Fill the form to get your copy.
Craig Huntley Senior Vice-President, Customer Growth - Enterprise Solutions
Craig is the Senior Vice-President of Growth for the Americas at Hays Talent Solutions. With over 10 years of experience in Workforce Solutions and strategies, Craig leads the go-to-market strategy executed by the Client Solutions team. He is responsible for developing new client partnerships and providing solutions that can transform workforce strategies. Craig is also an experienced IC Compliance & Payroll expert and a Certified Contingent Workforce Professional.