Pharma and Healthcare Sector to Witness a 61% Intent to Hire for Q3 – 2021
Although Pharma & Healthcare companies have been working round-the-clock to meet the demands of various medications, the pandemic has exposed and imposed a critical need to improve and optimise several processes. In this industry, technology can help get rid of human error and maintain higher degrees of consistency and efficiency. The challenge for most companies however is to find the right skills and fast. With increased automation, current employees will also need to be upskilled and trained in the use of new technologies.
How can this be addressed? Managed Services and Contract Staffing. Temporary Staffing will enable the industry to ramp up its workforce rapidly without the add-on task of training the staff adequately. Additionally, such a staffing structure provides flexibility to temporarily ramp up the workforce and optimise business strategies. Most importantly, this will aid in alleviating expenses as well as create scope for the industry to have the talent pool with needed skill sets.
The recent Employment Outlook Report for Q3 FY22 by TeamLease Services has indicated a 61% intent to hire for this industry in the ongoing Q3 (Oct-Dec 2021). Here are a few key shifts in the employment outlook for the sector:
- Temporary workforce demand during the pandemic increased by almost 30% – 33% as per reports with the constant need for more staff both physically and virtually.
- Other than traditional skill sets, the pharma industry is also keen on recruiting candidates with technical competencies in IT, AI, Cybersecurity, and allied sectors.
- Ensure a high-quality skilled workforce to optimise manufacturing.
- Skilled-based jobs as health tech professionals that will develop the working and operations of the telemedicine network are on the rise.
- Almost 20 – 22% hiring demand for doctors & nurses, virtual & homecare facilities across speciality & super speciality segments as per reports. The largest growth is expected in the patient care segment.
For more insights, download the free version of the TeamLease Employment Outlook Report for Q3 FY22.
Latest Blogs
Staffing Process: Definition, Key Steps, and Its Importance
Having the right talent in the right roles is crucial for business success. The staffing process plays a vital role in ensuring that organisations attract,...
Read MoreWhat are the benefits of HR outsourcing services?
As the world of work evolves at lightning speed, one thing has become clear: agility and efficiency are no longer just nice-to-haves; they're essential for...
Read MoreThe Hidden Costs of Employee Attrition and How to Address Them
Every fiscal year, as businesses grow and evolve, employees naturally seek opportunities for advancement, whether through increased responsibilities, new titles, or career progression. How organisations...
Read MoreNo Women Left Behind: Why Female Workforce Participation in India Must Rise
The biggest challenges holding women back The report talks about the 19 key persistent challenges that hold women back. Here are the top 10: Socio-Cultural...
Read More5 Benefits of Working with a Contingent Staffing Partner
Today's fast-paced job market demands flexibility, productivity, and the appropriate skill sets at the proper time for organisations. Temp staffing partners fill this gap by...
Read More