Preparing for the Generational Shift: How to Retain and Replenish Senior Life Sciences Talent
Summary
In 2023, the average age of workers in the life sciences was reported to be around 45, with a substantial proportion of leadership roles approaching retirement within the next decade. This demographic shift presents a unique set of challenges, but with strategic planning and proactive initiatives, you can effectively navigate these waters and secure the future of your organisation.- Author Company: PharmiWeb.Jobs
- Author Name: Lucy Walters
- Author Email: Lucy.Walters@pharmiweb.com
- Author Website: https://www.pharmiweb.jobs/
As a recruiter or hiring manager within the life sciences industry, you’ll more than likely be aware of the impending challenges of the current ageing workforce. With any senior professionals nearing retirement, the task of replenishing this vital talent pool is more pressing than ever.
In 2023, the average age of workers in the life sciences was reported to be around 45, with a substantial proportion of leadership roles approaching retirement within the next decade. This demographic shift presents a unique set of challenges, but with strategic planning and proactive initiatives, you can effectively navigate these waters and secure the future of your organisation.