Science job losses

COVID-19 has had a devastating impact on the world's economies, and as a result, many people have lost their jobs. According to Channel 4, the coronavirus pandemic has already caused more unemployment than the financial crisis of 2008, and we're nowhere near out of the woods yet.

 

What does this mean for the life sciences sector?

The recent economic uncertainty has left few if any sectors unscathed. Many workers in the life sciences industry have been furloughed or laid off, just like their counterparts in other fields and it's likely that more job losses are still to come.

Young scientists who were expecting to embark on bright new careers in 2020 have instead found their prospects in jeopardy. With beleaguered employers cutting costs and postponing their searches for new talent, opportunities are scarce right now, and this could have long-lasting consequences for those unfortunate enough to be leaving university in 2020. According to the USA's National Bureau of Economic Research, graduating in a time of recession results in "large initial earnings losses" and can lead workers to "start out with employers that are smaller on average and pay less". The NBER also observe that these workers often try to "catch up by switching jobs more frequently than those who graduate in better times".

Still, established and aspiring scientists alike can take heart, because they are the people who can provide solutions to problems like the coronavirus. Scientific ingenuity is never more in demand than during a global crisis, and while some scientific companies are struggling right now, many others are crying out for new talent to help humanity emerge stronger from this period of adversity.

The ongoing effort to produce an effective vaccine is what's making headlines right now, but the sciences are rising to the challenge of COVID-19 in many other ways, too - for instance, by developing new systems that make it easier for firms to continue working in these times, or by manufacturing products that help to reduce transmission.

 

Are some science jobs more recession-proof than others?

Wondering which scientific sector is the safest bet in these chaotic times? Here are two possible answers:

  • Data Science - According to Analytics Insight, "new job postings in data science and analytics have declined overall, [but] they currently appear to be declining at a slower rate than than that of most other occupations". Data science is a crucial tool for enterprises in these unprecedented times; analytics can help us to understand the impact of COVID-19 on our society, and this understanding allows business to plan smarter, more effective responses. Browse Data Science Jobs >>

  • Pharmaceuticals - In times of sickness, people need medicine. Per lovemoney.com, pharma jobs are "considered generally recession-proof since people prioritise essential expenses like prescription drugs during times of economic hardships". Browse Pharmaceutical Jobs >>

The COVID-19 crisis has taught us that no industry is invulnerable, but whatever happens, the world will always need talented scientists in roles where they can make a difference. If you're currently looking for work, you can browse and apply for a wide range of scientific vacancies right here on the HRS website.

Search Science Jobs

Are you currently unemployed and patiently waiting for an interview to come your way? There are hundreds of people up and down the country who have recently been made redundant, so you're not alone. When you're looking for a job, the days can quickly turn into weeks and months with very little progress being made. All of a sudden, you might get three interviews in one week!

Job hunting is unpredictable, and at times, can seem like a neverending struggle with no end in sight. You might start getting job search anxiety, maybe even feelings of depression. It really can be hard to stay positive, especially if things aren't going your way, but don't worry, we've got a whole host of top tips to help you stay positive during your job hunt. 

1. Create Structure & Routine

Being unemployed and having the freedom to sleep in until 2 pm every day might seem like a luxury at first, but we can assure you that the novelty wears off. Your mental health will start to decline if your life has no structure or routine, and this is one of the main reasons that people struggle to stay positive during their job hunt. We'd recommend creating a plan for each day & sticking to it.

2. Take Advantage of Resources

As a job seeker, you should always be on the lookout for resources that will help you secure your dream job faster. Here at Hyper Recruitment Solutions, we offer advice to candidates including CV advice & tips, interview advice and much more. Looking at resources like this will make you feel more prepared & confident - boosting your mood and helping you stay motivated. 

3. Set Realistic Goals

Rather than allowing one week to roll into the next, you should set small achievable goals and reward yourself when you complete them. This will help prevent you from falling into a negative cycle. These shouldn't be unrealistic goals, they should be things like:

  • Sending out 30 CVs to relevant job postings
  • Contacting at least 1 recruitment agency
  • Adding 5 new things to your portfolio

4. Look for Volunteer Opportunities

Negativity during your job hunt might stem from boredom, after all, there's only so much sitting at home and looking at jobs that one person can take. A good way to break up your week, get out of the house and feel like you're contributing to society is to look for volunteer opportunities. Animal sanctuaries, charity shops and lots of other stores are on the lookout for an extra pair of hands - so why not help them out?

5. Remember Your Achievements

People get so wrapped up in their job search that they forget to reflect on the positive things they've already achieved. Just because you're unemployed right now, doesn't mean that unemployment defines you. Think about the hard work you put into your qualifications, your family and so on. You're doing a great job.

6. Learn a New Skill

With a little extra time on your hands, why don't you try to improve your CV with some additional skills? There are all kinds of online courses (some of which you can do for free) that will make your CV stand out from the crowd. Potential employers like to see that you've been proactive, and learning a new skill will make you feel accomplished. It's a boost for your morale as well as your CV!

7. Develop a Portfolio

Nowadays, employees like to see examples of your work, whether that's a printed portfolio or a digital space that you've created. Of course, you won't need a portfolio for every kind of job, but creating a collection of the work your proud of can help to boost your mood while you're looking for jobs.

Reflecting on past work can also help to unearth potential job avenues that you might not have considered yet. For example, you might realise that you really enjoyed the university project which saw you working in a research laboratory - this might then inspire you to broaden your job search.

8. Avoid Dwelling on Jobs

If you're applying for jobs and either, not hearing back or getting lots of rejection emails, try not to take it too personally. Companies have hundreds and hundreds of applicants for most roles, so there's always going to be people who feel like they missed out. Try not to dwell on jobs that you didn't get, just pick yourself up and focus on the other great job opportunities that are out there. 

9. Seek Help

If you can feel yourself becoming depressed and frustrated during your job hunt, then it might be time to seek help from others. First and foremost, speak to your GP if your mental health is suffering, they can help talk through your feelings and may even prescribe you something. For help with your job search, you can get in touch with a recruitment company to help speed the process up.

Recruitment companies like HRS are designed to take the pressure of the job hunt out of your hands. We have specialists who dedicate all of their time to placing people in their dream roles. All you need to do is get in touch with us, and we'll help you through the rest. 

Get in Touch Now >

10. Don't Give Up!

The most important thing to remember is that there is a light at the end of the tunnel. As long as you keep trying and working towards getting your dream job, it will eventually happen. Do your best to stay focused, stay positive and stay motivated.

If you're currently looking for jobs in the science and technology industries, we can help. Take a look at our current vacancies now!

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should I accept a counter offer

Are you having doubts about your current job role? Perhaps you're ready for a new challenge or a new work environment? Making the leap from one job role to another is never an easy decision. After all, no matter how miserable you are in your job - it's comfortable, it's what you know.

Many people spend months and months in a job that's making them unhappy because they're too afraid to take a risk and move on.

Picture the scenario. You've finally decided that enough is enough. You're ready to move on from your current job to try something else. You've been in touch with an expert recruitment company (like HRS) and found the job of your dreams.

It's a great role, the salary is better and it's a step in the right direction for your career. You pluck up the courage to hand in your resignation letter and suddenly you're called into a meeting with the boss. 

The last thing that you ever thought would happen is happening. Your boss is giving you a counter offer in the hope that you'll stick around for a while longer. Suddenly, the job that you were set on leaving is morphing into a more attractive option.

Perhaps your boss has offered you a more interesting position in the company, more money or flexible working hours. The decision to leave was firmly made in your head an hour ago, and now everything is up in the air. What should you do? 

 

Think about your reasons for leaving

As we've already discussed, going through the rigorous job hunting and interview process is no easy feat. What were the motivating factors behind your wanting to leave in the first place? We'd recommend writing your list of reasons out so you can clearly see them in front of you. Now, looking at each offer, decide which job offer is most likely to rectify your reasons for leaving. 

If your main reasons for leaving include:

  • Unpleasant work environment
  • Problems with colleagues
  • No room for career progression

Then it's unlikely that your current employer will be able to persuade you to stay. If your main concerns are financial or personal, then perhaps they can sway you with an offer of more money or more flexible working hours.

Thinking about your reasons for leaving in a diplomatic way will help you decide which option is right for you. 

 

Look at the statistics

We've had lots of experience with candidates who decide to remain in their current jobs, and we know that (more often than not) it just doesn't work out. But don't just take our word for it!

Eclipse Software wrote an article highlighting various statistics to show you exactly what happens when employers make counter offers. Here's a summary of their findings.

  • 80% of candidates who accept counter offers from their employer, leave their jobs within 6 months. 

It doesn't take long for people to realise they made the wrong decision. Their fellow employees might lose respect for them and then they feel pushed out of the company even though they made the choice to stay.

  • 90% of candidates who accept counter offers have left their job within 12 months. 

This shows that if you haven't chosen to leave within the first six months, there's a high chance that you'll end up leaving within the year. The only person who really benefits when you hang around is the employer, who has ample time to find your replacement.  

  • 50% of people who resign are counter offered by their employers. 

That's right, gone are the days when only senior members of staff were worth retaining. Employers can save lots of money if they can convince you to stay for a little while longer, so it's very likely that you'll be given a counter offer at some point in your life. 

  • It can cost >200% of annual salary to replace a senior employee.

So now you can see why counter offers are so common! Most employers would prefer to offer you a salary increase of £5,000, for example, because it will save them thousands of pounds in recruitment, job advertising and lost work. 

  • 50% of candidates that accept counter offers are looking for jobs again in only 60 days!

Even if you decide to take the counter offer, it doesn't mean your desire to leave will disappear. In fact, you'll probably end up more frustrated because you didn't take a leap of faith in the first place. The increased salary and the extra responsibilities lose their sparkle very quickly. Trust us!

  • A mere 38% of employers admitted they'd never made a counter offer before.

It's clear to see from this statistic, just how likely employers are to try and retain you! Just remember that they might be making a counter offer because it benefits them more than it benefits you. That's why it's so important to refer back to your initial reasons for leaving before you make a decision.

  • 57% of employees accept the counter offers that are made.

We honestly thought the number of people who take the initial leap of faith would be much higher. This goes back to our initial point. People like to stay in comfort zone - even though the grass ends up being greener on the other side. 

 

Keep looking for better roles

If you're torn between making do with your current job or accepting a new one, it's possible that neither job roles are right for you.

In our experience, when a candidate gets offered their dream job role, nothing could stop them from taking it - not even a longer lunch hour. Whichever offer you choose to take, remember, it's not too late to keep looking for something better.

Here at Hyper Recruitment Solutions, we specialise in placing superb candidates in life-changing science and technology roles. We understand that the job hunt can be challenging, but our recruiters will help you every step of the way. Contact us now to start your journey towards the job of your dreams.

what do pharmaceutical companies do?

The pharmaceutical industry is a vast sector that deals with the research, development and distribution of drugs and medication. If you want to work in a pharmaceutical company, gaining an insight into what pharmaceutical companies actually do can help you confirm whether or not it's the right career path for you. Today, we're going to take a look behind the closed laboratory doors to see what really goes on in pharmaceutical companies.

The main goals of a pharmaceutical company

Working to produce life-saving drugs and medical treatments for patients is the number one priority for pharmaceutical companies. In order to do this, they spend a lot of time developing new technologies, building infrastructures and carrying out tests to make sure that the medications they're providing are effective and safe. Without pharmaceutical companies, we wouldn't have treatments for common diseases and cancers.

Pharmaceutical regulatory bodies:

When it comes to sharing a new drug with sick patients, there are several regulations that pharmaceutical companies have to adhere to. These regulations help keep me, you and sick patients all over the world safe. International regulatory boards monitor things like:

  • The price that drugs are being sold at
  • The quality of the drug & manufacturing process
  • The safety of the drug and the possible side effects
  • The testing that's being done to prove that the drug is safe

A few of the pharmaceutical regulatory bodies that you may have come across before include, the World Health Organisation (WHO) and the Medicines and Healthcare Products Regulatory Agency (MHRA). 

How do pharmaceutical companies work?

The pharmaceutical industry has been growing and changing ever since the 19th Century. As you can imagine, the way in which they work has come a long way since then! In the past, new drugs and treatments would be discovered by analysing holistic/traditional remedies, or through sheer chance. Some of the most common drugs we rely on today were discovered by accident, for example:

  • The birth control pill
  • Viagra
  • Penicillin

Nowadays, pharmaceutical companies work in a much more structured and methodical way. First, research is carried out to find out what is causing a certain disease, infection or illness to develop. Then, researchers try to find ways to target the illnesses on a molecular level. Various data management and research programs are used to help speed up the process further.

When a new infection or virus appears on the scene (like COVID-19), pharmaceutical companies all over the world work towards a common goal - finding a successful vaccine to help save lives. 

Should I work in a pharmaceutical company?

Working in a pharmaceutical company is sure to be interesting and varied, after all, it's an industry that never stands still! People from all backgrounds can pursue careers in pharmaceutical companies, you just need lots of motivation and scientific competence to get you going. 

We already know that pharmaceutical companies employ around 70,000 people here in the UK, and with relatively high salary expectations, you can see why it's such a popular choice. You can learn more about why you should work in the pharmaceutical industry in our previous blog.

What do people in different pharmaceutical jobs do?

If you've got the skills and knowledge behind you to pursue a career in pharmaceuticals, then you might be wondering which job role to go for. As with any industry, there are no 'best' or 'worst' roles, you simply need to look at the pros and cons of each job and decide whether it's a good fit for you.

That being said, there are certain attributes that lend themself better to some pharmaceutical roles more than others.

Technical Jobs

Some of the more technical jobs require you to be confident in medicine handling, proficient in the use of specialist equipment and to have a high level of organisation. These roles might include:

  • Senior quality specialist
  • Research and Development technician
  • RNA extraction scientist
  • Sample preparation scientist

Managerial Jobs

If working in a lab isn't your strong point, but you still want to work in a pharmaceutical company, then you might be inclined towards a more managerial/admin role. Here are a few job titles that you can expect to see:

  • Pharmaceutical marketing executive
  • Product/project managers
  • HR personnel 
  • Supply chain operations manager

Finding a pharmaceutical job

If you think that a job in a pharmaceutical company is the right fit for you, then it's time to start looking at vacancies. Here at Hyper Recruitment Solutions, we advertise vacancies from some of the UK's industry-leading pharmaceutical companies.

Our expert recruiters can work alongside you to help place you in the perfect pharmaceutical role. Why not start your journey now by browsing our current vacancies:

Pharmaceutical Vacancies >

Get in touch if you're on the hunt for a job at a pharmaceutical company. They're ready and waiting to help make your dream career a reality. 

Here at Hyper Recruitment Solutions, we know that looking for a job can be one of life's biggest stresses. It's why we do what we do. We want to help bright, talented and qualified people find their dream jobs and we want to make the process enjoyable! More...