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How would you describe the medtech job market where you live?
Is it easier to find and retain good employees? Harder to find a job?
The MD+DI article at http://medgroup.biz/2016-hiring suggests it depends on your functional role and level of expertise.
On one hand, my friend Medtech Recruiter Paula Rutledge, who places senior executives, is having her best year since the Great Recession of 2008. She sees strength in companies making “anything with a battery, a sensor, virtual reality, any kind of tech.”
On the other, Brian Cole of MedTech Executive Search, said, “I think sales reps should be concerned… you will see a smaller number of sales people every year.”
So I ask our international group: What is medical device industry hiring like in your part of the world?
PEDIATRIC MEDICAL DEVICE COMPETITION FOR $250,000
If you’re even remotely in the pediatric space, give http://medgroup.biz/pediatric-competition a serious look.
The National Capital Consortium for Pediatric Device Innovation (NCC-PDI) competition will award up to six innovators as much as $50,000 each during the “Make Your Medical Device Pitch for Kids!” competition.
Beyond the competition, the day-long event (Saturday, October 8, Washington DC) will feature these panels:
See http://medgroup.biz/pediatric-competition for rules and the day’s agenda.
Last week we published “He Broke His Neck” at http://bit.ly/Ryleys-neck and your outpouring of suggestions and support was overwhelming.
Make it a great week.
P.S. I’m recruiting speakers for our fifth annual 10x Conference. Visit http://medicaldeviceevents.com/speakers/you/ to apply.
It also depends on the industry and the market. When the CRO industry exploded in my area in the 90s, almost everyone in it changed jobs constantly. The demand so far outstripped the supply, a better opportunity was always there. Now the industry is into consolidation (which reduces the number of jobs) and it’s settled down quite a bit.
It’s also true that this can’t happen without employers supporting it, both by happily hiring job hoppers and by failing to offer their current employees whatever it would take to keep them where they are.
And finally, I think there is a lot to be said for younger employees getting a look at “how it’s done” at more than one company, the better to understand what kind of job they might want to settle down in, eventually.
Omar M. Khateeb
So hiring is up, but a dangerous trend seems to be occurring.
With the Internet revolution and tech valley culture, I feel that my generation (millennials) find it normal to hop around jobs one year to the next. There’s “shiny object/grass is greener on the other side” syndrome all over the place.
This is my subjective view, but I feel that my peers think that if they don’t become a manager or director in a year or two at a company that it’s a failure.
It’s all about the long game and building a career on legacy.
Oliver J. Peters
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