While all three major geographic regions amped up hiring, EMEA led all geographies with a 28% quarter-to-quarter increase. After a sizable drop in new roles in Q4 2011, EMEA has opened the doors once again for hiring, with a sizable 28.24% increase in overall new employment opportunity. The overall hiring level in EMEA has hit a new overall high in the region since the index launch. Following close behind, the Asia Pacific Region is also in a growth mode with 21.31% more new jobs this quarter compared to year end levels. The America’s showed 5.5% overall growth with Medical Devices accounting for much of the increased activity.
Larry Hartmann, Managing Partner of ZRG Partners, said it appears hiring for global life science firms is back in overdrive, driven by Medical Devices and Europe. “After a few quarters of more restrained hiring in the Medical Devices sector, the indicators point to a newfound optimism shown by a 33% increase. Geographically, EMEA showed a meaningful jump in new jobs this quarter across all three sectors, with Asia Pacific close behind,” said Hartmann.
About the Global Life Science Hiring Index
The index utilizes a proprietary algorithm that looks at confidential hiring within selected benchmark companies in three distinct segments: 1) Life Sciences / Pharmaceutical 2) Medical Devices and Supply 3) Outsourcing and Services. The indexed participants represent 30 global organizations widely considered leaders in their respective fields. The companies in the index generate over $634 billion in revenues and employ over 1,300,000 people globally. The ZRG Partners research team conducts extensive direct market research in developing the data that drives the index.
MEDICA.de; Source: ZRG Partners