ALBRIGHT'S LIFE SCIENCE REPORT
Insights from HR Executives in the Danish Life Sciences sector on the future of work
THE PURPOSE OF THE STUDY
This HR Executive in Life Sciences Study has gathered insights from HR executives in the Life Sciences sector on a variety of critical topics—from workforce policy priorities and revenue growth projections to strategic business agility and factors influencing long-term profitability (access the study below).
HIGH LIGHTS FROM THE STUDY
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Hiring and retaining talent is viewed as a Top-3 HR challenge in the Life Sciences space
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Life Sciences companies are implementing personalized HR strategies to meet unique employee needs, and
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AI is making it easier to create more personalized strategies
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More employee on-site presence is expected by companies in the Life Sciences space
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Employee backlash and increased turnover is expected as companies are moving to more on-site presence
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Favoring in-person vs. remote workers is revealing a proximity bias in Life Sciences companies
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Companies are increasing their focus on mental health benefits as part of their employer branding efforts
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Companies are currently changing their HR processes to address labor shortages
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The labor market is not expected to shift in favor of employers over employees any time soon
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There is an concern that the continuous increase in regulations will impact profitability negatively as companies are increasing their costs within compliance - an area that has already seen an explosive development in costs