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Clinical Professionals Industry Analytics Report: HR and IT

by Daniel Patterson at Clinical Professionals

The Clinical Professionals Group strive to provide our candidates and clients alike with the best knowledge and advice available whilst being focused and responsive to the latest industry changes and trends from acquisitions to expansions.

To achieve this, Clinical Professionals regularly collaborates with vacancy data company, VacancySoft. A company who gathers data and publish reports of vacancies for numerous industries and countries.

Our Clinical Professionals Industry Analytics Reports (CPIA Reports) are a fantastic tool for identifying certain sectors and locations of interest that are showing strong variance within the Life Science sector and examining significant increases and decreases in vacancies for that sector and/or country.

This month’s report examines vacancy data for HR and IT sectors within the Life Science industry to identify and evaluate key movements and changes.

Clinical Professionals’ CEO, Yvette Cleland has provided some of her insight on the report’s findings:

This report is has been produced based on analysis of over 8,000 IT and HR vacancies within the Life Sciences industry between March 2015 and March 2017.

We have seen significant growth in the number of new HR vacancies, up 9.3% in the 12 months ending March 2017 vs the previous 12-month period. The Life Sciences industry has clearly identified a collective focus on acquiring high calibre talent, which has generated a significant volume of Recruitment Specialist roles, accounting for 18% of all HR vacancies during the previous 24 months.

The trajectory is definitely upwards, with February 2017 14% higher than February 2016 and March 2017 an incredible 52% higher than March 2016. It all points to a positive outlook, particularly within the ‘Big Pharma’ sector, where 83% of new roles have been generated in the previous 24 months.

Whilst IT hasn’t seen the same growth percentage as the rapidly growing HR sector, the 12-month period ending March 2017 was 1.5% up on the previous 12-month period. Much like the recent upturn in new vacancies in 2017 in HR, IT showed 29% growth in Q1 of 2017 vs Q4 of 2016, and 24% more than Q1 of 2016, which again points to signs of a strong bounce back in IT throughout the remainder of 2017. Again ‘Big Pharma’ accounts for the largest proportion of positive change with 10% more vacancies in the period ending March 2017 that the previous 12-month period.

The top 10 firms once again dominate the share of new vacancies, with 22% of new roles in HR in the 12-month period ending March 2017 and 65% of new roles in IT in the previous 24-month period ending March 2017 coming from them.

Despite the EMA preparing to leave London, the outlook is positive for vacancies within the core areas of HR & IT.