Placement Solutions For Pharmaceutical Sector
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Placement solutions for pharmaceutical sector

The Indian pharmaceutical industry is highly dynamic and offers great opportunities for both domestic and foreign companies. The Indian pharma sector revenues are expected to rise at a compounded annual growth rate (CAGR) of 17.8 per cent during 2008-16 to reach US$ 36 billion.

India’s low cost of production and research and development (R&D) boosts efficiency of pharma companies. The cost of production in the country is approximately 60 per cent lower than that of the US and almost half of that of Europe. The country will emerge as a leading global player in pharmaceutical industry by 2020, securing a place among the top five major global markets, according to Ikon Marketing Consultant (IMC).

The Indian pharmaceutical industry is a highly knowledge based industry which is growing steadily and plays a major role in the Indian economy. As a highly organised sector, the number of pharmaceutical companies are increasing their operations in India. The private sector has emerged as a vibrant force, accounts for almost 74 per cent of the country’s total healthcare expenditure.

Talent Challenges

Specialised talent is most critical for pharmaceutical industry. The industry being a research and development (R&D) driven business, there is a high need for people with both technical as well as practical knowledge and skills. Across all the levels of the industry value chain, there is an intense requirement of talented people to discover, develop, license, manufacture, market and monitor medicines.

Role played by placement consultants

With the introduction of recruitment consultants, selecting a right candidate has become convenient for companies. These consultants perform recruitment process for organisations that don’t have the time, expertise or resources necessary to manage their staffing needs. Placement consultants are always equipped with the latest industrial practice and provide valid corporate recruitment solution for better growth and prosperity of the organisation.

Benefits provided by placement consultants
 

  • Saves time: Placements consultants do the initial screening of the candidates thus saving the valuable time of the company
  • Removes company’s burden: HR consultants co-ordinate with candidates throughout the recruitment process thus company HR can focus on other important matters
  • Quality candidates: HR consultants have access to job portals thus ensuring that best quality candidates are available for the company

How to find a good consultancy for pharmaceuticals sector

One can find numerous job consultancies over the internet providing placements for pharmaceutical sector. The way to find a good recruitment consultant is to look at the recruitment firm’s profile and find out how many companies use it or have used it to get successful candidates to fill up their vacancies.

ABC's Perspective

ABC consultants is one of the leading HR Consultants offer complete recruitment solutions for pharmaceutical companies. They have experts with strong network with employees working in different companies across various levels. These employees understand not only their role, but also have a keen understanding of the company and the industry as well.

ABC focuses on the right-fit model; with a robust evaluation procedure conducted by their specialist HR consultants, and a strong reference checks procedure to source the best talent.

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