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Radford Turnover & Hiring Sentiment by Industry at U.S.-Based Technology Companies as of Q1 2019

Following the publication of Radford’s Q1 2019 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at U.S.-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Turnover is slightly down among software companies compared to the previous quarter, while semiconductor companies saw a decrease in in the number of companies hiring aggressively.

Published: April 2019
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Radford Turnover & Hiring Sentiment by Commercial Stage at U.S.-Based Life Sciences Companies as of Q1 2019

Following the publication of Radford’s Q1 2019 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the pre-commercial and commercial stages of development. This quarter, the competition for talent has cooled slightly among pre-commercial firms, while commercial firms are adopting a more optimistic outlook, with a 10% increase in the amount of firms reporting aggressive hiring plans.

Published: April 2019
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Radford Turnover & Hiring Sentiment by Industry at U.S.-Based Technology Companies as of Q4 2018

Following the publication of Radford’s Q4 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at U.S.-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Software companies reported slightly aggressive hiring this quarter, while semiconductor companies saw an 8% hike in the number of companies hiring aggressively.

Published: February 2019
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Radford Turnover & Hiring Sentiment by Commercial Stage at U.S.-Based Life Sciences Companies as of Q4 2018

Following the publication of Radford’s Q4 2018 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the pre-commercial and commercial stages of development. This quarter, pre-commercial firms are a bit more aggressive about hiring plans, while commercial firms are far more cautious, with a 16% decrease in the amount of firms reporting aggressive hiring and a 10% increase in the amount of firms hiring selectively.

Published: February 2019
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Promotion Practices at Technology Companies in the United States

What percentage of your staff will you promote this year? Our research shows that, on average, 10% of technology company employees were promoted last year, with average base salary increases over 8%.

Published: January 2019
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Promotion Practices at Life Sciences Companies in the United States

What percentage of your staff will you promote this year? Our research shows that, on average, 11% of life sciences company employees were promoted last year, with average base salary increases over 9%.

Published: January 2019
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Turnover & Hiring Sentiment by Commercial Stage at US-Based Life Sciences Companies as of Q3 2018

Following the publication of Radford’s Q3 2018 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the pre-commercial and commercial stages of development. This quarter, pre-commercial firms are a bit more cautious about hiring, while commercial firms are experiencing a boost in aggressive hiring plans approaching the end of the year.

Published: November 2018
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Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q3 2018

Following the publication of Radford’s Q3 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Software and semiconductor companies reported lower overall turnover compared to last quarter, while medical device companies saw a 10% hike in the number of companies hiring aggressively.

Published: November 2018
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Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q2 2018

Following the publication of Radford’s Q2 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Companies reported higher voluntary turnover across all industries compared to last quarter, but hiring plans remain mixed.

Published: August 2018
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Turnover & Hiring Sentiment by Commercial Stage at US-Based Life Sciences Companies as of Q2 2018

Following the publication of Radford’s Q2 2018 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the pre-commercial and commercial stages of development. For pre-commercial firms hiring and turnover remain almost entirely unchanged from Q1. The story is similar for commercial firms as well, where hiring and turnover plans remain steady midway through 2018.

Published: August 2018
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A Recap of 2018 Say-on-Pay Voting Results at Technology & Life Sciences Companies

The 2018 proxy season proved challenging for some technology and life sciences companies, as Institutional Shareholder Services (ISS) issued more negative Say-on-Pay voting recommendations. As a result, companies saw lower average shareholder support levels. This marks a shift from patterns observed since 2015, where Say-on-Pay results have generally improved from year to year.

Published: August 2018
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Hot Skills and Pay Premiums at US and Chinese Technology Companies

In today’s super-charged talent market, technology companies around the globe are engaged in a fierce contest to attract and retain people who possess highly prized skills. In late 2017 and early 2018, we conducted surveys of technology companies in the US and China to assess the hot skills companies are most interested in acquiring, and in some cases, willing to pay hefty compensation premiums for.

Published: July 2018
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What Drives Culture at Technology Companies

Technology companies get a lot of press for the unique cultures they create. And whether those cultures are laid-back and easygoing or hard-charging and results-focused, technology firms know how critical it is to have strong cultures and missions. Survey responses from the 2018 Radford Talent Pulse Survey indicate “innovation” tops the list of words used to describe company cultures in the sector, and managerial roles are key when it comes to reinforcing cultural values and driving culturally-congruent behaviors.

Published: May 2018
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What Drives Culture at Life Sciences Companies

Most people think life sciences companies have it easy when it comes to company culture. However, innovation and improving lives are not enough of a mission to set your company apart in an increasingly competitive industry. Survey responses from the 2018 Radford Talent Pulse Survey highlight the importance of being action-oriented, growth-focused and transparent to create a compelling employee value proposition.

Published: May 2018
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Turnover & Hiring Sentiment by Industry at US-Based Life Sciences Companies as of Q1 2018

Following the publication of Radford’s Q1 2018 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the pre-commercial and commercial stages of development. For pre-commercial firms hiring and turnover remain as robust as ever. And for commercial firms, after a sluggish Q4 2017, the competition for talent is heating up again.

Published: May 2018
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Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q1 2018

Following the publication of Radford’s Q1 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Companies reported more cautious hiring outlooks last quarter, but the forecast for the technology sector is holding strong and steady with the second quarter of 2018 underway.

Published: May 2018
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The US Technology and Life Sciences IPO Market: Looking Back at 2017 and Ahead to 2018

While the US IPO market bounced back in 2017, many of the high-value, big-name private companies stayed on the sidelines. We expect this trend to continue. Here’s a look back at the 2017 IPO market plus a prediction for what’s ahead, along with some highlights on Radford’s groundbreaking pre-IPO data and venture capital offerings.

Published: April 2018
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Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q4 2017

Following the publication of Radford’s Q4 2017 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Even though a growing share of companies reported more cautious hiring outlooks in Q4, the overall state of technology sector hiring remains strong moving into 2018.

Published: January 2018
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Turnover & Hiring Sentiment by Commercial Stage at US-Based Life Sciences Companies as of Q4 2017

Following the publication of Radford’s Q4 2017 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by pre-commercial and commercial stages. Hiring and turnover plans at pre-commercial companies reflect a stable and competitive talent environment, while their commercial counterparts are seeing slower growth and less movement of talent.

Published: January 2018
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Yes, it is Possible to Give Your Top Performers More with a 3% Merit Budget

Is it possible to give your top performers a big annual salary increase when you only have a 3% merit budget? Yes, but you have to be willing to make tradeoffs, including reducing the size of salary adjustments for your meets expectations employees and cutting overall participation in the annual merit pool.

Published: December 2017
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Silicon Alley vs. Silicon Valley: Compensation Practices at Public Technology Companies

As the competition for talent between Silicon Alley and Silicon Valley continues to heat up, we decided to compare and contrast pay practices at public technology companies in the two regions. At the CEO-level, Silicon Alley and Silicon Valley appear quite similar. However, once you dig a little deeper into equity vehicle mix, incentive plan metrics and VP-level pay mix, key differences begin to emerge.

Published: November 2017
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Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. For the most part, the competition for talent remains steady from last quarter, with a slightly brighter outlook for medical device firms compared to Q2.

Published: November 2017
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Turnover & Hiring Sentiment by Commercial Stage at US-Based Life Sciences Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by pre-commercial and commercial stages. Hiring and turnover plans at both pre-commercial and commercial companies reflect a competitive talent environment.

Published: November 2017
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When it Comes to Creating a Compelling Culture, Effective Leadership Communication Matters

While it takes an entire organization to cultivate and maintain culture, nearly 9 in 10 life sciences companies say the tone at the top is critical to driving culture. Up next are middle managers, who are often most responsible for making pay decisions, distributing recognition and communicating change to employees.

Published: September 2017
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Don’t Keep Your High-Potentials in the Dark; Consider Letting Them Know How Valuable They Are

Identifying high-potentials and communicating their status can be an important retention and leadership training strategy. However, only one-in-five life sciences companies currently disclose high-potential status to their employees. The rest could be missing out on an easy way to bolster engagement, retention and participation in leadership development programs.

Published: September 2017
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When it Comes to Creating a Compelling Culture, Effective Leadership Communication Matters

While it takes an entire organization to cultivate and maintain culture, nearly 9 in 10 technology companies say the tone at the top is critical to driving culture. Up next are middle managers, who are often most responsible for making pay decisions, distributing recognition and communicating change to employees.

Published: August 2017
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Don’t Keep Your High-Potentials in the Dark; Consider Letting Them Know How Valuable They Are

Identifying high-potentials and communicating their status can be an important retention and leadership training strategy. However, only one-in-four technology companies currently disclose high-potential status to their employees. The rest could be missing out on an easy way to bolster engagement, retention and participation in leadership development programs.

Published: August 2017
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Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical devices industries. For the most part, the competition for talent remains as robust as ever; however, medical devices firms may be heading into a bit of a swoon.

Published: July 2017
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Turnover & Hiring Sentiment by Commercial Stage at US-Based Life Sciences Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by pre-commercial and commercial stages. The results are mixed: hiring and turnover at pre-commercial companies show signs of cooling, while the competition for talent at commercial companies is heating up.

Published: July 2017
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A Recap of 2017 Say-on-Pay Voting Results at Technology & Life Sciences Companies

The seventh year of Say-on-Pay contained a bit of turbulence for technology companies, but saw positive levels of shareholder support for life sciences companies. Russell 3000 companies managed to maintain high levels of shareholder support and few voting failures. Take a closer look at full 2017 proxy season results for the technology and life sciences industries.

Published: July 2017
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Q1 2017 Turnover Rates & Hiring Sentiment by Industry at US Technology Companies

In aggregate, the competition for talent at technology sector companies remains very strong. However, some industries face much tougher hiring and employee retention conditions than others. Our new infographic explores workforce trends across software, hardware, semiconductor and medical device companies.
 

Published: May 2017
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Q1 2017 Turnover Rates & Hiring Sentiment by Commercial Stage at US Life Sciences Companies

The competition for talent at US life sciences companies remains energetic. Nearly half of pre-commercial firms currently report plans to hire aggressively to continue ramping up R&D. Things are slightly more subdued at commercial companies, but voluntary turnover remains high, suggesting ample job opportunities.
 

Published: May 2017
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Technology Sector Employee Engagement & Recognition Practices

Recognition is a key driver of employee engagement, but as the pace of business continues to accelerate, more companies are starting to supplement traditional top-down, cash-based programs (which are still highly valued) with more frequent opportunities for peer-to-peer recognition. 

Published: March 2017
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Life Sciences Sector Employee Engagement & Recognition Practices

Only 38% of life sciences companies formally measure employee engagement, which puts them well-behind their innovative brethren in the technology sector. It's time for life sciences companies to take the pulse of their workforces. We also know recognition is a key driver of engagement, so companies can make a quick impact by taking a look at their recognition portfolio. Recognition awards can involve cash, but the importance of non-monetary awards should not be discounted. "Thank you" is a powerful tool.

Published: March 2017
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What Drives Corporate Culture?

It takes an entire organization to drive and cultivate a unique company culture. At technology and life sciences companies, out data shows the enormous influence that communication at the top leadership and middle management levels has on shaping culture.

Published: October 2016
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Promotion Practices & Budgets

What percentage of your staff will you promote this year? And when you do hand out those coveted promotions, what sort of raises should your employees expect to receive? Our latest infographic explores how technology and life sciences companies answered these questions.

Published: August 2016
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Proxy Season Rewind: 2016 US Say-on-Pay Results

Despite lower performance in 2015, technology companies still received support for Say-on-Pay from shareholders, with 78.7% garnering over 90% support. After a strong performance year, life sciences companies ended the 2016 Proxy season with 76.7% of companies receiving over 90% support. See how these results compare to prior years and the level of influence proxy advisors have over voting results in our infographic.

Published: August 2016
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