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Global Workforce Trends at Technology Companies as of Q4 2017

Following the publication of Radford’s Q4 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data continues to show mixed signals as the prevalence of firms reporting aggressive hiring plans is up and down across the globe. However, despite scaling back on aggressive hiring, voluntary turnover is up in all countries relative to last quarter, and forecasts predict strong growth in 2018.

Published: January 2018
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Country-Level Compensation Data Isn’t Good Enough Anymore in the Technology Sector

In today’s dynamic global economy, country-level survey data doesn’t always cut it anymore. In larger countries with geographically dispersed technical talent, pay is just as likely to be influenced by local economic factors as it is in the US where geographic differences have long been viewed as important considerations. The bottom line: it’s imperative to consider the local view.

Published: December 2017
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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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Global Workforce Trends at Life Science Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: aggressive hiring plans are moving up dramatically in most countries.

Published: November 2017
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Global Workforce Trends at Technology Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data generated mixed signals, as the prevalence of firms reporting aggressive hiring plans is up and down across the globe.

Published: November 2017
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Questions to Ask Yourself When Trying to Better Manage Your Equity Compensation Spend

An effective equity strategy balances external competitiveness, internal constraints and company culture—but not all of these things can be weighted equally. If you’re thinking about changing your equity strategy, here are some of the primary design levers your company can pull to make smart choices aligned with your organization’s needs.

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 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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Global Workforce Trends at Technology Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: turnover rates are steady even as companies announce more aggressive hiring plans.

Published: July 2017
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Global Workforce Trends at Life Sciences Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: turnover rates are steady even as companies announce more aggressive hiring plans.

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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Q3 2018 Life Sciences Workforce Trends in Europe

Following the publication of Radford’s Q3 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across key European economies, including Denmark, Germany, Ireland, Norway, Poland, Sweden and the UK. On par with last quarter's data, Scandinavian companies aren’t pursuing aggressive hiring quarter over quarter. Ireland continues to stand out with high aggressive hiring as aggressive hiring in Poland and the UK make healthy upticks vs. last quarter.

Published: November 2018
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Q3 2018 Life Science Workforce Trends in Asia

Following the publication of Radford’s Q3 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. The data reveal growing caution across key markets, as the prevalence of firms with aggressive hiring plans has dropped drastically in many countries across the region from Q2 to Q3.

Published: November 2018
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Global Workforce Trends at Life Sciences Companies as of Q3 2018

Following the publication of Radford’s Q3 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The data shows strong increases in aggressive hiring plans in most key markets, although China and Germany saw downturns.

Published: November 2018
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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 bitmore 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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Q2 2018 Life Science Workforce Trends in Asia

Following the publication of Radford’s Q2 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. The data reveals mixed results across key markets, with companies in several countries reporting plans to aggressively grow their headcount while others plan to scale back hiring.

Published: September 2018
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Q2 2018 Life Sciences Workforce Trends in Europe

Following the publication of Radford’s Q2 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across key European economies, including Denmark, Germany, Ireland, Norway, Poland, Sweden and the UK. The data shows that Scandinavian companies aren’t pursuing aggressive hiring quarter over quarter, instead hiring at their normal rates. Ireland, however, stands out with a dramatic increase in aggressive hiring as more of the industry’s players set down roots in the country and actively recruit talent.

Published: September 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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Global Workforce Trends at Life Sciences Companies as of Q2 2018

Following the publication of Radford’s Q2 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The data shows strong increases in aggressive hiring plans in Brazil, Russia and India. The US still outpaces the rest of the globe in terms of headcount growth.

Published: August 2018
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Key Steps to Take as You Prepare for Your IPO

The time leading up to an initial public offering (“IPO”) is always filled with excitement and intense activity. And before crossing the IPO finish line, there are a number of critical compliance, compensation and governance items to address. In our latest infographic, we outline 12 key steps every HR and compensation leader must tackle as they prepare to go public.

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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Getting Ready for the Era of Pay Transparency

The era of pay transparency is here. As technology allows for more information sharing, access to crowdsourced compensation data has proliferated dramatically and employees now have easy access to pay data that was once top-secret. Now, employees accessing and discussing their compensation and the compensation of others openly is not only losing its taboo, it’s trending. Companies need to be ready to respond. Here are four key steps to addressing pay transparency at your company.

Published: July 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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Q1 2018 Global Workforce Trends for Life Sciences Companies

Following the publication of Radford’s Q1 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The data shows some strong increases in aggressive hiring plans in China and the US, while life sciences firms in Russia, Germany and the UK are scaling back headcount growth.

Published: May 2018
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Q1 2018 Life Science Workforce Trends in Asia

Following the publication of Radford’s Q1 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. The data reveals positive results across key markets, with companies in almost all markets reporting significant increases in plans to aggressively grow their headcount. This shift from last quarter reveals a more positive outlook as the regional economy picks up steam in 2018.

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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Shifting Your Talent Mindset to Create a Winning Culture

Although compensation remains a powerful tool in the total rewards arsenal, money only goes so far when it comes to creating an employee value proposition that keeps talent engaged via a compelling corporate culture. Our new infographic explores some shifts you can make to create a winning culture regardless of your compensation budget.

Published: April 2018
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Approaches for Setting Fair Pay at Your Company

Pay equity has emerged as one of today’s hottest HR and compensation issues. Delivering pay in an equitable fashion across all demographic groups seems like a mammoth task, and knowing where to start can be challenging. Our new infographic outlines four key approaches you can explore as you set out to create sustainable fair pay practices at your organization.

Published: March 2018
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Q4 2017 Life Science Workforce Trends in Asia

Following the publication of Radford’s Q4 2017 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. The data reveals mixed results across these key markets, with companies in a few countries reporting no plans to aggressively grow their headcount. This shift to may be the result of life sciences companies around the globe pursuing year-end cost saving measures.

Published: March 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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Global Workforce Trends at Life Sciences Companies as of Q4 2017

Following the publication of Radford’s Q4 2017 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The data shows some surprising declines in aggressive hiring plans in several key markets.

Published: January 2018
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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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Global Workforce Trends at Life Science Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: aggressive hiring plans are moving up dramatically in most countries.

Published: November 2017
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Questions to Ask Yourself When Trying to Better Manage Your Equity Compensation Spend

An effective equity strategy balances external competitiveness, internal constraints and company culture—but not all of these things can be weighted equally. If you’re thinking about changing your equity strategy, here are some of the primary design levers your company can pull to make smart choices aligned with your organization’s needs.

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 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
View more

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
View more

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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Global Workforce Trends at Life Sciences Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: turnover rates are steady even as companies announce more aggressive hiring plans.

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 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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Global Workforce Trends for Life Sciences Companies as of Q1 2017

The outlook for the global economy and the life sciences market, in particular, is expected to pick up the pace in 2017. Although life sciences companies in many key markets have scaled back on headcount growth, the markets in India, China and the United States look strong.

Published: May 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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