Pharmaceutical Technology's Annual Employment Survey - Pharmaceutical Technology

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Pharmaceutical Technology's Annual Employment Survey
Nearly 1300 pharmaceutical employees provide insights into the issues most relevant to their jobs and the state of the industry workforce today.


Pharmaceutical Technology



Table III.Percentage of respondents receiving the following employer-provided benefits.
Benefits. The most common benefits include health insurance; dental, vision, or supplemental health insurance; life insurance; and employer-provided 401k match contributions (see Table III). Approximately 70% of employees also receive reimbursement for supplemental training or conference attendance.

On average, employees are granted 10 paid public holidays and 18 paid vacation days, though most took only 15 of these days for vacation and admitted to doing some work (e.g., checking e-mail, returning calls) for at least 4 of these days (one more day than last year).

Attitudes toward current employment

Participants indicated how strongly they agreed or disagreed with the following statements:
  • I believe my work is fully valued by my employer.
  • I believe my present job is secure.
  • In my present job, I use my skills and training to the fullest extent.
  • Given the opportunity, I would leave my present job.


Table IV: Opinions toward current employment.
Most respondents feel secure in their jobs, agree that their employer values their work, and believe that they use their skills to the fullest extent in their present jobs (see Table IV). Nonetheless, 38% either agreed or strongly agreed that they would leave their present job if given the opportunity, this is a sharp contrast to the 53% who responded the same last year. Employees seem less willing to leave their job in a less secure job market. Last year, 68% felt their job was secure, while this year, this value is only 60%.


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Survey
Which of the following business challenge poses the greatest threat to your company?
Building a sustainable pipeline of products
Attracting a skilled workforce
Obtaining/maintaining adequate financing
Regulatory compliance
Building a sustainable pipeline of products
26%
Attracting a skilled workforce
29%
Obtaining/maintaining adequate financing
14%
Regulatory compliance
31%
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Source: Pharmaceutical Technology,
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