the job market report: healthcare, pharmaceutical and life sciences

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The Job Market Report Life Science, Pharmaceutical & Healthcare 22nd September 2016 Mark Rhodes, Marketing Director Brexit: What happened next? The UK job market Recruitment: a customer experience @reedcouk

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Page 1: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

The Job Market ReportLife Science, Pharmaceutical & Healthcare22nd September 2016Mark Rhodes, Marketing Director

Brexit:What happened

next?The UK

job marketRecruitment: a customer experience

@reedcouk

Page 2: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

1960

Page 3: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

1995

Page 4: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Britain’s favourite recruiter.

Today

Page 5: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

AgendaImpact of Brexit The job market What top talent really wants

BREXIT:WHAT HAPPENED NEXT?

Page 6: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

of employersnot freezing recruitment

83%

Page 7: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

In the ten weeks following the referendum…

Page 8: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

509,705Jobs posted to

reed.co.uk

Page 9: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

increasein jobs postedyear-on-year 8%

Page 10: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Health & Medicine

21%+

More jobs posted in Health & Medicine

*Performance in the 10 weeks post-referendum vs. same period in 2015

Page 11: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Pharmaceutical

49%+

More jobs posted in Pharmaceutical

*Performance in the 10 weeks post-referendum vs. same period in 2015

Page 12: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Business as usual

Page 13: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Beware the warning signs

Page 14: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

ApprenticeshipsTraining

Banking & FinanceScientific

Page 15: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

“Business confidence has deteriorated significantly since the EU referendum, but employers say they need to hire more staff to meet demand.”

REC JobsOutlook Survey – 21 Sept, 2016

Page 16: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

of employers plan to take on more permanent staff in the medium term-

REC JobsOutlook Survey – 21 Sept, 2016

25%

Page 17: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Most difficult to recruit for – due to lack of appropriate candidates-

EngineeringTechnology

HealthSocial Care

REC JobsOutlook Survey – 21 Sept, 2016

Page 18: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Healthcare,Pharmaceutical & Life Science

JOBS

Page 19: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Health & Medicine jobs advertised

Source: Innovantage, Sept 2016

Page 20: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Reed Jobs Index: Jobs posted, 2010 – present

Page 21: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Reed Jobs Index: Jobs posted, 2010 – present

Page 22: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Reed Jobs Index: Jobs posted, 2010 – present

Page 23: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Reed Jobs Index: Jobs posted, 2010 – present

Page 24: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Jobs posted:Highest volumes – 2016 to date

Reg. Nurse (Band 5)CarerGeneral Healthcare AssistantPhysiotherapistReg. Mental Health NurseOccupational TherapistPharmacistHome ManagerReg. Nurse (Band 6)Radiographer / SonographerDentistODA/ODP/Theatre Nurse

12,1249,1755,5693,9113,2813,1263,0912,4192,3582,2322,1661,999

Page 25: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

1 in 10 nursing positions unfilled in the UK

Institute for Employment Studies, July 2016

Page 26: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

25,000nurses leave the profession each year

Institute for Employment Studies, July 2016

Page 27: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Jobs posted:Fastest movers – Sep 2016 vs Sep 2015 Reg. Mental Health Nurse

DentistODAs/ODPs/Theatre NurseReg. Nurse Band 5Reg. Nurse Band 6PharmacistGeneral PracticeMental Healthcare AssistantCarerPhysiotherapistOccupational TherapistHome Manager

+56%+47%+46%+44%+43%+41%+22%+17%+17%+12%+7%+4%

Page 28: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Top searches:Jobseeker searches by keyword – 2016 to date care assistant

health care assistantsupport workernursephysiotherapisthealthcare assistantcareroccupational therapistmanagermental health

care assistanthealth care assistantsupport workernursephysiotherapisthealthcare assistantcareroccupational therapistmanagermental health

Page 29: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Attracting talentRecruitment: a customer experience

Page 30: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

A recruiment experience perceived by an applicant as ‘poor’

3 out of 5candidates are left with a negative

view of your employer brand

Page 31: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Won’t apply for future vacancies

Less likely to use an organisation's products or services again

Will share negative experience with friends and family

25%

30%

26%

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expect confirmation of application

expect confirmation within 24 hours

only91%

70%

14%always receive confirmation

15%hardly ever or neverreceive confirmation

Page 33: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

expect to be informed of an unsuccessful application81%

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NO CONTACTin 5 days in 14 days

assume they’ve been unsuccessful26% 90%

Page 35: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

week 1 week 2 week 3 week 4application

78%expect to be at

interview within a fortnight

All-sector average

Page 36: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

week 1 week 2 week 3 week 4application

81%expect to be at

interview within a fortnight

Health & Medicine

Page 37: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

The #1 candidateconcern is salary

Page 38: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

1. Salary & Benefits

3. Day-to-day responsibilities

2. Convenience to you

4. Learning & development5. Career progression6. Reputation & culture

Page 39: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

takes over your lifeLooking for your next job

Page 40: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

42%

28%51% When I getget home from work

When I wake up

Before I goto sleep

Page 41: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

39% 56%88%Mobile &devicesDesktop Laptop

Page 42: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

What impact will Brexit have on recruitment and retention?

Page 43: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

How to beat the competition to the best new talent?

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How to deliver ‘customer experience’ throughout the recruitment process?

Page 45: The Job Market Report: Healthcare, Pharmaceutical and Life Sciences

Thank you@reedcouk

0845 241 9293reed.co.uk/recruiter