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Life sciences recruitment

2007 Market Trends & Insights

  • The #1 reason for changing jobs is "lack of support from direct supervisor" followed by "Work/life balance"

  • Demand for Senior Staff Accountants and Senior Analysts rose significantly in 2007 pushing salaries up over 13% and 11% respectively

  • Demand for Tax professionals also rose dramatically due to Fin48 Causing the time to fill open positions to Nearly Double

  • 14% of Survey Respondents accepted a lower base salary or took a consulting role in order to improve work/life balance and/or commuting time

  • 69% of companies surveyed extended offers at the high end or above the target salary range for their open positions

  • 24% of companies surveyed experienced a candidate accepting an offer only to withdraw their acceptance at a later date

  • The Controller title is equivalent to Director/Manager of Finance in many small companies

  • Fewer than 10% of small companies employ an assistant controller

  • Nearly 30% of candidates report receiving 2-3 calls each week from recruiters

  • 41% of clients surveyed reported filling their cfo and controller positions through networking

  • The most common response to the question “What criteria is most important to you when considering a new position?” is “The people I would be working with and the and the support of the management team”

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