🔍 Navigating Quality Assurance Talent Trends! 🌐 Quality Team Growth: 📊 Average Growth: 10% Quality Assurance teams expand due to industry advancements, increased technology investments, and remote inspections. Medical Device leads with 12% growth. Compensation Insights: 💼 Quality Associate: Avg. total compensation $97k (base: $82k). 💼 Quality Director: Avg. total compensation $229k (base: $188k, 22% bonus). 💼 Quality VP: Avg. total compensation $344k (base: $263k, 30% bonus). Hiring Trends: 🔄 92% of Quality hires come from within the industry. 🎉 37% of Quality hires receive sign-on bonuses, averaging just under $4k. Tenure and Training: ⌛ Quality tenure aligns with other functions: 2 to 4 years before promotion. 🎓 Average training period for Quality hires is approximately 3.5 years. Costs and Turnover: 💰 Average cost of a bad Quality hire is $89k, with 48% reporting costs exceeding $100k. 🔄 Average time to fill a Quality position: 4.4 months. 📉 Low Quality turnover: 41% report 1% to 4% turnover rates. Explore Quality Assurance opportunities at jacobsmgt.com to "Hire Top Talent"! 📊 Data Source: Jacobs Management Group, Inc 2023 #QualityAssurance #TalentTrends #IndustryInsights #HiringStrategies #BusinessGrowth #TalentAcquisition #QualityTurnover
Jacobs Management Group, Inc.
Staffing and Recruiting
Philadelphia, Pennsylvania 22,496 followers
The Leading Staffing and Recruiting Firm in Medical Device, Biotechnology, Pharmaceutical, and Diagnostics Nationwide.
About us
Celebrating over 30 years in business, Jacobs Management Group, Inc. is one of the top boutique executive search firms with a specialty focus in the healthcare (pharmaceutical, medical device, biotechnology, diagnostics) and high-tech industries, nationally. Looking to hire your next team member or seeking your next opportunity? Our full service recruiting team can help. A Bit More About Us! Having been in the industry for what seems like forever, we have built a database of over 300,000 candidates and we continually expand it every day. We have followed their careers building long-standing relationships because we know their interests and desired future steps, and present them with targeted opportunities. Building lasting trust-based relationships is the goal of our entire organization. This pre-built network allows us to quickly connect our clients with exceptional industry talent. We leverage our wealth of Executive Recruiting experience to ensure you see only the highest caliber of talent specifically matched to your needs. Our team approach to each assignment helps us complete each engagement in a record time. We are known for introducing you to a small slate of targeted candidates. Oftentimes, our clients have trouble choosing just one candidate, and find a way to add another position because they see such highly skilled talent
- Website
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http://www.jacobsmgt.com
External link for Jacobs Management Group, Inc.
- Industry
- Staffing and Recruiting
- Company size
- 11-50 employees
- Headquarters
- Philadelphia, Pennsylvania
- Type
- Privately Held
- Founded
- 1988
- Specialties
- Executive Recruiting, Sales, Marketing, National Accounts, Regulatory Affairs, Reimbursement, Engineering, Quality, Medical Device, Pharmaceutical, Biotechnology, Technology, Clinical, Scientists, Executive Management, Product Management, and CDRO/CDMO
Locations
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Primary
1500 Chestnut St
Suite 2, #1893
Philadelphia, Pennsylvania 19102, US
Employees at Jacobs Management Group, Inc.
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Penney Busichio
Executive Search Consultant at Jacobs Management Group, Inc.
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Cordelia Kane
Recruiter - Medical Device, Pharmaceutical & Biotech in Marketing
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Ervis Farruku
Project Manager at Gandi Construcion SHPK (Construction Firm)
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Amanda Witas
Marketing & Sales Recruiter at Jacobs Management Group
Updates
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Biogen Bolsters Rare Disease Portfolio with $1.8B Acquisition of Human Immunology Biosciences... and more - Life Science Headlines May 23, 2024
Biogen Bolsters Rare Disease Portfolio with $1.8B Acquisition of Human Immunology Biosciences... and more - Life Science Headlines May 23, 2024
Cari Kraft on LinkedIn
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ONO Pharmaceutical to Acquire Deciphera Pharmaceuticals in $2.4B Deal... and more - Life Science Headlines May 9, 2024
Top 10% LinkedIn Recruiter, Medical Device Recruiter, Pharmaceutical Recruiter, Biotechnology Recruiter - [email protected]; Career Igniter, Publisher HS&M
ONO Pharmaceutical to Acquire Deciphera Pharmaceuticals in $2.4B Deal... and more - Life Science Headlines May 9, 2024 #biotechnology #medicaldevice #pharmaceutical #diagnostic #lifescience #healthcare #hiring #lifesciences
ONO Pharmaceutical to Acquire Deciphera Pharmaceuticals in $2.4B Deal... and more - Life Science Headlines May 9, 2024
Cari Kraft on LinkedIn
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🔍 Navigating Regulatory Affairs Talent Trends! 🌐 Regulatory Team Growth: 📊 Average Growth: 9% Regulatory teams are expanding due to increased industry investment post-pandemic. Pharmaceutical leads with 11.5% growth, followed by Medical Device (7.6%) and Biotechnology (7.2%). Compensation Insights: 💼 Regulatory Specialist compensation holds steady at $116k (base: $105k). 💼 Regulatory Manager total compensation reaches $160k (base: $138k). 💼 Regulatory Directors see growth to $258k (base: $206k, 35% bonus). 💼 Regulatory Vice Presidents command $399k (base: $284k). Hiring Trends: 🔄 67% of new Regulatory hires come from within the industry. 🎉 71% of new Regulatory hires receive sign-on bonuses. Tenure and Training: ⌛ Regulatory team members stay for an average of 3 years. 🎓 Average training period for Regulatory hires is nearly 5 months. Costs and Turnover: 💰 Average cost of a bad Regulatory hire is $78k, with 49% reporting costs exceeding $100k. 🔄 Average time to fill a Regulatory position decreases, indicating competitive pressure: 5.5 months. 📈 Regulatory turnover averages 9.6%, with 47% reporting turnover rates over 10%. Explore the Regulatory landscape at jacobsmgt.com to "Hire Top Talent"! 📊 Data Source: Jacobs Management Group, Inc 2023 #RegulatoryAffairs #TalentTrends #IndustryInsights #HiringStrategies #BusinessGrowth #TalentAcquisition #RegulatoryTurnover
Compensation and Hiring Report | Jacobs Management
jacobsmgt.com
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🚀 Unveiling Trends in Marketing and Market Access Talent! 🌐 Marketing Team Growth: 📊 Average Growth: 18% Marketing teams surged, reflecting a shift post-COVID. Biotechnology led with 29% growth, followed by Medical Device (17%), Healthcare Vendors (15%), and Pharmaceutical (12%). Top Roles Compensation: 💰 Product Manager total compensation rises, with Medical Device at $150k and Biotechnology leading at $161k. 💼 Marketing Managers in Biotechnology earn a base of $142k and total compensation of $169k. 🥇 Medical Device Marketing Managers earn $185k in total compensation. Director and VP Compensation: 📊 Biotechnology Marketing Directors see a significant increase in total compensation to $243k. 💼 Marketing Vice Presidents in Biotechnology lead with a total compensation exceeding $400k. Relocation Packages and Sign-On Bonuses: 🛄 64% of Marketing hires receive relocation packages, up from 56%. 🎉 53% of Marketing hires receive sign-on bonuses. Tenure and Promotion: ⌛ Marketers have an average tenure of 3 years before promotion, consistent with previous reports. Costs and Turnover: 💸 Monthly cost of an open Marketing position is $50k. 💔 Cost of a bad hire in Marketing averages just over $67k. 🔄 Marketing turnover increases across sectors, with an average turnover of 9.5%. Hiring Trends: 🌐 81% of Marketing hires come from within the industry. 🗓️ Average time to fill an open Marketing position remains consistent. Market Access Talent: 💼 Average Total Compensation for a Market Access Manager: $180k. 💼 Average Total Compensation for a Market Access Director: $224k. 💼 Average Total Compensation for a Market Access Vice President: $306k. Explore further insights and strategies to "Hire Top Talent" at jacobsmgt.com. 📊 Data Source: Jacobs Management Group, Inc 2023 #MarketingStrategy #MarketAccess #TalentManagement #CompensationInsights #HiringStrategies #BusinessGrowth #TalentAcquisition
Compensation and Hiring Report | Jacobs Management
jacobsmgt.com
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Steris Sells Dental Segment to Peak Rock affiliate in $787M Deal... and more - Life Science Headlines April 25, 2024
Steris Sells Dental Segment to Peak Rock affiliate in $787M Deal... and more - Life Science Headlines April 25, 2024
Cari Kraft on LinkedIn
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We're #hiring a new Associate Project Engineer, Private Labeling in Pompano Beach, Florida. Apply today or share this post with your network.
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We're #hiring a new Head of Marketing and Business Development in Philadelphia, Pennsylvania. Apply today or share this post with your network.
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We're #hiring a new Product Manager in Greater Boston. Apply today or share this post with your network.
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We're #hiring a new Senior Manager of Supply Chain in Texas. Apply today or share this post with your network.