Cari Kraft’s Post

🚀 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

🚀 Exploring Trends in Sales and Sales Management! 📈 Sales Force Growth: 📊 Average Growth: 2% Despite a slowdown in sales force growth across sectors, compensation sees an upward trend. Top Sales Rep Compensation: 💰 Medical Device Sales Reps lead with an average total compensation of $331k. 🥈 Biotechnology and Healthcare Vendor Sales Reps follow closely. 🥉 Pharmaceutical Sales Reps round out with an average total compensation of $202k. Variable Compensation: 🔄 Medical Device reps have the highest at-risk compensation at approximately 65%. 💼 Biotechnology and Healthcare Vendor reps follow, with 53% and 36%, respectively. 📉 Pharmaceutical reps have the smallest variable compensation at 24%. Base Compensation: 💵 Base compensation rises by $5-$10k across sectors, reflecting talent shortages in the COVID/Post-COVID landscape. Clinical Specialist Travel: 🌐 Clinical Specialists face travel challenges, with an average travel percentage of 42%. National Accounts Compensation: 💼 Average base compensation for National Accounts reaches $187k, with total compensations averaging $264k. Director and VP Compensation: 💼 Medical Device Sales Directors have the highest total compensation. 💼 Biotechnology Sales VPs lead in total compensation, with Medical Device VPs having the highest leverage at 56%. Stock Options and Grants: 📈 Biotechnology companies leverage stock options and grants in 77% of compensation packages. Sales Rep Tenure: ⏳ The average duration before promotion remains consistent at slightly over three years. Monthly Cost of Open Roles: 💸 The monthly cost of maintaining an open Sales role hovers above $47k, with Biotechnology topping at nearly $60k. Cost of a Bad Hire: 💔 The average cost of a bad Sales hire is over $76k, with Biotechnology experiencing the highest costs. Time to Fill Positions: ⏱️ Time to fill positions remains steady, with VP searches taking over 4.5 months and Sales Reps filling the quickest at slightly over 3 months. Team Turnover: 🔄 Sales turnover increases slightly across sectors, with Healthcare Vendors facing the highest rate at over 20%. Explore more insights and strategies to "Hire Top Talent" at jacobsmgt.com. 📊 Data Source: Jacobs Management Group, Inc 2023 #SalesManagement #SalesTrends #CompensationInsights #HiringStrategies #BusinessGrowth #TalentAcquisition

🔍 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

Why Elemental Search? We're engaged with some phenomenal clients currently ranging from Early Investment to Post IPO market leaders. Our solutions are tailored to the needs of our clients, here are some reasons why our clients use us. - Clear, outlined expectations agreed and delivered upon consistently - Advisory market knowledge - Consultative approach to manufacturing the best process to find the right candidate - In depth discovery of ICP - Research focused search execution - Assistance of managing candidates through the process to close the right person - Advisory services around Diversity, Equality & Inclusion. Case Studies we've placed this year (available upon request): - Chief Operations Officer - Marketing Director - VP of Sales - Channel Sales Manager - Enterprise Account Executive - Commercial Accouint Executive - Sales Engineer - Solutions Architect - Business Development Manager - Procurement Coordinator - Finance and Office Assistant Need any more information around our services? Reach out to Ally Esmaeili or Tom Stanford for more info. #Recruitment #Jobs #Services

Rethinking Recruitment: Breaking the Domain-Specific Mindset In today’s hiring landscape, companies often prioritize candidates with domain-specific experience—pharma hiring from pharma, or real estate from real estate. While this approach may work for specialized roles like operators, it can limit innovation and growth when applied to managerial positions. I believe managers should be chosen for their ability to manage, innovate, and upgrade systems, not just for their industry background. Restricting hiring to the same domain risks replicating existing standards rather than setting new benchmarks. My own career reflects this belief. I started in power generation, moved to optical media storage, and transitioned to food manufacturing, covering biscuits, snacks, and noodles. Over 22 years, I’ve worked across diverse geographies and functions like production, maintenance, utilities, projects, and safety. Currently, I’m proud to serve as Deputy General Manager in the beverages industry. These transitions didn’t hinder my career—they enriched it, with promotions and new opportunities coming almost every alternate year. I’m grateful to my seniors and colleagues who supported me, offering chances to grow and contribute across sectors. Let’s focus on skills, adaptability, and innovation to foster growth that transcends industry boundaries.

The Power of Collaboration: Project Managers & Operations Managers in Medical Device Companies 🤝 As a recruiter specializing in permanent placements within the medical device sector, I’ve seen how essential the synergy between Project Managers (PMs) and Operations Managers (OMs) is to the success of medical device companies. Together, they form the core of efficient, compliant, and innovative operations in a highly regulated industry. Project Managers oversee critical aspects like timelines, resource allocation, and regulatory requirements, ensuring projects are executed smoothly and meet strategic objectives. Operations Managers, meanwhile, maintain oversight of manufacturing, quality assurance, and process improvements to ensure products meet high standards of quality and efficiency. Without strong collaboration between these roles, projects can miss key milestones, face quality issues, or encounter operational inefficiencies. In this partnership, PMs ensure the “what” is achieved, while OMs focus on the “how”—aligning project goals with operational realities. This teamwork drives impactful results, ultimately enhancing the safety, compliance, and performance of life-changing medical devices. If you’re interested in building a high-performing team or exploring new roles within this space, please feel free to connect or reach out at jganiyu@barringtonjames.com. Together, we can elevate healthcare through the power of collaboration! #MedicalDevices #ProjectManagement #OperationManagement #Innovation #HealthcareTransformation #Leadership #TalentAcquisition #Collaboration

Why Elemental Search? We're engaged with some phenomenal clients currently ranging from Early Investment to Post IPO market leaders. Our solutions are tailored to the needs of our clients, here are some reasons why our clients use us. - Clear, outlined expectations agreed and delivered upon consistently - Advisory market knowledge - Consultative approach to manufacturing the best process to find the right candidate - In depth discovery of ICP - Research focused search execution - Assistance of managing candidates through the process to close the right person - Advisory services around Diversity, Equality & Inclusion. Case Studies we've placed this year (available upon request): - Chief Operations Officer - Marketing Director - VP of Sales - Channel Sales Manager - Enterprise Account Executive - Commercial Accouint Executive - Sales Engineer - Solutions Architect - Business Development Manager - Procurement Coordinator - Finance and Office Assistant Need any more information around our services? Reach out to Ally Esmaeili or Tom Stanford for more info. hashtag #Recruitment #Jobs #Services

Hiring is so simple. Actions speak louder than words. For example when you hire someone and they are usually late or keep missing meetings without notice, they are out right away. If they are constantly behind on projects without prior notice or valid explanation, they are out. If they can't perform as expected for their seniority level, they are out. If they are sick more than usual without any medical reason, they are out. Simple. Actions speak louder than words.

🌟 Did you know? Key Selection currently invests in a wide range of sectors within our equity partners! 🌟 From Life Sciences to Sales & Marketing, and a multitude of industries in between, we're proud to support diverse sectors through our investments. Our portfolio spans: Life Sciences Accounts & Finance Construction Logistics Procurement & Supply Chain Creative & Design Data & IT Education Energy & Renewables Engineering Legal Food Sector Healthcare Industrial & Manufacturing Sales & Marketing And the list continues to grow! We're always on the lookout for new opportunities to expand our reach and support innovative ventures in recruitment. Curious to learn more or interested in partnering with us? For more information, visit keyselection.co.uk or email hello@keyselection.co.uk. #Recruitment #Investments #Variety #KeySelection #Opportunities

DVA is not associated with this job opportunity. Executive Assistant to CEO, USA https://lnkd.in/gG7CM2xA What You’ll Do: As my Executive Assistant, you’ll be pivotal in ensuring that my time, energy, and focus are directed toward high-impact activities. Calendar Management: Coordinate and manage complex scheduling across multiple businesses and personal priorities. Inbox Management: Organize and prioritize emails, ensuring timely responses and follow-ups. Project Management: Transform high-level ideas into actionable plans, track progress, and deliver results. Proactive Support: Anticipate my needs and streamline operations to maximize my efficiency. Research & Procurement: Conduct minor research tasks, such as vendor selection, reviews, and negotiations... #careerdevelopment #resume #college #goals #job