Combat Pharmaceutical Industry Turnover with Employee Recognition
The Life Sciences industry includes the fields of biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, cosmeceuticals, food processing, environmental, biomedical devices, and organizations and institutions that devote the majority of their efforts in the various stages of research, development, technology transfer and commercialization. The industry faces several challenges with spending and over treatment being two key areas of concern and has a 13.2% global average turnover rate as of Q1 2019, up from 12.8% in Q4 2018.
