Want to be One in a Billion?
Posted by Jeff Appelbaum on 7-18-2011 in Featured News, Our Perspective | 0 commentsThe market for top talent within the Biopharma sector in China is exploding. As the big pharmaceutical firms continue to rapidly expand their R&D, and clinical operations on mainland China, the hunger for quality people has created an atmosphere reminiscent of Silicon Valley in the 90′s. Jobs are plentiful, quality people are scarce and the norm is to quickly jump ship to the next opportunity for more money and a loftier title (many times within a year or two of accepting a current position).
There is such a poaching frenzy going on that companies are finding it increasingly difficult to retain great people. What does this mean for someone looking at opportunities in China? It all depends on what you want out of the experience. For candidates who want fast money in the short term, without really accomplishing anything – there is plenty for them for now. For candidates who value career growth, longevity, ethics, and a high quality of life there are no limits. It really is as simply as finding the right position and committing to the company, the process, and oneself. To stand out in a very crowded, flowing sea of people just stand still – stay put. The allure of the ever-present, slight monetary gain afforded by job hopping is sexy and it is also a way to damage your reputation if a long career in Biopharma (China or Stateside) is indeed wanted. A major red-flag on any CV is frequent job change.
The big pharma companies are willing to invest in people who want to be part of a larger process. Plus, salary isn’t the only way to compensate someone for loyalty and outstanding work. Whether it is a bonus, or paid time off, or even a paid sabbatical – commit to the company and the company will commit to you. If you feel like your job is getting stale look for ways to “spice” it up: volunteer on a project outside of your comfort zone, or mentor a junior colleague. Employers want to reward those that are part of the team and are contributing to the greater good.
None of this means that you shouldn’t entertain interesting job offerings. Just be clear on the reasons to be interested. Is it solely for the money? Prestige? Title? Or is the position a significant step up for your career? The cliché of “the grass is not always greener…” is quite true. Biopharma job opportunities abound in China. Be aggressive and be picky – consider all of the options before deciding on the “best offer.” Furthermore, consider how your reputation will be influenced by the decision and what your career goals are ultimately.
What will your industry legacy be?

