According to Harvard Business Review, 40% of recruiting is outsourced to outside agencies.
Yet those same recruiters, on average, fill only 11% of their positions.
If you're scratching your head wondering how this is cost-effective for your team, let's be clear: It's not.
It's Costly
It's Inefficient
Going through the recruitment process with an outsourced agency can take time you don't have. Because of their limited understanding of your industry, these agencies tend to find candidates who, most likely, will not have the exact skills or experience needed to be successful in a medical affairs role. However, because they took so long to find you decent candidates, you may just accept the list and hire as best as you can.
A seasoned medical affairs director with an MD, PharmD, or PhD and at least 5-7 years of industry experience.
Base salary range for the role is anywhere between 250K - 350k
You outsource the recruiting to a professional recruiter agency and they take 15-20% fees off of the salary.
By the end of it all, you're paying these outsourced agencies around $40,000 for just one position. On top of onboarding your new hire, with no industry insight as to how to retain them down the road (which is 18 months on average, according to ACMA Insights). At the end of the day you've got to ask yourself, is there a better way to find and grow the right team of qualified candidates without jumping through these recruitment agency hoops?
There is a better way - ACMA RECRUIT™.
Source qualified medical science liaisons and medical affairs professionals from a data pool YOU control.
Discover ACMA RECRUIT™
ACMA Recruit is a proprietary database of over 250K medical affairs and MSL professionals built to help you find the most talented candidates in the pharmaceutical, healthcare, and life sciences industries.
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