Insights

According to a new survey by Willis Towers Watson, US companies plan to give employees larger raises next year than this year. Companies surveyed projected average salary increases of 3.0% for executives, management and professional employees, and support staff in 2022. That’s up from the average 2.7% increases this year. The average increase for production […]

HIRING BONUSES MAY CONVINCE UNEMPLOYED TO GET BACK TO WORK: US CHAMBER OF COMMERCE June 30, 2021 Hiring bonuses appear to be an effective way to get more of the unemployed back to work, according to a survey by the US Chamber of Commerce released on Tuesday. It found that 39% of unemployed Americans who […]

US MANUFACTURING UPTURN CONTINUES IN FEBRUARY; EMPLOYMENT SHOWS STEEPEST GAINS SINCE SEPTEMBER 2014. IHS Markit reported a continued upturn in the US manufacturing sector in February with the rate of production growth the fastest in six years.   See full article:  https://www.markiteconomics.com/Public/Home/PressRelease/b4d5e55e7f574c398e58277005f3de2a https://regionalpersonnel.com/october-jobs/  

Cell and Gene Therapy (CGT) are highly specialized areas experiencing tremendous growth and opportunity in the biopharmaceutical industry.  The war for talent in the CGT space, however is fierce and only going to escalate as more companies jump into this arena. To put this into perspective, The Center for Biologics Evaluation and Research (CBER/FDA) has […]

Despite the amount of investment money that’s pouring into cell and gene therapy startups these days, there is a real shortage of experienced professionals when trying to fill many senior-level positions, like chief technical officer (CTO) and vice president of manufacturing. [1] After the first known patient of an experimental gene therapy trial died in […]

Jobless Claims Report – August 08, 2019 – By Reuters The jobless claims report from the Labor Department was issued today. The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong. However, experts say this does not fully account for the impact of the recent escalation […]

Researchers and social scientists study generations and their behaviors. More specifically, they attempt to uncover what trends shape each generation as well as determine unique characteristics, expectations and preferences. Here, in the United States, there are five distinct generations that have an active role in the workplace, including generational cohorts bearing labels of Boomers, Generation […]

Making up approximately 25.9% of the U.S. population, Gen Z is entering the workforce with its unique skills and expectations. They are technologically savvy, creative and can constructively multitask. This next generation also values work differently than previous generations, so pharmaceutical companies need to rethink hiring practices and work environment. Understanding what Gen Z wants […]

Generations allow us to look at Americans both by their placement in the life cycle (e.g., young adults, middle-aged adults, retirees) and as groups who were born at a similar time and share similar views on life. Demographers and social scientists have assigned characteristics and identified generational groups as Boomers, Gen X, Millennials and, most […]

Biopharma’s increasing investment in technological innovations like artificial intelligence (AI) and data science is an important trend to watch for emerging employment opportunities, especially in the drug discovery market. The exploding practice of using AI to accelerate the drug discovery process is specifically illustrated by both the increasing number of partnerships between pharmaceutical companies and […]

Are you looking to enter the life sciences job market? There isn’t a more opportune time to launch your career because the industry is booming. If you’re actively seeking an opportunity in life sciences within the United States, focus your search on these hotbed regions as highlighted by BioSpace for innovation, growth and jobs in […]

The impact at the FDA from the government shut, as well as the potential impact to the public, has been running relatively below the radar.  Everyone relies on the FDA for safe medicines, food, and animal products.   If the FDA is feeling the effects from shutdown, so could the public.  In the wake of this […]

The much anticipated October Jobs Report was recently released by the US Bureau of Labor Statistics (BLS).  On a seasonally adjusted basis, total nonfarm employment rose by 250,000 in October, according to the US Bureau of Labor Statistics (BLS) in its monthly jobs report. The gain of 250,000 exceeds the median projection of 200,000 jobs […]

The national unemployment rate declined to 3.7% from 3.9% in the prior month. However, the U-6, or “underemployment” rate which includes part-time workers who would prefer a full-time position and people who want a job but aren’t actively looking, actually ticked up from 7.4% to 7.5% in September. See full report at https://lnkd.in/dWWkkeg   James […]

With the changing times in our economy and especially the labor force, employers must stay keen to the trends of employee preference and needs.  As a new generation emerges into the labor force, of course, there is a new trend surfacing with regards to the conventional work schedule.  According to recent studies, Millennials desire to […]

The competition for the best talent is fierce.  When salary and benefits are equal, candidates look to the culture, reputation and values of the company. Companies with a strong culture based on a clear set of values, and have taken a leadership role in such areas as environmental responsibility, for example, will develop the best […]

Worker training is a critical limitation to our long-term economic growth.  US needs to make targeted investments in our workforce in various industries through worker training and education to reduce the increasing gap between number of unqualified workers and the increasing number of job openings. In 2015, federal, state and local governments in the U.S. […]

As the talent war heats up and companies are struggling to attract and retain millennials, they must keep in mind what matters most to them.   Finding an organization that will help them learn, grow and further their careers.  More importantly, companies must not simply “advertise” that they provide these, they must embed them into their […]

There are more jobs than people out of work.  According to the Bureau of Labor Statistics, in April there were 6.7 million job openings and just 6.4 million available workers to fill them.  As the demand grows, however, workers are more confident about moving between employers and talent wars will naturally escalate.   April marked the […]

Here is an insightful blog on Time Management by one of the most efficient business minds I know—Jim Gano.  Enjoy! – Dr. James Lynch Guest Insighter Jim Gano  March 14, 2018   Answering the question “How do you get it all done?” I can’t even venture a guess at how many times I get asked […]

Preparing for a job interview is a key factor of success in any job search.  To prepare for a job interview, however, candidates must understand how to respond to behavioral interviewing.  One of the most common mistakes people make in interviews is failing to answer these clearly, concisely and with confidence. Behavioral interviewing is a […]

Four in 10 workers (41%) say they would accept more paid vacation time in lieu of a pay raise if given the choice, according to surveys of 733 human resource managers and 2,062 employees.  While 70% of workers consider paid vacation time a right of employment, rather than a benefit, a significantly lower number of […]

By 2025, PhRMA reports US Pharmaceutical jobs could be 60% vacant from a lack of effective education policies coupled with growing competition from other countries.  A robust STEM (science, technology, engineering and math) workforce is absolutely crucial to the future of the biopharmaceutical sector. How has the US reached this point? The Pharmaceutical industry is […]

Everyone finds themselves in a rut in their career sooner or later.  Is it time for a new job?  Maybe a new career?  Here are some insights and questions one should ask oneself…  See today’s Fortune article: http://fortune.com/2017/06/21/dev-bootcamp-knowing-when-to-quit/   James F. Lynch PhD, MBA – Regional Personnel Services ©2017  

Leadership Hunterdon Consulting Team (LHCT) recently released its findings regarding tech sector growth opportunities in Hunterdon County: “A Case and Framework for Tech Sector Growth in Hunterdon County” – see full report link below. I had the privilege of speaking at the Graduation Dinner on behalf of, and as a graduate of, the Leadership Hunterdon Class […]

PRESS RELEASE:  NEW EMPLOYEE For Immediate Release Contact: James Lynch, PhD (908) 534-8113 [email protected]   REGIONAL PERSONNEL SERVICES WELCOMES NEW RECRUITING SPECIALIST   Lebanon, N.J., June 28, 2017 — Regional Personnel Services, a privately-held, ASA-certified staffing and recruiting firm, today announced the addition of Betsy Rickenbrode as their new Recruiting Specialist. Betsy joins Regional Personnel […]

There are many negative implications of a poor hire, but one not readily recognized is its impact on a company’s reputation, inside and out. The wrong hire can be viewed externally, as well as, internally as a red flag about a company. Your Company’s Reputation As the economy rebounds and competition for top performers intensifies, […]

Exactly eight years after the Great Recession ended, the U.S. job market has settled into a sweet spot of steadily solid growth,” according to AP (6/1, Boak).  AP added, “the 4.4 percent unemployment rate matches a decade low,” and, “many people who had stopped looking for jobs are coming off the sidelines to find them.” The article […]

Three out of four U.S. adults (75%) have never heard of the term “gig economy,” according to the results of a new American Staffing Association Workforce Monitor® survey conducted by Harris Poll. Roughly three in 10 Americans (29%) don’t know how to define the term, and 31% cannot identify specific types of gig work. Without […]

Have you ever made the wrong hire? There are 3 significant, but sometimes intangible, issues to consider when hiring – time, money and morale. I will address time & money here, and morale in next article. According to a recent Society for Human Resource Management’s (SHRM’s) Human Capital Benchmarking Report, it can cost up to […]

Have you ever made the wrong hire? Do you realize the real costs to your organization? To name a few, there are the sunk costs of the hire, plus the cost to re-start the process, potential litigation in dismissing the employee, diversion of time & resources and the organizational fatigue to start the hiring process […]

  Every day I get to speak with many business owners and decision-makers across many industries. I consistently hear the same staffing problems, “I need smart, motivated and resourceful people.” The question is, how does one uncover these traits from the hundreds of resumes received each week? While the resumes list all the candidate’s wonderful accomplishments, […]

Eighty-eight percent of employees are satisfied with their jobs, according to a 2015 survey of 600 part-time and full-time employees by the Society for Human Resource Management. That figure is higher than at any time since 2005. Ninety percent of Baby Boomers say they are satisfied with their job, followed by Generation X (88%), and […]

Current Staffing Options in New Jersey. Tune into https://lnkd.in/bAVSi4s, this Thursday (3/31) at noon to listen to Jim Lynch (President, Regional Personnel) discuss staffing in New Jersey. www.hunterdonchamberradio.com during Jim Gano’s (@jimgano83) segment “Takin’ Care of Business.”   James F. Lynch PhD, MBA – Regional Personnel Services ©2016

The first hours, days and weeks of any new job is filled with anticipation and stress – for employee and employer.  Increasing the probably of success depends on being resourceful and taking the initiative on Day One! Who is invested in my success…? My advice to any new hire is to identify who is my […]

There is a popular belief that as the year rolls to a close, so do the job opportunities.  This is not always the case, and this is why.  Most hiring managers have completed 2 major, annual tasks.  They have finished their budgets for next year (a process that runs from August-December), and have submitted staff […]

The Labor Department on Friday issued robust jobs data for October, including a decline in the unemployment rate to 5%, the Wall Street Journal (11/7) reported.  The New York Times (11/7) said the addition of 271,000 jobs exceeded expectations.  The Washington Post (11/7) said the “stellar performance” has “provided welcome reassurance that the American economy can withstand powerful global […]

Amazon was portrayed in a recent The New York Times article as a brutal employer that puts innovation and company performance above its people’s well-being. The authors, Jodi Kantor and David Streitfeld, painted a picture of long and late workdays, “unreasonably high” standards, and in some cases, career sabotage.  Two weeks later, Starbucks’s CEO, Howard Schultz, sent a memo to […]

A key, but often over-looked, element to a successful new hire. As every business owner will tell you, the culture within their business is different. Whether it is a corporation, a family-owned & operated business, an industrial or retail business, every one has a unique & distinctive feel. One key to a successful placement lies […]