Life Science Profesionals

Following the pandemic, many life science professionals re-evaluated their lives, particularly when it came to their employment. Starting in 2021 and throughout 2022, professionals in a wide array of sectors began voluntarily leaving their positions. The sheer volume of people shifting around led to a period that was dubbed “the Great Resignation,” a period that also came with other changes, including rising pay rates. However, the landscape for life science professionals is changing once more. Now, the workforce is shifting to a paradigm that’s being referred to as “the Big Stay.” Quit rates are dropping significantly, and workforce participation is on the rise. Further, the number of available positions is on the decline, and pay increases for changing jobs are shrinking. As a life science professional, knowing how to navigate the Big Stay is critical for keeping your career on track. If you want to prepare, here’s what you need to know. What ......