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Life Sciences
Balance Short-Term Costs with Long-Term Research and Development
An aging population, generic drugs, and constant pressure from payers are squeezing cost structures. Pharmaceutical companies and medical device manufacturers are adopting lean on-demand practices and supply chain operations. With cost cutting initiatives to improve margins, many short term discussions start with the biggest line item-the workforce.
The Challenge | The Solution | The Results
The Challenge
But with many drugs coming off patent and a shorter development pipeline, long term success means quickly bringing innovative and profitable products to market. The key is to streamline your human capital practices to reduce cost and risk while fueling innovation.
The global talent pool for scientists, chemists, and biologists is shrinking while locations are shifting. Hiring and retaining the right people globally in research and development (R&D), sales and service, manufacturing, logistics, and marketing-while making sure they are assigned to the right projects-is critical to success. Learn why Taleo for Life Sciences is the solution of choice for the global enterprise.
The Solution
Identify, Manage and Retain Key Talent
Taleo has provided the world's largest life sciences companies with the talent management tools they need to optimize their human capital investments. Our integrated approach supports key retention programs and the full spectrum of talent acquisition-including salaried professionals, hourly workers, and contingent labor on a single platform. Our clients reduce their overall cost structure—while finding and retaining the key talent required to drive innovative development.
The Results
Taleo has made life sciences companies better able to reduce cost structures and more effectively deploy human capital at many of the world's largest life sciences companies. Organizations such as Johnson & Johnson, Merck, and Cargill have chosen Taleo for flexibility, broad functionality, global capabilities, and ability to manage diverse enterprise talent.
Taleo for Life Sciences delivers results, including:
- Increased workforce productivity through higher quality hires.
- Millions of dollars in cost reductions.
- Reductions in time to hire by 50-70%.
- Increased employee satisfaction and retention.
- Improvement in Six Sigma staffing practices.
- Increased client satisfaction.
- Increased hiring manager satisfaction.
- Reduced exposure to legal & regulatory risk.
Taleo in the News
"We are a high-tech company and it is entirely appropriate that we take a high-tech approach to resourcing candidates. As a company, we aspire to create an environment that enables our people to excel, innovate and contribute to the advancement of our global biotechnology organization. With Taleo, we have employed a self-service model that has improved services for recruiters, hiring managers and candidates worldwide and, today, we are finding quality candidates faster."
—Nadeline Poulton, Global Staffing Director, Serono
