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Job Confidence Index 2020

Posted on July 2020

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In this complex social and economic climate, it can be hard to understand how current and prospective employees are feeling and thinking. Thanks to our expansive network, we are able to gauge the sentiment and aspirations of the life sciences workforce in Europe, and share that vital information with you.

The EPM Scientific Job Confidence Index 2020 is a new annual report that aims to measures confidence in the life sciences labour market in Europe. The index reports on professionals’ confidence in the economy, getting or holding a job, their compensation and bonus, and whether the normal push-and-pull factors in employment have changed.

As an employer or hiring manager, this information gives you the power to attract, motivate and retain talent in a time of crisis. As a professional within life sciences, you will get a peek inside the mind of your peers across Europe.

Key findings:

  • Up and up: 1 in 5 respondents (42%) feel positive or very positive about the current job market. The same are (41%) are confident or very confident it will get better in the next 12 months.

  • Locked in: 59% are confident or very confident they will keep their jobs over the next six months. Half (50%) are confident or very confident they could find another job in next three months if they became unemployed.

  • Staying put: Half of respondents (49%) say they are very likely or likely to stay with their current employer over the next six months.

  • Feeling good: Half of respondents (52%) are satisfied with their current job. Only 1 in 4 (26%) report feeling unsatisfied or highly unsatisfied.

  • Money holds less currency: The majority of respondents would move jobs to advance career (66%) or take on a new challenge (57%) rather than pursue a higher salary (49%).

Submit your details for the European report and understand how the life sciences workforce feels about the job market:

For the United States report, please click here.

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