Rapid innovation requires agility, and there are no industries in which rapid innovation is more central than biotechnology, pharmaceuticals, and life sciences. Organizations need agile hiring processes, but traditional hiring processes are missing this.
On-demand recruitment is a disruptive style of recruiting that treats the candidate search as an in-house task relegated to HR or a hiring manager and outsources the process (in all or in part) to external trusted recruiting experts—for the benefit of all.
How does On-Demand Recruitment Work?
On-demand recruitment is a style of recruitment built to cater to the needs of the employer, particularly when they need new talent immediately or their time is absorbed with taking care of the needs of the core business. In practice, on-demand recruitment means a lower time to hire with less time and resources expended by your organization. Step by step, here’s the breakdown on how on-demand recruiting works:
Step 1: Your on-demand recruitment partner assesses your needs. They’ll take stock of your organization’s culture, mission, goals, and vision for the future. They’ll help you define how your next wave of talent will help you get to where you want to be. Then, they’ll work with you to craft the role, its requirements, and a profile of your ideal candidate.
Step 2: Your on-demand recruitment partner searches for candidate options. Using their deep network of connections to active and passive job seekers within the sciences industries, your on-demand recruitment provider will search for the individuals with the potential to be the perfect match for the open role(s) within your organization.
Step 3: You make the final call as to who you want on your team. The beauty of working with an on-demand recruitment partner is that you can customize how much interaction you’ll have at this stage. In many cases, for example, employers opt to skip participation in the screening process and any early round interviews until they and their on-demand recruitment provider have narrowed down their choices. But when it comes to making the final call as to who will grow with your organization, employers generally prefer to make the decision themselves. In making your decision, you’ll have the full support and resources of your on-demand recruitment partner, who can provide expert insights all along the way.
Step 4: You get the talent you need in the door, fast. Unlike traditional recruitment processes, which can take weeks or even months, on-demand recruitment can deliver candidates within days. This rapid deployment is critical in industries like biotechnology, pharmaceutical, and life sciences industries, where cutting edge innovation is king and projects often operate on tight timelines. Your on-demand recruitment partner can expertly handle the last-minute details, like total compensation package negotiation, employee agreements, and onboarding.
Step 5: You receive as much or as little ongoing support from your on-demand recruitment partner as your organization needs. From onboarding to training to handling any administrative tasks related to the hire, your on-demand recruitment partner has your back. And whenever you need your next new hire—be it next month, next quarter, or years down the road—your partner is there, and they know your firm.
Frequently Asked Questions About On-Demand Recruitment:
We like to think of on-demand recruitment as the “recruiting of the future,” and it’s no surprise that people have questions about how this disruptive recruitment model works. In this section, we’ll go through some of the most common questions we receive, and provide answers:
- How can an on-demand recruitment partner match us with talent we couldn’t ourselves?
Not all on-demand recruitment partners can do this, but our edge as recruitment experts comes from our depth of experience in the sciences industry. For over twenty years, Cornerstone Search Group has been strictly dedicated to serving the sciences industries, and our network of candidates and connections reflect that dedication. Our partners have an average tenure of 18 years, and their knowledge of the talent landscape is without comparison—something you won’t find at most headhunting or recruiting firms.
- How can an on-demand recruitment partner save us money?
Again, this answer doesn’t apply to all on-demand recruitment partners, but when you work with Cornerstone, you’ll reap a host of money-saving benefits. First, you’ll reduce your time to hire, as you’ll have a dedicated team of expert recruiters sourcing your talent for you. Next, you can cut down on internal HR spending as we come in on an as-needed basis only. Further, our experts can advise on market compensation packages, ensuring you don’t overpay for talent, and both parties start the employment relationship happy.
- How can an on-demand recruitment partner reduce my risk exposure?
The best on-demand recruitment providers have access to cutting edge technology that is able to verify each candidate’s details, from employment history to educational credentials and more. Hiring is an inherently risky process, but when you work with an external partner, you’ll have access to a pool of pre-vetted candidates and the ability to thoroughly vet any fresh faces. For science industry hires in particular, the right regulatory experience is key in the candidate selection process. At Cornerstone, our recruiters understand your industry’s regulatory environment and can source candidates who get it too.
Cornerstone Search Group: Your Source for On-Demand Recruitment in the Biotech, Pharmaceutical, and Life Sciences Industries.
You’re looking for your next talent match, and Cornerstone Search Group is here to help. Our recruiters’ depth of experience within the biotechnology, pharmaceutical, and life sciences industries is unmatched.
We take a client-focused approach to recruiting that lets us get to know the organizations we serve as culturally unique institutions. Our understanding of your vision for the future of your company is paramount, and it’s what allows us to make the perfect talent match every time.
Our experts are excited to get to work finding the talent that will take your organization into the future. Start a conversation with us today to learn more.
