Tips for hiring contractors in the life sciences sector
Tips for hiring contractors in the life sciences sector
The life sciences have a long and storied history with the world of contract work, from the Brexit fallout to the IR35 conundrum. Still, a major portion of the life sciences space is project-led, and the many benefits of a contingent workforce suit those projects perfectly.
Act fast
Agility reigns supreme in a fast-moving climate. Contractors aren’t going to wait around, so reducing the time to fill is essential.
Know your day rates
Contractors are wise to what they’re worth, which means you need to be too. You can find detailed market insights into day rates in our free salary guide.
Familiarise yourself with the IR35 rule
Following legislative reforms in 2021, all medium and large-sized businesses now shoulder the responsibility of determining their employees’ IR35 status. To be “inside IR35” means to be a “disguised employee,” where the contractor’s services reflect that of a full-time employee, and employers are liable to pay more tax.
Partner with the right recruiter
Partnering with the right recruiter makes the world of difference. Not only will they have access to a much broader talent network, but they’ll likely have experience working on similar projects before.
How BioTalent can help
At BioTalent, we’ve helped place hundreds of incredible contractors over the years, leaning on our diversity-focused hiring methodology to build a dependable global talent network. Find out more about our services.
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