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R E LO C AT ION M OTIVATION S


INTRO D U CT I O N Welcome to EPM Scientific's Relocation Motivations Report for 2013. EPM Scientific, part of the Phaidon International Group, regularly produce specialist market reports and Industry Insights to provide our clients and candidates with niche market intelligence, whilst further re-enforcing our specialism within our chosen vertical markets. We hope you find this report useful and informative. If you have any feedback or comments about this report or require any information on recruitment and careers in the Pharmaceuticals industry please do not hesitate to contact us.

Adam Buck CEO, Phaidon International

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xecutive summary Summary E Xecutive This report provides an outline of global Relocation Motivations trends for 2013. Compiled from a survey of life science professionals, it provides a detailed overview of the likelihood of relocation and the main motives for a professional in this industry to relocate. The sectors covered are below:

S ectors •

Clinical Operations

•

Medical Affairs

K E Y FAC TS - Within the Clinical Operations sector 25.0% of permanent professionals are actively looking to relocate and 35.7% say that relocation is a likely option. The main motive (44.0%) for relocation is career progression. - When Clinical Operations professionals were asked if they would expect or require a salary change if they relocated, 36.0% say they would expect a 21%+ increase compared to the 12.0% who are willing to relocate with no change to their salary and 4.0% willing to take a reduction. - The majority of Clinical Operations professionals (32.0%) would ideally relocate for 0-2 years (36.0%) and 32.0% would relocate for as long as possible. - Within the Medical Affairs sector 20.0% of permanent professionals are actively looking to relocate and 50.0% say they are likely to relocate. The main driver (87.5%) for relocation is career progression. - When Medical Affairs professionals were asked if they would expect or require a salary change if they relocated, 50.0% say they would expect a 21%+ increase. - The majority of Medical Affairs professionals say they would ideally relocate for 3-5 years and 37.5% say they would relocate for as long as possible

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CONTE C O NT E N NT TS – INTRODUCTION

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– Executive summary

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– regional overview

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– GENDER COMPARISON

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- SECTOR OVERVIEW: CLINICAL OPERATIONS - Permanent 8 - Contract 9

– SECTOR OVERVIEW: MEDICAL AFFAIRS - Permanent 10 - Contract 11

– ABOUT EPM SCIENTIFIC - About EPM Scientific

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- Contact Us 13

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regional overview

Which region would you mos

NORTH AMERICA Permanent: 21.3% Contracts: 18.2%

E Perm Cont

A Perm Con LATIN AMERICA Permanent: 0.0% Contracts: 0.0%

ANYW Permane Contract 4


st likely consider relocating to?

EUROPE manent: 57.4% tracts: 68.2% MIDDLE EAST Permanent: 0.0% Contracts: 0.0%

AFRICA manent: 0.0% ntracts: 0.0%

ASIA PACIFIC Permanent: 17.0% Contracts: 0.0%

WHERE ent: 4.3% ts: 13.2% 5


G ender Overview

Likelihood of relocation:

20.5%

Actively looking to relocate

25.0%

Likely

43.2%

Likely

50.0%

Unlikely

29.5%

Unlikely

22.2%

Actively looking to relocate

6.8%

Never

2.8%

Never

Salary change expected/ required for relocation: FEMALES

MALES

33.3%

43.8% 27.8% 27.8%

21.9% 12.5%

8.3% 6.2%

2.8% No Willing to take a change reduction

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15.6%

0-10% 11-20% 20%+ increase increase increase

Willing to take a reduction

No change

0-10% 11-20% 20%+ increase increase increase


Ideal period of time to relocate for:

38.9%

27.8%

0-2 years

0-2 years

6-10 years

3-5 years

25.0%

40.6% 3-5 years

27.7%

5.6%

3.1% 6-10 years

As long as possible

31.3% As long as possible

Most likely motive for relocation:

1. Career Progression 23.5%

1. Career Progression 16.7%

2. Work/ Life Balance 13.5%

2. To Gain Specific Experience/ Skills 35.7%

3. To Gain Specific Experience/ Skills 11.1%

3. Work/ Life Balance 11.9% 7


sector overview: clinical operations permanent professionals Within the Clinical Operations sector 25.0% of permanent professionals are actively looking to relocate and 35.8% say that relocation is a likely option. The main motive (44.0%) for relocation is career progression. When Clinical Operations professionals were asked if they would expect or require a salary change if they relocated, 36.0% say they would expect a 21%+ increase compared to the 12.0% who are willing to relocate with no change to their salary and 4.0% willing to take a reduction. The majority (32.0%) would ideally relocate for as long as possible and 32.4% would relocate for 3-5 years. The most likely region that Clinical Operations professionals would most likely relocate to for a permanent role is Europe (72.0%). One of the least popular regions for relocation is Asia Pacific (8.0%).There were no respondents who would relocate to Africa or Latin America. The majority of Clinical Operations professionals say that the most likely motive for them to relocate for a permanent role would be career progression. However when professionals were asked why they would relocate to specific countries, it appears that “career progression� has different meanings from person to person. For example, one Clinical Operations Professional based in Europe states they would only relocate within Europe and specifically Switzerland as the country they would most likely consider moving to for a permanent role,

Most popular region to relocate to:

Europe 72.0%

Likelihood of relocation: Actively looking to relocate

25.0%

Likely

35.8%

Unlikely

32.1%

Never

Salary change expected/ required for relocation:

7.1%

Most likely motive for relocation:

36.0% 24.0% 24.0%

Career Progression 44.0%

12.0% 4.0% Willing to take a reduction

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No change

0-10% increase

11-20% increase

20%+ increase


due to “standard of living”. Another Clinical Operations professional stated that they would only relocate within Europe, choosing Germany as the specific country they would be likely to relocate to, since “the German market is better than [thier] current one”.

KEY FACTS - 72.0%

contract professionals of

Clinical

professionals

would

Operations most

likely

relocate to Europe

- Within

the

Clinical

Operations

sector, 25.0% of professionals with permanent roles are actively looking

to relocate

- 44.0% of professionals would most likely relocate for a permanent role for career progression, compared to

only 4.0% who say salary/ bonus

- 44.4%

of

Clinical

Operations

would relocate on a contractual basis

and 41.7% said the most likely motive

for relocation on a contractual would

be

to

gain

specific experience/ skills and 33.3% would relocate on this basis for an

improved work/ life balance

- 36.0%

of

professionals

would

relocate for 0-2 years, followed by

32.0% who would ideally relocate for

as long as possible

would most likely relocate to Europe

- Within the Clinical Operations sector

26.7% are actively looking to relocate

- Clinical Operations professionals say the

most likely motives for relocation is to

gain specific experience/ skills

- 36.4% of people within the Clinical Operations industry would relocate for

professionals in permanent roles

basis

- 81.8% of Clinical Operations contractors

0-6 months

- 53.8% of Clinical Operations contractors

would relocate for a permanent role, the main motive is for career progression

(71.4%) - Within the Clinical Operations sector,

9.1% would be willing to relocate with no

change to their pay rate. However the

majority (45.5%) would expect or require

an 11-20% increase in pay rate to consider

relocating

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sector overview: medical affairs permanent professionals Within the Medical Affairs sector 20.0% of permanent professionals are actively looking to relocate and 50.0% are likely to relocate.The main driver (87.5%) for relocation is career progression. When Medical Affairs professionals were asked if they would expect or require a salary change if they relocated, 50.0% would expect a 21%+ increase. The majority say they would ideally relocate for 3-5 years and 37.5% would relocate for as long as possible.

KEY FACTS 37.5% of Medical Affairs professionals would most likely relocate to the Asia Pacific region, followed closely by Europe being the second most popular region to relocate to. Surprisingly the option to relocate anywhere was least popular amongst the Medical Affairs professionals. The majority of respondents are currently based in Europe, however half of the professionals say they would like to relocate for 3-5 years and 37.5% say they would ideally like to relocate for as long as possible. The majority expect or require 21%+ in order for them to relocate for a permanent role, yet 25.0% say that they would relocate with a 0-10% salary increase. Interestingly 62.5% of Medical Affairs professionals would consider relocating on a contractual basis in order to gain specific experience and skills, others also say a motive would be due to tax benefits.

Most popular region to relocate to:

Asia Pacific 37.5%

Likelihood of relocation: Actively looking to relocate

20.0%

Likely

50.0%

Unlikely

30.0%

Never

Salary change expected/ required for relocation:

0.0%

Most likely motive for relocation:

50.0%

Career Progression 87.5%

25.0% 25.0%

10

0.0%

0.0%

Willing to take a reduction

No change

0-10% increase

11-20% increase

20%+ increase


One respondent in a permanent role commented when asked why they would relocate for a contract role "It would be useful experience until I get a permanent job" A quarter of the respondents say if they could choose one country that they would most likely consider moving to, it would be China. Other popular countries were Japan, the United Kingdom and the Netherlands. Some of the professionals explained why they would have chosen their specific country. “It is an emerging market and culture” (Netherlands), and “I would go there for economic opportunity” (Israel).

KEY FACTS

contract professionals

- Within the Medical Affairs sector,

- The vast majority of Medical Affairs

20.0%

contractors would most likely relocate to

of

professionals

with

permanent roles say they are actively

Europe

looking to relocate and 50.0% say that it would be a likely option for

- Within the Medical Affairs sector 50.0%

them to relocate

are actively looking to relocate

- 87.5% of professionals would most

- Medical Affairs professionals say the two

likely relocate for a permanent role f

most likley motives for relocation are to

or career progression

gain specific experience/ skills and for a

better work/ life balance

- 62.5% of Medical Affairs professionals in permanent roles would relocate

- 50.0% of people within the Medical Affairs

on a contractual basis and 60.0% say

industry say they would ideally relocate for

the most likely motive for relocation

up to 1-2 years

would be to gain specific experience/

skills

- Within the Medical Affairs sector 25.0% say they would expect or require a 21%+

- 37.5% of professionals say they

increase in pay rate to consider relocating

would relocate for as long as possible

for a contract role

followed closely by 50.0% who say they would ideally relocate for 3-5

- The vast majority of Medical Affairs

years

respondents

would

relocate

for

a

permanent role, the main motive is for

career progression (66.7%)

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ABOUT E PM SCI E N T I F IC Operating as part of the Phaidon International group, EPM Scientific has been established with core values of integrity that include working collaboratively with our key clients. EPM recognises the ideal link of Enterprise Project Management, with providing recruitment services into the large complex projects that happen all the time in Life Sciences. We work with an extensive range of clients including Pharma, Medical Device, CRO, and Biotechnology, current focus areas include Pharmacology, Clinical Operations and Medical Affairs. We place a heavy emphasis on quality; ensuring that our internal staff are specialists in their given area of expertise, meaning that our service offering is second to none. We specialise in the following areas: • Pharmacology • Clinical Operations • Medical Affairs

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C O N TAC T U S enquiries@epmscientific.com www.epmscientific.com LONDON

SINGAPORE

NEW YORK

ZURICH

33 King William Street

Samsung Hub

245 Park Avenue

Stockerhof

8th Floor

3 Church Street, #09-02

39th Floor

Dreikoenigstrasse 31 A

London, EC4R 9AS

Singapore, 048493

New York, NY 10167

Switzerland, 8002 Zurich

T +44 207 131 3880

T +65 6589 4458

T +1 212 209 7310

T +41 44 2083 680

* In Switzerland, EPM Scientific operates as a trading style of Phaidon Capital (Schweiz) GmbH.

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enquiries@epmscientific.com www.epmscientific.com

LONDON

SINGAPORE

NEW YORK

ZURICH

33 King William Street

Samsung Hub

245 Park Avenue

Stockerhof

8th Floor

3 Church Street, #09-02

39th Floor

Dreikoenigstrasse 31 A

London, EC4R 9AS

Singapore 048493

New York, NY 10167

Switzerland, 8002 Zurich

T +44 207 131 3880

T +65 6589 4458

T +1 212 209 7310

T +41 44 2083 680

* In Switzerland, EPM Scientific operates as a trading style of Phaidon Capital (Schweiz) GmbH.


Relocation Motivations