Adam Smith Pharmaceutical Forum. Michael Germershausen Antal Russia
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Adam Smith Pharmaceutical Forum. Michael Germershausen Antal Russia

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  • 1. Antal RussiaLabour market trends. Assessment. Michael Germershausen | Managing Director Antal Russia t: +7 495 935 86 06 e: mg@antalrussia.com
  • 2. Are companies hiring? According to the latest Antal Russia survey 72% of companies in Russia are hiring at managerial level
  • 3. Are companies hiring? hiring trends at managerial level in the pharmaceutical sector according to Antal Russia (March 2011)
  • 4. Are your employees looking for a job? 38% managers are currently looking for a job and approximately 20% will be ready for a change in the coming 6 months According to Antal Russia The survey embraced over 3 060 middle and senior managers, the majority of whom (63%) work in international companies
  • 5. Recruitment processAnalysis of company requirements. Detailed job Methodology of Profile briefReason for opening description search vacancy Internally Externally Choice of provider Briefing agency Interview process Reference check Assessment centre Job offer
  • 6. Top 5 reasons to change the job 2010 2011 38% 38% New challenge/more interesting work 36% 35% Higher salary 46% 31% Career development (first place last year) 13% 12% More responsibility 14% 10% Better work/life balance
  • 7. Bonuses 52% of managers 41% of the The number of managers received a bonus respondents noted dissatisfied with their bonus in 2011 that it had is increasing. increased compared with While last year 70% of the the previous year respondents were satisfied According to Antal Russia with their bonuses, this year The survey embraced over 3 060 middle and senior managers, the majority of whom (63%) only 58% are happy with it. work in international companies
  • 8. Foreign VS Local Managers 89% • 95% of respondents stated that 48% their company employs 17% foreign managers • 43% of surveyed managers confirmed that their company is replacing foreign Specialist Manager Director employees with local ones According to Antal Russia The survey embraced about 200 middle and senior managers, the majority of whom (81%) work in international companies
  • 9. Trends on pharmaceutical labour market • Product Managers are in high demand. Pharmaceutical companies are ready to recruit people from the FMCG sector • Market Access Managers (GR) are in demand again • Compliance professionals are being attracted by big pharmaceutical companies but this function is just developing and there is a lack of candidates • Some companies stop developing Field Force department while other continue to work as usual waiting for coming legislation changes • Drug safety is becoming separate function • Production Managers acknowledged with GMP norms are needed. There is a shortage of such professionals in Russia so companies attract foreign managers
  • 10. Salary trendsGross Monthly Basic Salary (RUR) of Product Manager with 3+ years of work experience 2009 2010 2011Middle level pharmaceutical company 80 000 - 110 000 90 000 - 120 000 120 000 - 130 000Top level pharmaceutical company 100 000 - 130 000 110 000 - 150 000 120 000 - 160 000•Compensation package often contains a car or car allowance•A number of companies cover the cost of MBA course for the best Product Managers•When changing job candidates sometimes want a 50-70% salary increase•Employers usually offer up to 30% salary increase
  • 11. Thank you for your attention! Michael Germershausen Managing Director Antal Russia e: mg@antalrussia.com t: +7 495 935 86 06 www.antalrussia.com