Finding Your Best Employees

How to select the right search firm

Toby Freedman
Jun 1, 2006

At some point in the life of a biotechnology company, it pays to hire a search firm to help recruit key personnel. Search firms can save time and money, and they significantly expand your network in identifying and recruiting the most qualified and available candidates. At what point do you bring in a firm?

It's important to first have a strategic plan for your company's long term direction and the organizational structure that will be needed before embarking on a search. Other?wise, you may spend money needlessly on a search firm only to hire somebody who may not fit into the company's long-term goals. After having tried to fill a position using your own company's network and deciding to expand your search, consider the following to find the best firm for you:

1) Select international companies with a life sciences arm or boutiques that work exclusively in the life sciences....

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