Beacon Hill’s Ryan Pirnat Featured in Wall Street Journal Article on the Hiring Boom in the Biotech Sector

Recently, Beacon Hill Life Sciences Managing Director and EVP, Executive Committee Member Ryan Pirnat, was featured in an interview with the Wall Street Journal, which focused on the hiring market in the biotechnology sector. With two decades of experience in the staffing and pharmaceutical industries, Pirnat shared his thoughts on the endless possibilities within biotech.

Author Brian Gormley noted that “From 2015 to the second quarter of 2021, job growth for U.S. biotech scientists rose 50% to 240,857, outpacing the rate of growth for scientists in telecommunications, e-commerce and the computer industry, according to Emsi Burning Glass.” This growing demand for biotech scientists has had an enormous impact on the life sciences sector of the staffing industry, leading to copious opportunities for recruiters and salespeople to make effective matches between clients and candidates. Put simply, for job seekers in the biotechnology sector, now is the time to look for work.

“There’s not a good candidate we present an offer to who doesn’t have multiple offers,” noted Pirnat. The article went on to state that “Biotech CEOs say they try to attract workers chiefly on the strength of their firms’ science and corporate culture.”

So far in 2021, Beacon Hill’s Life Sciences division has placed an average of 620 contractors each week, up 43% from the weekly average of 432 contractors placed in 2020. Additionally, revenue accrued by Beacon Hill’s Life Sciences division in the last year has increased by 37%, swelling from a weekly average revenue of $964k in 2020 to a hefty weekly average revenue of $1.3 million in 2021.

To learn more about Beacon Hill’s Life Sciences division, click here.

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Beacon Hill is a leading nationwide provider of staffing and consulting solutions delivered by our collective of 1,400+ of the industry’s foremost specialty practitioners. Job seekers and companies seeking to augment their staff receive white-glove service from our industry-focused divisions: Beacon Hill Associates, Beacon Hill Digital & Creative, Beacon Hill Financial, Beacon Hill Government Services, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences, Beacon Hill National Security,  Beacon Hill Technologies and OneBeacon.

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Beacon Hill’s niche brands provide direct hire, executive search, contract staffing, contract consulting, contract-to-hire, and MSP/VMS and RPO solutions to emerging growth companies and the Fortune 500 across multiple market sectors and all industries. In 2023, Beacon Hill outpaced the market’s growth with revenues over $1 billion.