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Just Other Articles - The Truth About Direct Hire Positions
Why do you think you need a direct hire in order to make a living? It seems that 99% of ‘direct hire’ job seekers are looking for security above everything else. But the truth of the matter is that over the past 2-3 years the bulk of companies in America experienced a slowdown and were forced to layof
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
f both contract employees as well as direct employees; but when things started coming back around in 2004, guess who those same companies hired back first….the contractors!
Contract hire work is often times a different line item on a company’s budget than a direct hire employee. Companies can hire co
Contract hire work is often times a different line item on a company’s budget than a direct hire employee. Companies can hire co
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
tractors without having to pay their benefits, unemployment insurance, holiday & vacation pay, (usually the recruiting firm pays for these items) or match their 401k plan. This makes hiring contractors a relatively easy and painless task for a company going through a slowdown. The projects/work might
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ot be as plentiful, but they still need employees in order to do it!
Have you ever been with a company as a direct hire and fantasize about NOT working for that company? The road ahead looks grim and job hunting is tough to do while you are trapped in a cube 8 hours a day. But you have security there
Have you ever been with a company as a direct hire and fantasize about NOT working for that company? The road ahead looks grim and job hunting is tough to do while you are trapped in a cube 8 hours a day. But you have security there
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
right? You get a raise once a year, as long as the economy is strong. As a contractor you only have to stay for your project/assignment and then you are free to go (or if another project comes up internally, they might ask you to stay), then on to the next gig for a more attractive price!
Or, on the
Or, on the
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
other hand, I can think of countless times where a company has hired on a contractor through me, and they were such a good match, at the end of the contract they hired the contractor on direct with a raise and all! You can’t win if you don’t play. In fact, there are some companies that ONLY hire cert
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
in disciplines on a contract basis before making any sort of long-term commitment. Am I talking about a ‘contract to direct’ or ‘temp to permanent’ placement? No, they are open-ended contract positions with no long-term commitment.
“I don’t want my resume to look like I am a job hopper!” That’s exact
“I don’t want my resume to look like I am a job hopper!” That’s exact
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
y what it will look like if you try to play ‘Contractor’ with direct hire positions. A contractor’s resume may or may not even have dates on it. Companies usually don’t care how long a contractor was at his/her last position. But if you show a Hiring Manager your Direct Hire resume and it has 10 diffe
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ent companies on it in a 3 year period, what would make the Manager think you were going to stay put at their company?
Experience
Personally, I would rather take a 1-year contract position with a certain Minneapolis-based medical giant than a direct hire position with Bob’s Medical Device Company. T
Experience
Personally, I would rather take a 1-year contract position with a certain Minneapolis-based medical giant than a direct hire position with Bob’s Medical Device Company. T
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
his particular medical giant is a highly acclaimed company recognized throughout the world and the experience I would gain there is more than likely hand-over-fist more valuable than any direct position elsewhere.
Contracting is especially good for Junior level candidates who don’t really know what t
Contracting is especially good for Junior level candidates who don’t really know what t
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
eir niche is yet. If you are a Jr. level Mechanical Engineer but you don’t know if you want to do design work, project management, engineering sales, or whatever else, contracting is a great way to figure out your calling. If you start out on contract doing design work and you hate it, then once the a
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
signment is over, you can eliminate ‘design’ from your checklist and move on to the next discipline.
The Joys of Contract Work
There are so many perks to working contract it’s almost hard to address them all! Here is a small sample:
•New companies/industries year after year
•You set you
The Joys of Contract Work
There are so many perks to working contract it’s almost hard to address them all! Here is a small sample:
•New companies/industries year after year
•You set you
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
pay raises (but you still have to be realistic!)
•Seeing different parts of the world (if you choose to be a National Contractor)
•Building a network of dozens of hiring managers and recruiters
•Reference letters! Everyone loves people saying nice things about them, why not have
•Seeing different parts of the world (if you choose to be a National Contractor)
•Building a network of dozens of hiring managers and recruiters
•Reference letters! Everyone loves people saying nice things about them, why not have
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
a big collection of them!
•If you travel to get to a company’s location: Per Diem! Ask virtually any direct employee what kind of living expense he/she gets for working at the same company!
•Meeting new people and working in new teams!
•Try before you buy! If your ideal situation
•If you travel to get to a company’s location: Per Diem! Ask virtually any direct employee what kind of living expense he/she gets for working at the same company!
•Meeting new people and working in new teams!
•Try before you buy! If your ideal situation
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
s to become a direct hire at the company, now you can date the company before marrying it!
•Overtime! Most contractors are hired on an hourly basis. You work 45 hours in a week; you get paid for 40 hours regular and 5 overtime. Ask most direct hires what they get paid when they work 45 hours a
•Overtime! Most contractors are hired on an hourly basis. You work 45 hours in a week; you get paid for 40 hours regular and 5 overtime. Ask most direct hires what they get paid when they work 45 hours a
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
eek!
How Do I start?
Some folks think that you have to be a big risk taker in order to be a contractor. What I actually see is people who aren’t necessarily risk takers at all, rather people who stay on top of a small database of recruiters and consistently contact them with updates. I have work
How Do I start?
Some folks think that you have to be a big risk taker in order to be a contractor. What I actually see is people who aren’t necessarily risk takers at all, rather people who stay on top of a small database of recruiters and consistently contact them with updates. I have work
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
d with plenty of contractors who aren’t even looking for a new gig, but stay in touch with me on a weekly or biweekly basis. They update me on the status of their current project, whether the company they are with is hiring or laying-off and any new updates they want to add to their resume (or my data
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
base). The whole call lasts 3 minutes, but one thing about contracting it is a contact sport-the more people you contact, the better you do.
I would recommend working with 3-5 different recruiters; provide them with your resume, cover letter, and 2-3 professional references. Call or email them on a w
I would recommend working with 3-5 different recruiters; provide them with your resume, cover letter, and 2-3 professional references. Call or email them on a w
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
ekly or biweekly basis and let them know that you are in fact excited about short or long-term assignments.
Summary
I couldn’t even tell you the number of Contractors I know that wouldn’t trade their career for anything. Some of these people have traveled literally all across the globe on different
Summary
I couldn’t even tell you the number of Contractors I know that wouldn’t trade their career for anything. Some of these people have traveled literally all across the globe on different
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
ssignments, while others choose to stay local. Contract work is a great way to expand your comfort zone, work in a variety of industries, and meet lots of new people. Not to mention it’s a great way to control your own career, set your own pay rates, and plan your own vacations! Who wouldn’t want this
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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