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Unemployed members write me for help so often I developed a standard reply which included the line, “I have an executive recruiter I trust for medical device industry placements. Would you like an introduction?” Last week my recruiter friend Tamara wrote me, saying, “Joe, thanks so much for the referrals but please don’t send any more candidates. I’m dropping pharma and medical device recruiting for now. These companies are not paying their employees well and they’re cutting down on commissions. I’m sticking with technology, a very busy sector right now.” She continued, “It’s been very difficult to help candidates understand that getting your foot in the ‘medical device door’ requires at least three years’ capital equipment sales. Candidates who ‘want to break into the business’ argue with me! I helped with their resumes and, now, it’s just time to move on.” I don’t know what to make of it. Do you agree with her assessment? Should candidates focus on a different industry? If you’re a meddev recruiter, are you ready to give up too? Army-tested medical device recruiter Erik Zikos is sticking around. I send leads to Erik because he spent 10 years in industry sales (Kyphon, Globus, HydroCision) before discovering his innate ability to place the right candidates with the right managers. If you, a medical device company HR or hiring manager, need a hand with placements, email Erik at Erik@EZExecutiveSearch.com. Tell him I sent you. Conversation picked up this week (in 2012) Would faster reviews compromise patient safety? http://medgroup.biz/faster 10 tips for medical device business in China http://medgroup.biz/Chinese-tips What 3 things are needed for meddev startup funding? http://medgroup.biz/for-funding Marketing a 510k device with off label uses? http://medgroup.biz/off-label Thank you for being part of our Medical Devices Group community!Please to educate your network. Make it a great week. Joe Hage Darshana Nadkarni, Ph.D. Jerry Robinson First, their web site allowed for the posting job applications.. So I went to the site to post a resume and apply… It was the WORST job application site I have ever been to. It was a true “intellligence” test challenge to actually post a resume – that I have ever seen… It took over 2 hours to wade through – and THOROUGHLY was designed to filter out any possible creative or innovative application based resume. Amazing…. Second, I later got an email for “job opening” from an Indian (India) based recruiter… Actually got eight or ten different company emails – all from India…. I responded, because I DO HAVE the critical and secondary skills the were seeking…. The POSITION was for an “Engineer II” potion – with particular PCB design level skills… It was a short term development contract position – something I like to do… After going back and forth for a while… I found out that the effective compensation was about $0.65 less per hour than what Costco pay’s its shelf stockers. With 30+ years experience – multiple management and development positions – and a lot of very specific knowledge – I found that the compensation was a bit astonishing….. Honestly, I would rather stock shelves than do an engineering design position for the lowest pay that I can recall… So… Revathy….. I think your experience is not so unusual… But it is also a BIG OPPORTUNITY, if you can figure out how to leverage it… the “Company” experience I ran into (from the Irving, Texas outfit) just shows that they block out all innovative and experienced applicants – leaving start-ups and new tech BETTER PORTIONED to compete. Look at a different class of company – and be patient… –jr Revathy Subramanian Perry Mykleby Is there a better way to connect talent with hiring managers? Is there an industry survey that delineates the skills required for the med device sector now and, say, for the next ten years? How much A+ talent gets overlooked due to lack of segment-specific skill? What benefit is there to hiring people from outside the sector who could bring fresh perspective? John Dick Christophe Cognard Health Care Spending as a Percentage of GDP, 2009: => USA close to 18% (expected to be above 20% in the coming years) => The Netherlands (second highest country): 12% of its GDP (source: OECD Health Data 2011) => Japan below 10% A US orthopedic surgeon is on average paid twice a German orthopedic surgeon (source: M. J. Laugesen and S. A. Glied, “Higher Fees Paid to U.S. Physicians Drive Higher Spending for Physician Services Compared to Other Countries,” Health Affairs, Sept. 2011 30(9):1647–56). Healthcare will remain a great business but things will change if only because it isn’t sustainable. And not only for the industry. I know of many cardiologists closing their private practice and going back to hospitals as employees. Lower salary but less uncertainty. henri flechner Pat Ridgely, MD George Mills Guys. Its probably not every day you see a CFO quote biblical scripture but this seems to have real value here. We know this: there are 75million baby boomers who are aging and require more medical services. That is not changing. The situation in the Medical Device Sales is temporary. New technologies are best marketed by knowledgeable passionate reps. Main stream or mature products need to be maintained. The housing market is oversupplied and overvalued and is still recovering. But recovering non the less. So let the waters receed and in the mean time get fed were the feeding is available. Jim Ricker has found his cheese! Even animals know when to find a new watering hole! henri flechner Julie Bey Mark Shelton Ruth Clark Pat Ridgely John Eckberg Donnamarie Tonelli Mark Neidert Kim Johnson Pat Ridgely, MD To Pappy’s point about not giving up: when young people ask me about carrers in sales in the medical-device sector, I try to be honest but not doomsday. Field-based jobs in the US that focus on clinical support or on economic aspects (e.g., setting up major contracts that cut across product lines) are still going to exist. In the emerging markets, I think there is tremendous opportunity for even traditional sales, though my fond hope is that such markets will learn from the US experience and NOT repeat our mistakes. Richard Brautigam Pat Ridgely, MD Also, there are a lot of experienced pharma or device reps who have been laid off in the US in the last few years, so the competition is fierce; hiring managers typically get a lot of interest from people who already have experience. Scott EM Roberts Lingling Chen Also, are we talking about mid-level or entry level positions? I did notice that many medical devices companies (Such as BD, Zimmer, J&J) have pipeline rotational program for MBA graduates, and I do have friends hired by those programs without any prior industry experience, the only thing they have is the transferable skills. Nathan McCole Rebecca Orellana Tamara R Pearlman Todd Staples Scott EM Roberts Pat Ridgely, MD Brad Driggers Jim Ricker Christophe Cognard Erik Zikos Julian Avery Rebecca Orellana Darshana Nadkarni, Ph.D. Erik Zikos Bill Clemmons Marked as spam
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