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Clinical research organizations continue to struggle with ways to retain talent, according to the preliminary results of the 15th annual CRO Industry Global Compensation and Turnover Survey conducted by HR+Survey Solutions, a compensation consulting and research firm. The initial findings reveal that the employee turnover rate at U.S.CROs remained stagnant with 18.6 percent of employees leaving their companies in 2012 versus 19.7 percent in 2011. The turnover rate among CROs outside of the U.S. increased from 17.8 percent in 2011 to nearly 22 percent in 2012.
The annual comprehensive survey reports compensation levels (base salaries plus annual and long-term incentives); employee turnover; annual and long-term incentive plan design; deferred compensation; benefit plans and perks for 139 benchmark positions in 11 job families including executive, biostatistics, business development/sales, clinical research, database management, medical affairs, patient recruitment, quality assurance, regulatory, safety/pharmacovigilance, and onsite operations.