BDO Releases 2022/2023 CRO Insights Report

Article

Employee turnover continues to impact the global market for talent in Clinical Research Organizations. The companies that will be successful in not only retaining top talent but also in recruiting will employ innovative approaches to their reward strategies.

This Insights Report is based on results from the recently published BDO CRO Industry Global Compensation & Turnover Survey. This Insights Report discusses how now, more than ever, companies are digging deep to find ways to make sure employees stay, which is stirring the buzz term “The Great Retention.” A few key topics covered in this Insights Report include:

  • The talent shortage exacerbates high turnover and results in shortened tenure
  • The influence of salary increases on turnover
  • Career opportunities help combat the turnover challenge
  • Attraction and retention in times of economic uncertainty

BDO’s annual CRO Industry Global Compensation & Turnover Survey collects data for 268 positions in the US and 55 countries outside of the US. This survey is designed to help clinical research outsourcing companies develop confidence in their pay levels by providing data necessary to gain insight into their compensation practices relative to the market.

Download the report here.

Reference

2022/2023 Clinical Research Organization Compensation & Turnover Insights Report. (2023, January 24). BDO.

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