Biotech is booming, with some estimates stating that the global biotech market will reach $2.44 trillion by 2028.
Exponential innovation, increased demand in products, and heavy investment in biotech (which had double-digit growth between 2019-2020) are fueling this sharp growth, and biotech startup companies seem to be popping up everywhere. While other industries are pessimistic about the future, biotech is riding an incredible growth wave that was not only unfazed by the pandemic, but grew even more.
Biotech seems invincible, resilient in the face of otherwise challenging times for other sectors.
But biotech is facing the same hiring woes as every other industry, and that’s a big problem. What’s unique about biotech is that the fast pace of developing new drugs, meeting regulation hurdles, and scaling at a truly global level means they have very little leeway when it comes to filling gaps on their team. Labor shortages can hamstring their future.
When you need help now, you needed it yesterday. That’s where a virtual assistant service can help you.
Not only will you build out your team as you need, but you can put your focus back where it belongs instead of being distracted by daily tasks that aren’t feeding growth and innovation.
Can A Virtual Assistant Help In Biotech?
Maybe you haven’t considered using a virtual assistant, and are still thinking in terms of specific job descriptions and titles as the only way to build out your team. Biotech is a highly specialized industry, and you might think any virtual assistant you bring on board has to be trained in biotech.
Sometimes, yes. And we have virtual assistants with a biotech background.
But a biotech company has similar needs as other global companies, with the added quality being that biotech companies operate on 3X fast-forward speeds. The same kinds of tasks need to get done. Once you understand what a virtual assistant does, you can see that there really is no barrier to bringing one on board.
For starters, a virtual assistant is virtual, meaning that they aren’t geographically limited. That’s ideal for a fast-paced global industry. Instead of restricting yourself to finding and using someone in a specific region, you have a broader canvas to work with. They work on-demand, as you need them.
But beyond that, consider what you need help with. If you could take some of the admin tasks off your plate and be rid of the work that’s distracting your focus, would you need to hire the employees you thought you had to have?
Your virtual assistant can help you with:
- Schedule and appointment management
- Travel arrangements
- Call screening
- Document creation
- CRM management
- Inventory management
- Vendor and supplier liaison
- Bookkeeping, including invoicing and payroll
- Data entry
- Event planning
- Marketing management
- Project management
- Customer service
- Personal support, such as buying gifts
- Expense reports
- Email management
That’s a big list. It’s all the things that must be done, but it’s also all the things that take up so much time.
Unfortunately, most leaders have it backwards, and biotech leaders are no different.
They get caught up in their own admin tasks instead of doing the work that actually promotes growth and innovation. Then, when they realize there’s a problem, they decide to hire someone else to handle the growth and innovation so they can stay on top of the admin.
There is no one more capable to handle the direction your company should grow than you. Your virtual assistant can handle your admin tasks. Your skills and experience are better used elsewhere.
How To Hire A (Global) Virtual Assistant In Three Days
Biotech employers have the same hiring hurdles as anyone else.
There’s the cost of hiring (both in time and money, which are tightly connected). The speed at which you’re able to hire can make or break a project. Plus, finding great candidates with the right skills and experience is always a challenge, much less one that fits in with your company’s culture.
But biotech companies have a hiring hurdle many companies don’t: they’re global.
They employ a workforce that might be spread around the world in different offices. Their investors, competitors, vendors, and customers are likely global as well. That means considerations like languages, time zones, and cultures are in play.
Let’s not forget the complication that comes with hiring people from other locations due to employment laws, tax implications, and legal requirements. Independent contractors are common in the biotech industry, and while it’s a familiar model that solves the problems that come with bringing on full employees, it also brings the challenge of staying compliant with employment law. Toss in the global element, and that’s even trickier.
What if you could get a highly-skilled virtual assistant in a few days, completely within your budget, with the entire global component in place, all while skipping the whole hiring process?
It’s not only possible, but we can help you accomplish it in about three days.
Three Days To A Virtual Assistant
The basic process of getting a virtual assistant looks like this:
- You contact us and tell us what you need. We’ll listen carefully.
- We find a virtual assistant who’d be a good match in skills, experience, and personality in just a few days.
- You pay a monthly subscription fee.
- We make sure everything is working out with your new virtual assistant.
- That’s it.
Yes, you really can turn three months of standard hiring into just three days.
Yes, thanks to our subscription staffing model, you can bring on a new team member within budget. Instead of locked-in contracts, you’re paying a monthly fee based on what you need. Plus, our virtual assistants are our own employees. We handle all of the hiring, employment laws, HR concerns, and benefits. All you do is subscribe.
And yes, we have virtual assistants who are multilingual. We receive tens of thousands of applications to work on our team. We’re very careful in how we recruit and screen, and because of our strict requirements, we only offer our clients what we consider the best of the best. Many have worked for Fortune 500 companies, with a broad spectrum of expertise. That includes experience working on the global stage.
If you’re ready, so are we.
With a highly talented virtual assistant, you might find you don’t have all the job openings and gaps in your team that you thought you did. From your first conversation with us, we’ll get the ball rolling. Instead of months of recruiting and interviewing, you’ll have a virtual assistant handling your admin in a fraction of the time. It’s time to get your focus back on growth.
Topic: Remote Executive Assistant
Updated on May 11th, 2022