8:20 am Registration & Networking
Benchmarking Life Sciences Organizations Compensation To Stay Competitive in 2024
9:00 am Discover: Total Rewards Industry Trends
Synopsis
Uncover the latest trends in total rewards strategies, navigating the unique landscape of the life sciences industry.
Let’s explore innovative approaches that align with the dynamic needs of the workforce and ensure you are on the forefront of progressive total rewards practices.
Learn about how companies are incorporating AI into their Total Rewards processes and programs.
9:20 am Discover: Careers, Compensation and Transparency: Creating an Effective Career Framework and Ensuring Your Compensation is Competitive and Transparent to Retain Key Talent
Synopsis
- What can you do to retain key talent especially after periods of turbulence, i.e. layoffs?
- For an organization with different types of talent from different sectors – tech, software engineers, drug discovery, healthcare – how do you design a competitive compensation framework and also engage all groups in their own career pathways to enhance retention?
- How 23andMe has leveraged a new career framework program, competitive compensation model and other creative ways to retain business-critical employees.
9:40 am Develop: What More Can You Learn About Developing a Competitive Compensation Strategy Fit For Life Sciences Organizations in 2024?
Synopsis
Question & Answer Session Facilitated by the Focus Day Chair
10:00 am Action: What Will You Now Do to Ensure Your Compensation Strategy is Fit For 2024?
Synopsis
Output Focused Action Session Facilitated by the Chair
10:20 am Networking Break
Track 1 Transforming Employee Engagement to Enhance Retention
Investing in Employee Wellbeing, Recognition and Rewards to Increase Retention
Track Chair: Stephanie Heinz, Head Of Human Resources, Neogene Therapeutics
10:40 am Discover: Highlighting the Importance of Investing in Employee Wellbeing in Your Overall Biotech Compensation Strategy to Enhance Retention
Synopsis
- Successful examples of how life sciences organizations are developing holistic rewards and recognition strategies alongside compensation strategy to enhance retention.
- The effective strategies to invest in employee wellbeing and prevent burnout and discussing the effective, non-compensation focused strategies to reward and recognize employees.
- How Clear Labs have gone above and beyond to invest in their employees’ wellbeing – particularly mental health – enabling them to prevent burnout and retain key talent.
11:00 am Discover: Investing in Employee Wellbeing, Recognition & Rewards to Increase Retention While Operating With Limited Budget and Resources
Synopsis
- Discussing the importance of employee wellbeing in 2024 compensation strategy to enhance retention.
- How to get executives to understand the importance of investing in your life sciences employees wellbeing as it relates to the business
- How Syner-G BioPharma Group have invested in their talent’s wellbeing to enhance engagement and become a Best Place to Work
11:20 am Develop: What More Can We Learn About Investing In Employee Wellbeing, Recognition And Rewards To Increase Retention?
Synopsis
Question & Answer Session Facilitated by the Chair
11:40 am Action: How Will You Now Invest In Employee Wellbeing, Recognition And Rewards To Increase Retention?
Track 2 Agile Talent Management and Attraction Strategies to Enhance Efficiency
Driving Fast Paced Scale and Future Proofing Your Life Sciences Organizations
Track Chair: Ann Tomlin, Head of Human Resources, Lyell Immunopharma
10:40 am Discover:Disrupting HR: Embracing Data and People Analytics to Equip People Leaders with a Personalized Guide to Streamline Hiring, Onboarding and Employee Engagement
Synopsis
- Have you wondered if your hiring process is good? Discover philosophy and math that reveal deeply the quality of a process and the effectiveness of hiring managers.
- Is your onboarding process working? Using data, come find out how to build early commitment to the organization.
- Why do employee engagement scores seem stuck? Uncover Enveda Biosciences' sophisticated analytical model, combined with qualitative data, that gives each people leader the critical few action items that will truly improve employee engagement
11:00 am Discover: Future Proofing Your Life Sciences Business: Adapting After Periods of Growth and Uncovering the Next Steps to Success After Becoming a Commercial Organization
Synopsis
- Best practices and lessons learned on how to retain employees during periods of fast paced growth from those who have successfully executed this and how to adapt when your organizations is evolving in directions you did not expect
- Rethinking your EVP, what does it take to successfully hire talent when preparing for a product launch as compared to years year after that
- Uncovering the next steps after launching a product – hear an update on Dermavant’s journey as a commercial organization and how they have managed to stay one of Fortune’s Best Small Employers on every step of their journey (i.e. a year later)
11:20 am Develop: What More Can We Learn About Driving Fast Paced Scale And Future Proofing Life Sciences Organizations?
Synopsis
Question & Answer Session Facilitated by the Chair
11:40 am Action: What Will You Now Do To Drive Fast Paced Scale And Future Proofing Your Life Sciences Organization?
12:00 pm Lunch
Speed Learning
Table 1 Topic:
Synopsis
How to set up for success in small biotech organizations from creating a compensation philosophy to leadership development – uncover the first key steps to make to ensure the company is successful going forward
Table 2 Topic:
Synopsis
Creating a scalable and engaging culture to secure future productivity from the very start of a small biotech organization
Table 3 Topic:
Synopsis
Challenging traditional approaches to sourcing and interviewing talent including how to get creative in the offer process where smaller biotechs can be limited in the compensation they offer compared to large pharma
Table 4 Topic:
Synopsis
The Practicalities of AI: Legal, Financial and Commercial. What is the Reality of Implementing AI Tools in Biotechs?
Table 5 Topic:
Synopsis
Putting Insights into Action: Using Employee Engagement Surveys as a Roadmap to Achieve Powerful Results