Navigating the Talent Landscape: Labour Market Information Shaping the Biomanufacturing Workforce
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Key findings
- Manufacturing/Production Technician Demand: 50% of new hires will be in these roles, requiring specialized skills.
- Barriers to Training: Financial constraints and limited time prevent many employers from upskilling their workforce.
- Diversity, Equity and Inclusion (DEI): Only one-third of companies have fully implemented DEI policies, creating untapped potential for workforce expansion.
- Critical Skills Shortages: The industry’s talent pipeline is limited, emphasizing the need for alternative hiring strategies.
Solutions to address these challenges:
- Strengthening industry-academic partnerships to align training with real-world needs.
- Expanding talent pipelines by recruiting internationally educated professionals and underrepresented groups.
- Investing in hands-on training programs to ensure new hires are job ready.
- Collaborating with government and training providers to make specialized training more accessible and cost-effective.
