Why pharma and biotech is the leading sector for employee engagement

It isn’t often a sector unquestioningly excels in internal practices, but Tom O'Byrne, chief executive of Great Place to Work UK, considers, in an Expert View piece, its recent insights on how the pharmaceutical and biotech sector is achieving this and leading the way in employee engagement.

Here at Great Place to Work, through engagement with several key pharma and biotech organizations including Bayer (BAYN: DE), AbbVie (NYSE: ABBV) and Medtronic (NYSE: MDT), we have drawn some intriguing conclusions about the sector and its approach to its employees.

There are a number of key indicators of employee engagement, among them staff absenteeism and retention rate. In both of these areas, the sector demonstrates outstanding results.