Orange County, CA Medical Device Industry Hiring Challenges

8/24/2022

Orange County unemployment rate is 2.9 percent as of July, 2022, as such the talent scarcity is creating gaps between the supply and demand of skilled MedTech professionals. Given these challenges we’re all facing we recently asked the online community the following question:

Which part of your business has the hardest time finding and hiring talent?

I suppose EU MDR is to blame for this as the majority of respondents indicated RA QA personnel are the hardest to find.

There’s another distinction worth noting that’s adding fuel to the fire. The cost of living (COLA) in Orange County is 54% higher than the national average. As a result, this has a direct impact on the sheer number of people who can afford to live in OC, which decreases the size of the employment pool. Add into the mix issues the overall State is experiencing like a 250k net migration loss along with relatively new industry regulations like EU MDR and you have a perfect storm where demand is grossly outpacing supply.

Pete Nalbach, GM of SeaSpine in Irvine, CA shared some interesting insights about the present hiring, employment and talent situation:

Pete indicated and I’m paraphrasing a bit “…candidates have options. This means they only accept jobs they really want which in turn gets a higher engaged employee for the company in the long term”

What’s your solution to the talent shortage?

1 Comment

Dave Weilder link

5/19/2023 06:13:28 pm

Dear SQR1 Services,

I recently read your white paper titled "Orange County, CA Medical Device Industry Hiring Challenges," and I wanted to express my appreciation for shedding light on the hiring landscape within the medical device industry in Orange County. This comprehensive analysis provides valuable insights into the challenges faced by employers and job seekers in this dynamic sector.

The medical device industry plays a crucial role in advancing healthcare and improving patient outcomes. However, as your white paper highlights, the industry faces its fair share of hiring challenges. From the shortage of skilled professionals to the intense competition for top talent, these obstacles can pose significant hurdles for employers seeking to recruit qualified candidates.

I appreciate the depth of your analysis, which explores various factors contributing to the hiring challenges within the medical device industry. Factors such as changing regulations, technological advancements, and market demands all impact the skills and expertise required from prospective candidates. By examining these factors, you provide valuable insights for employers to better understand the complexities of the hiring process and adapt their strategies accordingly.

Moreover, your white paper offers practical recommendations and strategies for addressing these challenges. From partnering with specialized recruitment firms to optimizing employer branding and talent attraction efforts, you provide actionable steps that can help employers navigate the competitive landscape and secure top talent. These recommendations serve as a valuable resource for employers looking to overcome the hurdles in hiring and build successful teams.

I want to express my gratitude to SQR1 Services for producing this informative white paper. Your commitment to providing valuable industry insights is commendable and greatly appreciated. This document not only serves as a guide for employers but also contributes to the overall growth and success of the medical device industry in Orange County.

I encourage employers within the medical device industry to read your white paper and consider the recommendations you have provided. By understanding the hiring challenges and implementing effective strategies, they can enhance their recruitment processes and attract the best talent in the field.

Thank you once again for your insightful white paper and your dedication to supporting the growth and development of the medical device industry in Orange County.

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