Due to the industry’s nascent nature, it is an uphill task for many MedTech startups to recruit experienced staff. We also compete with larger companies, which often provide better remuneration and incentives.Hence, firms need to be innovative in recruiting to stay ahead in this fiercely competitive market. This involves a delicate balancing act of selecting, training, retaining, and motivating talent to stay in the sector.
To date, more than three quarters of our staff have been hired from outside our sector. More than 90 per cent of our employees are locals.I started my career in IT as an engineer, but due to structural changes in my previous company and the IT sector as a whole, I pivoted to MedTech. The move was not easy due to the steep learning curve related to medical terminologies and regulations, but my 25 years of work experience have helped in managing these demands.
We also participate in Enterprise Singapore’s Global Ready Talent programme, which enables us to tap a grant to recruit interns for a period of five to six months.
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