QUINCY, Mass., Nov. 18, 2015 /PRNewswire-iReach/ — PharmaLogics Recruiting announced today that it will increase the base salary by $10,000 for all recruiters starting January 1st. The idea began last month when PharmaLogics’ Founder and President, Megan Driscoll met Dan Price, CEO of Gravity Payments, and heard him speak at the Inc. 5000 fastest-growing private companies conference held in Orlando, Florida. Motivated by the increasing pay gap between executives and employees, Price decided to take action to address this challenge. Earlier this year, Price announced his company will raise all employee salaries to at least $70,000 over the next three years. Inspired by Price’s decision to support income equality, Driscoll reevaluated the compensation structure of her company. She was determined to launch a commitment to her team that was devoted to attracting and retaining the best talent. This resulted in the investment of almost half a million dollars into existing employees pay.
“We have challenged most of our industry’s ‘traditional’ recruitment processes so it seemed like a natural evolution to rock the boat in internal compensation as well. The goal is to pay people enough money so they can be happy and have a good life. If we do that, we will retain our current talent and attract our future leaders. I am thankful to Dan for providing the ‘aha’ moment which resulted in this big change,” says Driscoll.
Megan Driscoll is also a staunch advocate for gender equality in the workplace. Recognizing the lack of female leadership within the S&P500 companies, Driscoll launched the social media campaign at www.doit4yourdaughters.org to promote gender equality. Megan herself is one of only 15 female CEOs from Massachusetts on the 2015 Inc. 5000 fastest-growing private companies list and a recent winner of the Gold Stevie for the 2015 Female Entrepreneur of the Year Award.
About PharmaLogics Recruiting
Founded in 2003, PharmaLogics is a global recruitment firm in the life science industry who maintains a US headquarters in North Quincy, Massachusetts and a European headquarters in Basel, Switzerland.
For more information about PharmaLogics Recruiting, please visit:
www.pharmalogicsrecruiting.com, +1 (781) 848-5500