The High Cost of Cutting Corners: The Short- and Long -Term Effects of Underpaying Talent in Clinical Research
Introduction: The Post-Pandemic Financial Squeeze The financial constraints of 2023 and 2024, brought about by economic uncertainty and rising operational costs, have forced many clinical research organizations (CROs), sponsors, and biotechnology firms to do more with less. One common cost-cutting measure has been offering compensation below market averages for employees and contractors. While […]