2012 Scope of Practice Introduction
As many companies in the life sciences and healthcare products sector continue to tighten budgets and reduce workforces, regulatory professionals and the expertise they bring are more indispensable than ever. Regulatory professionals don't just play a critical role; they play many critical roles in bringing medical innovations to market, and the profession has proven resistant to industry downsizing. Talented regulatory staff are highly valued and sought after, and they are being rewarded with increased compensation. The Regulatory Affairs Professionals Society (RAPS) surveyed nearly 3,000 regulatory professionals in 58 countries, at job levels ranging from the new professional to senior executive positions to produce the 2012 Scope of Practice & Compensation Report for the Regulatory Profession, the latest, most comprehensive information on the profession.