Boston Servicing the State of Massachusetts with Staffing & Consulting Solutions

Biotechnology, healthcare, banking, education and technology are just a few of the many industries that are in Boston. The Massachusetts Biotechnology Council reports that approximately 70,000 people are employed by more than 1,000 biotech companies in the area. Furthermore, prestigious medical facilities like Brigham and Women’s, Massachusetts General and others add to the significance of its healthcare industry. The Massachusetts Competitive Partnership also reports that the banking sector oversees assets worth more than $2 trillion. Collaborations between IT giants and startups as well as esteemed colleges such as MIT and Harvard promote innovation alongside economic growth within the area.

According to Glassdoor, workers in the biotech industry make a median pay of around $94,000 per year, which is competitive with Boston’s average wage. Many different businesses and organizations support the city’s booming employment market, which offers plenty of opportunities for professional advancement within a healthy economic environment.

Top Reasons Companies Choose Boston

Boston, Massachusetts, has a business-friendly atmosphere because of a number of important factors:

• Tax Incentives: To reduce operating expenses, Massachusetts offers tax incentives such as the Investment Tax Credit as well as the Research & Development Tax Credit.
• Talent Pool: Boston boasts a highly educated labor base due to its proximity to famous colleges such as MIT and Harvard. More than 44% of the population holds a bachelor’s degree or above.
• Low Crime Rates: Compared to the national average, Boston has lower crime rates, which makes the city safe for employers and employees alike.

Top Reasons to Work and Live in Boston

Because of its excellent living and working conditions, Boston is a popular destination for professionals and families:

• Research and Education: Home to more than 35 universities, including MIT and Harvard University.
• Healthcare Hub: Boston Children’s Hospital and Massachusetts General Hospital, two of the world’s most prestigious hospitals (U.S. News & World Report).
• Employment Opportunities: Booming biotech, finance and technology sectors. As per the U.S. Bureau of Labor Statistics, Boston’s unemployment rate is regularly lower than the rest of the country.
• Innovation: According to Startup Genome, Boston is one of the best locations for venture capital.