Legalization and innovation are perhaps the two best words to define the booming cannabis sector. With the legal cannabis market projected to reach $43 billion by 2025, opportunities abound. As more states enter the fray and new companies emerge, talent is on the move.
So how do companies attract and retain top talent in today’s active job market? Amid all the pandemic workplace changes, one employee benefit still tops the list as the most valued: compensation. Salaries, bonuses, equity — money remains the most effective tool when it comes to hiring and retention.
In our newly released cannabis salary report, we took a closer look at what fair market compensation means for this dynamic, evolving sector. We compiled data ranging from the near beginning of the pandemic in May 2020 through August 2021. We surveyed companies with revenues between $10-150M that employed anywhere from 15-500 people. Our internal recruiting data features insights into key business functions that include marketing, sales, finance, operations, and HR.
Ready to build offers that attract, secure, and keep high performers and outmaneuver the competition? Download our report to get started.