When it comes to attracting and retaining talent in today’s competitive job market, compensation is table stakes. Fair market compensation — the salary or wage that an employee would receive for a particular job in a specific geographic location, taking into account factors such as the job responsibilities, required skills and experience, and the prevailing […]
ForceBrands has released its 2023 Salary Reports for the following industries: beverage, food, beauty/wellness, and cannabis. The reports offer salary data across marketing, operations, sales, finance, and human resources. ForceBrands surveyed companies generating $10M-150M in revenue with under 500 employees. The data was compiled between January 2022 and February 2023. “Given the current economic climate, […]
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 […]
Never has there been a more intense focus on health and wellness than during a global pandemic. The Covid crisis has ushered in a renewed appreciation for cleaning supplies and personal care items, particularly as they relate to immunity. And despite the disruption of makeup sales during quarantine, the beauty industry continues to boom. The […]
The year 2020 was tumultuous. Companies pumped the brakes when the pandemic hit — strategic plans, expenses, headcount, and compensation seemingly came to a halt. In 2021, job market reporting suggests that things are changing rapidly with companies getting creative through virtual onboarding and embracing remote-work life to attract high quality candidates. With hiring demand […]