Some of Canada's leading cannabis companies are participating in the 2019 Cannabis Industry Compensation Survey conducted by Cannabis At Work and Global Governance Advisors (GGA). This is the 3rd year that Cannabis At Work has produced a benchmark compensation survey for the cannabis industry.
"Building a company's brand is about more than ensuring consumers identify with a product. It's also about understanding a company's culture, working environment and compensation drivers" said Josephine DesLauriers, SVP of WeedMD. "As Licensed Producers looking to attract and retain talent, it's important to ensure we remain competitive and that our industry data is rooted in fair and equitable benchmarking."
"Understanding market conditions around compensation is key to ensuring companies attract and retain top-talent" said Alison McMahon, CEO of Cannabis At Work. "As recruiters working exclusively to serve the cannabis industry, we are often asked to provide insights and guidance around compensation. This survey provides a rigorous, data-driven benchmark to help cannabis companies make decisions."
25 licensed producers are participating in the 2019 survey. The survey will benchmark a variety of roles including executive level positions, production and cultivation, processing, compliance and regulatory, facilities management, and corporate services. The survey will include data on base salaries, benefits, short and long-term incentives, and executive compensation. The survey is designed to assist both private and public companies in compensation planning.
"We are creating the industry standard for reliable compensation, incentive design, and benefits data. The strong support we have received to date, is an indication of trust and support for this major initiative and we are excited to release the results in early Fall 2019" said Paul Gryglewicz, Senior Partner and Head of Canada at GGA.
Companies operating in the cannabis sector, including Licensed Producers, still have limited time to sign up to participate. To learn more or to participate in the survey, contact us at hello@cannabisatwork.com.
About Cannabis At Work
Cannabis At Work is Canada's only recruitment, training and HR consulting firm focused exclusively on the cannabis industry. Since 2015, Cannabis At Work has been an industry leader, successfully placing qualified candidates, hosting onsite training and cannabis policy conferences, speaking at events, and fostering industry partnerships. Our mission is to elevate the conversation around working in the cannabis industry by helping people prepare for a career in this sector and connecting employers to qualified individuals.
About Global Governance Advisors
Global Governance Advisors (GGA) is a leading North American advisory services and technology Human Capital Management (HCM) firm that works exclusively with boards of directors and senior management teams to maximize board effectiveness and governance, develop dynamic compensation/incentive plans that deliver the outcomes that align with company goals, and provides a stakeholder communications engine that produces oversight of stakeholder engagement activity. GGA's emPower™platform is the first, comprehensive digital boardroom.
