Creative Employee Compensation Can Drive Performance
During an unprecedented time colloquially known as the Great Resignation, millions of employees are leaving their jobs — almost 3 percent of the entire American workforce, to be exact. Counter to the trend, the cannabis industry added more than 77,000 jobs in 2021 , but employee engagement and retention should remain top of mind for growing companies. Today’s ultra-competitive marketplace will favor companies that can both recruit and retain the right talent. With ten newly legalized states, companies will have plenty of new positions to fill if they want to keep up with rapid industry growth and consumer demand. It can be difficult to find qualified, reliable employees to help a business grow, even with a large hiring pool. Once the right candidates are on the roster, the challenge becomes motivating employees to meet objectives and overcome obstacles. One of the best ways to attract talent, retain top performers, and keep employees happy and engaged is to consider employee compensa...