Frequently Asked Questions about the CannaCompensation Survey
We know you’re wondering and we are here to help.
The cannabis industry is growing increasingly competitive and businesses are finding they need a competitive advantage to survive and thrive. The industry is also unique and innovative. As a model for next-generation businesses, cannabis companies cannot depend on data from other sources. Other companies do not have the same restrictions and regulations. Few other businesses have such a mix of innovators, scientists, farmers, salespeople, technology experts, and government relations positions. None have the same federal and state-level restrictions that require independent operations and distribution.
Compensation is usually a company’s largest expense. Pay efficiency is important in budgeting, staff motivation, risk, compliance concerns, and more. Having access to current and accurate compensation data is the first step to a strong foundation for growth. To do this, you must have access to great pay data. Your participation in the 2019 CannaCompensation Survey is the first step in the process.
Every mature industry uses industry-specific pay data to win the war for talent! Until now the cannabis industry did have this competitive advantage. With the CannaCompensation survey results, companies will be able pay their people confidently AND more easily attract talent from other industries.
We do not collect names or any other personal identifiers that can link pay to specific executives or employees.
Your data will be anonymous. We do not link specific company data with company names.
Final reports are based on job titles, position levels, and accessible based on company size and location.
Jobs are only included if there is a minimum acceptable number of reporting companies with that position.
Participating companies must have at least 10 employees and will include both public and private companies.
Takes an average of only 30-60 minutes.
You can fill out a brief MS Excel questionnaire.
You can provide data directly to us and we will organize and submit it.
We can work with you to figure out a method that will take as little time and effort as possible.
IT’S FREE (for the first 100 participants).
As an example: Our 2017 Craft Brewing Compensation Survey resulted in a 74 page report that provided insight into pay levels, job descriptions, hiring practices, benefit overviews, staff retention details, and much more. We are confident that the 2019 CannaCompensation Survey will provide even more information.
We’ve provided a couple of examples below.