Thursday, September 14, 2023 5:12:57 PM
Talent drain
One concern in the current marijuana labor market is that hourly employees and salaried workers will leave cannabis for other sectors because of the industry’s’ struggles and other sectors’ ability to offer attractive pay and benefits packages.
“Companies should retain as much of the exceptional talent we have in this industry,” Bradford said.
“I’m really worried about brain drain or talent drain, because as an industry we’ve spent so much time bringing in people from other industries and training these individuals, helping them understand cannabis and also learning from them about what best practices from other industries do and don’t work in cannabis.
“One of my biggest concerns is that we are losing talent to other industries, and we won’t be able to get them back.
“One big trend right now is attrition. It’s higher now than it’s ever been for hourly workers. … We’re competing for the same hourly worker talent as a lot of other industries right now.”
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