| Prioritizing employees is crucial to achieving financial goals.  |
Do you believe it’s possible to prioritize both profits and employee satisfaction/happiness?
Companies that have ranked on Cannabis Business Times’ “Best Cannabis Companies to Work For 2025” lists prove that employee satisfaction not only can align with profitability — it is essential to achieving fiscal goals.
Did you know … - 93% of employees at “Best Cannabis Companies” say they are willing to give EXTRA EFFORT to help their organizations succeed
- 90% would recommend their companies to their friends and former colleagues (helping to bring in new talent!)
… and that the average cost of hiring a new employee ranges from $4,000 to $20,000, according to Indeed, when you factor in obvious costs, such as: - job postings
- recruiting fees
- relocation expenses
and the harder-to-quantify-costs, such as: - new employees’ initial decrease in productivity during their “learning curve”
- other employees’ loss in productivity as they participate in the hiring process, onboarding and training
With labor being the largest cost for most businesses and one of the biggest challenges, being able to attract top talent is second only to being able to retain your best employees. The good news?
If you’re prioritizing your company culture and working to create a great place to work, you have a chance to give your company an edge over your competition in this area!
Entries are now open for Cannabis Business Times’ “Best Cannabis Companies to Work For - 2025.”
The sixth annual awards program is open for all cannabis businesses (plant-touching and ancillary) to be recognized as the best employers in the industry.
If your company faces challenges in attracting skilled employees at all levels in this competitive industry, don’t wait. | |
| | (Deadline to enter: Oct. 11) |
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