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Tag: employee benefits
Even with Auto-Enrollment, Cannabis Workers Reject 401(k)s
Only about 39 percent of cannabis workers participate in workplace retirement plans — about 18 points below the U.S. rate — and even auto-enrollment isn’t fixing the gap. A new cannabis-only report analyzing 140 plans across 420+ entities found opt-out rates near one in three among automatically enrolled employees, despite sophisticated plan design and meaningful employer contributions. The problem is less about plan features and more about worker realities.
Employer Branding: Building Culture as Your Competitive Edge
In cannabis, culture isn't fluff; it’s a business advantage. Here’s why employer branding matters more than ever in attracting and retaining top talent.
Navigating 2025: Strategies for Thriving Amidst Risk and Competition in Cannabis
The cannabis sector is navigating heightened risks, with economic pressures, inflation and regulatory uncertainties straining operations. A reactive, “set-it-and-forget-it” mindset no longer will work...
3 Simple Steps for Proactive Risk Management
The cannabis industry is growing and changing at an unprecedented pace, creating immense profit potential and putting a spotlight on the array of risks...
3 Guidelines for Establishing a Financial Wellness Program
The cannabis industry will add 200,000 new workers in the next five years. Retaining the good ones may be challenging. One of the ways...
How 401(k)s Can Benefit Cannabis Company Employees and Employers
As the cannabis industry matures and companies grow, acquiring and retaining talent is becoming more competitive. To adapt, companies must adopt incentives employees seek,...