Marijuana Business Magazine April 2019

Salary Survey What role do stock incentives play at GTI? One of the core principles of our compensation structure is shareholder alignment, meaning a large portion of our workforce are owners of the company via stock incentives. We strongly believe in share-based compensation—we all have skin in the game as stewards to the shareholders that trust us with their investment. What role do benefits play at GTI? This year, we added five ancillary benefits: short- and long-term disability, whole life insurance, accident and critical care insurance. We also offer competitive PTO (paid time off) and parental leave for our full-time employees. In addition to competitive compensation, we offer some really great perks: themed employee events at 4:20 on select Fridays, unlimited vacation, catered lunches and free snacks and beverages. Our peer-to-peer recognition program, Mad Props, paid out up to $10,000 for our annual winners that went above and beyond the call of duty this past year. How does GTI determine compensation? GTI looks at both cannabis companies and companies outside the industry to determine compensation. We have many employees from various backgrounds— startup to global organizations, and industries from cannabis to technology to CPG (consumer packaged goods)—so we have to make sure our compensation packages are competitive to attract the very best talent possible. S alaries and benefits are tools to recruit top talent that will facilitate your company’s success, as well as barometers of your company’s health and culture. Marijuana Business Magazine spoke with executives from four cannabis companies that have made various top-places-to-work lists and asked them about salaries and recruitment. Here’s what they said: MONEY Four marijuana industry executives offer strategies and insights on salaries and recruitment By Omar Sacirbey TALKS EUNICE KIM Title: Vice president of people Company: Green Thumb Industries, Chicago Sector: Multistate vertically integrated operator Marijuana Business Magazine | April 2019 50