TerrAscend

Performance and Reward Programs Manager

Remote

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
CannabisIndustries

Performance and Reward Programs Manager

Employment Type: Full-Time

Position Overview

At TerrAscend, we don’t just grow cannabis — we grow possibility. Whether it's cultivating top-tier flower, supporting patients with trusted therapies, or crafting premium products for adult use, we’re here to elevate lives. As a trailblazer in the cannabis industry, our roots run deep and our sights are set high. If you're ready to shape the future of cannabis with a team that believes in quality, care, and community — let’s grow together.

We’re looking for a Performance and Reward Programs Manager to shape and drive the strategy, design, and execution of our performance management and compensation programs. In this role, you’ll ensure our people practices align with business goals — helping us recognize and reward high performance in a way that promotes clarity, fairness, and growth.

As both a strategic partner and hands-on operator, you’ll report to the VP of Talent Management and collaborate closely with HR Business Partners, business leaders, and Finance to lead performance cycles, manage compensation frameworks, and support initiatives that strengthen engagement, retention, and development across a growing company of ~1000 employees.

Responsibilities

Performance Management

  • Program manage the end-to-end performance management process, including goal setting, mid-year and year-end reviews, feedback cycles, and calibrations.
  • Manage performance workflows in our HRIS (Wurk), ensuring smooth delivery, adoption, and data integrity.
  • Develop scalable tools, resources, and training to equip managers and employees for impactful, consistent performance conversations.
  • Partner with HRBPs to ensure alignment, consistency, and fairness in evaluation processes across the business.
  • Continuously improve performance philosophy and processes based on internal feedback, outcomes, and best practices.
  • Analyze performance data and trends to drive insight-based decisions and measure program effectiveness.
  • Support company-wide talent reviews through data analysis, performance summaries, and practical program insights.

Compensation & Reward

  • Support the design and administration of compensation programs, including annual merit reviews, bonus/incentive plans, and salary benchmarking.
  • Oversee administration of compensation/rewards programs related to the performance cycle such as RSU issuance and bi-annual promotion and increase requests.
  • Maintain internal compensation structures that support pay equity and market competitiveness.
  • Partner with Finance and HR leadership on annual compensation planning and budgeting cycles.
  • Provide tools and guidance to managers to make fair, data-driven pay decisions.
  • Participate in compensation surveys on behalf of the Company.
  • Align company paid time off programs with overall total rewards strategy, ensuring they are competitive, compliant, and supportive of employee well-being and business goals.
  • Monitor compensation trends and provide insights to influence ongoing pay strategy.

Program Strategy & Enablement

  • Serve as the subject matter expert on performance and rewards, keeping current on market trends, tools, and regulatory changes.
  • Lead or contribute to cross-functional projects aimed at improving the employee experience and aligning with business priorities.
  • Develop communications and change management plans to support program rollouts and ensure understanding and adoption.

Knowledge, Skills, & Abilities

  • Deep understanding of performance management best practices — including goal-setting, feedback, and calibration processes.
  • Strong foundation in compensation strategy — including salary structures, merit cycles, incentive plan design, and pay equity.
  • Familiarity with relevant labor laws and compliance standards (e.g., FLSA, pay transparency legislation).
  • Knowledge of compensation benchmarking and survey methods.

Skills

Performance Management
Compensation Programs
HRIS
Talent Management
Goal Setting
Feedback Cycles
Calibrations
Data Analysis
Employee Engagement
Retention Strategies
Development Programs

TerrAscend

Produces and sells cannabis products and services

About TerrAscend

TerrAscend specializes in producing and selling cannabis products for both medicinal and recreational use. The company grows cannabis plants and processes them into various forms, including dried flower, oils, and edibles, which are then sold through their own retail brands and other distribution channels. Unlike many competitors, TerrAscend has a comprehensive business model that includes cultivation, processing, manufacturing, and retail, allowing them to control the quality of their products from start to finish. Their goal is to provide high-quality cannabis offerings while ensuring compliance with safety and efficacy standards, and they aim to expand their market presence through strategic acquisitions and innovation.

Ontario, CaliforniaHeadquarters
2017Year Founded
$19.9MTotal Funding
IPOCompany Stage
Food & Agriculture, BiotechnologyIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Employee Assistance Program
Paid Parental Leave
Short & Long Term Disability
Flexible Spending Account
Wellness Program
Employee Discount
Paid Vacation

Risks

High competition in Ohio may impact TerrAscend's profitability.
The 12.75% interest rate on debt financing could strain financial resources.
Reliance on promotions like 'Green Wednesday' may indicate inconsistent revenue streams.

Differentiation

TerrAscend is a vertically-integrated cannabis company with a global presence.
The company focuses on both medicinal and recreational cannabis products and services.
TerrAscend's strategic acquisitions enhance its growth and market presence.

Upsides

TerrAscend's entry into Ohio expands its footprint to six states.
The $140M financing strengthens TerrAscend's financial position for future growth.
Innovative product offerings like Legend mini pre-rolls boost brand visibility.

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