2023 AMC Talent &Technology Survey

The landscape of Canadian agricultural equipment manufacturing continues to thrive, boasting annual revenues surpassing the $8 billion mark. Within Canada’s diverse manufacturing sectors, agricultural equipment manufacturing has emerged as a distinct center of innovation and economic activity, and the insights are endless. Enter the 2023 AMC Talent & Technology Survey.

Last quarter, we asked more than 250 member companies who export more than $3.74 billion annually in agricultural implements to 158 countries to participate and share what impacts our industry to help get to the root of what’s to come in 2024. Our motivation is simple: to collaborate effectively with governments at all levels, we needed a comprehensive understanding of the workforce dynamics, challenges, and successes within our members’ organizations. Those who participated in the survey have already received the full results, offering them valuable insights into their workforce strategies. In this edition of the Fall/Winter Implement Success release, we are pleased to share the following snapshot of the survey results.

Participant Profile

Bridging Talent & Technology

From Recruitment to Retention

Bridging Talent & Technology

• More than 60% of respondents increased their investments in technology and equipment, and over 35% of this group reported a simultaneous uptick in their utilization of digital technology and automation within their operations.

• Investment in software was a priority in 2023. Members saw the most value in cloud solutions, collaborative tools, security software, and artificial intelligence.

• While investment and technology adoption has increased, only 34% of members found it essential to develop/train employees to implement these changes.

HR Trends by the Numbers

• 38% - Have established a DEI (Diversity, Equity & Inclusion) policy.

• 20% - Implemented dedicated strategies to recruit women to their workforce. 59% - Of employers offer opportunities for their employees to work remotely a few days a week where possible.

YOY Employee Number Trends:

Top Recruiting Strategies:

60% 32% 8% Increase Maintained Reduced

Expected Employee Number Trends for 2024:

50% 49% 29%

Job Boards Website Referral

In-demand, Non-seasonal Role Recruiting Timelines:

62% 32% 6% Hire Preserve Redundant

68% 20% 12% up to 3 mo up to 6 mo up to 12 mo