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01-26-23 | News

State of Landscape Industry Survey Results Released

Second Annual Industry Survey
by Staff

The survey shows how professionals better prepare for the upcoming year.

According to the survey, 96% of landscaping businesses reported a yearly increase in revenue in 2022 while 51% were unable to fill vacant positions. This is a substantial decrease from last year's survey when 92% of those surveyed stated that they were struggling to find employees. With employee hiring and retention a key challenge, this year's study also showed that 58% reported that they allow new hires to work without training to still get the job done.

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The study goes on to show that finding and keeping qualified labor was the major challenge to grow their business over the course of the past year. 84% of those surveyed said that this was their biggest challenge while 69% said that rising costs were their greatest challenge. Other challenges companies faced were lower priced competitors (28%), maintaining equipment (23%), and managing cash flow (22%).

Meanwhile, amidst inflation, the survey still shows that 76% of respondents have had to offer raises to keep employees while 80% have implemented a bonus program.

The proprietary survey and report are a part of their educational programs to help professionals be more successful.

Filed Under: BUSINESS, LANDSCAPE, OUTLOOK, LASN
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