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Workforce Glossary Term

Floater

A skilled tradesperson or technician not assigned to a fixed crew or project, deployed where needed on short notice. Subcontractors often bill floaters at a premium rate due to their flexibility and quick availability.

Related Terms

Field-to-Office Ratio

Workforce

The number of field workers supported by each administrative/office employee. A ratio of 10:1 is common for paper-based operations; digitized operations often achieve 30:1 to 40:1.

Spare Capacity

Workforce

The portion of a subcontractor's available workforce, equipment, or service hours that is not currently committed to active contracts, representing untapped revenue potential that can be offered to clients on short notice or used to absorb surge demand without turning down work.

Rotational Worker

Workforce

A field worker employed on a fixed schedule of alternating work and rest periods, such as 14 days on and 14 days off. Subcontractors must account for rotation cycles when planning crew mobilisation and maintaining consistent headcount on site.

Load Forecast

Workforce

A projection of anticipated workload volume over a set period, used to plan crew levels and equipment needs. Subcontractors rely on load forecasts to avoid understaffing during peak demand or carrying idle workers in slow periods.

Energy Wheel

Workforce

A visual planning tool showing seasonal cycles of activity across oil & gas and construction sectors. Subcontractors use it to anticipate busy periods, align crew availability, and time equipment investments. It helps field service companies reduce downtime between contracts.

Fly-In/fly-Out (fifo)

Workforce

A rotation model where workers are flown to remote job sites for a set number of days, then returned home. Subcontractors must account for mobilisation costs and crew availability when bidding FIFO contracts. Rotation schedules vary widely, such as 14 days on and 14 days off.

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