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WorkforceGlossary Term

Fly-In/fly-Out (fifo)

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.

Related Terms

Remote Loading

Workforce

A payroll method where crew wages are loaded directly onto pay cards or accounts without physical cheques. Common on remote sites where workers have no bank access. Subcontractors must confirm platform compatibility with their payroll systems before mobilisation.

BLS (Bureau of Labor Statistics)

Workforce

A U.S. federal agency that tracks wage rates, employment trends, and labour costs by trade and region. Subcontractors use BLS data to benchmark crew rates and support bid pricing. It also publishes injury and fatality statistics relevant to oil and gas and construction fields.

JOLTS (Job Openings and Labour Turnover Survey)

Workforce

A monthly U.S. Bureau of Labor Statistics report tracking job openings, hires, and separations across industries. Field service contractors use it to benchmark labour demand and anticipate competition for skilled tradespeople. Rising JOLTS numbers often signal tighter crew availability and upward pressure on wage rates.

Churn

Workforce

The rate at which workers leave and must be replaced within a field crew or subcontractor roster. High churn drives up recruiting and onboarding costs, disrupts project continuity, and strains client relationships.

SPARK (Spreading Prosperity and Advancing Resilience With Knowledge)

Workforce

A federal initiative aimed at strengthening economic opportunity and business resilience for trades and service contractors. It supports workforce training, skills development, and financial stability programmes. Subcontractors may access funding or resources through SPARK to grow capacity and weather market downturns.

Planned Labour Percentage

Workforce

The portion of a project's total budget allocated to labour costs, expressed as a percentage. Subcontractors use it to bid competitively and protect margins. Tracking it against actual labour spend reveals cost overruns early.

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