FieldNews
Subscribe

Daily oil & gas and construction news for subcontractors

WorkforceGlossary Term

Geofencing

A virtual boundary set around a job site that triggers automatic alerts when workers or equipment enter or leave. Subcontractors use it to verify on-site attendance, automate timekeeping, and support accurate billing. It also helps clients confirm crew deployment without manual check-ins.

Related Terms

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.

Labour Hoarding

Workforce

Retaining trained field crews on payroll during slow periods to avoid rehiring and recertifying workers when activity resumes. Common in boom-bust cycles, it protects workforce continuity but strains cash flow. Subcontractors must weigh bench costs against the risk of losing certified tradespeople to competitors.

Peak Shaving

Workforce

Strategically deploying extra crews or equipment during high-demand periods to prevent project bottlenecks. Subcontractors are often called in specifically for peak shaving when primary workforces are stretched. It creates short-term contract opportunities but requires rapid mobilisation.

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.

Industrial Action

Workforce

Organised work stoppages or slowdowns by unionised labour, such as strikes or lockouts, that can halt site operations. Subcontractors may face project delays, contract disputes, or force majeure claims as a result. Review your MSA carefully for provisions covering liability during third-party industrial action.

Demand Response

Workforce

A short-notice call-up system where operators request crews or equipment during peak production needs. Subcontractors on demand response agreements must mobilise quickly, often within hours. Rates are typically higher to compensate for the standby commitment.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project byAimsio