An employee's base hourly wage plus all associated costs the employer bears, such as payroll taxes, benefits, and insurance. Subcontractors use this figure to accurately price labour when bidding jobs or building crew budgets. Billing clients only the base wage without loading costs is a common cause of margin loss.
Loaded Wage Rate
Related Terms
Energy Workforce & Technology Council (ewtc)
WorkforceA U.S.-based industry association representing energy sector employers and workforce development initiatives. For subcontractors, it publishes training standards and competency frameworks used by operators to qualify field crews. Membership can signal credibility when bidding on contracts with major energy clients.
Utilization Rate
WorkforceThe percentage of available working hours that crews or equipment are actively billable to a client. A low utilisation rate signals idle resources draining overhead costs. Subcontractors track this metric closely to assess profitability across projects.
Skilled Trades Pipeline
WorkforceA roster of pre-vetted tradespeople a subcontractor can mobilise quickly for upcoming projects. It includes workers at various certification levels, from apprentices to journeypersons. Maintaining a strong pipeline reduces downtime between contracts and supports rapid crew scaling.
Registered Apprenticeship
WorkforceA provincially recognised training program combining paid on-the-job hours with technical schooling to certify tradespeople. Subcontractors hiring apprentices must meet regulated journeyperson-to-apprentice ratios on site. Completing the program earns workers a Red Seal or provincial trade certificate recognised across Canada.
Wrench Time
WorkforceThe percentage of a technician's shift spent on hands-on productive work versus travel, waiting, or admin tasks. For subcontractors, low wrench time means billing inefficiencies and reduced daily output. Clients often track it to evaluate crew productivity on site.
Remote Loading
WorkforceA 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.
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