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WorkforceGlossary Term

Peak Shaving

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.

Related Terms

Loaded Wage Rate

Workforce

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.

Fissured Workplace

Workforce

A jobsite where work is performed by multiple layers of subcontractors rather than direct employees of the site owner. For field service companies, this means accountability, liability, and payment flow through several parties. Subcontractors must track their position in the contracting chain carefully.

Planning and Scheduling

Workforce

The process of organising crew, equipment, and tasks to meet project timelines and client requirements. Effective scheduling helps subcontractors avoid costly downtime and mobilisation conflicts. It directly impacts labour utilisation, job sequencing, and resource availability across multiple sites.

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.

Onboarding

Workforce

The process a subcontractor completes before starting work for a new client or general contractor. It typically includes submitting insurance, certifications, and banking details for payment setup. Delays in onboarding can push back mobilisation and hold up first invoices.

Utilization Rate

Workforce

The 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.

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