FieldNews
Subscribe

Daily oil & gas and construction news for subcontractors

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

Job Openings Rate

Workforce

The percentage of unfilled positions relative to total jobs in a sector at a given time. For subcontractors, a high rate signals strong demand for field crews and leverage in rate negotiations. It helps forecast labour shortages before mobilising for large campaigns.

Labour Burden Rate

Workforce

The total cost of employing a field worker beyond their base wage, expressed as a percentage. It includes CPP (Canada Pension Plan), EI (Employment Insurance), WCB (Workers' Compensation Board) premiums, and benefits. Subcontractors must factor this rate into crew pricing to avoid underbidding contracts.

Floater

Workforce

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.

SJT (Situational Judgment Test)

Workforce

A pre-hire assessment used to evaluate how candidates respond to realistic workplace scenarios. Operators and prime contractors use SJTs to screen field workers for safety judgement and decision-making. Subcontractors may encounter these tests when onboarding crews for client-managed worksites.

CES (Current Employment Statistics)

Workforce

A monthly U.S. Bureau of Labour Statistics survey tracking employment, hours, and earnings across industries. Field service subcontractors use CES data to benchmark wage rates and spot labour market trends. It helps inform bid pricing and crew cost projections in competitive markets.

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.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project byAimsio