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.
Utilization Rate
Related Terms
Multi-Bench Strategy
WorkforceAn approach where subcontractors maintain multiple tiers of qualified crews ready to deploy at different mobilisation levels. It ensures continuity when primary crews are unavailable due to injury, fatigue limits, or competing jobs. Field service companies use it to protect contract performance and avoid costly delays.
Fissured Workplace
WorkforceA 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.
Floater
WorkforceA 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.
Current Employment Statistics (ces)
WorkforceA monthly U.S. Bureau of Labour Statistics survey tracking payroll employment across industries, including oil and gas and construction. Subcontractors use CES data to benchmark labour market trends and adjust crew hiring strategies. Rising CES numbers in your sector often signal tighter labour pools and upward wage pressure.
Loaded Wage Rate
WorkforceAn 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.
Back Wages
WorkforceUnpaid earnings owed to workers for hours already worked. For subcontractors, this often arises from payroll errors, misclassification, or disputed overtime on remote job sites. Unresolved back wage claims can trigger labour audits and project holdbacks.
Latest Workforce News
Contractors Bet on Training as Skilled Labor Stays Scarce
Construction Dive reports that ABC and AGC firms are ramping up apprenticeship, multiskilling and college partnership programs as skilled labor shortages persist despite a softer construction market.
20 hours agoWorkforcePentagon Rebuild Offers Playbook for Compressed Heavy-Civil Schedules
Facilities Dive details how the Pentagon renovation team used short interval production scheduling and integrated project delivery to finish under budget and ahead of a shortened 10-year timeline. The approach offers lessons for today's fast-tracked heavy-civil rebuilds.
yesterdayWorkforceUntapped US Dams Could Add 15.2 TWh of Hydropower, Study Finds
A new Oak Ridge and Idaho National Laboratory study finds existing US dams could generate 15.2 terawatt-hours of additional power through retrofits, pointing to future licensing and construction work at non-powered dams.
yesterdayWorkforceOil and Gas Extraction Jobs Edge Up in August, BLS Data Shows
US oil and gas extraction employment rose from 114,700 in July to 114,900 in August, a rare month-over-month gain that Rigzone notes has only happened three times in the past decade.
4 days agoRelated Guides
When Your Crew's Behaviour Becomes a Business Problem: Managing Field Conduct on Active Subcontracts
What subcontractors are liable for when field personnel create conflict on a GC-managed site, and how to protect your contracts before it becomes a termination issue.
Workforce GuideHow to Get Your First Oilfield Job: A Practical Guide for Tradespeople and CDL Holders
No oilfield experience? No problem. Learn which certifications, service lines, and job boards actually get tradespeople and CDL holders hired.
Workforce GuideFrom the Field to the Office: What Oilfield Workers Should Know Before Making the Switch
Thinking about moving from field work to an office role? This guide covers how your field experience translates into technical and operations positions, what the transition actually looks like, and the trade-offs most people do not talk about until it is too late.
Stay sharp on field operations
Industry news and insights, delivered to your inbox.
Subscribe to FieldNews
