Quote:
Originally Posted by Fuzz
I suspect they will be using a lot of contract employees and contracting out work they used to do in house.
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Contract = contingent work force, and yes that's what's happening.
Plus a lot of shorter-term contracts.
High skillset/quality jobs that paid ~$100+/hr even just 18mo ago are now going for $50-70/hr and zero perks. And that's not office jobs, that's running your own vehicle, having your own E&O&liability, own computer/printer/phone, no benefits (except what you choose to pay yourself), still gotta pay taxes, EI, CPP, maybe save a little somehow for RRSP/RESP/TFSA/mortgage/food, etc..., and even at that rate there will be a daily cap, plus working 6/1 shifts, longer, in some remote place and you think you have time to head home to visit family but it's 7-9hrs drive each way.
I'm also hearing of some EPCM's seconding contract workers to the E&P/Midstream/end-users.