In North America, there is an unprecedented shortage of skilled and professional employees for the oil, gas, and mining industry. A large percentage of the worker population is part of the aging, Baby Boomer generation and is on track to retire. Others are reluctant to make the move because they are required to be away from home for long extended periods with minimal housing options in the area. Additionally, many companies are having trouble securing their existing workers because of poor living conditions at worksites. Aries’ accommodations combat all of these problems.
Aries Residence Suites operates under the strategy of making sure that the time these workers spend at our workforce housing units is not only comfortable, but pleasurable. It’s important to remember that how these employees spend their ‘other 12 hours’ off-site, deeply impacts their work performance when they’re on the job. We will explore how having the best housing accommodations means recruiting the best talent when it comes to the oil and gas industry.
The oil and gas industry is booming and the proof is in the numbers. To understand how vital workforce housing will be over the next 5 to 10 years in these regions, take a look at some of these stats:
- The oil booms across North America have seen the working population grow up to 70% in certain regions.
- A 3% non-retirement turnover rate will add 62,600 to 65,800 job openings between 2013 and 2022.
- By 2022, more than 125,000 to 150,000 new hires will be needed to fill the labor quota.
- The cost to replace one fly-in, fly-out worker can range in the $9,000 to $45,000 range.
So what is the correlation between workforce talent and accommodations?
To attract and retain consistent, valuable employees, it is vital to offer top quality housing. Many of these people are leaving their hometowns and leaving their families behind to seek financial opportunity making it extremelyimportant to create a hospitable environment for them off the job. Having suitable accommodations can increase profitability, improve morale, improve safety, boost productivity, and reduce turnover rates.
Business researchers, like Professor Alan Brown, say, “Housing is highly important, and workers will accept minimum standards. Isolated mining sites are often long flights from cities, and workers typically do 11- or 12-hour shifts for rosters from 7-21 days. Without any town infrastructure, these sites must be comfortable homes with amenities like recreation and premium dining facilities for the other 12 hours.”
It is clear that accommodations are important when it comes to recruiting, and maintaining a strong workforce. Aries strives on this because our priority is comfort and making our workforce housing feel like a home. We don’t just give you a roof over your head and a cot; we provide bedrooms, bathrooms, entertainment centers, professional food service, 24-hour service, and much more. We give you extended stay accommodations beyond the rest. Whether you are in Texas, Oklahoma, or North Dakota, we have consistent accommodation offerings that will draw in the top-quality workers.
Some of our accommodations include:
- Theatre rooms
- Satellite TVs in bedrooms
- Housekeeping 3 times a week
- Linen change once a week
- Laundry facilities
- Dining halls
- Locker and mudrooms
- On-site storage
- 24/7 security
- Fully furnished rooms
- Internet service
- And beyond!
If you believe that Aries could be of service to your organization and provide you with the accommodations you need, please visit us at ariesresidencesuites.com or give us a call at 1-888-598-6689.