When the time comes to buy offshore oil rig living quarters, it’s crucial that you take the time to consider how they’ll impact every facet of your workers’ living conditions. It’s not enough to provide the minimum requirements — this is one place you don’t want to be cutting costs to the bone or pinch every possible penny. Before your next purchase impacting worker living conditions, make sure you have these eight points in mind.
1) Basic Morale
At the most basic level, it’s clear that the quality of worker living conditions will impact morale over time. If you get off work and still have to deal with the frustrations and discomforts of an ill-equipped workplace, you’re going to be unhappy—even if you’re satisfied with the compensation you’re receiving. On the other hand, good living conditions work as non-monetary compensation to make you more satisfied and energetic on a daily basis, making for better employees across a wide array of metrics.
2) Sleep quality
If your workers can’t sleep well, they’re not going to work well. The impacts of poor sleep on work performance have been thoroughly researched and documented. At a relatively dangerous workplace like an oil rig, those mistakes and slips in performance can have massive consequences. Good living quarters provide the right conditions for workers to sleep when they need to—even if there’s still a good deal going on around them.
Just looking at the question of sleep quality and stress, we can see how quickly living quarters might impact worker health. Go a few steps further, and you’ll see issues of safety, difficulty maintaining sanitation, air quality, and other problems which might directly impact worker health. As bad as a sickly workforce might be anywhere else, the problems of dealing with health issues offshore pushes this from annoyance to potentially disastrous.
If it’s not easy or pleasant to maintain good hygiene. For example, if showers are unpleasant, then not everyone is going to. It’s disappointing, but its basic human nature. Once people start to slip on hygiene, health, and morale, in turn, will slip. It also creates a far less appealing work environment for new hires and people skilled enough to find work elsewhere (as we’ll discuss next).
Living quarters may not become an immediate issue for most workers, but over time the frustrations of bad quarters will increase worker turnover. It’s quite simple; no one wants to be miserable off the clock too, no matter how rugged and determined they may be on the clock. Compensation can only go so far. Thus, the quality of worker living conditions directly impacts your rate of employee turnover—especially when looking at your most talented and driven employees, who likely have other options.
If you can brag about the quality of living conditions on your rig, then that’s something you can use to hire better employees cheaper. It’s one of those factors which offers benefits to your company disproportionate to the cost; you can maintain a superior workforce at a lower rate of compensation, so long as you’re providing a nicer place to live off hours than your competitors. If you want to secure superior talent without paying excessively or risking high turnover, invest in good living conditions. It will pay for itself.
All the things we discussed earlier, plus problems like maintenance and equipment failures, tie into determining how much you’re spending on insurance: for your rig, equipment, and your workers’ health. All of it. If you can present a superior, safer, more reliable face to the world, then you can accordingly negotiate lower insurance premiums, saving you money over time. It also makes it far less likely you’ll need to leverage your insurance, the one thing which will inevitably drive up insurance expenses across the board.
8) PR and marketing
If you can point to your workers living conditions with pride, that’s something you can utilize in marketing and public relations. It can be leveraged to appeal to investors, gain equity with the public, and insulate you against the inevitable occasional bad press. On the other side of the equation, poor living conditions can become a PR nightmare, exploding into a story disproportionate to the problem. No one wants to invest in a company in the headlines for poor worker treatment, regardless of how accurate those headlines may be. Make your living quarters a point of pride, and let them pay for themselves.
As you can see, there are a lot of factors which ultimately tie back to the quality of the living quarters you’ve chosen to house your employees in. It’s a unique problem to face as a business, but also an opportunity. Good quarters can have as strong a positive impact on your bottom line as bad quarters might have a negative. Take your time, and pick the best option for you and your workers.