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Petroleum Geologist Average Salary in Argentina 2021

How much money does a Petroleum Geologist make in Argentina?


Average Monthly Salary
75,500 ARS
( 906,000 ARS yearly)

LOW
37,000
ARS
AVERAGE
75,500
ARS
HIGH
118,000
ARS

A person working as a Petroleum Geologist in Argentina typically earns around 75,500 ARS per month. Salaries range from 37,000 ARS (lowest) to 118,000 ARS (highest).

This is the average monthly salary including housing, transport, and other benefits. Petroleum Geologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Petroleum Geologist Salary Distribution in Argentina

Median and salary distribution monthly Argentina Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Argentina range from 37,000 ARS per month (minimum salary) to 118,000 ARS per month (maximum salary).

  • Median Salary

    The median salary is 77,000 ARS per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 77,000 ARS while the other half are earning more than 77,000 ARS. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Petroleum Geologist(s) are earning less than 51,300 ARS while 75% of them are earning more than 51,300 ARS. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 99,300 ARS while 25% are earning more than 99,300 ARS.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Petroleum Geologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Argentina Petroleum Geologist
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Petroleum Geologist salaries by experience level and this is what we found.

A Petroleum Geologist with less than two years of experience makes approximately 43,800 ARS per month.

While someone with an experience level between two and five years is expected to earn 56,400 ARS per month, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 77,800 ARS per month, 38% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 96,300 ARS per month, 24% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 103,000 ARS per month, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 110,000 ARS per month, 7% more than people with fifteen to twenty years of experience.


Petroleum Geologist average salary change by experience in Argentina

0 - 2 Years
43,800 ARS
2 - 5 Years+29%
56,400 ARS
5 - 10 Years+38%
77,800 ARS
10 - 15 Years+24%
96,300 ARS
15 - 20 Years+7%
103,000 ARS
20+ Years+7%
110,000 ARS
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Petroleum Geologist Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Petroleum Geologist(s) who have the same experience but different education levels.

Salary comparison by education level monthly Argentina Petroleum Geologist
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Petroleum Geologist salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Petroleum Geologist is 51,500 ARS per month.

While someone with a Master's Degree gets a salary of 70,900 ARS per month, 38% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 116,000 ARS per month, 64% more than someone with a Master's Degree.


Petroleum Geologist average salary difference by education level in Argentina

Bachelor's Degree
51,500 ARS
Master's Degree+38%
70,900 ARS
PhD+64%
116,000 ARS
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Argentina costs anywhere from 226,000 Argentine Peso(s) to 677,000 Argentine Peso(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Petroleum Geologist Salary Comparison By Gender

Salary comparison by gender monthly Argentina Petroleum Geologist
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Petroleum Geologist employees in Argentina earn 7% more than their female counterparts on average.

Male
77,600 ARS
Female-6%
72,600 ARS
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Argentina for all Careers

Salary comparison by gender monthly Argentina
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Petroleum Geologist Average Annual Salary Increment Percentage in Argentina

How much are annual salary increments in Argentina for Petroleum Geologist(s)? How often do employees get salary raises?

Petroleum Geologist

Petroleum Geologist(s) in Argentina are likely to observe a salary increase of approximately 14% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Argentina Petroleum Geologist
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Argentina / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Argentina is 6%.

Annual Increment Rate By Industry 2020

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Argentina for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Petroleum Geologist Bonus and Incentive Rates in Argentina

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Argentina Petroleum Geologist
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A Petroleum Geologist is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

44% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 56% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
56%
No Bonus
44%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Petroleum Geologist Average Hourly Wage in Argentina


440 ARS per hour

The average hourly wage (pay per hour) in Argentina is 440 ARS. This means that the average Petroleum Geologist in Argentina earns approximately 440 ARS for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Petroleum Geologist VS Other Jobs

Salary Comparison Between Petroleum Geologist and Oil  / Gas / Energy / Mining monthly Argentina
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The average salary for Petroleum Geologist is 86% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager42,500 ARS-44%
Associate Analyst46,700 ARS-38%
Associate Landman19,600 ARS-74%
Auxiliary Equipment Operator17,900 ARS-76%
Biomass Plant Technician21,600 ARS-71%
Biomass Power Plant Manager62,600 ARS-17%
Chemical Plant Operator34,700 ARS-54%
Chief Contract Compliance Engineer43,500 ARS-42%
Completions Engineer42,100 ARS-44%
Cost Controller32,100 ARS-57%
Crude Oil Marketing Representative47,500 ARS-37%
Dispatcher17,800 ARS-76%
Distribution Manager60,100 ARS-20%
Dragline Operator19,700 ARS-74%
Driller Offsider15,400 ARS-80%
Dump Truck Driver16,600 ARS-78%
Electric and Gas Operations Manager98,000 ARS+30%
Energy Advisor63,200 ARS-16%
Energy Analyst59,100 ARS-22%
Energy Auditor52,600 ARS-30%
Energy Dispatch Director74,600 ARS-1%
Energy Technical Assistant26,100 ARS-65%
Energy Technical Manager54,100 ARS-28%
Energy Technical Trainer37,500 ARS-50%
Exploration Manager76,400 ARS+1%
Field Safety Auditor46,500 ARS-38%
Fluids Engineer41,800 ARS-45%
Fuel Cell Engineer43,200 ARS-43%
Fuel Cell Technician20,800 ARS-72%
Fuels Handler20,500 ARS-73%
Gas Compressor Operator19,300 ARS-74%
Gas Distribution Plant Operator36,100 ARS-52%
Gas Supply Manager67,700 ARS-10%
Geologist73,200 ARS-3%
Geophysicist79,200 ARS+5%
Geothermal Production Manager69,800 ARS-8%
Geothermal Technician28,900 ARS-62%
HSE Engineer41,400 ARS-45%
HSE Officer25,500 ARS-66%
HSEQ Administrator30,100 ARS-60%
Inspector37,900 ARS-50%
Instructor35,400 ARS-53%
Instrument Designer32,900 ARS-56%
Lead Technical Field Advisor54,300 ARS-28%
Logistics and Tool Coordinator36,700 ARS-51%
Maintenance Engineer42,000 ARS-44%
Maintenance Superintendent38,900 ARS-48%
Material Controller28,400 ARS-62%
Mine Engineer39,800 ARS-47%
Mine Surveyor45,800 ARS-39%
Mining Project Administrator37,000 ARS-51%
Mining Project Assistant30,400 ARS-60%
Mining Project Controls Consultant48,600 ARS-36%
Mining Project Coordinator37,000 ARS-51%
Mining Project Engineer42,200 ARS-44%
Mining Project Manager52,100 ARS-31%
Mining Site Manager59,000 ARS-22%
Mining Team Leader46,900 ARS-38%
NDT Technician27,000 ARS-64%
Oil Service Unit Operator23,300 ARS-69%
Oil Trader53,200 ARS-29%
Oilwell Pumper15,600 ARS-79%
Petroleum Engineer 47,300 ARS-37%
Petroleum Geologist75,500 ARS+0%
Petroleum Pump System Operator23,600 ARS-69%
Pipeline Technician16,300 ARS-78%
Power Coordinator25,300 ARS-66%
Power Plant Operations Manager84,000 ARS+11%
Power Plant Operator36,400 ARS-52%
Radio Operator18,900 ARS-75%
Reliability Engineer43,700 ARS-42%
Reservoir Engineer40,900 ARS-46%
Risk Analyst50,400 ARS-33%
Roughneck43,800 ARS-42%
Scaffolder27,700 ARS-63%
Shutdown Engineer35,300 ARS-53%
Solar Energy Installation Manager64,300 ARS-15%
Solar Energy Systems Engineer45,700 ARS-39%
Solar Photovoltaic Installer29,100 ARS-61%
Solar Thermal Technician25,300 ARS-66%
Supply Operations Manager68,600 ARS-9%
Sustainability Specialist67,900 ARS-10%
System Development Advisor50,000 ARS-34%
Tanker Truck Driver17,500 ARS-77%
Utility Operator23,800 ARS-68%
Wind Energy Project Manager57,700 ARS-24%

Salary Comparison By City

CityAverage Salary
Avellaneda72,200 ARS
Bahia Blanca74,700 ARS
Buenos Aires81,700 ARS
Cordoba87,100 ARS
Corrientes79,600 ARS
La Plata78,800 ARS
Lanus74,400 ARS
Mar del Plata81,900 ARS
Mendoza71,200 ARS
Neuquen73,000 ARS
Quilmes77,200 ARS
Resistencia76,600 ARS
Rosario84,100 ARS
Salta78,200 ARS
San Juan73,200 ARS
San Miguel de Tucuman83,300 ARS
Santa Fe83,200 ARS
Santiago del Estero79,400 ARS

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Argentina earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
43,600 ARS
Public Sector+7%
46,400 ARS
Percentage increase and decrease are relative to the previous value

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