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 salaries in Argentina range from 37,000 ARS per month (minimum salary) to 118,000 ARS per month (maximum 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.
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.
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
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.
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.
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
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.
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.
|Job Title||Average Salary|
|Assistant Yard Manager||42,500 ARS||-44%|
|Associate Analyst||46,700 ARS||-38%|
|Associate Landman||19,600 ARS||-74%|
|Auxiliary Equipment Operator||17,900 ARS||-76%|
|Biomass Plant Technician||21,600 ARS||-71%|
|Biomass Power Plant Manager||62,600 ARS||-17%|
|Chemical Plant Operator||34,700 ARS||-54%|
|Chief Contract Compliance Engineer||43,500 ARS||-42%|
|Completions Engineer||42,100 ARS||-44%|
|Cost Controller||32,100 ARS||-57%|
|Crude Oil Marketing Representative||47,500 ARS||-37%|
|Distribution Manager||60,100 ARS||-20%|
|Dragline Operator||19,700 ARS||-74%|
|Driller Offsider||15,400 ARS||-80%|
|Dump Truck Driver||16,600 ARS||-78%|
|Electric and Gas Operations Manager||98,000 ARS||+30%|
|Energy Advisor||63,200 ARS||-16%|
|Energy Analyst||59,100 ARS||-22%|
|Energy Auditor||52,600 ARS||-30%|
|Energy Dispatch Director||74,600 ARS||-1%|
|Energy Technical Assistant||26,100 ARS||-65%|
|Energy Technical Manager||54,100 ARS||-28%|
|Energy Technical Trainer||37,500 ARS||-50%|
|Exploration Manager||76,400 ARS||+1%|
|Field Safety Auditor||46,500 ARS||-38%|
|Fluids Engineer||41,800 ARS||-45%|
|Fuel Cell Engineer||43,200 ARS||-43%|
|Fuel Cell Technician||20,800 ARS||-72%|
|Fuels Handler||20,500 ARS||-73%|
|Gas Compressor Operator||19,300 ARS||-74%|
|Gas Distribution Plant Operator||36,100 ARS||-52%|
|Gas Supply Manager||67,700 ARS||-10%|
|Geothermal Production Manager||69,800 ARS||-8%|
|Geothermal Technician||28,900 ARS||-62%|
|HSE Engineer||41,400 ARS||-45%|
|HSE Officer||25,500 ARS||-66%|
|HSEQ Administrator||30,100 ARS||-60%|
|Instrument Designer||32,900 ARS||-56%|
|Lead Technical Field Advisor||54,300 ARS||-28%|
|Logistics and Tool Coordinator||36,700 ARS||-51%|
|Maintenance Engineer||42,000 ARS||-44%|
|Maintenance Superintendent||38,900 ARS||-48%|
|Material Controller||28,400 ARS||-62%|
|Mine Engineer||39,800 ARS||-47%|
|Mine Surveyor||45,800 ARS||-39%|
|Mining Project Administrator||37,000 ARS||-51%|
|Mining Project Assistant||30,400 ARS||-60%|
|Mining Project Controls Consultant||48,600 ARS||-36%|
|Mining Project Coordinator||37,000 ARS||-51%|
|Mining Project Engineer||42,200 ARS||-44%|
|Mining Project Manager||52,100 ARS||-31%|
|Mining Site Manager||59,000 ARS||-22%|
|Mining Team Leader||46,900 ARS||-38%|
|NDT Technician||27,000 ARS||-64%|
|Oil Service Unit Operator||23,300 ARS||-69%|
|Oil Trader||53,200 ARS||-29%|
|Oilwell Pumper||15,600 ARS||-79%|
|Petroleum Engineer||47,300 ARS||-37%|
|Petroleum Geologist||75,500 ARS||+0%|
|Petroleum Pump System Operator||23,600 ARS||-69%|
|Pipeline Technician||16,300 ARS||-78%|
|Power Coordinator||25,300 ARS||-66%|
|Power Plant Operations Manager||84,000 ARS||+11%|
|Power Plant Operator||36,400 ARS||-52%|
|Radio Operator||18,900 ARS||-75%|
|Reliability Engineer||43,700 ARS||-42%|
|Reservoir Engineer||40,900 ARS||-46%|
|Risk Analyst||50,400 ARS||-33%|
|Shutdown Engineer||35,300 ARS||-53%|
|Solar Energy Installation Manager||64,300 ARS||-15%|
|Solar Energy Systems Engineer||45,700 ARS||-39%|
|Solar Photovoltaic Installer||29,100 ARS||-61%|
|Solar Thermal Technician||25,300 ARS||-66%|
|Supply Operations Manager||68,600 ARS||-9%|
|Sustainability Specialist||67,900 ARS||-10%|
|System Development Advisor||50,000 ARS||-34%|
|Tanker Truck Driver||17,500 ARS||-77%|
|Utility Operator||23,800 ARS||-68%|
|Wind Energy Project Manager||57,700 ARS||-24%|
|Bahia Blanca||74,700 ARS|
|Buenos Aires||81,700 ARS|
|La Plata||78,800 ARS|
|Mar del Plata||81,900 ARS|
|San Juan||73,200 ARS|
|San Miguel de Tucuman||83,300 ARS|
|Santa Fe||83,200 ARS|
|Santiago del Estero||79,400 ARS|
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.