A person working as a Petroleum Geologist in India typically earns around 52,300 INR per month. Salaries range from 25,600 INR (lowest) to 81,500 INR (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 India range from 25,600 INR per month (minimum salary) to 81,500 INR per month (maximum salary).
The median salary is 53,300 INR per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 53,300 INR while the other half are earning more than 53,300 INR. 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 35,500 INR while 75% of them are earning more than 35,500 INR. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 68,800 INR while 25% are earning more than 68,800 INR.
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 30,400 INR per month.
While someone with an experience level between two and five years is expected to earn 39,000 INR 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 53,800 INR 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 66,700 INR 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 71,400 INR 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 76,200 INR 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 35,700 INR per month.
While someone with a Master's Degree gets a salary of 49,100 INR per month, 38% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 80,400 INR per month, 64% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in India costs anywhere from 160,000 Indian Rupee(s) to 479,000 Indian Rupee(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 India earn 12% more than their female counterparts on average.
Petroleum Geologist(s) in India are likely to observe a salary increase of approximately 14% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 16 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 India 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.
42% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 58% 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 82% 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||28,000 INR||-46%|
|Associate Analyst||31,700 INR||-39%|
|Associate Landman||13,300 INR||-75%|
|Auxiliary Equipment Operator||11,900 INR||-77%|
|Biomass Plant Technician||14,300 INR||-73%|
|Biomass Power Plant Manager||40,900 INR||-22%|
|Chemical Plant Operator||23,800 INR||-54%|
|Chief Contract Compliance Engineer||30,400 INR||-42%|
|Completions Engineer||27,700 INR||-47%|
|Cost Controller||21,100 INR||-60%|
|Crude Oil Marketing Representative||31,300 INR||-40%|
|Distribution Manager||40,400 INR||-23%|
|Dragline Operator||13,800 INR||-74%|
|Driller Offsider||10,500 INR||-80%|
|Dump Truck Driver||11,400 INR||-78%|
|Electric and Gas Operations Manager||66,500 INR||+27%|
|Energy Advisor||44,700 INR||-14%|
|Energy Analyst||41,300 INR||-21%|
|Energy Auditor||36,400 INR||-30%|
|Energy Dispatch Director||50,100 INR||-4%|
|Energy Technical Assistant||18,100 INR||-65%|
|Energy Technical Manager||35,600 INR||-32%|
|Energy Technical Trainer||25,200 INR||-52%|
|Exploration Manager||50,800 INR||-3%|
|Field Safety Auditor||32,900 INR||-37%|
|Fluids Engineer||28,100 INR||-46%|
|Fuel Cell Engineer||30,900 INR||-41%|
|Fuel Cell Technician||14,700 INR||-72%|
|Fuels Handler||13,500 INR||-74%|
|Gas Compressor Operator||12,800 INR||-76%|
|Gas Distribution Plant Operator||23,800 INR||-54%|
|Gas Supply Manager||44,200 INR||-15%|
|Geothermal Production Manager||49,900 INR||-4%|
|Geothermal Technician||20,400 INR||-61%|
|HSE Engineer||29,300 INR||-44%|
|HSE Officer||17,800 INR||-66%|
|HSEQ Administrator||20,700 INR||-60%|
|Instrument Designer||22,800 INR||-56%|
|Lead Technical Field Advisor||38,000 INR||-27%|
|Logistics and Tool Coordinator||25,200 INR||-52%|
|Maintenance Engineer||29,700 INR||-43%|
|Maintenance Superintendent||26,100 INR||-50%|
|Material Controller||19,500 INR||-63%|
|Mine Engineer||28,100 INR||-46%|
|Mine Surveyor||32,100 INR||-39%|
|Mining Project Administrator||25,700 INR||-51%|
|Mining Project Assistant||20,400 INR||-61%|
|Mining Project Controls Consultant||32,300 INR||-38%|
|Mining Project Coordinator||25,700 INR||-51%|
|Mining Project Engineer||28,100 INR||-46%|
|Mining Project Manager||37,200 INR||-29%|
|Mining Site Manager||38,500 INR||-26%|
|Mining Team Leader||30,900 INR||-41%|
|NDT Technician||17,800 INR||-66%|
|Oil Service Unit Operator||15,200 INR||-71%|
|Oil Trader||37,600 INR||-28%|
|Oilwell Pumper||10,900 INR||-79%|
|Petroleum Engineer||32,800 INR||-37%|
|Petroleum Geologist||52,300 INR||+0%|
|Petroleum Pump System Operator||16,200 INR||-69%|
|Pipeline Technician||11,200 INR||-79%|
|Power Coordinator||18,100 INR||-65%|
|Power Plant Operations Manager||57,000 INR||+9%|
|Power Plant Operator||23,800 INR||-54%|
|Radio Operator||12,800 INR||-76%|
|Reliability Engineer||28,500 INR||-45%|
|Reservoir Engineer||26,900 INR||-49%|
|Risk Analyst||35,600 INR||-32%|
|Shutdown Engineer||24,200 INR||-54%|
|Solar Energy Installation Manager||42,800 INR||-18%|
|Solar Energy Systems Engineer||30,100 INR||-42%|
|Solar Photovoltaic Installer||19,000 INR||-64%|
|Solar Thermal Technician||18,100 INR||-65%|
|Supply Operations Manager||47,500 INR||-9%|
|Sustainability Specialist||46,600 INR||-11%|
|System Development Advisor||33,300 INR||-36%|
|Tanker Truck Driver||11,400 INR||-78%|
|Utility Operator||15,700 INR||-70%|
|Wind Energy Project Manager||40,400 INR||-23%|
|Andaman & Nicobar Islands||45,000 INR|
|Andhra Pradesh||56,400 INR|
|Arunachal Pradesh||51,100 INR|
|Dadra & Nagar Haveli||46,100 INR|
|Daman & Diu||43,700 INR|
|Himachal Pradesh||54,100 INR|
|Jammu & Kashmir||53,800 INR|
|Madhya Pradesh||59,900 INR|
|Tamil Nadu||59,000 INR|
|Uttar Pradesh||63,500 INR|
|West Bengal||60,200 INR|
Where can you get paid more, working for a private company or for the government? Public sector employees in India earn 5% more than their private sector counterparts on average across all sectors.