A person working as a Petroleum Geologist in Jersey typically earns around 9,100 GBP per month. Salaries range from 4,190 GBP (lowest) to 14,500 GBP (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 Jersey range from 4,190 GBP per month (minimum salary) to 14,500 GBP per month (maximum salary).
The median salary is 9,830 GBP per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 9,830 GBP while the other half are earning more than 9,830 GBP. 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 6,310 GBP while 75% of them are earning more than 6,310 GBP. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 13,100 GBP while 25% are earning more than 13,100 GBP.
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 4,750 GBP per month.
While someone with an experience level between two and five years is expected to earn 6,350 GBP per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 9,380 GBP per month, 48% 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 11,400 GBP per month, 22% 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 12,500 GBP per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 13,500 GBP per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 5,420 GBP per month.
While someone with a Master's Degree gets a salary of 8,500 GBP per month, 57% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 14,300 GBP per month, 68% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Jersey costs anywhere from 25,800 Pound Sterling(s) to 77,300 Pound Sterling(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 Jersey earn 19% more than their female counterparts on average.
Petroleum Geologist(s) in Jersey are likely to observe a salary increase of approximately 10% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 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 Jersey 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.
57% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 43% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% 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 96% 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||4,880 GBP||-46%|
|Associate Analyst||5,280 GBP||-42%|
|Associate Landman||2,220 GBP||-76%|
|Auxiliary Equipment Operator||1,970 GBP||-78%|
|Biomass Plant Technician||2,290 GBP||-75%|
|Biomass Power Plant Manager||6,620 GBP||-27%|
|Chemical Plant Operator||4,170 GBP||-54%|
|Chief Contract Compliance Engineer||5,360 GBP||-41%|
|Completions Engineer||4,730 GBP||-48%|
|Cost Controller||3,610 GBP||-60%|
|Crude Oil Marketing Representative||5,230 GBP||-43%|
|Distribution Manager||6,510 GBP||-28%|
|Dragline Operator||2,380 GBP||-74%|
|Driller Offsider||1,710 GBP||-81%|
|Dump Truck Driver||1,960 GBP||-78%|
|Electric and Gas Operations Manager||10,900 GBP||+20%|
|Energy Advisor||7,500 GBP||-18%|
|Energy Analyst||7,140 GBP||-22%|
|Energy Auditor||6,340 GBP||-30%|
|Energy Dispatch Director||8,250 GBP||-9%|
|Energy Technical Assistant||3,020 GBP||-67%|
|Energy Technical Manager||6,200 GBP||-32%|
|Energy Technical Trainer||4,230 GBP||-54%|
|Exploration Manager||8,440 GBP||-7%|
|Field Safety Auditor||5,300 GBP||-42%|
|Fluids Engineer||4,530 GBP||-50%|
|Fuel Cell Engineer||5,250 GBP||-42%|
|Fuel Cell Technician||2,520 GBP||-72%|
|Fuels Handler||2,270 GBP||-75%|
|Gas Compressor Operator||2,090 GBP||-77%|
|Gas Distribution Plant Operator||3,900 GBP||-57%|
|Gas Supply Manager||7,450 GBP||-18%|
|Geothermal Production Manager||8,150 GBP||-10%|
|Geothermal Technician||3,360 GBP||-63%|
|HSE Engineer||4,830 GBP||-47%|
|HSE Officer||2,960 GBP||-67%|
|HSEQ Administrator||3,630 GBP||-60%|
|Instrument Designer||3,970 GBP||-56%|
|Lead Technical Field Advisor||6,690 GBP||-26%|
|Logistics and Tool Coordinator||4,330 GBP||-52%|
|Maintenance Engineer||4,890 GBP||-46%|
|Maintenance Superintendent||4,480 GBP||-51%|
|Material Controller||3,350 GBP||-63%|
|Mine Engineer||4,820 GBP||-47%|
|Mine Surveyor||5,540 GBP||-39%|
|Mining Project Administrator||4,210 GBP||-54%|
|Mining Project Assistant||3,430 GBP||-62%|
|Mining Project Controls Consultant||5,470 GBP||-40%|
|Mining Project Coordinator||4,120 GBP||-55%|
|Mining Project Engineer||4,670 GBP||-49%|
|Mining Project Manager||6,330 GBP||-30%|
|Mining Site Manager||6,230 GBP||-32%|
|Mining Team Leader||4,960 GBP||-45%|
|NDT Technician||3,040 GBP||-67%|
|Oil Service Unit Operator||2,620 GBP||-71%|
|Oil Trader||6,070 GBP||-33%|
|Oilwell Pumper||1,890 GBP||-79%|
|Petroleum Engineer||5,270 GBP||-42%|
|Petroleum Geologist||9,100 GBP||+0%|
|Petroleum Pump System Operator||2,780 GBP||-69%|
|Pipeline Technician||1,960 GBP||-78%|
|Power Coordinator||2,950 GBP||-68%|
|Power Plant Operations Manager||9,120 GBP||+0%|
|Power Plant Operator||4,170 GBP||-54%|
|Radio Operator||2,140 GBP||-76%|
|Reliability Engineer||4,810 GBP||-47%|
|Reservoir Engineer||4,510 GBP||-50%|
|Risk Analyst||5,870 GBP||-35%|
|Shutdown Engineer||4,170 GBP||-54%|
|Solar Energy Installation Manager||6,960 GBP||-24%|
|Solar Energy Systems Engineer||4,930 GBP||-46%|
|Solar Photovoltaic Installer||3,140 GBP||-65%|
|Solar Thermal Technician||3,010 GBP||-67%|
|Supply Operations Manager||7,790 GBP||-14%|
|Sustainability Specialist||7,860 GBP||-14%|
|System Development Advisor||5,520 GBP||-39%|
|Tanker Truck Driver||1,850 GBP||-80%|
|Utility Operator||2,680 GBP||-71%|
|Wind Energy Project Manager||6,840 GBP||-25%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Jersey earn 25% more than their private sector counterparts on average across all sectors.