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Oil / Gas / Energy / Mining Average Salaries in Laos 2020

How much money does a person working in Oil / Gas / Energy / Mining make in Laos?


Average Monthly Salary
4,100,000 LAK
( 49,200,000 LAK yearly)

LOW
1,490,000
LAK
AVERAGE
4,100,000
LAK
HIGH
9,480,000
LAK

A person working in Oil / Gas / Energy / Mining in Laos typically earns around 4,100,000 LAK per month. Salaries range from 1,490,000 LAK (lowest average) to 9,480,000 LAK (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Oil / Gas / Energy / Mining careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Yard Manager3,990,000 LAK
Associate Analyst4,830,000 LAK
Associate Landman2,030,000 LAK
Auxiliary Equipment Operator1,820,000 LAK
Biomass Plant Technician2,090,000 LAK
Biomass Power Plant Manager6,100,000 LAK
Chemical Plant Operator3,530,000 LAK
Chief Contract Compliance Engineer4,500,000 LAK
Completions Engineer4,030,000 LAK
Cost Controller3,230,000 LAK
Crude Oil Marketing Representative4,640,000 LAK
Dispatcher1,840,000 LAK
Distribution Manager5,900,000 LAK
Dragline Operator1,980,000 LAK
Driller Offsider1,470,000 LAK
Dump Truck Driver1,730,000 LAK
Electric and Gas Operations Manager9,360,000 LAK
Energy Advisor6,760,000 LAK
Energy Analyst6,240,000 LAK
Energy Auditor5,590,000 LAK
Energy Dispatch Director7,180,000 LAK
Energy Technical Assistant2,610,000 LAK
Energy Technical Manager5,070,000 LAK
Energy Technical Trainer3,720,000 LAK
Exploration Manager7,410,000 LAK
Field Safety Auditor4,920,000 LAK
Fluids Engineer4,110,000 LAK
Fuel Cell Engineer4,730,000 LAK
Fuel Cell Technician2,080,000 LAK
Fuels Handler2,010,000 LAK
Gas Compressor Operator1,810,000 LAK
Gas Distribution Plant Operator3,420,000 LAK
Gas Supply Manager6,660,000 LAK
Geologist8,010,000 LAK
Geophysicist7,460,000 LAK
Geothermal Production Manager7,200,000 LAK
Geothermal Technician3,000,000 LAK
HSE Engineer4,300,000 LAK
HSE Officer2,660,000 LAK
HSEQ Administrator2,920,000 LAK
Inspector3,950,000 LAK
Instructor3,330,000 LAK
Instrument Designer3,500,000 LAK
Lead Technical Field Advisor5,340,000 LAK
Logistics and Tool Coordinator3,810,000 LAK
Maintenance Engineer4,580,000 LAK
Maintenance Superintendent3,970,000 LAK
Material Controller2,810,000 LAK
Mine Engineer3,960,000 LAK
Mine Surveyor4,840,000 LAK
Mining Project Administrator3,780,000 LAK
Mining Project Assistant2,870,000 LAK
Mining Project Controls Consultant4,610,000 LAK
Mining Project Coordinator3,670,000 LAK
Mining Project Engineer4,300,000 LAK
Mining Project Manager5,430,000 LAK
Mining Site Manager5,740,000 LAK
Mining Team Leader4,530,000 LAK
NDT Technician2,590,000 LAK
Oil Service Unit Operator2,130,000 LAK
Oil Trader5,640,000 LAK
Oilwell Pumper1,570,000 LAK
Petroleum Engineer 4,930,000 LAK
Petroleum Geologist7,630,000 LAK
Petroleum Pump System Operator2,330,000 LAK
Pipeline Technician1,660,000 LAK
Power Coordinator2,740,000 LAK
Power Plant Operations Manager8,610,000 LAK
Power Plant Operator3,620,000 LAK
Radio Operator1,960,000 LAK
Reliability Engineer4,090,000 LAK
Reservoir Engineer3,990,000 LAK
Risk Analyst5,500,000 LAK
Roughneck4,440,000 LAK
Scaffolder2,930,000 LAK
Shutdown Engineer3,670,000 LAK
Solar Energy Installation Manager6,040,000 LAK
Solar Energy Systems Engineer4,330,000 LAK
Solar Photovoltaic Installer2,780,000 LAK
Solar Thermal Technician2,690,000 LAK
Supply Operations Manager6,660,000 LAK
Sustainability Specialist7,190,000 LAK
System Development Advisor5,090,000 LAK
Tanker Truck Driver1,620,000 LAK
Utility Operator2,280,000 LAK
Wind Energy Project Manager5,910,000 LAK

Oil / Gas / Energy / Mining Jobs Salary Distribution in Laos

Median and salary distribution monthly Laos Oil  / Gas / Energy / Mining
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The median, the maximum, the minimum, and the range

  • Salary Range

    Oil / Gas / Energy / Mining salaries in Laos range from 1,490,000 LAK per month (minimum average salary) to 9,480,000 LAK per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 4,420,000 LAK per month, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 4,420,000 LAK while the other half are earning more than 4,420,000 LAK. 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 people working in Oil / Gas / Energy / Mining are earning less than 2,660,000 LAK while 75% of them are earning more than 2,660,000 LAK. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 7,510,000 LAK while 25% are earning more than 7,510,000 LAK.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


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 Laos costs anywhere from 22,700,000 Kip(s) to 68,200,000 Kip(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Oil / Gas / Energy / Mining Salary Comparison By Gender

Salary comparison by gender monthly Laos Oil  / Gas / Energy / Mining
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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 employees in Laos who work in Oil / Gas / Energy / Mining earn 13% more than their female counterparts on average.

Male
4,350,000 LAK
Female-12%
3,840,000 LAK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Laos for all Careers

Salary comparison by gender monthly Laos
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Oil / Gas / Energy / Mining Average Annual Salary Increment Percentage in Laos

How much are annual salary increments in Laos for Oil / Gas / Energy / Mining professionals? How often do employees get salary raises?

Oil / Gas / Energy / Mining

Oil / Gas / Energy / Mining professionals in Laos are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Laos Oil  / Gas / Energy / Mining
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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.

Laos / 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 Laos is 2%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Laos for the year 2019. 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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Oil / Gas / Energy / Mining Bonus and Incentive Rates in Laos

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Laos Oil  / Gas / Energy / Mining
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Oil / Gas / Energy / Mining is considered to be a moderate bonus-based field 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.

61% of surveyed staff in Oil / Gas / Energy / Mining reported that they haven't received any bonuses or incentives in the previous year while 39% 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.

Received Bonus
39%
No Bonus
61%

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.

Oil / Gas / Energy / Mining Hourly Average Wage in Laos


23,600 LAK per hour

The average hourly wage (pay per hour) in Laos is 23,600 LAK. This means that the average person in Laos earns approximately 23,600 LAK 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.

Oil / Gas / Energy / Mining VS Other Jobs

Salary Comparison Between Oil  / Gas / Energy / Mining and Oil  / Gas / Energy / Mining monthly Laos
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The average salary for Oil / Gas / Energy / Mining is 10% less than that of All Jobs.

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 Laos earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
4,050,000 LAK
Public Sector+25%
5,050,000 LAK
Percentage increase and decrease are relative to the previous value

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