A person working as a Drilling Engineer in Liberia typically earns around 61,200 LRD per month. Salaries range from 30,000 LRD (lowest) to 95,500 LRD (highest).
This is the average monthly salary including housing, transport, and other benefits. Drilling Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Drilling Engineer salaries in Liberia range from 30,000 LRD per month (minimum salary) to 95,500 LRD per month (maximum salary).
The median salary is 62,500 LRD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 62,500 LRD while the other half are earning more than 62,500 LRD. 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 Drilling Engineer(s) are earning less than 41,600 LRD while 75% of them are earning more than 41,600 LRD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 80,600 LRD while 25% are earning more than 80,600 LRD.
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 Drilling Engineer salaries by experience level and this is what we found.
A Drilling Engineer with less than two years of experience makes approximately 35,600 LRD per month.
While someone with an experience level between two and five years is expected to earn 45,700 LRD 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 63,100 LRD per month, 38% more than someone with two to five years of experience.
Additionally, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 78,200 LRD 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 83,700 LRD 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 89,300 LRD 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 Drilling Engineer salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a Drilling Engineer is 45,700 LRD per month.
While someone with a Bachelor's Degree gets a salary of 61,400 LRD per month, 34% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 94,200 LRD per month, 53% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Liberia costs anywhere from 359,000 Liberian Dollar(s) to 1,080,000 Liberian Dollar(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 Drilling Engineer employees in Liberia earn 13% more than their female counterparts on average.
Drilling Engineer(s) in Liberia are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 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 Liberia for the year 2021. 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 Drilling Engineer is considered to be a low 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.
87% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 13% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% 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 Drilling Engineer is 1% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||61,500 LRD||+0%|
|Assembly Engineering Technician||48,200 LRD||-21%|
|Assistant Chief Engineer||71,400 LRD||+17%|
|Associate Engineer||59,500 LRD||-3%|
|Autocad Operator||39,200 LRD||-36%|
|Automation Engineer||71,400 LRD||+17%|
|Avionic System Support Engineer||63,800 LRD||+4%|
|Biochemical Engineer||60,600 LRD||-1%|
|BMS Engineer||61,600 LRD||+1%|
|Bridge and Lock Tender||33,700 LRD||-45%|
|Broadcast Engineer||65,300 LRD||+7%|
|CAD Design Engineer||64,400 LRD||+5%|
|CAD Designer||39,900 LRD||-35%|
|CAE Engineer||61,600 LRD||+1%|
|Ceramics Engineer||59,700 LRD||-2%|
|Civil Engineer||68,800 LRD||+12%|
|Commissioning Engineer||63,400 LRD||+4%|
|Communications Engineer||73,600 LRD||+20%|
|Condition Monitoring Engineer||55,200 LRD||-10%|
|Contract Associate Engineer||61,700 LRD||+1%|
|Control Systems Engineer||65,800 LRD||+7%|
|Controls Engineer||61,500 LRD||+0%|
|Controls Software Engineer||54,500 LRD||-11%|
|Corrosion Engineer||57,200 LRD||-7%|
|Design Engineer||69,700 LRD||+14%|
|Drafting Manager||77,900 LRD||+27%|
|Drilling Engineer||61,200 LRD||-0%|
|Electrical Draughtsman||34,300 LRD||-44%|
|Electrical Engineer||70,700 LRD||+15%|
|Electrical Engineering Manager||94,400 LRD||+54%|
|Electromechanical Engineering Technologist||67,100 LRD||+10%|
|Electromechanical Equipment Assembler||33,500 LRD||-45%|
|Energy Engineer||66,600 LRD||+9%|
|Engine Assembler||27,800 LRD||-55%|
|Engineering Account Manager||73,700 LRD||+20%|
|Engineering Chief Designer||73,300 LRD||+20%|
|Engineering Consultant||87,600 LRD||+43%|
|Engineering Key Account Manager||92,300 LRD||+51%|
|Engineering Lab Technician||61,100 LRD||-0%|
|Engineering Planning Manager||94,200 LRD||+54%|
|Engineering Production Manager||117,000 LRD||+91%|
|Engineering Project Analyst||72,500 LRD||+18%|
|Engineering Project Coordinator||78,300 LRD||+28%|
|Engineering Project Director||131,000 LRD||+110%|
|Engineering Project Manager||89,300 LRD||+46%|
|Engineering Research and Development Manager||99,700 LRD||+63%|
|Engineering Safety Coordinator||48,500 LRD||-21%|
|Engineering Sales Manager||91,300 LRD||+49%|
|Engineering Technician||49,500 LRD||-19%|
|Engineering Technologist||50,700 LRD||-17%|
|Environmental Engineer||60,700 LRD||-1%|
|Equipment Engineer||57,800 LRD||-6%|
|Equipment Engineering Manager||85,300 LRD||+39%|
|Fabrication Specialist||47,400 LRD||-23%|
|Facade Engineer||61,400 LRD||+0%|
|Fiber Analyst||36,600 LRD||-40%|
|Field Engineer||68,700 LRD||+12%|
|Field Engineering Manager||114,000 LRD||+86%|
|Fire Engineer||66,400 LRD||+8%|
|Fitter and Turner||21,700 LRD||-65%|
|Forestry Strategic Planner||77,000 LRD||+26%|
|Generation Engineer||63,800 LRD||+4%|
|Genetic Engineer||70,100 LRD||+14%|
|Geological Engineer||64,100 LRD||+5%|
|Geotechnical Engineer||66,300 LRD||+8%|
|Heavy Equipment Mechanic||36,300 LRD||-41%|
|Highway Engineer||63,500 LRD||+4%|
|HSE Professional||60,700 LRD||-1%|
|HVAC Engineer||69,200 LRD||+13%|
|HVAC Supervisor||60,200 LRD||-2%|
|Industrial Engineer||64,000 LRD||+5%|
|Industrial Engineering Technologist||61,800 LRD||+1%|
|Instrument Engineer||64,400 LRD||+5%|
|Instrumentation and Control Engineer||62,700 LRD||+2%|
|Instrumentation Engineer||65,400 LRD||+7%|
|Instrumentation Manager||65,400 LRD||+7%|
|Irrigation Engineer||65,800 LRD||+7%|
|Licensed Aircraft Engineer||70,700 LRD||+15%|
|Locomotive Engineer||65,500 LRD||+7%|
|Maintenance Engineer||58,700 LRD||-4%|
|Maintenance Fitter||22,900 LRD||-63%|
|Maintenance Manager||65,300 LRD||+7%|
|Manufacturing Engineer||61,600 LRD||+1%|
|Marine Engineer||65,700 LRD||+7%|
|Materials Engineer||65,400 LRD||+7%|
|Materials Researcher||60,600 LRD||-1%|
|Materials Technician||48,000 LRD||-22%|
|Mechanical and Electrical Engineer||67,100 LRD||+10%|
|Mechanical Design Engineer||68,300 LRD||+12%|
|Mechanical Designer||56,400 LRD||-8%|
|Mechanical Engineer||72,500 LRD||+18%|
|Mechanical Engineering Manager||88,300 LRD||+44%|
|Mechanical Inspector||64,100 LRD||+5%|
|Mechatronics Engineer||72,300 LRD||+18%|
|Mining Engineer||63,300 LRD||+3%|
|Oil and Petrochemical Engineer||71,600 LRD||+17%|
|Optical Engineer||61,900 LRD||+1%|
|Optical Instrument Assembler||33,000 LRD||-46%|
|PCB Assembler||22,600 LRD||-63%|
|Photonics Engineer||69,900 LRD||+14%|
|Photonics Technician||58,200 LRD||-5%|
|Pipeline Engineer||58,900 LRD||-4%|
|Piping Designer||35,600 LRD||-42%|
|Piping Engineer||61,400 LRD||+0%|
|Planning Engineer||69,200 LRD||+13%|
|Pressure Vessel Inspector||31,200 LRD||-49%|
|Principal Cost Engineer||63,200 LRD||+3%|
|Principal Engineer||66,000 LRD||+8%|
|Principal Support Engineer||67,400 LRD||+10%|
|Process Engineer||66,300 LRD||+8%|
|Process Operator||39,300 LRD||-36%|
|Product Development Engineer||64,300 LRD||+5%|
|Product Development Technician||45,300 LRD||-26%|
|Product Engineer||65,800 LRD||+7%|
|Product Safety Engineer||60,400 LRD||-1%|
|Production Engineer||68,000 LRD||+11%|
|Project Engineer||68,300 LRD||+12%|
|Proposal Manager||86,400 LRD||+41%|
|Purchasing Engineer||62,300 LRD||+2%|
|Quality Assurance Engineer||65,300 LRD||+7%|
|Rail Engineer||67,700 LRD||+11%|
|Robotics Engineer||77,200 LRD||+26%|
|Robotics Technician||51,600 LRD||-16%|
|Safety Engineer||62,000 LRD||+1%|
|Safety Inspector||50,800 LRD||-17%|
|Safety Manager||74,800 LRD||+22%|
|Safety Officer||34,100 LRD||-44%|
|Sales Engineer||71,600 LRD||+17%|
|Scheduling Engineer||57,400 LRD||-6%|
|Service Engineer||68,700 LRD||+12%|
|Solar Engineer||70,400 LRD||+15%|
|Staff Engineer||65,300 LRD||+7%|
|Static Equipment Engineer||61,200 LRD||-0%|
|Stationary Engineer||58,400 LRD||-5%|
|Stress Engineer||61,000 LRD||-0%|
|Structural Analysis Engineer||65,700 LRD||+7%|
|Structural Designer||59,100 LRD||-3%|
|Structural Engineer||60,700 LRD||-1%|
|Structural Technician||40,600 LRD||-34%|
|Supply Chain Specialist||61,200 LRD||-0%|
|Technical Affairs Officer||33,400 LRD||-45%|
|Technical Assistant||32,100 LRD||-48%|
|Technical Engineer||57,400 LRD||-6%|
|Technical Support Engineer||55,200 LRD||-10%|
|Tender Engineer||57,000 LRD||-7%|
|Test Development Engineer||63,000 LRD||+3%|
|Transportation Engineer||60,200 LRD||-2%|
|Validation Engineer||60,900 LRD||-1%|
|Verification Engineer||60,700 LRD||-1%|
|Wastewater Engineer||65,900 LRD||+8%|
|Wind Energy Engineer||64,700 LRD||+6%|
|Wind Energy Operations Manager||86,400 LRD||+41%|
|Work Planner||46,100 LRD||-25%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Liberia earn 21% more than their private sector counterparts on average across all sectors.