Drilling Engineer Average Salary in Libya 2021
How much money does a Drilling Engineer make in Libya?
LOW
1,070
LYD AVERAGE
2,060
LYD HIGH
3,160
LYD
A person working as a Drilling Engineer in Libya typically earns around 2,060 LYD per month. Salaries range from 1,070 LYD (lowest) to 3,160 LYD (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 Salary Distribution in Libya
The median, the maximum, the minimum, and the range
Salary Range
Drilling Engineer salaries in Libya range from 1,070 LYD per month (minimum salary) to 3,160 LYD per month (maximum salary).
Median Salary
The median salary is 1,980 LYD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 1,980 LYD while the other half are earning more than 1,980 LYD. 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 Drilling Engineer(s) are earning less than 1,380 LYD while 75% of them are earning more than 1,380 LYD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 2,470 LYD while 25% are earning more than 2,470 LYD.
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
Drilling Engineer Salary Comparison by Years of Experience
How does experience and age affect your pay?
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 1,220 LYD per month.
While someone with an experience level between two and five years is expected to earn 1,640 LYD 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 2,130 LYD per month, 30% 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 2,580 LYD per month, 21% 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 2,820 LYD 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 2,960 LYD per month, 5% more than people with fifteen to twenty years of experience.
Drilling Engineer average salary change by experience in Libya
| 0 - 2 Years | 1,220 LYD | |
| 2 - 5 Years | +34% | 1,640 LYD |
| 5 - 10 Years | +30% | 2,130 LYD |
| 10 - 15 Years | +21% | 2,580 LYD |
| 15 - 20 Years | +9% | 2,820 LYD |
| 20+ Years | +5% | 2,960 LYD |
Typical Salary Progress for Most Careers
Drilling Engineer Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Drilling Engineer(s) who have the same experience but different education levels.
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 1,450 LYD per month.
While someone with a Bachelor's Degree gets a salary of 2,200 LYD per month, 52% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 3,120 LYD per month, 42% more than someone with a Bachelor's Degree.
Drilling Engineer average salary difference by education level in Libya
| Certificate or Diploma | 1,450 LYD | |
| Bachelor's Degree | +52% | 2,200 LYD |
| Master's Degree | +42% | 3,120 LYD |
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 Libya costs anywhere from 11,400 Libyan Dinar(s) to 34,300 Libyan Dinar(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.
Typical Salary Difference by Education for Most Careers
Drilling Engineer Salary Comparison By Gender
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 Libya earn 13% more than their female counterparts on average.
| Male | 2,220 LYD | |
| Female | -12% | 1,970 LYD |
Salary Comparison By Gender in Libya for all Careers
Drilling Engineer Average Annual Salary Increment Percentage in Libya
How much are annual salary increments in Libya for Drilling Engineer(s)? How often do employees get salary raises?
Drilling Engineer
Drilling Engineer(s) in Libya are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Libya / 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
Annual Increment Rate By Industry 2020
| Banking | 5% | |
| Energy | 1% | |
| Information Technology | 6% | |
| Healthcare | 2% | |
| Travel | 7% | |
| Construction | 3% | |
| Education | 8% |
Listed above are the average annual increase rates for each industry in Libya 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.
Worldwide Salary Raises: All Countries and All Jobs
Drilling Engineer Bonus and Incentive Rates in Libya
How much and how often are bonuses being awarded?
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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.
90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
| Received Bonus | 10% | |
| No Bonus | 90% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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.
Drilling Engineer Average Hourly Wage in Libya
12 LYD per hourThe average hourly wage (pay per hour) in Libya is 12 LYD. This means that the average Drilling Engineer in Libya earns approximately 12 LYD for every worked hour.
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.
Drilling Engineer VS Other Jobs
The average salary for Drilling Engineer is 7% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Acoustics Engineer | 2,070 LYD |  +0% |
| Assembly Engineering Technician | 1,620 LYD |  -22% |
| Assistant Chief Engineer | 2,400 LYD | +16% |
| Associate Engineer | 1,800 LYD | -13% |
| Autocad Operator | 1,320 LYD | -36% |
| Automation Engineer | 2,190 LYD | +6% |
| Avionic System Support Engineer | 1,960 LYD | -5% |
| Biochemical Engineer | 1,990 LYD | -4% |
| BMS Engineer | 1,940 LYD | -6% |
| Bridge and Lock Tender | 1,130 LYD | -45% |
| Broadcast Engineer | 2,070 LYD | +0% |
| CAD Design Engineer | 2,070 LYD | +0% |
| CAD Designer | 1,280 LYD | -38% |
| CAE Engineer | 1,990 LYD | -4% |
| Ceramics Engineer | 1,810 LYD | -12% |
| Civil Engineer | 2,100 LYD | +2% |
| Commissioning Engineer | 2,000 LYD | -3% |
| Communications Engineer | 2,330 LYD | +13% |
| Condition Monitoring Engineer | 1,850 LYD | -10% |
| Contract Associate Engineer | 2,020 LYD | -2% |
| Control Systems Engineer | 1,980 LYD | -4% |
| Controls Engineer | 2,030 LYD | -2% |
| Controls Software Engineer | 1,810 LYD | -12% |
| Corrosion Engineer | 1,920 LYD | -7% |
| Design Engineer | 2,130 LYD | +3% |
| Drafter | 1,280 LYD | -38% |
| Drafting Manager | 2,410 LYD | +17% |
| Drilling Engineer | 2,060 LYD | -0% |
| Electrical Draughtsman | 1,080 LYD | -48% |
| Electrical Engineer | 2,380 LYD | +15% |
| Electrical Engineering Manager | 2,890 LYD | +40% |
| Electromechanical Engineering Technologist | 2,160 LYD | +5% |
| Electromechanical Equipment Assembler | 1,080 LYD | -48% |
| Energy Engineer | 2,090 LYD | +1% |
| Engine Assembler | 910 LYD | -56% |
| Engineer | 2,170 LYD | +5% |
| Engineering Account Manager | 2,350 LYD | +14% |
| Engineering Chief Designer | 2,250 LYD | +9% |
| Engineering Consultant | 2,860 LYD | +38% |
| Engineering Key Account Manager | 2,930 LYD | +42% |
| Engineering Lab Technician | 1,950 LYD | -6% |
| Engineering Planning Manager | 2,790 LYD | +35% |
| Engineering Production Manager | 3,840 LYD | +86% |
| Engineering Project Analyst | 2,320 LYD | +12% |
| Engineering Project Coordinator | 2,510 LYD | +22% |
| Engineering Project Director | 4,290 LYD | +110% |
| Engineering Project Manager | 3,040 LYD | +47% |
| Engineering Research and Development Manager | 3,250 LYD | +57% |
| Engineering Safety Coordinator | 1,620 LYD | -22% |
| Engineering Sales Manager | 2,840 LYD | +38% |
| Engineering Technician | 1,680 LYD | -19% |
| Engineering Technologist | 1,630 LYD | -21% |
| Environmental Engineer | 2,060 LYD | -0% |
| Equipment Engineer | 1,960 LYD | -5% |
| Equipment Engineering Manager | 2,620 LYD | +27% |
| Estimator | 1,840 LYD | -11% |
| Fabrication Specialist | 1,420 LYD | -31% |
| Fabricator | 930 LYD | -55% |
| Facade Engineer | 1,960 LYD | -5% |
| Fiber Analyst | 1,220 LYD | -41% |
| Field Engineer | 2,110 LYD | +2% |
| Field Engineering Manager | 3,510 LYD | +70% |
| Fire Engineer | 2,040 LYD | -1% |
| Fitter and Turner | 670 LYD | -68% |
| Forestry Strategic Planner | 2,410 LYD | +17% |
| Generation Engineer | 2,020 LYD | -2% |
| Genetic Engineer | 2,260 LYD | +9% |
| Geological Engineer | 2,220 LYD | +8% |
| Geotechnical Engineer | 2,260 LYD | +9% |
| Heavy Equipment Mechanic | 1,070 LYD | -48% |
| Highway Engineer | 2,160 LYD | +5% |
| HSE Professional | 1,920 LYD | -7% |
| HVAC Engineer | 2,130 LYD | +3% |
| HVAC Supervisor | 1,920 LYD | -7% |
| Industrial Engineer | 1,980 LYD | -4% |
| Industrial Engineering Technologist | 2,030 LYD | -2% |
| Instrument Engineer | 1,950 LYD | -6% |
| Instrumentation and Control Engineer | 2,050 LYD | -1% |
| Instrumentation Engineer | 1,970 LYD | -5% |
| Instrumentation Manager | 2,140 LYD | +4% |
| Irrigation Engineer | 2,040 LYD | -1% |
| Licensed Aircraft Engineer | 2,300 LYD | +11% |
| Locomotive Engineer | 2,070 LYD | +0% |
| Maintenance Engineer | 2,010 LYD | -3% |
| Maintenance Fitter | 760 LYD | -63% |
| Maintenance Manager | 2,150 LYD | +4% |
| Manufacturing Engineer | 1,910 LYD | -8% |
| Marine Engineer | 2,040 LYD | -1% |
| Materials Engineer | 2,030 LYD | -2% |
| Materials Researcher | 1,950 LYD | -6% |
| Materials Technician | 1,470 LYD | -29% |
| Mechanical and Electrical Engineer | 2,120 LYD | +3% |
| Mechanical Design Engineer | 2,250 LYD | +9% |
| Mechanical Designer | 1,860 LYD | -10% |
| Mechanical Engineer | 2,250 LYD | +9% |
| Mechanical Engineering Manager | 3,030 LYD | +47% |
| Mechanical Inspector | 2,070 LYD | +0% |
| Mechatronics Engineer | 2,110 LYD | +2% |
| Mining Engineer | 2,070 LYD | +0% |
| Oil and Petrochemical Engineer | 2,230 LYD | +8% |
| Optical Engineer | 2,110 LYD | +2% |
| Optical Instrument Assembler | 1,020 LYD | -51% |
| PCB Assembler | 720 LYD | -65% |
| Photonics Engineer | 2,190 LYD | +6% |
| Photonics Technician | 1,830 LYD | -11% |
| Pipeline Engineer | 1,910 LYD | -8% |
| Piping Designer | 1,160 LYD | -44% |
| Piping Engineer | 1,810 LYD | -12% |
| Planning Engineer | 2,070 LYD | +0% |
| Pressure Vessel Inspector | 1,000 LYD | -52% |
| Principal Cost Engineer | 2,150 LYD | +4% |
| Principal Engineer | 2,000 LYD | -3% |
| Principal Support Engineer | 2,040 LYD | -1% |
| Process Engineer | 2,070 LYD | +0% |
| Process Operator | 1,210 LYD | -41% |
| Product Development Engineer | 2,220 LYD | +8% |
| Product Development Technician | 1,540 LYD | -25% |
| Product Engineer | 2,050 LYD | -1% |
| Product Safety Engineer | 1,940 LYD | -6% |
| Production Engineer | 2,040 LYD | -1% |
| Project Engineer | 2,140 LYD | +4% |
| Proposal Manager | 2,580 LYD | +25% |
| Purchasing Engineer | 1,960 LYD | -5% |
| Quality Assurance Engineer | 2,040 LYD | -1% |
| Rail Engineer | 2,120 LYD | +3% |
| Robotics Engineer | 2,350 LYD | +14% |
| Robotics Technician | 1,740 LYD | -16% |
| Safety Engineer | 2,150 LYD | +4% |
| Safety Inspector | 1,600 LYD | -23% |
| Safety Manager | 2,380 LYD | +15% |
| Safety Officer | 1,030 LYD | -50% |
| Sales Engineer | 2,110 LYD | +2% |
| Scheduling Engineer | 1,820 LYD | -12% |
| Service Engineer | 2,220 LYD | +8% |
| Solar Engineer | 2,130 LYD | +3% |
| Staff Engineer | 2,010 LYD | -3% |
| Static Equipment Engineer | 2,060 LYD | -0% |
| Stationary Engineer | 1,830 LYD | -11% |
| Stress Engineer | 1,900 LYD | -8% |
| Structural Analysis Engineer | 2,050 LYD | -1% |
| Structural Designer | 1,890 LYD | -8% |
| Structural Engineer | 2,090 LYD | +1% |
| Structural Technician | 1,270 LYD | -38% |
| Supply Chain Specialist | 1,970 LYD | -5% |
| Surveyor | 1,560 LYD | -24% |
| Technical Affairs Officer | 1,000 LYD | -52% |
| Technical Assistant | 1,070 LYD | -48% |
| Technical Engineer | 1,850 LYD | -10% |
| Technical Support Engineer | 1,850 LYD | -10% |
| Tender Engineer | 1,940 LYD | -6% |
| Test Development Engineer | 1,960 LYD | -5% |
| Transportation Engineer | 1,890 LYD | -8% |
| Validation Engineer | 1,780 LYD | -14% |
| Verification Engineer | 1,960 LYD | -5% |
| Wastewater Engineer | 1,940 LYD | -6% |
| Wind Energy Engineer | 2,120 LYD | +3% |
| Wind Energy Operations Manager | 2,840 LYD | +38% |
| Work Planner | 1,440 LYD | -30% |
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 Libya earn 7% more than their private sector counterparts on average across all sectors.
| Private Sector | 2,200 LYD | |
| Public Sector | +7% | 2,360 LYD |
