A person working in Oil / Gas / Energy / Mining in Libya typically earns around 2,060 LYD. Salaries range from 750 LYD (lowest average) to 4,760 LYD (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Oil / Gas / Energy / Mining domain in Libya exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
|Job Title||Average Salary|
|Assistant Yard Manager||2,080 LYD|
|Associate Analyst||2,240 LYD|
|Associate Landman||940 LYD|
|Auxiliary Equipment Operator||900 LYD|
|Biomass Plant Technician||1,040 LYD|
|Biomass Power Plant Manager||3,030 LYD|
|Chemical Plant Operator||1,710 LYD|
|Chief Contract Compliance Engineer||2,270 LYD|
|Completions Engineer||2,090 LYD|
|Cost Controller||1,600 LYD|
|Crude Oil Marketing Representative||2,410 LYD|
|Distribution Manager||3,040 LYD|
|Dragline Operator||1,050 LYD|
|Driller Offsider||750 LYD|
|Dump Truck Driver||840 LYD|
|Electric and Gas Operations Manager||4,800 LYD|
|Energy Advisor||3,400 LYD|
|Energy Analyst||3,150 LYD|
|Energy Auditor||2,570 LYD|
|Energy Dispatch Director||3,700 LYD|
|Energy Technical Assistant||1,320 LYD|
|Energy Technical Manager||2,640 LYD|
|Energy Technical Trainer||1,820 LYD|
|Exploration Manager||3,830 LYD|
|Field Safety Auditor||2,350 LYD|
|Fluids Engineer||2,120 LYD|
|Fuel Cell Engineer||2,250 LYD|
|Fuel Cell Technician||1,100 LYD|
|Fuels Handler||1,040 LYD|
|Gas Compressor Operator||990 LYD|
|Gas Distribution Plant Operator||1,690 LYD|
|Gas Supply Manager||3,150 LYD|
|Geothermal Production Manager||3,790 LYD|
|Geothermal Technician||1,430 LYD|
|HSE Engineer||2,050 LYD|
|HSE Officer||1,280 LYD|
|HSEQ Administrator||1,490 LYD|
|Instrument Designer||1,610 LYD|
|Lead Technical Field Advisor||2,840 LYD|
|Logistics and Tool Coordinator||1,850 LYD|
|Maintenance Engineer||2,080 LYD|
|Maintenance Superintendent||1,850 LYD|
|Material Controller||1,430 LYD|
|Mine Engineer||2,100 LYD|
|Mine Surveyor||2,440 LYD|
|Mining Project Administrator||1,920 LYD|
|Mining Project Assistant||1,480 LYD|
|Mining Project Controls Consultant||2,390 LYD|
|Mining Project Coordinator||1,960 LYD|
|Mining Project Engineer||2,120 LYD|
|Mining Project Manager||2,710 LYD|
|Mining Site Manager||2,860 LYD|
|Mining Team Leader||2,240 LYD|
|NDT Technician||1,350 LYD|
|Oil Service Unit Operator||1,170 LYD|
|Oil Trader||2,690 LYD|
|Oilwell Pumper||830 LYD|
|Petroleum Engineer||2,500 LYD|
|Petroleum Geologist||3,680 LYD|
|Petroleum Pump System Operator||1,190 LYD|
|Pipeline Technician||800 LYD|
|Power Coordinator||1,370 LYD|
|Power Plant Operations Manager||4,200 LYD|
|Power Plant Operator||1,800 LYD|
|Radio Operator||910 LYD|
|Reliability Engineer||2,030 LYD|
|Reservoir Engineer||2,070 LYD|
|Risk Analyst||2,500 LYD|
|Shutdown Engineer||1,780 LYD|
|Solar Energy Installation Manager||3,290 LYD|
|Solar Energy Systems Engineer||2,140 LYD|
|Solar Photovoltaic Installer||1,380 LYD|
|Solar Thermal Technician||1,340 LYD|
|Supply Operations Manager||3,560 LYD|
|Sustainability Specialist||3,490 LYD|
|System Development Advisor||2,510 LYD|
|Tanker Truck Driver||850 LYD|
|Utility Operator||1,190 LYD|
|Wind Energy Project Manager||2,840 LYD|
Salaries in Oil / Gas / Energy / Mining in Libya range from 750 LYD (starting average salary) to 4,760 LYD (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Oil / Gas / Energy / Mining is 1,880 LYD, implying that half of the workforce in Libya earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Oil / Gas / Energy / Mining in Libya earn less than 1,440 LYD, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 2,350 LYD, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Oil / Gas / Energy / Mining in Libya. The analysis revealed that roughly 65% of all reported salaries fell within the range of 1,080 LYD to 1,970 LYD. Approximately 20% of salaries were below the 1,080 LYD mark, while 10% ranged from 1,970 LYD to 2,380 LYD. Only 5% of individuals earned a gross salary of 2,380 LYD or higher.
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 in Oil / Gas / Energy / Mining in Libya 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.
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.
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 degree levels across many jobs in Oil / Gas / Energy / Mining in Libya, below are our findings.
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 certificate 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.
A Master's degree program or any post-graduate program in Libya costs anywhere from 11,400 LYD to 34,300 LYD and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they 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 to 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 the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in 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? In the field of Oil / Gas / Energy / Mining in Libya, the average difference between the salary of male and female employees is 14%.
Professionals working in Oil / Gas / Energy / Mining in Libya are likely to observe a salary increase of approximately 7% every 26 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 rare 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 Libya for the year 2022. 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.
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
64% of surveyed staff in Oil / Gas / Energy / Mining reported that they haven't received any bonuses or incentives in the previous year while 36% 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.
|Average Salary 2019|
|Average Salary 2020||+4%|
|Average Salary 2021||+3%|
|Average Salary 2022||+2%|
Salaries for individuals working in Oil / Gas / Energy / Mining in Libya are rising in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.
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 fixed 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 minimum pay rate per hour for people working in Oil / Gas / Energy / Mining in Libya is 4 LYD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Libya is 7% on average across all career fields.
A good and competitive compensation would range anywhere between 1,880 LYD and 2,350 LYD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for jobs in Oil / Gas / Energy / Mining in Libya ranges from 1,440 LYD to 2,350 LYD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
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