A person working as a Drilling Engineer in Liechtenstein typically earns around 4,590 CHF per month. Salaries range from 2,110 CHF (lowest) to 7,310 CHF (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 Liechtenstein range from 2,110 CHF per month (minimum salary) to 7,310 CHF per month (maximum salary).
The median salary is 4,960 CHF per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 4,960 CHF while the other half are earning more than 4,960 CHF. 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 3,180 CHF while 75% of them are earning more than 3,180 CHF. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 6,630 CHF while 25% are earning more than 6,630 CHF.
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 2,400 CHF per month.
While someone with an experience level between two and five years is expected to earn 3,200 CHF 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 4,740 CHF per month, 48% 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 5,770 CHF 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 6,290 CHF 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 6,810 CHF 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 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 2,740 CHF per month.
While someone with a Bachelor's Degree gets a salary of 4,300 CHF per month, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 7,200 CHF per month, 68% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Liechtenstein costs anywhere from 26,600 Swiss Franc(s) to 79,700 Swiss Franc(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 Liechtenstein earn 19% more than their female counterparts on average.
Drilling Engineer(s) in Liechtenstein 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 Liechtenstein 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 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.
84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% 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 3% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||4,620 CHF||+1%|
|Assembly Engineering Technician||3,580 CHF||-22%|
|Assistant Chief Engineer||5,320 CHF||+16%|
|Associate Engineer||4,400 CHF||-4%|
|Autocad Operator||2,910 CHF||-37%|
|Automation Engineer||4,880 CHF||+6%|
|Avionic System Support Engineer||4,400 CHF||-4%|
|Biochemical Engineer||4,300 CHF||-6%|
|BMS Engineer||4,450 CHF||-3%|
|Bridge and Lock Tender||2,480 CHF||-46%|
|Broadcast Engineer||4,770 CHF||+4%|
|CAD Design Engineer||4,850 CHF||+6%|
|CAD Designer||3,010 CHF||-34%|
|CAE Engineer||4,690 CHF||+2%|
|Ceramics Engineer||4,450 CHF||-3%|
|Civil Engineer||5,140 CHF||+12%|
|Commissioning Engineer||4,620 CHF||+1%|
|Communications Engineer||5,380 CHF||+17%|
|Condition Monitoring Engineer||4,110 CHF||-11%|
|Contract Associate Engineer||4,380 CHF||-5%|
|Control Systems Engineer||4,790 CHF||+4%|
|Controls Engineer||4,860 CHF||+6%|
|Controls Software Engineer||4,390 CHF||-4%|
|Corrosion Engineer||4,250 CHF||-8%|
|Design Engineer||4,720 CHF||+3%|
|Drafting Manager||5,430 CHF||+18%|
|Drilling Engineer||4,590 CHF||-0%|
|Electrical Draughtsman||2,480 CHF||-46%|
|Electrical Engineer||5,320 CHF||+16%|
|Electrical Engineering Manager||7,110 CHF||+55%|
|Electromechanical Engineering Technologist||5,050 CHF||+10%|
|Electromechanical Equipment Assembler||2,530 CHF||-45%|
|Energy Engineer||4,790 CHF||+4%|
|Engine Assembler||2,160 CHF||-53%|
|Engineering Account Manager||5,460 CHF||+19%|
|Engineering Chief Designer||5,560 CHF||+21%|
|Engineering Consultant||6,810 CHF||+48%|
|Engineering Key Account Manager||6,770 CHF||+47%|
|Engineering Lab Technician||4,530 CHF||-1%|
|Engineering Planning Manager||6,660 CHF||+45%|
|Engineering Production Manager||8,280 CHF||+80%|
|Engineering Project Analyst||5,410 CHF||+18%|
|Engineering Project Coordinator||5,320 CHF||+16%|
|Engineering Project Director||10,200 CHF||+120%|
|Engineering Project Manager||6,830 CHF||+49%|
|Engineering Research and Development Manager||7,730 CHF||+68%|
|Engineering Safety Coordinator||3,560 CHF||-23%|
|Engineering Sales Manager||6,410 CHF||+39%|
|Engineering Technician||3,790 CHF||-18%|
|Engineering Technologist||3,830 CHF||-17%|
|Environmental Engineer||4,600 CHF||+0%|
|Equipment Engineer||4,380 CHF||-5%|
|Equipment Engineering Manager||6,470 CHF||+41%|
|Fabrication Specialist||3,410 CHF||-26%|
|Facade Engineer||4,540 CHF||-1%|
|Fiber Analyst||2,700 CHF||-41%|
|Field Engineer||5,220 CHF||+14%|
|Field Engineering Manager||7,860 CHF||+71%|
|Fire Engineer||5,050 CHF||+10%|
|Fitter and Turner||1,490 CHF||-68%|
|Forestry Strategic Planner||5,500 CHF||+20%|
|Generation Engineer||4,670 CHF||+2%|
|Genetic Engineer||5,290 CHF||+15%|
|Geological Engineer||5,090 CHF||+11%|
|Geotechnical Engineer||5,070 CHF||+10%|
|Heavy Equipment Mechanic||2,520 CHF||-45%|
|Highway Engineer||4,860 CHF||+6%|
|HSE Professional||4,420 CHF||-4%|
|HVAC Engineer||5,310 CHF||+16%|
|HVAC Supervisor||4,470 CHF||-3%|
|Industrial Engineer||4,440 CHF||-3%|
|Industrial Engineering Technologist||4,420 CHF||-4%|
|Instrument Engineer||4,750 CHF||+3%|
|Instrumentation and Control Engineer||4,870 CHF||+6%|
|Instrumentation Engineer||4,790 CHF||+4%|
|Instrumentation Manager||4,610 CHF||+0%|
|Irrigation Engineer||4,590 CHF||-0%|
|Licensed Aircraft Engineer||4,930 CHF||+7%|
|Locomotive Engineer||4,790 CHF||+4%|
|Maintenance Engineer||4,530 CHF||-1%|
|Maintenance Fitter||1,650 CHF||-64%|
|Maintenance Manager||4,690 CHF||+2%|
|Manufacturing Engineer||4,760 CHF||+4%|
|Marine Engineer||4,600 CHF||+0%|
|Materials Engineer||4,590 CHF||-0%|
|Materials Researcher||4,580 CHF||-0%|
|Materials Technician||3,650 CHF||-21%|
|Mechanical and Electrical Engineer||5,380 CHF||+17%|
|Mechanical Design Engineer||4,890 CHF||+6%|
|Mechanical Designer||4,050 CHF||-12%|
|Mechanical Engineer||5,110 CHF||+11%|
|Mechanical Engineering Manager||6,880 CHF||+50%|
|Mechanical Inspector||4,860 CHF||+6%|
|Mechatronics Engineer||4,970 CHF||+8%|
|Mining Engineer||4,910 CHF||+7%|
|Oil and Petrochemical Engineer||5,070 CHF||+10%|
|Optical Engineer||4,730 CHF||+3%|
|Optical Instrument Assembler||2,530 CHF||-45%|
|PCB Assembler||1,680 CHF||-63%|
|Photonics Engineer||5,020 CHF||+9%|
|Photonics Technician||4,190 CHF||-9%|
|Pipeline Engineer||4,530 CHF||-1%|
|Piping Designer||2,480 CHF||-46%|
|Piping Engineer||4,290 CHF||-7%|
|Planning Engineer||4,990 CHF||+9%|
|Pressure Vessel Inspector||2,320 CHF||-50%|
|Principal Cost Engineer||4,830 CHF||+5%|
|Principal Engineer||4,870 CHF||+6%|
|Principal Support Engineer||4,980 CHF||+8%|
|Process Engineer||4,700 CHF||+2%|
|Process Operator||2,730 CHF||-41%|
|Product Development Engineer||5,060 CHF||+10%|
|Product Development Technician||3,460 CHF||-25%|
|Product Engineer||5,170 CHF||+13%|
|Product Safety Engineer||4,560 CHF||-1%|
|Production Engineer||4,910 CHF||+7%|
|Project Engineer||4,870 CHF||+6%|
|Proposal Manager||6,220 CHF||+35%|
|Purchasing Engineer||4,510 CHF||-2%|
|Quality Assurance Engineer||4,670 CHF||+2%|
|Rail Engineer||4,860 CHF||+6%|
|Robotics Engineer||5,230 CHF||+14%|
|Robotics Technician||3,880 CHF||-16%|
|Safety Engineer||4,930 CHF||+7%|
|Safety Inspector||3,690 CHF||-20%|
|Safety Manager||5,530 CHF||+20%|
|Safety Officer||2,520 CHF||-45%|
|Sales Engineer||5,010 CHF||+9%|
|Scheduling Engineer||4,200 CHF||-9%|
|Service Engineer||5,240 CHF||+14%|
|Solar Engineer||5,200 CHF||+13%|
|Staff Engineer||4,960 CHF||+8%|
|Static Equipment Engineer||4,590 CHF||-0%|
|Stationary Engineer||4,170 CHF||-9%|
|Stress Engineer||4,320 CHF||-6%|
|Structural Analysis Engineer||4,660 CHF||+1%|
|Structural Designer||4,400 CHF||-4%|
|Structural Engineer||4,770 CHF||+4%|
|Structural Technician||3,200 CHF||-30%|
|Supply Chain Specialist||4,620 CHF||+1%|
|Technical Affairs Officer||2,420 CHF||-47%|
|Technical Assistant||2,340 CHF||-49%|
|Technical Engineer||4,340 CHF||-6%|
|Technical Support Engineer||4,110 CHF||-11%|
|Tender Engineer||4,360 CHF||-5%|
|Test Development Engineer||4,920 CHF||+7%|
|Transportation Engineer||4,320 CHF||-6%|
|Validation Engineer||4,180 CHF||-9%|
|Verification Engineer||4,630 CHF||+1%|
|Wastewater Engineer||4,610 CHF||+0%|
|Wind Energy Engineer||5,070 CHF||+10%|
|Wind Energy Operations Manager||6,140 CHF||+34%|
|Work Planner||3,260 CHF||-29%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Liechtenstein earn 14% more than their private sector counterparts on average across all sectors.