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Drilling Engineer Average Salary in Macao 2021

How much money does a Drilling Engineer make in Macao?


Average Monthly Salary
6,260 MOP
( 75,200 MOP yearly)

LOW
2,880
MOP
AVERAGE
6,260
MOP
HIGH
9,960
MOP

A person working as a Drilling Engineer in Macao typically earns around 6,260 MOP per month. Salaries range from 2,880 MOP (lowest) to 9,960 MOP (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 Macao

Median and salary distribution monthly Macao Drilling Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Drilling Engineer salaries in Macao range from 2,880 MOP per month (minimum salary) to 9,960 MOP per month (maximum salary).

  • Median Salary

    The median salary is 6,760 MOP per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 6,760 MOP while the other half are earning more than 6,760 MOP. 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 4,340 MOP while 75% of them are earning more than 4,340 MOP. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 9,030 MOP while 25% are earning more than 9,030 MOP.


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?

Salary comparison by years of experience monthly Macao Drilling Engineer
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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 3,270 MOP per month.

While someone with an experience level between two and five years is expected to earn 4,370 MOP 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 6,460 MOP per month, 48% more than someone with two to five years of experience.

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.

Additionally, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 7,870 MOP 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 8,580 MOP 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 9,290 MOP per month, 8% more than people with fifteen to twenty years of experience.


Drilling Engineer average salary change by experience in Macao

0 - 2 Years
3,270 MOP
2 - 5 Years+34%
4,370 MOP
5 - 10 Years+48%
6,460 MOP
10 - 15 Years+22%
7,870 MOP
15 - 20 Years+9%
8,580 MOP
20+ Years+8%
9,290 MOP
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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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.

Salary comparison by education level monthly Macao Drilling Engineer
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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 3,730 MOP per month.

While someone with a Bachelor's Degree gets a salary of 5,850 MOP per month, 57% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 9,820 MOP per month, 68% more than someone with a Bachelor's Degree.


Drilling Engineer average salary difference by education level in Macao

Certificate or Diploma
3,730 MOP
Bachelor's Degree+57%
5,850 MOP
Master's Degree+68%
9,820 MOP
Percentage increase and decrease are relative to the previous value

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 Macao costs anywhere from 37,300 Pataca(s) to 112,000 Pataca(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

Salary Comparison By Education Level
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Drilling Engineer Salary Comparison By Gender

Salary comparison by gender monthly Macao Drilling Engineer
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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 Drilling Engineer employees in Macao earn 19% more than their female counterparts on average.

Male
6,810 MOP
Female-16%
5,720 MOP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Macao for all Careers

Salary comparison by gender monthly Macao
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Drilling Engineer Average Annual Salary Increment Percentage in Macao

How much are annual salary increments in Macao for Drilling Engineer(s)? How often do employees get salary raises?

Drilling Engineer

Drilling Engineer(s) in Macao 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.

Annual Salary Increment Rate Macao Drilling Engineer
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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.

Macao / 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 Macao is 2%.

Annual Increment Rate By Industry 2020

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 Macao 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

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Drilling Engineer Bonus and Incentive Rates in Macao

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Macao Drilling Engineer
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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.

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.

Received Bonus
16%
No Bonus
84%

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.

Drilling Engineer Average Hourly Wage in Macao


36 MOP per hour

The average hourly wage (pay per hour) in Macao is 36 MOP. This means that the average Drilling Engineer in Macao earns approximately 36 MOP 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.

Drilling Engineer VS Other Jobs

Salary Comparison Between Drilling Engineer and Engineering monthly Macao
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The average salary for Drilling Engineer is 0% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Acoustics Engineer6,320 MOP+1%
Assembly Engineering Technician5,320 MOP-15%
Assistant Chief Engineer7,160 MOP+14%
Associate Engineer5,880 MOP-6%
Autocad Operator4,320 MOP-31%
Automation Engineer6,950 MOP+11%
Avionic System Support Engineer6,150 MOP-2%
Biochemical Engineer5,980 MOP-5%
BMS Engineer6,030 MOP-4%
Bridge and Lock Tender3,630 MOP-42%
Broadcast Engineer6,550 MOP+5%
CAD Design Engineer7,000 MOP+12%
CAD Designer4,360 MOP-30%
CAE Engineer6,860 MOP+10%
Ceramics Engineer6,020 MOP-4%
Civil Engineer6,980 MOP+11%
Commissioning Engineer6,330 MOP+1%
Communications Engineer7,420 MOP+18%
Condition Monitoring Engineer5,530 MOP-12%
Contract Associate Engineer6,090 MOP-3%
Control Systems Engineer6,870 MOP+10%
Controls Engineer6,820 MOP+9%
Controls Software Engineer5,720 MOP-9%
Corrosion Engineer6,310 MOP+1%
Design Engineer7,100 MOP+13%
Drafter4,080 MOP-35%
Drafting Manager7,700 MOP+23%
Drilling Engineer6,260 MOP-0%
Electrical Draughtsman3,380 MOP-46%
Electrical Engineer7,270 MOP+16%
Electrical Engineering Manager9,760 MOP+56%
Electromechanical Engineering Technologist7,290 MOP+16%
Electromechanical Equipment Assembler3,650 MOP-42%
Energy Engineer7,130 MOP+14%
Engine Assembler2,930 MOP-53%
Engineer7,360 MOP+18%
Engineering Account Manager7,690 MOP+23%
Engineering Chief Designer7,720 MOP+23%
Engineering Consultant9,330 MOP+49%
Engineering Key Account Manager9,390 MOP+50%
Engineering Lab Technician6,380 MOP+2%
Engineering Planning Manager9,170 MOP+46%
Engineering Production Manager11,400 MOP+82%
Engineering Project Analyst7,690 MOP+23%
Engineering Project Coordinator 7,660 MOP+22%
Engineering Project Director14,000 MOP+120%
Engineering Project Manager9,610 MOP+53%
Engineering Research and Development Manager10,500 MOP+68%
Engineering Safety Coordinator5,220 MOP-17%
Engineering Sales Manager9,210 MOP+47%
Engineering Technician5,320 MOP-15%
Engineering Technologist5,030 MOP-20%
Environmental Engineer6,340 MOP+1%
Equipment Engineer6,070 MOP-3%
Equipment Engineering Manager8,990 MOP+44%
Estimator5,740 MOP-8%
Fabrication Specialist4,830 MOP-23%
Fabricator3,190 MOP-49%
Facade Engineer6,380 MOP+2%
Fiber Analyst3,960 MOP-37%
Field Engineer7,270 MOP+16%
Field Engineering Manager11,000 MOP+76%
Fire Engineer7,040 MOP+12%
Fitter and Turner2,090 MOP-67%
Forestry Strategic Planner8,110 MOP+29%
Generation Engineer7,140 MOP+14%
Genetic Engineer7,660 MOP+22%
Geological Engineer6,840 MOP+9%
Geotechnical Engineer7,110 MOP+14%
Heavy Equipment Mechanic3,740 MOP-40%
Highway Engineer6,830 MOP+9%
HSE Professional6,050 MOP-3%
HVAC Engineer7,480 MOP+19%
HVAC Supervisor6,310 MOP+1%
Industrial Engineer6,290 MOP+0%
Industrial Engineering Technologist6,220 MOP-1%
Instrument Engineer6,320 MOP+1%
Instrumentation and Control Engineer6,650 MOP+6%
Instrumentation Engineer6,960 MOP+11%
Instrumentation Manager6,330 MOP+1%
Irrigation Engineer6,510 MOP+4%
Licensed Aircraft Engineer7,380 MOP+18%
Locomotive Engineer6,610 MOP+6%
Maintenance Engineer6,450 MOP+3%
Maintenance Fitter2,360 MOP-62%
Maintenance Manager6,610 MOP+6%
Manufacturing Engineer6,790 MOP+8%
Marine Engineer6,590 MOP+5%
Materials Engineer6,590 MOP+5%
Materials Researcher6,020 MOP-4%
Materials Technician5,080 MOP-19%
Mechanical and Electrical Engineer7,330 MOP+17%
Mechanical Design Engineer6,880 MOP+10%
Mechanical Designer5,720 MOP-9%
Mechanical Engineer7,350 MOP+17%
Mechanical Engineering Manager8,980 MOP+43%
Mechanical Inspector6,400 MOP+2%
Mechatronics Engineer7,260 MOP+16%
Mining Engineer6,710 MOP+7%
Oil and Petrochemical Engineer7,360 MOP+18%
Optical Engineer6,650 MOP+6%
Optical Instrument Assembler3,560 MOP-43%
PCB Assembler2,400 MOP-62%
Photonics Engineer7,480 MOP+19%
Photonics Technician6,250 MOP-0%
Pipeline Engineer6,110 MOP-2%
Piping Designer3,720 MOP-41%
Piping Engineer6,430 MOP+3%
Planning Engineer7,080 MOP+13%
Pressure Vessel Inspector3,270 MOP-48%
Principal Cost Engineer6,770 MOP+8%
Principal Engineer6,480 MOP+3%
Principal Support Engineer6,660 MOP+6%
Process Engineer6,850 MOP+9%
Process Operator3,860 MOP-38%
Product Development Engineer6,680 MOP+7%
Product Development Technician4,850 MOP-23%
Product Engineer6,870 MOP+10%
Product Safety Engineer6,600 MOP+5%
Production Engineer6,960 MOP+11%
Project Engineer7,160 MOP+14%
Proposal Manager8,800 MOP+41%
Purchasing Engineer6,130 MOP-2%
Quality Assurance Engineer6,880 MOP+10%
Rail Engineer6,490 MOP+4%
Robotics Engineer7,860 MOP+25%
Robotics Technician5,280 MOP-16%
Safety Engineer6,610 MOP+6%
Safety Inspector5,060 MOP-19%
Safety Manager7,770 MOP+24%
Safety Officer3,350 MOP-47%
Sales Engineer7,510 MOP+20%
Scheduling Engineer6,420 MOP+3%
Service Engineer6,990 MOP+12%
Solar Engineer6,910 MOP+10%
Staff Engineer6,920 MOP+10%
Static Equipment Engineer6,260 MOP-0%
Stationary Engineer6,130 MOP-2%
Stress Engineer6,280 MOP+0%
Structural Analysis Engineer6,790 MOP+8%
Structural Designer5,640 MOP-10%
Structural Engineer6,300 MOP+1%
Structural Technician4,240 MOP-32%
Supply Chain Specialist6,660 MOP+6%
Surveyor4,890 MOP-22%
Technical Affairs Officer3,470 MOP-45%
Technical Assistant3,390 MOP-46%
Technical Engineer5,730 MOP-9%
Technical Support Engineer5,530 MOP-12%
Tender Engineer6,130 MOP-2%
Test Development Engineer6,450 MOP+3%
Transportation Engineer6,440 MOP+3%
Validation Engineer6,110 MOP-2%
Verification Engineer6,150 MOP-2%
Wastewater Engineer6,910 MOP+10%
Wind Energy Engineer7,030 MOP+12%
Wind Energy Operations Manager8,530 MOP+36%
Work Planner4,740 MOP-24%

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

Private Sector
6,640 MOP
Public Sector+25%
8,280 MOP
Percentage increase and decrease are relative to the previous value

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