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Oil / Gas / Energy / Mining Average Salaries in Madagascar 2020

How much money does a person working in Oil / Gas / Energy / Mining make in Madagascar?


Average Monthly Salary
1,180,000 MGA
( 14,200,000 MGA yearly)

LOW
430,000
MGA
AVERAGE
1,180,000
MGA
HIGH
2,740,000
MGA

A person working in Oil / Gas / Energy / Mining in Madagascar typically earns around 1,180,000 MGA per month. Salaries range from 430,000 MGA (lowest average) to 2,740,000 MGA (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Oil / Gas / Energy / Mining careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Yard Manager1,170,000 MGA
Associate Analyst1,320,000 MGA
Associate Landman554,000 MGA
Auxiliary Equipment Operator513,000 MGA
Biomass Plant Technician608,000 MGA
Biomass Power Plant Manager1,790,000 MGA
Chemical Plant Operator1,020,000 MGA
Chief Contract Compliance Engineer1,260,000 MGA
Completions Engineer1,140,000 MGA
Cost Controller867,000 MGA
Crude Oil Marketing Representative1,260,000 MGA
Dispatcher506,000 MGA
Distribution Manager1,660,000 MGA
Dragline Operator560,000 MGA
Driller Offsider427,000 MGA
Dump Truck Driver481,000 MGA
Electric and Gas Operations Manager2,720,000 MGA
Energy Advisor1,910,000 MGA
Energy Analyst1,680,000 MGA
Energy Auditor1,520,000 MGA
Energy Dispatch Director2,110,000 MGA
Energy Technical Assistant725,000 MGA
Energy Technical Manager1,490,000 MGA
Energy Technical Trainer1,080,000 MGA
Exploration Manager2,200,000 MGA
Field Safety Auditor1,350,000 MGA
Fluids Engineer1,160,000 MGA
Fuel Cell Engineer1,310,000 MGA
Fuel Cell Technician644,000 MGA
Fuels Handler544,000 MGA
Gas Compressor Operator543,000 MGA
Gas Distribution Plant Operator1,030,000 MGA
Gas Supply Manager1,830,000 MGA
Geologist2,220,000 MGA
Geophysicist2,280,000 MGA
Geothermal Production Manager2,040,000 MGA
Geothermal Technician858,000 MGA
HSE Engineer1,230,000 MGA
HSE Officer770,000 MGA
HSEQ Administrator889,000 MGA
Inspector1,150,000 MGA
Instructor1,020,000 MGA
Instrument Designer954,000 MGA
Lead Technical Field Advisor1,580,000 MGA
Logistics and Tool Coordinator1,060,000 MGA
Maintenance Engineer1,250,000 MGA
Maintenance Superintendent1,140,000 MGA
Material Controller822,000 MGA
Mine Engineer1,230,000 MGA
Mine Surveyor1,300,000 MGA
Mining Project Administrator1,120,000 MGA
Mining Project Assistant875,000 MGA
Mining Project Controls Consultant1,420,000 MGA
Mining Project Coordinator1,100,000 MGA
Mining Project Engineer1,210,000 MGA
Mining Project Manager1,580,000 MGA
Mining Site Manager1,690,000 MGA
Mining Team Leader1,320,000 MGA
NDT Technician731,000 MGA
Oil Service Unit Operator641,000 MGA
Oil Trader1,550,000 MGA
Oilwell Pumper444,000 MGA
Petroleum Engineer 1,400,000 MGA
Petroleum Geologist2,190,000 MGA
Petroleum Pump System Operator681,000 MGA
Pipeline Technician480,000 MGA
Power Coordinator737,000 MGA
Power Plant Operations Manager2,280,000 MGA
Power Plant Operator1,020,000 MGA
Radio Operator535,000 MGA
Reliability Engineer1,180,000 MGA
Reservoir Engineer1,080,000 MGA
Risk Analyst1,500,000 MGA
Roughneck1,260,000 MGA
Scaffolder786,000 MGA
Shutdown Engineer1,020,000 MGA
Solar Energy Installation Manager1,810,000 MGA
Solar Energy Systems Engineer1,310,000 MGA
Solar Photovoltaic Installer770,000 MGA
Solar Thermal Technician752,000 MGA
Supply Operations Manager2,070,000 MGA
Sustainability Specialist1,920,000 MGA
System Development Advisor1,440,000 MGA
Tanker Truck Driver500,000 MGA
Utility Operator643,000 MGA
Wind Energy Project Manager1,780,000 MGA

Oil / Gas / Energy / Mining Jobs Salary Distribution in Madagascar

Median and salary distribution monthly Madagascar Oil  / Gas / Energy / Mining
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The median, the maximum, the minimum, and the range

  • Salary Range

    Oil / Gas / Energy / Mining salaries in Madagascar range from 430,000 MGA per month (minimum average salary) to 2,740,000 MGA per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 1,210,000 MGA per month, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 1,210,000 MGA while the other half are earning more than 1,210,000 MGA. 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 people working in Oil / Gas / Energy / Mining are earning less than 737,000 MGA while 75% of them are earning more than 737,000 MGA. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 2,010,000 MGA while 25% are earning more than 2,010,000 MGA.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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 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.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

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.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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 degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

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 cerificate 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.


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 Madagascar costs anywhere from 6,570,000 Malagasy Ariary(s) to 19,700,000 Malagasy Ariary(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Oil / Gas / Energy / Mining Salary Comparison By Gender

Salary comparison by gender monthly Madagascar Oil  / Gas / Energy / Mining
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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 employees in Madagascar who work in Oil / Gas / Energy / Mining earn 12% more than their female counterparts on average.

Male
1,240,000 MGA
Female-11%
1,100,000 MGA
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Madagascar for all Careers

Salary comparison by gender monthly Madagascar
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Oil / Gas / Energy / Mining Average Annual Salary Increment Percentage in Madagascar

How much are annual salary increments in Madagascar for Oil / Gas / Energy / Mining professionals? How often do employees get salary raises?

Oil / Gas / Energy / Mining

Oil / Gas / Energy / Mining professionals in Madagascar 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.

Annual Salary Increment Rate Madagascar Oil  / Gas / Energy / Mining
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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.

Madagascar / 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 Madagascar is 2%.

Annual Increment Rate By Industry 2019

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Listed above are the average annual increase rates for each industry in Madagascar for the year 2019. 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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Oil / Gas / Energy / Mining Bonus and Incentive Rates in Madagascar

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Madagascar Oil  / Gas / Energy / Mining
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Oil / Gas / Energy / Mining is considered to be a moderate bonus-based field 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.

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.

Received Bonus
36%
No Bonus
64%

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.

Oil / Gas / Energy / Mining Hourly Average Wage in Madagascar


6,830 MGA per hour

The average hourly wage (pay per hour) in Madagascar is 6,830 MGA. This means that the average person in Madagascar earns approximately 6,830 MGA 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.

Oil / Gas / Energy / Mining VS Other Jobs

Salary Comparison Between Oil  / Gas / Energy / Mining and Oil  / Gas / Energy / Mining monthly Madagascar
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The average salary for Oil / Gas / Energy / Mining is 10% less than that of All Jobs.

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 Madagascar earn 18% more than their private sector counterparts on average across all sectors.

Private Sector
1,180,000 MGA
Public Sector+18%
1,390,000 MGA
Percentage increase and decrease are relative to the previous value

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