Drilling Engineer Average Salary in Maldives 2022
How much money does a Drilling Engineer make in Maldives?
LOW
9,090
MVR AVERAGE
17,500
MVR HIGH
26,700
MVR
A person working as a Drilling Engineer in Maldives typically earns around 17,500 MVR per month. Salaries range from 9,090 MVR (lowest) to 26,700 MVR (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 Maldives
The median, the maximum, the minimum, and the range
Salary Range
Drilling Engineer salaries in Maldives range from 9,090 MVR per month (minimum salary) to 26,700 MVR per month (maximum salary).
Median Salary
The median salary is 16,800 MVR per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 16,800 MVR while the other half are earning more than 16,800 MVR. 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 11,600 MVR while 75% of them are earning more than 11,600 MVR. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 20,900 MVR while 25% are earning more than 20,900 MVR.
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 10,300 MVR per month.
While someone with an experience level between two and five years is expected to earn 13,900 MVR 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 18,000 MVR 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 21,800 MVR 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 23,800 MVR 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 25,100 MVR per month, 5% more than people with fifteen to twenty years of experience.
Drilling Engineer average salary change by experience in Maldives
| 0 - 2 Years | 10,300 MVR | |
| 2 - 5 Years | +34% | 13,900 MVR |
| 5 - 10 Years | +30% | 18,000 MVR |
| 10 - 15 Years | +21% | 21,800 MVR |
| 15 - 20 Years | +9% | 23,800 MVR |
| 20+ Years | +5% | 25,100 MVR |
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 12,300 MVR per month.
While someone with a Bachelor's Degree gets a salary of 18,600 MVR per month, 52% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 26,400 MVR per month, 42% more than someone with a Bachelor's Degree.
Drilling Engineer average salary difference by education level in Maldives
| Certificate or Diploma | 12,300 MVR | |
| Bachelor's Degree | +52% | 18,600 MVR |
| Master's Degree | +42% | 26,400 MVR |
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 Maldives costs anywhere from 95,600 Rufiyaa(s) to 287,000 Rufiyaa(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 Maldives earn 10% more than their female counterparts on average.
| Male | 18,500 MVR | |
| Female | -9% | 16,800 MVR |
Salary Comparison By Gender in Maldives for all Careers
Drilling Engineer Average Annual Salary Increment Percentage in Maldives
How much are annual salary increments in Maldives for Drilling Engineer(s)? How often do employees get salary raises?
Drilling Engineer
Drilling Engineer(s) in Maldives 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.
Maldives / 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 2021
| 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 Maldives for the year 2021. 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 Maldives
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 Maldives
100 MVR per hourThe average hourly wage (pay per hour) in Maldives is 100 MVR. This means that the average Drilling Engineer in Maldives earns approximately 100 MVR 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 8% 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 | 16,000 MVR |  -8% |
| Assembly Engineering Technician | 13,100 MVR | -25% |
| Assistant Chief Engineer | 19,600 MVR |  +12% |
| Associate Engineer | 15,800 MVR | -10% |
| Autocad Operator | 10,700 MVR | -39% |
| Automation Engineer | 19,000 MVR | +9% |
| Avionic System Support Engineer | 16,200 MVR | -7% |
| Biochemical Engineer | 16,100 MVR | -8% |
| BMS Engineer | 16,100 MVR | -8% |
| Bridge and Lock Tender | 9,630 MVR | -45% |
| Broadcast Engineer | 16,200 MVR | -7% |
| CAD Design Engineer | 17,000 MVR | -3% |
| CAD Designer | 10,600 MVR | -39% |
| CAE Engineer | 17,100 MVR | -2% |
| Ceramics Engineer | 15,000 MVR | -14% |
| Civil Engineer | 17,400 MVR | -0% |
| Commissioning Engineer | 17,200 MVR | -2% |
| Communications Engineer | 18,500 MVR | +6% |
| Condition Monitoring Engineer | 15,100 MVR | -14% |
| Contract Associate Engineer | 16,400 MVR | -6% |
| Control Systems Engineer | 16,000 MVR | -8% |
| Controls Engineer | 16,900 MVR | -3% |
| Controls Software Engineer | 14,800 MVR | -15% |
| Corrosion Engineer | 15,600 MVR | -11% |
| Design Engineer | 17,800 MVR | +2% |
| Drafter | 10,900 MVR | -38% |
| Drafting Manager | 18,800 MVR | +8% |
| Drilling Engineer | 17,500 MVR | +0% |
| Electrical Draughtsman | 9,050 MVR | -48% |
| Electrical Engineer | 18,500 MVR | +6% |
| Electrical Engineering Manager | 24,900 MVR | +42% |
| Electromechanical Engineering Technologist | 17,700 MVR | +1% |
| Electromechanical Equipment Assembler | 8,910 MVR | -49% |
| Energy Engineer | 18,800 MVR | +8% |
| Engine Assembler | 7,640 MVR | -56% |
| Engineer | 18,900 MVR | +8% |
| Engineering Account Manager | 19,800 MVR | +13% |
| Engineering Chief Designer | 20,100 MVR | +15% |
| Engineering Consultant | 22,200 MVR | +27% |
| Engineering Key Account Manager | 23,600 MVR | +35% |
| Engineering Lab Technician | 16,400 MVR | -6% |
| Engineering Planning Manager | 24,400 MVR | +40% |
| Engineering Production Manager | 30,100 MVR | +72% |
| Engineering Project Analyst | 20,100 MVR | +15% |
| Engineering Project Coordinator | 20,400 MVR | +17% |
| Engineering Project Director | 33,300 MVR | +91% |
| Engineering Project Manager | 23,100 MVR | +32% |
| Engineering Research and Development Manager | 27,400 MVR | +57% |
| Engineering Safety Coordinator | 13,800 MVR | -21% |
| Engineering Sales Manager | 22,900 MVR | +31% |
| Engineering Technician | 12,800 MVR | -27% |
| Engineering Technologist | 13,600 MVR | -22% |
| Environmental Engineer | 16,300 MVR | -7% |
| Equipment Engineer | 15,700 MVR | -10% |
| Equipment Engineering Manager | 23,400 MVR | +34% |
| Estimator | 14,600 MVR | -16% |
| Fabrication Specialist | 12,100 MVR | -31% |
| Fabricator | 8,050 MVR | -54% |
| Facade Engineer | 16,400 MVR | -6% |
| Fiber Analyst | 9,550 MVR | -45% |
| Field Engineer | 17,200 MVR | -2% |
| Field Engineering Manager | 28,900 MVR | +65% |
| Fire Engineer | 16,700 MVR | -4% |
| Fitter and Turner | 5,490 MVR | -69% |
| Forestry Strategic Planner | 19,100 MVR | +9% |
| Generation Engineer | 17,900 MVR | +2% |
| Genetic Engineer | 18,700 MVR | +7% |
| Geological Engineer | 18,000 MVR | +3% |
| Geotechnical Engineer | 18,800 MVR | +8% |
| Heavy Equipment Mechanic | 9,490 MVR | -46% |
| Highway Engineer | 16,400 MVR | -6% |
| HSE Professional | 16,500 MVR | -6% |
| HVAC Engineer | 18,100 MVR | +4% |
| HVAC Supervisor | 16,300 MVR | -7% |
| Industrial Engineer | 16,900 MVR | -3% |
| Industrial Engineering Technologist | 17,100 MVR | -2% |
| Instrument Engineer | 17,000 MVR | -3% |
| Instrumentation and Control Engineer | 17,400 MVR | -0% |
| Instrumentation Engineer | 16,600 MVR | -5% |
| Instrumentation Manager | 16,700 MVR | -4% |
| Irrigation Engineer | 15,900 MVR | -9% |
| Licensed Aircraft Engineer | 19,000 MVR | +9% |
| Locomotive Engineer | 16,400 MVR | -6% |
| Maintenance Engineer | 15,800 MVR | -10% |
| Maintenance Fitter | 6,030 MVR | -65% |
| Maintenance Manager | 16,500 MVR | -6% |
| Manufacturing Engineer | 16,700 MVR | -4% |
| Marine Engineer | 18,000 MVR | +3% |
| Materials Engineer | 16,400 MVR | -6% |
| Materials Researcher | 16,300 MVR | -7% |
| Materials Technician | 12,000 MVR | -31% |
| Mechanical and Electrical Engineer | 17,900 MVR | +2% |
| Mechanical Design Engineer | 18,900 MVR | +8% |
| Mechanical Designer | 14,300 MVR | -18% |
| Mechanical Engineer | 18,400 MVR | +5% |
| Mechanical Engineering Manager | 25,000 MVR | +43% |
| Mechanical Inspector | 15,800 MVR | -10% |
| Mechatronics Engineer | 18,000 MVR | +3% |
| Mining Engineer | 17,500 MVR | +0% |
| Oil and Petrochemical Engineer | 18,700 MVR | +7% |
| Optical Engineer | 16,000 MVR | -8% |
| Optical Instrument Assembler | 8,600 MVR | -51% |
| PCB Assembler | 6,270 MVR | -64% |
| Photonics Engineer | 19,700 MVR | +13% |
| Photonics Technician | 15,000 MVR | -14% |
| Pipeline Engineer | 15,700 MVR | -10% |
| Piping Designer | 9,580 MVR | -45% |
| Piping Engineer | 15,100 MVR | -14% |
| Planning Engineer | 17,900 MVR | +2% |
| Pressure Vessel Inspector | 8,470 MVR | -52% |
| Principal Cost Engineer | 17,900 MVR | +2% |
| Principal Engineer | 17,400 MVR | -0% |
| Principal Support Engineer | 17,900 MVR | +2% |
| Process Engineer | 17,500 MVR | +0% |
| Process Operator | 10,400 MVR | -40% |
| Product Development Engineer | 17,100 MVR | -2% |
| Product Development Technician | 12,800 MVR | -27% |
| Product Engineer | 17,700 MVR | +1% |
| Product Safety Engineer | 16,100 MVR | -8% |
| Production Engineer | 17,600 MVR | +1% |
| Project Engineer | 18,500 MVR | +6% |
| Proposal Manager | 22,100 MVR | +26% |
| Purchasing Engineer | 16,400 MVR | -6% |
| Quality Assurance Engineer | 16,200 MVR | -7% |
| Rail Engineer | 17,000 MVR | -3% |
| Robotics Engineer | 19,800 MVR | +13% |
| Robotics Technician | 14,700 MVR | -16% |
| Safety Engineer | 17,400 MVR | -0% |
| Safety Inspector | 13,800 MVR | -21% |
| Safety Manager | 19,900 MVR | +14% |
| Safety Officer | 8,990 MVR | -49% |
| Sales Engineer | 17,600 MVR | +1% |
| Scheduling Engineer | 16,100 MVR | -8% |
| Service Engineer | 17,600 MVR | +1% |
| Solar Engineer | 18,600 MVR | +6% |
| Staff Engineer | 16,400 MVR | -6% |
| Static Equipment Engineer | 17,500 MVR | +0% |
| Stationary Engineer | 15,900 MVR | -9% |
| Stress Engineer | 15,900 MVR | -9% |
| Structural Analysis Engineer | 17,300 MVR | -1% |
| Structural Designer | 14,700 MVR | -16% |
| Structural Engineer | 16,200 MVR | -7% |
| Structural Technician | 10,900 MVR | -38% |
| Supply Chain Specialist | 16,100 MVR | -8% |
| Surveyor | 13,500 MVR | -23% |
| Technical Affairs Officer | 8,880 MVR | -49% |
| Technical Assistant | 8,820 MVR | -50% |
| Technical Engineer | 14,100 MVR | -19% |
| Technical Support Engineer | 15,100 MVR | -14% |
| Tender Engineer | 14,700 MVR | -16% |
| Test Development Engineer | 16,300 MVR | -7% |
| Transportation Engineer | 17,000 MVR | -3% |
| Validation Engineer | 15,100 MVR | -14% |
| Verification Engineer | 17,000 MVR | -3% |
| Wastewater Engineer | 16,200 MVR | -7% |
| Wind Energy Engineer | 17,100 MVR | -2% |
| Wind Energy Operations Manager | 23,000 MVR | +32% |
| Work Planner | 12,000 MVR | -31% |
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 Maldives earn 7% more than their private sector counterparts on average across all sectors.
| Private Sector | 18,400 MVR | |
| Public Sector | +7% | 19,700 MVR |
