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Petroleum Geologist Average Salary in Austria 2021

How much money does a Petroleum Geologist make in Austria?


Average Monthly Salary
6,250 EUR
( 75,000 EUR yearly)

LOW
3,250
EUR
AVERAGE
6,250
EUR
HIGH
9,570
EUR

A person working as a Petroleum Geologist in Austria typically earns around 6,250 EUR per month. Salaries range from 3,250 EUR (lowest) to 9,570 EUR (highest).

This is the average monthly salary including housing, transport, and other benefits. Petroleum Geologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Petroleum Geologist Salary Distribution in Austria

Median and salary distribution monthly Austria Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Austria range from 3,250 EUR per month (minimum salary) to 9,570 EUR per month (maximum salary).

  • Median Salary

    The median salary is 6,000 EUR per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 6,000 EUR while the other half are earning more than 6,000 EUR. 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 Petroleum Geologist(s) are earning less than 4,160 EUR while 75% of them are earning more than 4,160 EUR. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 7,470 EUR while 25% are earning more than 7,470 EUR.


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

Petroleum Geologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Austria Petroleum Geologist
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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 Petroleum Geologist salaries by experience level and this is what we found.

A Petroleum Geologist with less than two years of experience makes approximately 3,690 EUR per month.

While someone with an experience level between two and five years is expected to earn 4,960 EUR 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 6,440 EUR per month, 30% 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, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 7,800 EUR 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 8,520 EUR 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 8,970 EUR per month, 5% more than people with fifteen to twenty years of experience.


Petroleum Geologist average salary change by experience in Austria

0 - 2 Years
3,690 EUR
2 - 5 Years+34%
4,960 EUR
5 - 10 Years+30%
6,440 EUR
10 - 15 Years+21%
7,800 EUR
15 - 20 Years+9%
8,520 EUR
20+ Years+5%
8,970 EUR
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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Petroleum Geologist Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Petroleum Geologist(s) who have the same experience but different education levels.

Salary comparison by education level monthly Austria Petroleum Geologist
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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 Petroleum Geologist salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Petroleum Geologist is 4,770 EUR per month.

While someone with a Master's Degree gets a salary of 5,900 EUR per month, 24% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 9,440 EUR per month, 60% more than someone with a Master's Degree.


Petroleum Geologist average salary difference by education level in Austria

Bachelor's Degree
4,770 EUR
Master's Degree+24%
5,900 EUR
PhD+60%
9,440 EUR
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 Austria costs anywhere from 18,900 Euro(s) to 56,800 Euro(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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Petroleum Geologist Salary Comparison By Gender

Salary comparison by gender monthly Austria Petroleum Geologist
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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 Petroleum Geologist employees in Austria earn 4% more than their female counterparts on average.

Male
6,390 EUR
Female-4%
6,120 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Austria for all Careers

Salary comparison by gender monthly Austria
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Petroleum Geologist Average Annual Salary Increment Percentage in Austria

How much are annual salary increments in Austria for Petroleum Geologist(s)? How often do employees get salary raises?

Petroleum Geologist

Petroleum Geologist(s) in Austria are likely to observe a salary increase of approximately 10% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Austria Petroleum Geologist
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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.

Austria / 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 Austria is 2%.

Annual Increment Rate By Industry 2020

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 Austria 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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Petroleum Geologist Bonus and Incentive Rates in Austria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Austria Petroleum Geologist
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A Petroleum Geologist is considered to be a moderate 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.

63% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 37% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
37%
No Bonus
63%

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.

Petroleum Geologist Average Hourly Wage in Austria


36 EUR per hour

The average hourly wage (pay per hour) in Austria is 36 EUR. This means that the average Petroleum Geologist in Austria earns approximately 36 EUR 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.

Petroleum Geologist VS Other Jobs

Salary Comparison Between Petroleum Geologist and Oil  / Gas / Energy / Mining monthly Austria
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The average salary for Petroleum Geologist is 83% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager3,530 EUR-44%
Associate Analyst3,980 EUR-36%
Associate Landman1,670 EUR-73%
Auxiliary Equipment Operator1,440 EUR-77%
Biomass Plant Technician1,720 EUR-72%
Biomass Power Plant Manager5,010 EUR-20%
Chemical Plant Operator2,880 EUR-54%
Chief Contract Compliance Engineer3,810 EUR-39%
Completions Engineer3,280 EUR-48%
Cost Controller2,500 EUR-60%
Crude Oil Marketing Representative3,860 EUR-38%
Dispatcher1,540 EUR-75%
Distribution Manager5,040 EUR-19%
Dragline Operator1,620 EUR-74%
Driller Offsider1,230 EUR-80%
Dump Truck Driver1,440 EUR-77%
Electric and Gas Operations Manager7,860 EUR+26%
Energy Advisor5,410 EUR-13%
Energy Analyst4,870 EUR-22%
Energy Auditor4,360 EUR-30%
Energy Dispatch Director6,010 EUR-4%
Energy Technical Assistant2,120 EUR-66%
Energy Technical Manager4,480 EUR-28%
Energy Technical Trainer3,200 EUR-49%
Exploration Manager6,180 EUR-1%
Field Safety Auditor3,900 EUR-38%
Fluids Engineer3,510 EUR-44%
Fuel Cell Engineer3,910 EUR-37%
Fuel Cell Technician1,890 EUR-70%
Fuels Handler1,670 EUR-73%
Gas Compressor Operator1,620 EUR-74%
Gas Distribution Plant Operator3,050 EUR-51%
Gas Supply Manager5,520 EUR-12%
Geologist6,620 EUR+6%
Geophysicist6,770 EUR+8%
Geothermal Production Manager6,200 EUR-1%
Geothermal Technician2,570 EUR-59%
HSE Engineer3,690 EUR-41%
HSE Officer2,280 EUR-64%
HSEQ Administrator2,510 EUR-60%
Inspector3,430 EUR-45%
Instructor3,020 EUR-52%
Instrument Designer2,730 EUR-56%
Lead Technical Field Advisor4,760 EUR-24%
Logistics and Tool Coordinator3,180 EUR-49%
Maintenance Engineer3,740 EUR-40%
Maintenance Superintendent3,200 EUR-49%
Material Controller2,460 EUR-61%
Mine Engineer3,610 EUR-42%
Mine Surveyor3,780 EUR-40%
Mining Project Administrator3,130 EUR-50%
Mining Project Assistant2,600 EUR-58%
Mining Project Controls Consultant4,170 EUR-33%
Mining Project Coordinator3,260 EUR-48%
Mining Project Engineer3,420 EUR-45%
Mining Project Manager4,720 EUR-25%
Mining Site Manager4,720 EUR-25%
Mining Team Leader3,730 EUR-40%
NDT Technician2,110 EUR-66%
Oil Service Unit Operator1,830 EUR-71%
Oil Trader4,460 EUR-29%
Oilwell Pumper1,290 EUR-79%
Petroleum Engineer 4,160 EUR-33%
Petroleum Geologist6,250 EUR-0%
Petroleum Pump System Operator2,040 EUR-67%
Pipeline Technician1,350 EUR-78%
Power Coordinator2,240 EUR-64%
Power Plant Operations Manager7,020 EUR+12%
Power Plant Operator3,030 EUR-52%
Radio Operator1,610 EUR-74%
Reliability Engineer3,560 EUR-43%
Reservoir Engineer3,320 EUR-47%
Risk Analyst4,490 EUR-28%
Roughneck3,580 EUR-43%
Scaffolder2,260 EUR-64%
Shutdown Engineer3,060 EUR-51%
Solar Energy Installation Manager5,410 EUR-13%
Solar Energy Systems Engineer3,860 EUR-38%
Solar Photovoltaic Installer2,240 EUR-64%
Solar Thermal Technician2,160 EUR-65%
Supply Operations Manager5,800 EUR-7%
Sustainability Specialist5,540 EUR-11%
System Development Advisor4,040 EUR-35%
Tanker Truck Driver1,400 EUR-78%
Utility Operator1,860 EUR-70%
Wind Energy Project Manager4,960 EUR-21%

Salary Comparison By City

CityAverage Salary
Dornbirn5,690 EUR
Graz6,790 EUR
Innsbruck6,530 EUR
Klagenfurt6,230 EUR
Linz6,480 EUR
Salzburg6,840 EUR
St. Polten5,970 EUR
Vienna7,100 EUR
Villach6,570 EUR
Wels6,270 EUR
Wiener Neustadt5,990 EUR

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 Austria earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
3,640 EUR
Public Sector+7%
3,900 EUR
Percentage increase and decrease are relative to the previous value

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