A person working as a Petroleum Geologist in Moldova typically earns around 45,900 MDL per month. Salaries range from 21,100 MDL (lowest) to 73,000 MDL (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 salaries in Moldova range from 21,100 MDL per month (minimum salary) to 73,000 MDL per month (maximum salary).
The median salary is 49,600 MDL per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 49,600 MDL while the other half are earning more than 49,600 MDL. 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 Petroleum Geologist(s) are earning less than 31,800 MDL while 75% of them are earning more than 31,800 MDL. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 66,200 MDL while 25% are earning more than 66,200 MDL.
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 Petroleum Geologist salaries by experience level and this is what we found.
A Petroleum Geologist with less than two years of experience makes approximately 24,000 MDL per month.
While someone with an experience level between two and five years is expected to earn 32,000 MDL 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 47,300 MDL per month, 48% more than someone with two to five years of experience.
Additionally, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 57,700 MDL 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 62,900 MDL 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 68,000 MDL 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 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 27,300 MDL per month.
While someone with a Master's Degree gets a salary of 42,900 MDL per month, 57% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 71,900 MDL per month, 68% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Moldova costs anywhere from 133,000 Moldovan Leu(s) to 400,000 Moldovan Leu(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 Petroleum Geologist employees in Moldova earn 12% more than their female counterparts on average.
Petroleum Geologist(s) in Moldova are likely to observe a salary increase of approximately 9% 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 Moldova 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 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.
57% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 43% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% 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 Petroleum Geologist is 91% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.
|Job Title||Average Salary|
|Assistant Yard Manager||24,000 MDL||-48%|
|Associate Analyst||25,500 MDL||-44%|
|Associate Landman||10,700 MDL||-77%|
|Auxiliary Equipment Operator||10,500 MDL||-77%|
|Biomass Plant Technician||12,100 MDL||-74%|
|Biomass Power Plant Manager||36,100 MDL||-21%|
|Chemical Plant Operator||19,700 MDL||-57%|
|Chief Contract Compliance Engineer||25,400 MDL||-45%|
|Completions Engineer||22,800 MDL||-50%|
|Cost Controller||18,300 MDL||-60%|
|Crude Oil Marketing Representative||27,300 MDL||-41%|
|Distribution Manager||34,500 MDL||-25%|
|Dragline Operator||11,600 MDL||-75%|
|Driller Offsider||8,930 MDL||-81%|
|Dump Truck Driver||10,000 MDL||-78%|
|Electric and Gas Operations Manager||56,800 MDL||+24%|
|Energy Advisor||36,500 MDL||-20%|
|Energy Analyst||33,100 MDL||-28%|
|Energy Auditor||30,500 MDL||-34%|
|Energy Dispatch Director||40,300 MDL||-12%|
|Energy Technical Assistant||15,400 MDL||-66%|
|Energy Technical Manager||30,500 MDL||-34%|
|Energy Technical Trainer||22,200 MDL||-52%|
|Exploration Manager||42,700 MDL||-7%|
|Field Safety Auditor||28,800 MDL||-37%|
|Fluids Engineer||24,000 MDL||-48%|
|Fuel Cell Engineer||26,500 MDL||-42%|
|Fuel Cell Technician||11,900 MDL||-74%|
|Fuels Handler||11,800 MDL||-74%|
|Gas Compressor Operator||10,900 MDL||-76%|
|Gas Distribution Plant Operator||21,000 MDL||-54%|
|Gas Supply Manager||36,400 MDL||-21%|
|Geothermal Production Manager||43,700 MDL||-5%|
|Geothermal Technician||16,900 MDL||-63%|
|HSE Engineer||24,200 MDL||-47%|
|HSE Officer||15,300 MDL||-67%|
|HSEQ Administrator||18,000 MDL||-61%|
|Instrument Designer||19,100 MDL||-58%|
|Lead Technical Field Advisor||33,300 MDL||-27%|
|Logistics and Tool Coordinator||22,100 MDL||-52%|
|Maintenance Engineer||25,800 MDL||-44%|
|Maintenance Superintendent||22,800 MDL||-50%|
|Material Controller||16,300 MDL||-64%|
|Mine Engineer||22,700 MDL||-51%|
|Mine Surveyor||25,700 MDL||-44%|
|Mining Project Administrator||21,000 MDL||-54%|
|Mining Project Assistant||17,100 MDL||-63%|
|Mining Project Controls Consultant||28,200 MDL||-39%|
|Mining Project Coordinator||21,200 MDL||-54%|
|Mining Project Engineer||24,800 MDL||-46%|
|Mining Project Manager||30,400 MDL||-34%|
|Mining Site Manager||34,000 MDL||-26%|
|Mining Team Leader||26,200 MDL||-43%|
|NDT Technician||14,700 MDL||-68%|
|Oil Service Unit Operator||12,400 MDL||-73%|
|Oil Trader||33,000 MDL||-28%|
|Oilwell Pumper||9,220 MDL||-80%|
|Petroleum Engineer||28,500 MDL||-38%|
|Petroleum Geologist||45,900 MDL||+0%|
|Petroleum Pump System Operator||13,500 MDL||-71%|
|Pipeline Technician||9,250 MDL||-80%|
|Power Coordinator||15,000 MDL||-67%|
|Power Plant Operations Manager||49,200 MDL||+7%|
|Power Plant Operator||20,200 MDL||-56%|
|Radio Operator||10,300 MDL||-78%|
|Reliability Engineer||24,700 MDL||-46%|
|Reservoir Engineer||23,500 MDL||-49%|
|Risk Analyst||30,900 MDL||-33%|
|Shutdown Engineer||21,300 MDL||-54%|
|Solar Energy Installation Manager||36,300 MDL||-21%|
|Solar Energy Systems Engineer||26,500 MDL||-42%|
|Solar Photovoltaic Installer||15,800 MDL||-66%|
|Solar Thermal Technician||15,700 MDL||-66%|
|Supply Operations Manager||40,900 MDL||-11%|
|Sustainability Specialist||39,400 MDL||-14%|
|System Development Advisor||29,300 MDL||-36%|
|Tanker Truck Driver||9,590 MDL||-79%|
|Utility Operator||12,900 MDL||-72%|
|Wind Energy Project Manager||32,700 MDL||-29%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Moldova earn 14% more than their private sector counterparts on average across all sectors.