Drilling Engineer Average Salary in Mongolia 2022
How much money does a Drilling Engineer make in Mongolia?
LOW
913,000
MNT AVERAGE
1,750,000
MNT HIGH
2,690,000
MNT
A person working as a Drilling Engineer in Mongolia typically earns around 1,750,000 MNT per month. Salaries range from 913,000 MNT (lowest) to 2,690,000 MNT (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 Mongolia
The median, the maximum, the minimum, and the range
Salary Range
Drilling Engineer salaries in Mongolia range from 913,000 MNT per month (minimum salary) to 2,690,000 MNT per month (maximum salary).
Median Salary
The median salary is 1,680,000 MNT per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 1,680,000 MNT while the other half are earning more than 1,680,000 MNT. 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 1,170,000 MNT while 75% of them are earning more than 1,170,000 MNT. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 2,100,000 MNT while 25% are earning more than 2,100,000 MNT.
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 1,040,000 MNT per month.
While someone with an experience level between two and five years is expected to earn 1,390,000 MNT 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 1,810,000 MNT 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 2,190,000 MNT 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 2,390,000 MNT 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 2,520,000 MNT per month, 5% more than people with fifteen to twenty years of experience.
Drilling Engineer average salary change by experience in Mongolia
| 0 - 2 Years | 1,040,000 MNT | |
| 2 - 5 Years | +34% | 1,390,000 MNT |
| 5 - 10 Years | +30% | 1,810,000 MNT |
| 10 - 15 Years | +21% | 2,190,000 MNT |
| 15 - 20 Years | +9% | 2,390,000 MNT |
| 20+ Years | +5% | 2,520,000 MNT |
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 1,230,000 MNT per month.
While someone with a Bachelor's Degree gets a salary of 1,870,000 MNT per month, 52% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 2,650,000 MNT per month, 42% more than someone with a Bachelor's Degree.
Drilling Engineer average salary difference by education level in Mongolia
| Certificate or Diploma | 1,230,000 MNT | |
| Bachelor's Degree | +52% | 1,870,000 MNT |
| Master's Degree | +42% | 2,650,000 MNT |
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 Mongolia costs anywhere from 9,750,000 Tugrik(s) to 29,300,000 Tugrik(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 Mongolia earn 7% more than their female counterparts on average.
| Male | 1,820,000 MNT | |
| Female | -6% | 1,710,000 MNT |
Salary Comparison By Gender in Mongolia for all Careers
Drilling Engineer Average Annual Salary Increment Percentage in Mongolia
How much are annual salary increments in Mongolia for Drilling Engineer(s)? How often do employees get salary raises?
Drilling Engineer
Drilling Engineer(s) in Mongolia 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.
Mongolia / 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 | 8% | |
| Energy | 7% | |
| Information Technology | 6% | |
| Healthcare | 5% | |
| Travel | 4% | |
| Construction | 3% | |
| Education | 2% |
Listed above are the average annual increase rates for each industry in Mongolia 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 Mongolia
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 Mongolia
10,100 MNT per hourThe average hourly wage (pay per hour) in Mongolia is 10,100 MNT. This means that the average Drilling Engineer in Mongolia earns approximately 10,100 MNT 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 7% 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 | 1,630,000 MNT |  -7% |
| Assembly Engineering Technician | 1,370,000 MNT | -22% |
| Assistant Chief Engineer | 1,880,000 MNT |  +7% |
| Associate Engineer | 1,620,000 MNT | -8% |
| Autocad Operator | 1,110,000 MNT | -37% |
| Automation Engineer | 1,790,000 MNT | +2% |
| Avionic System Support Engineer | 1,620,000 MNT | -8% |
| Biochemical Engineer | 1,580,000 MNT | -10% |
| BMS Engineer | 1,570,000 MNT | -11% |
| Bridge and Lock Tender | 949,000 MNT | -46% |
| Broadcast Engineer | 1,680,000 MNT | -4% |
| CAD Design Engineer | 1,750,000 MNT | -0% |
| CAD Designer | 1,110,000 MNT | -37% |
| CAE Engineer | 1,690,000 MNT | -4% |
| Ceramics Engineer | 1,600,000 MNT | -9% |
| Civil Engineer | 1,710,000 MNT | -3% |
| Commissioning Engineer | 1,760,000 MNT | +0% |
| Communications Engineer | 1,940,000 MNT | +11% |
| Condition Monitoring Engineer | 1,450,000 MNT | -17% |
| Contract Associate Engineer | 1,610,000 MNT | -8% |
| Control Systems Engineer | 1,620,000 MNT | -8% |
| Controls Engineer | 1,720,000 MNT | -2% |
| Controls Software Engineer | 1,520,000 MNT | -13% |
| Corrosion Engineer | 1,620,000 MNT | -8% |
| Design Engineer | 1,770,000 MNT | +1% |
| Drafter | 1,040,000 MNT | -41% |
| Drafting Manager | 1,990,000 MNT | +13% |
| Drilling Engineer | 1,750,000 MNT | -0% |
| Electrical Draughtsman | 895,000 MNT | -49% |
| Electrical Engineer | 1,880,000 MNT | +7% |
| Electrical Engineering Manager | 2,560,000 MNT | +46% |
| Electromechanical Engineering Technologist | 1,820,000 MNT | +4% |
| Electromechanical Equipment Assembler | 927,000 MNT | -47% |
| Energy Engineer | 1,800,000 MNT | +3% |
| Engine Assembler | 761,000 MNT | -57% |
| Engineer | 1,780,000 MNT | +1% |
| Engineering Account Manager | 2,040,000 MNT | +16% |
| Engineering Chief Designer | 1,960,000 MNT | +12% |
| Engineering Consultant | 2,260,000 MNT | +29% |
| Engineering Key Account Manager | 2,540,000 MNT | +45% |
| Engineering Lab Technician | 1,700,000 MNT | -3% |
| Engineering Planning Manager | 2,300,000 MNT | +31% |
| Engineering Production Manager | 3,100,000 MNT | +77% |
| Engineering Project Analyst | 1,950,000 MNT | +11% |
| Engineering Project Coordinator | 2,080,000 MNT | +19% |
| Engineering Project Director | 3,400,000 MNT | +94% |
| Engineering Project Manager | 2,360,000 MNT | +34% |
| Engineering Research and Development Manager | 2,730,000 MNT | +56% |
| Engineering Safety Coordinator | 1,360,000 MNT | -23% |
| Engineering Sales Manager | 2,310,000 MNT | +32% |
| Engineering Technician | 1,310,000 MNT | -25% |
| Engineering Technologist | 1,300,000 MNT | -26% |
| Environmental Engineer | 1,720,000 MNT | -2% |
| Equipment Engineer | 1,510,000 MNT | -14% |
| Equipment Engineering Manager | 2,280,000 MNT | +30% |
| Estimator | 1,450,000 MNT | -17% |
| Fabrication Specialist | 1,280,000 MNT | -27% |
| Fabricator | 777,000 MNT | -56% |
| Facade Engineer | 1,670,000 MNT | -5% |
| Fiber Analyst | 951,000 MNT | -46% |
| Field Engineer | 1,880,000 MNT | +7% |
| Field Engineering Manager | 2,890,000 MNT | +65% |
| Fire Engineer | 1,820,000 MNT | +4% |
| Fitter and Turner | 549,000 MNT | -69% |
| Forestry Strategic Planner | 1,940,000 MNT | +11% |
| Generation Engineer | 1,720,000 MNT | -2% |
| Genetic Engineer | 1,940,000 MNT | +11% |
| Geological Engineer | 1,870,000 MNT | +7% |
| Geotechnical Engineer | 1,900,000 MNT | +8% |
| Heavy Equipment Mechanic | 891,000 MNT | -49% |
| Highway Engineer | 1,680,000 MNT | -4% |
| HSE Professional | 1,690,000 MNT | -4% |
| HVAC Engineer | 1,870,000 MNT | +7% |
| HVAC Supervisor | 1,550,000 MNT | -12% |
| Industrial Engineer | 1,600,000 MNT | -9% |
| Industrial Engineering Technologist | 1,590,000 MNT | -9% |
| Instrument Engineer | 1,710,000 MNT | -3% |
| Instrumentation and Control Engineer | 1,750,000 MNT | -0% |
| Instrumentation Engineer | 1,760,000 MNT | +0% |
| Instrumentation Manager | 1,730,000 MNT | -1% |
| Irrigation Engineer | 1,690,000 MNT | -4% |
| Licensed Aircraft Engineer | 1,850,000 MNT | +5% |
| Locomotive Engineer | 1,720,000 MNT | -2% |
| Maintenance Engineer | 1,700,000 MNT | -3% |
| Maintenance Fitter | 596,000 MNT | -66% |
| Maintenance Manager | 1,720,000 MNT | -2% |
| Manufacturing Engineer | 1,650,000 MNT | -6% |
| Marine Engineer | 1,800,000 MNT | +3% |
| Materials Engineer | 1,650,000 MNT | -6% |
| Materials Researcher | 1,550,000 MNT | -12% |
| Materials Technician | 1,310,000 MNT | -25% |
| Mechanical and Electrical Engineer | 1,790,000 MNT | +2% |
| Mechanical Design Engineer | 1,760,000 MNT | +0% |
| Mechanical Designer | 1,490,000 MNT | -15% |
| Mechanical Engineer | 1,870,000 MNT | +7% |
| Mechanical Engineering Manager | 2,330,000 MNT | +33% |
| Mechanical Inspector | 1,680,000 MNT | -4% |
| Mechatronics Engineer | 1,750,000 MNT | -0% |
| Mining Engineer | 1,770,000 MNT | +1% |
| Oil and Petrochemical Engineer | 1,970,000 MNT | +12% |
| Optical Engineer | 1,640,000 MNT | -7% |
| Optical Instrument Assembler | 892,000 MNT | -49% |
| PCB Assembler | 607,000 MNT | -65% |
| Photonics Engineer | 1,880,000 MNT | +7% |
| Photonics Technician | 1,600,000 MNT | -9% |
| Pipeline Engineer | 1,500,000 MNT | -15% |
| Piping Designer | 932,000 MNT | -47% |
| Piping Engineer | 1,640,000 MNT | -7% |
| Planning Engineer | 1,730,000 MNT | -1% |
| Pressure Vessel Inspector | 801,000 MNT | -54% |
| Principal Cost Engineer | 1,810,000 MNT | +3% |
| Principal Engineer | 1,750,000 MNT | -0% |
| Principal Support Engineer | 1,830,000 MNT | +4% |
| Process Engineer | 1,690,000 MNT | -4% |
| Process Operator | 982,000 MNT | -44% |
| Product Development Engineer | 1,860,000 MNT | +6% |
| Product Development Technician | 1,300,000 MNT | -26% |
| Product Engineer | 1,750,000 MNT | -0% |
| Product Safety Engineer | 1,670,000 MNT | -5% |
| Production Engineer | 1,700,000 MNT | -3% |
| Project Engineer | 1,860,000 MNT | +6% |
| Proposal Manager | 2,330,000 MNT | +33% |
| Purchasing Engineer | 1,630,000 MNT | -7% |
| Quality Assurance Engineer | 1,650,000 MNT | -6% |
| Rail Engineer | 1,750,000 MNT | -0% |
| Robotics Engineer | 1,960,000 MNT | +12% |
| Robotics Technician | 1,480,000 MNT | -16% |
| Safety Engineer | 1,810,000 MNT | +3% |
| Safety Inspector | 1,410,000 MNT | -20% |
| Safety Manager | 2,030,000 MNT | +16% |
| Safety Officer | 906,000 MNT | -48% |
| Sales Engineer | 1,910,000 MNT | +9% |
| Scheduling Engineer | 1,540,000 MNT | -12% |
| Service Engineer | 1,780,000 MNT | +1% |
| Solar Engineer | 1,870,000 MNT | +7% |
| Staff Engineer | 1,790,000 MNT | +2% |
| Static Equipment Engineer | 1,750,000 MNT | -0% |
| Stationary Engineer | 1,590,000 MNT | -9% |
| Stress Engineer | 1,680,000 MNT | -4% |
| Structural Analysis Engineer | 1,680,000 MNT | -4% |
| Structural Designer | 1,550,000 MNT | -12% |
| Structural Engineer | 1,750,000 MNT | -0% |
| Structural Technician | 1,080,000 MNT | -38% |
| Supply Chain Specialist | 1,660,000 MNT | -5% |
| Surveyor | 1,350,000 MNT | -23% |
| Technical Affairs Officer | 888,000 MNT | -49% |
| Technical Assistant | 914,000 MNT | -48% |
| Technical Engineer | 1,500,000 MNT | -15% |
| Technical Support Engineer | 1,450,000 MNT | -17% |
| Tender Engineer | 1,510,000 MNT | -14% |
| Test Development Engineer | 1,700,000 MNT | -3% |
| Transportation Engineer | 1,620,000 MNT | -8% |
| Validation Engineer | 1,480,000 MNT | -16% |
| Verification Engineer | 1,700,000 MNT | -3% |
| Wastewater Engineer | 1,760,000 MNT | +0% |
| Wind Energy Engineer | 1,820,000 MNT | +4% |
| Wind Energy Operations Manager | 2,260,000 MNT | +29% |
| Work Planner | 1,270,000 MNT | -28% |
Salary Comparison By City
| City | Average Salary |
| Ulan Bator | 1,770,000 MNT |
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 Mongolia earn 17% more than their private sector counterparts on average across all sectors.
| Private Sector | 1,810,000 MNT | |
| Public Sector | +17% | 2,130,000 MNT |
