HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Drilling Engineer Average Salary in Montenegro 2021

How much money does a Drilling Engineer make in Montenegro?


Average Monthly Salary
2,300 EUR
( 27,700 EUR yearly)

LOW
1,060
EUR
AVERAGE
2,300
EUR
HIGH
3,660
EUR

A person working as a Drilling Engineer in Montenegro typically earns around 2,300 EUR per month. Salaries range from 1,060 EUR (lowest) to 3,660 EUR (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 Montenegro

Median and salary distribution monthly Montenegro Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/montenegro/engineering/drilling-engineer/median-and-salary-distribution-monthly-montenegro-drilling-engineer.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Drilling Engineer salaries in Montenegro range from 1,060 EUR per month (minimum salary) to 3,660 EUR per month (maximum salary).

  • Median Salary

    The median salary is 2,490 EUR per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 2,490 EUR while the other half are earning more than 2,490 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 Drilling Engineer(s) are earning less than 1,600 EUR while 75% of them are earning more than 1,600 EUR. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 3,320 EUR while 25% are earning more than 3,320 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

Drilling Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Montenegro Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/montenegro/engineering/drilling-engineer/salary-comparison-by-years-of-experience-monthly-montenegro-drilling-engineer.jpg

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 1,200 EUR per month.

While someone with an experience level between two and five years is expected to earn 1,610 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 2,380 EUR per month, 48% 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, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,900 EUR 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 3,160 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 3,420 EUR per month, 8% more than people with fifteen to twenty years of experience.


Drilling Engineer average salary change by experience in Montenegro

0 - 2 Years
1,200 EUR
2 - 5 Years+34%
1,610 EUR
5 - 10 Years+48%
2,380 EUR
10 - 15 Years+22%
2,900 EUR
15 - 20 Years+9%
3,160 EUR
20+ Years+8%
3,420 EUR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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.

Salary comparison by education level monthly Montenegro Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/montenegro/engineering/drilling-engineer/salary-comparison-by-education-level-monthly-montenegro-drilling-engineer.jpg

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 1,370 EUR per month.

While someone with a Bachelor's Degree gets a salary of 2,150 EUR per month, 57% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 3,610 EUR per month, 68% more than someone with a Bachelor's Degree.


Drilling Engineer average salary difference by education level in Montenegro

Certificate or Diploma
1,370 EUR
Bachelor's Degree+57%
2,150 EUR
Master's Degree+68%
3,610 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 Montenegro costs anywhere from 13,400 Euro(s) to 40,100 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Drilling Engineer Salary Comparison By Gender

Salary comparison by gender monthly Montenegro Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/montenegro/engineering/drilling-engineer/salary-comparison-by-gender-monthly-montenegro-drilling-engineer.jpg

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 Montenegro earn 9% more than their female counterparts on average.

Male
2,400 EUR
Female-8%
2,210 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Montenegro for all Careers

Salary comparison by gender monthly Montenegro
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/montenegro/salary-comparison-by-gender-monthly-montenegro.jpg

Drilling Engineer Average Annual Salary Increment Percentage in Montenegro

How much are annual salary increments in Montenegro for Drilling Engineer(s)? How often do employees get salary raises?

Drilling Engineer

Drilling Engineer(s) in Montenegro are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Montenegro Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/montenegro/engineering/drilling-engineer/annual-salary-increment-rate-montenegro-drilling-engineer.jpg


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.

Montenegro / 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 Montenegro is 2%.

Annual Increment Rate By Industry 2020

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Montenegro 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

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Drilling Engineer Bonus and Incentive Rates in Montenegro

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Montenegro Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/montenegro/engineering/drilling-engineer/annual-salary-bonus-rate-montenegro-drilling-engineer.jpg

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.

84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
16%
No Bonus
84%

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.

Drilling Engineer Average Hourly Wage in Montenegro


13 EUR per hour

The average hourly wage (pay per hour) in Montenegro is 13 EUR. This means that the average Drilling Engineer in Montenegro earns approximately 13 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.

Drilling Engineer VS Other Jobs

Salary Comparison Between Drilling Engineer and Engineering monthly Montenegro
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/montenegro/engineering/drilling-engineer/salary-comparison-between-drilling-engineer-and-engineering-monthly-montenegro.jpg

The average salary for Drilling Engineer is 2% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Acoustics Engineer2,360 EUR+2%
Assembly Engineering Technician1,790 EUR-22%
Assistant Chief Engineer2,710 EUR+18%
Associate Engineer2,110 EUR-8%
Autocad Operator1,450 EUR-37%
Automation Engineer2,600 EUR+13%
Avionic System Support Engineer2,140 EUR-7%
Biochemical Engineer2,230 EUR-3%
BMS Engineer2,130 EUR-8%
Bridge and Lock Tender1,230 EUR-47%
Broadcast Engineer2,290 EUR-1%
CAD Design Engineer2,420 EUR+5%
CAD Designer1,530 EUR-34%
CAE Engineer2,340 EUR+2%
Ceramics Engineer2,100 EUR-9%
Civil Engineer2,470 EUR+7%
Commissioning Engineer2,400 EUR+4%
Communications Engineer2,640 EUR+15%
Condition Monitoring Engineer2,090 EUR-9%
Contract Associate Engineer2,270 EUR-2%
Control Systems Engineer2,320 EUR+1%
Controls Engineer2,430 EUR+5%
Controls Software Engineer2,170 EUR-6%
Corrosion Engineer2,120 EUR-8%
Design Engineer2,320 EUR+1%
Drafter1,520 EUR-34%
Drafting Manager2,650 EUR+15%
Drilling Engineer2,300 EUR-0%
Electrical Draughtsman1,210 EUR-48%
Electrical Engineer2,720 EUR+18%
Electrical Engineering Manager3,370 EUR+46%
Electromechanical Engineering Technologist2,510 EUR+9%
Electromechanical Equipment Assembler1,280 EUR-44%
Energy Engineer2,430 EUR+5%
Engine Assembler1,070 EUR-54%
Engineer2,590 EUR+12%
Engineering Account Manager2,800 EUR+21%
Engineering Chief Designer2,590 EUR+12%
Engineering Consultant3,180 EUR+38%
Engineering Key Account Manager3,460 EUR+50%
Engineering Lab Technician2,330 EUR+1%
Engineering Planning Manager3,240 EUR+41%
Engineering Production Manager4,360 EUR+89%
Engineering Project Analyst2,680 EUR+16%
Engineering Project Coordinator 2,870 EUR+25%
Engineering Project Director4,770 EUR+110%
Engineering Project Manager3,460 EUR+50%
Engineering Research and Development Manager3,820 EUR+66%
Engineering Safety Coordinator1,770 EUR-23%
Engineering Sales Manager3,080 EUR+34%
Engineering Technician1,920 EUR-17%
Engineering Technologist1,800 EUR-22%
Environmental Engineer2,270 EUR-2%
Equipment Engineer2,210 EUR-4%
Equipment Engineering Manager3,010 EUR+31%
Estimator2,060 EUR-11%
Fabrication Specialist1,640 EUR-29%
Fabricator1,100 EUR-52%
Facade Engineer2,290 EUR-1%
Fiber Analyst1,370 EUR-41%
Field Engineer2,480 EUR+8%
Field Engineering Manager3,820 EUR+66%
Fire Engineer2,400 EUR+4%
Fitter and Turner730 EUR-68%
Forestry Strategic Planner2,890 EUR+25%
Generation Engineer2,340 EUR+2%
Genetic Engineer2,690 EUR+17%
Geological Engineer2,520 EUR+9%
Geotechnical Engineer2,510 EUR+9%
Heavy Equipment Mechanic1,240 EUR-46%
Highway Engineer2,460 EUR+7%
HSE Professional2,290 EUR-1%
HVAC Engineer2,480 EUR+8%
HVAC Supervisor2,120 EUR-8%
Industrial Engineer2,350 EUR+2%
Industrial Engineering Technologist2,260 EUR-2%
Instrument Engineer2,220 EUR-4%
Instrumentation and Control Engineer2,220 EUR-4%
Instrumentation Engineer2,280 EUR-1%
Instrumentation Manager2,430 EUR+5%
Irrigation Engineer2,240 EUR-3%
Licensed Aircraft Engineer2,590 EUR+12%
Locomotive Engineer2,350 EUR+2%
Maintenance Engineer2,260 EUR-2%
Maintenance Fitter850 EUR-63%
Maintenance Manager2,440 EUR+6%
Manufacturing Engineer2,190 EUR-5%
Marine Engineer2,390 EUR+4%
Materials Engineer2,200 EUR-5%
Materials Researcher2,150 EUR-7%
Materials Technician1,740 EUR-25%
Mechanical and Electrical Engineer2,420 EUR+5%
Mechanical Design Engineer2,490 EUR+8%
Mechanical Designer2,110 EUR-8%
Mechanical Engineer2,500 EUR+8%
Mechanical Engineering Manager3,450 EUR+50%
Mechanical Inspector2,330 EUR+1%
Mechatronics Engineer2,430 EUR+5%
Mining Engineer2,240 EUR-3%
Oil and Petrochemical Engineer2,650 EUR+15%
Optical Engineer2,400 EUR+4%
Optical Instrument Assembler1,180 EUR-49%
PCB Assembler830 EUR-64%
Photonics Engineer2,540 EUR+10%
Photonics Technician2,170 EUR-6%
Pipeline Engineer2,100 EUR-9%
Piping Designer1,300 EUR-44%
Piping Engineer2,080 EUR-10%
Planning Engineer2,450 EUR+6%
Pressure Vessel Inspector1,100 EUR-52%
Principal Cost Engineer2,400 EUR+4%
Principal Engineer2,280 EUR-1%
Principal Support Engineer2,390 EUR+4%
Process Engineer2,270 EUR-2%
Process Operator1,440 EUR-38%
Product Development Engineer2,490 EUR+8%
Product Development Technician1,720 EUR-25%
Product Engineer2,360 EUR+2%
Product Safety Engineer2,320 EUR+1%
Production Engineer2,410 EUR+5%
Project Engineer2,510 EUR+9%
Proposal Manager2,990 EUR+30%
Purchasing Engineer2,200 EUR-5%
Quality Assurance Engineer2,450 EUR+6%
Rail Engineer2,360 EUR+2%
Robotics Engineer2,570 EUR+11%
Robotics Technician1,940 EUR-16%
Safety Engineer2,440 EUR+6%
Safety Inspector1,920 EUR-17%
Safety Manager2,780 EUR+21%
Safety Officer1,180 EUR-49%
Sales Engineer2,420 EUR+5%
Scheduling Engineer2,100 EUR-9%
Service Engineer2,480 EUR+8%
Solar Engineer2,430 EUR+5%
Staff Engineer2,360 EUR+2%
Static Equipment Engineer2,300 EUR-0%
Stationary Engineer2,140 EUR-7%
Stress Engineer2,260 EUR-2%
Structural Analysis Engineer2,250 EUR-2%
Structural Designer2,130 EUR-8%
Structural Engineer2,350 EUR+2%
Structural Technician1,460 EUR-37%
Supply Chain Specialist2,300 EUR-0%
Surveyor1,700 EUR-26%
Technical Affairs Officer1,140 EUR-51%
Technical Assistant1,180 EUR-49%
Technical Engineer2,080 EUR-10%
Technical Support Engineer2,090 EUR-9%
Tender Engineer2,210 EUR-4%
Test Development Engineer2,280 EUR-1%
Transportation Engineer2,190 EUR-5%
Validation Engineer2,050 EUR-11%
Verification Engineer2,140 EUR-7%
Wastewater Engineer2,230 EUR-3%
Wind Energy Engineer2,330 EUR+1%
Wind Energy Operations Manager3,180 EUR+38%
Work Planner1,700 EUR-26%

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 Montenegro earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
2,380 EUR
Public Sector+25%
2,970 EUR
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2021