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 salaries in Montenegro range from 1,060 EUR per month (minimum salary) to 3,660 EUR per month (maximum 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.
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.
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 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.
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.
|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 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.
|Certificate or Diploma|
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.
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.
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.
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 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.
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.
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 Drilling Engineer is 2% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||2,360 EUR||+2%|
|Assembly Engineering Technician||1,790 EUR||-22%|
|Assistant Chief Engineer||2,710 EUR||+18%|
|Associate Engineer||2,110 EUR||-8%|
|Autocad Operator||1,450 EUR||-37%|
|Automation Engineer||2,600 EUR||+13%|
|Avionic System Support Engineer||2,140 EUR||-7%|
|Biochemical Engineer||2,230 EUR||-3%|
|BMS Engineer||2,130 EUR||-8%|
|Bridge and Lock Tender||1,230 EUR||-47%|
|Broadcast Engineer||2,290 EUR||-1%|
|CAD Design Engineer||2,420 EUR||+5%|
|CAD Designer||1,530 EUR||-34%|
|CAE Engineer||2,340 EUR||+2%|
|Ceramics Engineer||2,100 EUR||-9%|
|Civil Engineer||2,470 EUR||+7%|
|Commissioning Engineer||2,400 EUR||+4%|
|Communications Engineer||2,640 EUR||+15%|
|Condition Monitoring Engineer||2,090 EUR||-9%|
|Contract Associate Engineer||2,270 EUR||-2%|
|Control Systems Engineer||2,320 EUR||+1%|
|Controls Engineer||2,430 EUR||+5%|
|Controls Software Engineer||2,170 EUR||-6%|
|Corrosion Engineer||2,120 EUR||-8%|
|Design Engineer||2,320 EUR||+1%|
|Drafting Manager||2,650 EUR||+15%|
|Drilling Engineer||2,300 EUR||-0%|
|Electrical Draughtsman||1,210 EUR||-48%|
|Electrical Engineer||2,720 EUR||+18%|
|Electrical Engineering Manager||3,370 EUR||+46%|
|Electromechanical Engineering Technologist||2,510 EUR||+9%|
|Electromechanical Equipment Assembler||1,280 EUR||-44%|
|Energy Engineer||2,430 EUR||+5%|
|Engine Assembler||1,070 EUR||-54%|
|Engineering Account Manager||2,800 EUR||+21%|
|Engineering Chief Designer||2,590 EUR||+12%|
|Engineering Consultant||3,180 EUR||+38%|
|Engineering Key Account Manager||3,460 EUR||+50%|
|Engineering Lab Technician||2,330 EUR||+1%|
|Engineering Planning Manager||3,240 EUR||+41%|
|Engineering Production Manager||4,360 EUR||+89%|
|Engineering Project Analyst||2,680 EUR||+16%|
|Engineering Project Coordinator||2,870 EUR||+25%|
|Engineering Project Director||4,770 EUR||+110%|
|Engineering Project Manager||3,460 EUR||+50%|
|Engineering Research and Development Manager||3,820 EUR||+66%|
|Engineering Safety Coordinator||1,770 EUR||-23%|
|Engineering Sales Manager||3,080 EUR||+34%|
|Engineering Technician||1,920 EUR||-17%|
|Engineering Technologist||1,800 EUR||-22%|
|Environmental Engineer||2,270 EUR||-2%|
|Equipment Engineer||2,210 EUR||-4%|
|Equipment Engineering Manager||3,010 EUR||+31%|
|Fabrication Specialist||1,640 EUR||-29%|
|Facade Engineer||2,290 EUR||-1%|
|Fiber Analyst||1,370 EUR||-41%|
|Field Engineer||2,480 EUR||+8%|
|Field Engineering Manager||3,820 EUR||+66%|
|Fire Engineer||2,400 EUR||+4%|
|Fitter and Turner||730 EUR||-68%|
|Forestry Strategic Planner||2,890 EUR||+25%|
|Generation Engineer||2,340 EUR||+2%|
|Genetic Engineer||2,690 EUR||+17%|
|Geological Engineer||2,520 EUR||+9%|
|Geotechnical Engineer||2,510 EUR||+9%|
|Heavy Equipment Mechanic||1,240 EUR||-46%|
|Highway Engineer||2,460 EUR||+7%|
|HSE Professional||2,290 EUR||-1%|
|HVAC Engineer||2,480 EUR||+8%|
|HVAC Supervisor||2,120 EUR||-8%|
|Industrial Engineer||2,350 EUR||+2%|
|Industrial Engineering Technologist||2,260 EUR||-2%|
|Instrument Engineer||2,220 EUR||-4%|
|Instrumentation and Control Engineer||2,220 EUR||-4%|
|Instrumentation Engineer||2,280 EUR||-1%|
|Instrumentation Manager||2,430 EUR||+5%|
|Irrigation Engineer||2,240 EUR||-3%|
|Licensed Aircraft Engineer||2,590 EUR||+12%|
|Locomotive Engineer||2,350 EUR||+2%|
|Maintenance Engineer||2,260 EUR||-2%|
|Maintenance Fitter||850 EUR||-63%|
|Maintenance Manager||2,440 EUR||+6%|
|Manufacturing Engineer||2,190 EUR||-5%|
|Marine Engineer||2,390 EUR||+4%|
|Materials Engineer||2,200 EUR||-5%|
|Materials Researcher||2,150 EUR||-7%|
|Materials Technician||1,740 EUR||-25%|
|Mechanical and Electrical Engineer||2,420 EUR||+5%|
|Mechanical Design Engineer||2,490 EUR||+8%|
|Mechanical Designer||2,110 EUR||-8%|
|Mechanical Engineer||2,500 EUR||+8%|
|Mechanical Engineering Manager||3,450 EUR||+50%|
|Mechanical Inspector||2,330 EUR||+1%|
|Mechatronics Engineer||2,430 EUR||+5%|
|Mining Engineer||2,240 EUR||-3%|
|Oil and Petrochemical Engineer||2,650 EUR||+15%|
|Optical Engineer||2,400 EUR||+4%|
|Optical Instrument Assembler||1,180 EUR||-49%|
|PCB Assembler||830 EUR||-64%|
|Photonics Engineer||2,540 EUR||+10%|
|Photonics Technician||2,170 EUR||-6%|
|Pipeline Engineer||2,100 EUR||-9%|
|Piping Designer||1,300 EUR||-44%|
|Piping Engineer||2,080 EUR||-10%|
|Planning Engineer||2,450 EUR||+6%|
|Pressure Vessel Inspector||1,100 EUR||-52%|
|Principal Cost Engineer||2,400 EUR||+4%|
|Principal Engineer||2,280 EUR||-1%|
|Principal Support Engineer||2,390 EUR||+4%|
|Process Engineer||2,270 EUR||-2%|
|Process Operator||1,440 EUR||-38%|
|Product Development Engineer||2,490 EUR||+8%|
|Product Development Technician||1,720 EUR||-25%|
|Product Engineer||2,360 EUR||+2%|
|Product Safety Engineer||2,320 EUR||+1%|
|Production Engineer||2,410 EUR||+5%|
|Project Engineer||2,510 EUR||+9%|
|Proposal Manager||2,990 EUR||+30%|
|Purchasing Engineer||2,200 EUR||-5%|
|Quality Assurance Engineer||2,450 EUR||+6%|
|Rail Engineer||2,360 EUR||+2%|
|Robotics Engineer||2,570 EUR||+11%|
|Robotics Technician||1,940 EUR||-16%|
|Safety Engineer||2,440 EUR||+6%|
|Safety Inspector||1,920 EUR||-17%|
|Safety Manager||2,780 EUR||+21%|
|Safety Officer||1,180 EUR||-49%|
|Sales Engineer||2,420 EUR||+5%|
|Scheduling Engineer||2,100 EUR||-9%|
|Service Engineer||2,480 EUR||+8%|
|Solar Engineer||2,430 EUR||+5%|
|Staff Engineer||2,360 EUR||+2%|
|Static Equipment Engineer||2,300 EUR||-0%|
|Stationary Engineer||2,140 EUR||-7%|
|Stress Engineer||2,260 EUR||-2%|
|Structural Analysis Engineer||2,250 EUR||-2%|
|Structural Designer||2,130 EUR||-8%|
|Structural Engineer||2,350 EUR||+2%|
|Structural Technician||1,460 EUR||-37%|
|Supply Chain Specialist||2,300 EUR||-0%|
|Technical Affairs Officer||1,140 EUR||-51%|
|Technical Assistant||1,180 EUR||-49%|
|Technical Engineer||2,080 EUR||-10%|
|Technical Support Engineer||2,090 EUR||-9%|
|Tender Engineer||2,210 EUR||-4%|
|Test Development Engineer||2,280 EUR||-1%|
|Transportation Engineer||2,190 EUR||-5%|
|Validation Engineer||2,050 EUR||-11%|
|Verification Engineer||2,140 EUR||-7%|
|Wastewater Engineer||2,230 EUR||-3%|
|Wind Energy Engineer||2,330 EUR||+1%|
|Wind Energy Operations Manager||3,180 EUR||+38%|
|Work Planner||1,700 EUR||-26%|
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.