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Drilling Engineer Average Salary in New Caledonia 2021

How much money does a Drilling Engineer make in New Caledonia?


Average Monthly Salary
73,400 XPF
( 880,000 XPF yearly)

LOW
36,000
XPF
AVERAGE
73,400
XPF
HIGH
114,000
XPF

A person working as a Drilling Engineer in New Caledonia typically earns around 73,400 XPF per month. Salaries range from 36,000 XPF (lowest) to 114,000 XPF (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 New Caledonia

Median and salary distribution monthly New Caledonia Drilling Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Drilling Engineer salaries in New Caledonia range from 36,000 XPF per month (minimum salary) to 114,000 XPF per month (maximum salary).

  • Median Salary

    The median salary is 74,800 XPF per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 74,800 XPF while the other half are earning more than 74,800 XPF. 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 49,900 XPF while 75% of them are earning more than 49,900 XPF. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 96,500 XPF while 25% are earning more than 96,500 XPF.


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 New Caledonia Drilling Engineer
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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 Drilling Engineer salaries by experience level and this is what we found.

A Drilling Engineer with less than two years of experience makes approximately 42,600 XPF per month.

While someone with an experience level between two and five years is expected to earn 54,800 XPF per month, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 75,600 XPF per month, 38% 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 93,600 XPF per month, 24% 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 100,000 XPF per month, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 107,000 XPF per month, 7% more than people with fifteen to twenty years of experience.


Drilling Engineer average salary change by experience in New Caledonia

0 - 2 Years
42,600 XPF
2 - 5 Years+29%
54,800 XPF
5 - 10 Years+38%
75,600 XPF
10 - 15 Years+24%
93,600 XPF
15 - 20 Years+7%
100,000 XPF
20+ Years+7%
107,000 XPF
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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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 New Caledonia Drilling Engineer
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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 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 54,800 XPF per month.

While someone with a Bachelor's Degree gets a salary of 73,600 XPF per month, 34% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 113,000 XPF per month, 53% more than someone with a Bachelor's Degree.


Drilling Engineer average salary difference by education level in New Caledonia

Certificate or Diploma
54,800 XPF
Bachelor's Degree+34%
73,600 XPF
Master's Degree+53%
113,000 XPF
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 New Caledonia costs anywhere from 438,000 CFP Franc(s) to 1,320,000 CFP Franc(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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Drilling Engineer Salary Comparison By Gender

Salary comparison by gender monthly New Caledonia Drilling Engineer
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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 Drilling Engineer employees in New Caledonia earn 11% more than their female counterparts on average.

Male
76,500 XPF
Female-10%
68,600 XPF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in New Caledonia for all Careers

Salary comparison by gender monthly New Caledonia
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Drilling Engineer Average Annual Salary Increment Percentage in New Caledonia

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

Drilling Engineer

Drilling Engineer(s) in New Caledonia 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 New Caledonia Drilling Engineer
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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.

New Caledonia / 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 New Caledonia is 2%.

Annual Increment Rate By Industry 2020

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in New Caledonia 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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Drilling Engineer Bonus and Incentive Rates in New Caledonia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate New Caledonia Drilling Engineer
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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.

87% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 13% 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
13%
No Bonus
87%

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 New Caledonia


420 XPF per hour

The average hourly wage (pay per hour) in New Caledonia is 420 XPF. This means that the average Drilling Engineer in New Caledonia earns approximately 420 XPF 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 New Caledonia
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The average salary for Drilling Engineer is 1% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Acoustics Engineer76,100 XPF+4%
Assembly Engineering Technician59,800 XPF-18%
Assistant Chief Engineer82,800 XPF+13%
Associate Engineer69,100 XPF-6%
Autocad Operator48,700 XPF-34%
Automation Engineer84,300 XPF+15%
Avionic System Support Engineer73,800 XPF+1%
Biochemical Engineer73,200 XPF-0%
BMS Engineer68,300 XPF-7%
Bridge and Lock Tender43,300 XPF-41%
Broadcast Engineer77,300 XPF+5%
CAD Design Engineer78,500 XPF+7%
CAD Designer50,200 XPF-32%
CAE Engineer72,300 XPF-1%
Ceramics Engineer71,600 XPF-2%
Civil Engineer77,200 XPF+5%
Commissioning Engineer72,600 XPF-1%
Communications Engineer81,500 XPF+11%
Condition Monitoring Engineer64,000 XPF-13%
Contract Associate Engineer74,500 XPF+2%
Control Systems Engineer76,700 XPF+5%
Controls Engineer74,300 XPF+1%
Controls Software Engineer65,700 XPF-10%
Corrosion Engineer71,000 XPF-3%
Design Engineer80,800 XPF+10%
Drafter49,500 XPF-33%
Drafting Manager86,900 XPF+18%
Drilling Engineer73,400 XPF+0%
Electrical Draughtsman39,400 XPF-46%
Electrical Engineer87,500 XPF+19%
Electrical Engineering Manager109,000 XPF+49%
Electromechanical Engineering Technologist81,700 XPF+11%
Electromechanical Equipment Assembler42,100 XPF-43%
Energy Engineer84,400 XPF+15%
Engine Assembler36,000 XPF-51%
Engineer84,800 XPF+16%
Engineering Account Manager84,000 XPF+14%
Engineering Chief Designer87,600 XPF+19%
Engineering Consultant99,200 XPF+35%
Engineering Key Account Manager109,000 XPF+49%
Engineering Lab Technician69,700 XPF-5%
Engineering Planning Manager103,000 XPF+40%
Engineering Production Manager138,000 XPF+88%
Engineering Project Analyst91,400 XPF+25%
Engineering Project Coordinator 92,200 XPF+26%
Engineering Project Director149,000 XPF+100%
Engineering Project Manager110,000 XPF+50%
Engineering Research and Development Manager129,000 XPF+76%
Engineering Safety Coordinator62,300 XPF-15%
Engineering Sales Manager105,000 XPF+43%
Engineering Technician61,100 XPF-17%
Engineering Technologist59,600 XPF-19%
Environmental Engineer75,200 XPF+2%
Equipment Engineer66,800 XPF-9%
Equipment Engineering Manager102,000 XPF+39%
Estimator66,900 XPF-9%
Fabrication Specialist57,200 XPF-22%
Fabricator35,200 XPF-52%
Facade Engineer75,000 XPF+2%
Fiber Analyst44,000 XPF-40%
Field Engineer76,700 XPF+5%
Field Engineering Manager132,000 XPF+80%
Fire Engineer74,200 XPF+1%
Fitter and Turner25,000 XPF-66%
Forestry Strategic Planner88,400 XPF+20%
Generation Engineer80,600 XPF+10%
Genetic Engineer88,200 XPF+20%
Geological Engineer78,800 XPF+7%
Geotechnical Engineer79,200 XPF+8%
Heavy Equipment Mechanic39,900 XPF-46%
Highway Engineer78,300 XPF+7%
HSE Professional69,500 XPF-5%
HVAC Engineer79,900 XPF+9%
HVAC Supervisor71,000 XPF-3%
Industrial Engineer76,300 XPF+4%
Industrial Engineering Technologist77,000 XPF+5%
Instrument Engineer72,200 XPF-2%
Instrumentation and Control Engineer76,000 XPF+4%
Instrumentation Engineer78,600 XPF+7%
Instrumentation Manager76,600 XPF+4%
Irrigation Engineer73,500 XPF+0%
Licensed Aircraft Engineer85,600 XPF+17%
Locomotive Engineer72,600 XPF-1%
Maintenance Engineer74,900 XPF+2%
Maintenance Fitter27,600 XPF-62%
Maintenance Manager76,200 XPF+4%
Manufacturing Engineer73,500 XPF+0%
Marine Engineer80,900 XPF+10%
Materials Engineer75,400 XPF+3%
Materials Researcher71,300 XPF-3%
Materials Technician53,600 XPF-27%
Mechanical and Electrical Engineer79,500 XPF+8%
Mechanical Design Engineer85,100 XPF+16%
Mechanical Designer65,900 XPF-10%
Mechanical Engineer78,100 XPF+6%
Mechanical Engineering Manager109,000 XPF+49%
Mechanical Inspector70,500 XPF-4%
Mechatronics Engineer82,300 XPF+12%
Mining Engineer76,700 XPF+5%
Oil and Petrochemical Engineer85,100 XPF+16%
Optical Engineer76,400 XPF+4%
Optical Instrument Assembler38,000 XPF-48%
PCB Assembler28,500 XPF-61%
Photonics Engineer88,500 XPF+21%
Photonics Technician69,000 XPF-6%
Pipeline Engineer69,000 XPF-6%
Piping Designer43,200 XPF-41%
Piping Engineer69,600 XPF-5%
Planning Engineer78,100 XPF+6%
Pressure Vessel Inspector36,800 XPF-50%
Principal Cost Engineer75,500 XPF+3%
Principal Engineer74,100 XPF+1%
Principal Support Engineer78,300 XPF+7%
Process Engineer73,700 XPF+0%
Process Operator46,800 XPF-36%
Product Development Engineer81,800 XPF+11%
Product Development Technician54,100 XPF-26%
Product Engineer78,200 XPF+7%
Product Safety Engineer76,000 XPF+4%
Production Engineer76,800 XPF+5%
Project Engineer83,800 XPF+14%
Proposal Manager104,000 XPF+42%
Purchasing Engineer71,500 XPF-3%
Quality Assurance Engineer74,900 XPF+2%
Rail Engineer80,400 XPF+10%
Robotics Engineer89,500 XPF+22%
Robotics Technician61,900 XPF-16%
Safety Engineer76,200 XPF+4%
Safety Inspector58,100 XPF-21%
Safety Manager91,300 XPF+24%
Safety Officer38,300 XPF-48%
Sales Engineer81,200 XPF+11%
Scheduling Engineer72,500 XPF-1%
Service Engineer78,000 XPF+6%
Solar Engineer79,000 XPF+8%
Staff Engineer73,000 XPF-1%
Static Equipment Engineer73,400 XPF+0%
Stationary Engineer71,700 XPF-2%
Stress Engineer72,600 XPF-1%
Structural Analysis Engineer73,100 XPF-0%
Structural Designer65,300 XPF-11%
Structural Engineer77,200 XPF+5%
Structural Technician48,300 XPF-34%
Supply Chain Specialist74,600 XPF+2%
Surveyor58,600 XPF-20%
Technical Affairs Officer37,600 XPF-49%
Technical Assistant40,000 XPF-45%
Technical Engineer63,100 XPF-14%
Technical Support Engineer64,000 XPF-13%
Tender Engineer70,400 XPF-4%
Test Development Engineer72,500 XPF-1%
Transportation Engineer76,300 XPF+4%
Validation Engineer69,300 XPF-6%
Verification Engineer73,800 XPF+1%
Wastewater Engineer74,800 XPF+2%
Wind Energy Engineer75,600 XPF+3%
Wind Energy Operations Manager104,000 XPF+42%
Work Planner54,800 XPF-25%

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 New Caledonia earn 11% more than their private sector counterparts on average across all sectors.

Private Sector
82,400 XPF
Public Sector+11%
91,200 XPF
Percentage increase and decrease are relative to the previous value

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