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Petroleum Geologist Average Salary in Paraguay 2021

How much money does a Petroleum Geologist make in Paraguay?

Average Monthly Salary
13,000,000 PYG
( 156,000,000 PYG yearly)


A person working as a Petroleum Geologist in Paraguay typically earns around 13,000,000 PYG per month. Salaries range from 6,380,000 PYG (lowest) to 20,300,000 PYG (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 Salary Distribution in Paraguay

Median and salary distribution monthly Paraguay Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Paraguay range from 6,380,000 PYG per month (minimum salary) to 20,300,000 PYG per month (maximum salary).

  • Median Salary

    The median salary is 13,300,000 PYG per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 13,300,000 PYG while the other half are earning more than 13,300,000 PYG. 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 Petroleum Geologist(s) are earning less than 8,850,000 PYG while 75% of them are earning more than 8,850,000 PYG. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 17,100,000 PYG while 25% are earning more than 17,100,000 PYG.

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

Petroleum Geologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Paraguay Petroleum Geologist
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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 Petroleum Geologist salaries by experience level and this is what we found.

A Petroleum Geologist with less than two years of experience makes approximately 7,570,000 PYG per month.

While someone with an experience level between two and five years is expected to earn 9,730,000 PYG 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 13,400,000 PYG 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, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 16,600,000 PYG 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 17,800,000 PYG 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 19,000,000 PYG per month, 7% more than people with fifteen to twenty years of experience.

Petroleum Geologist average salary change by experience in Paraguay

0 - 2 Years
7,570,000 PYG
2 - 5 Years+29%
9,730,000 PYG
5 - 10 Years+38%
13,400,000 PYG
10 - 15 Years+24%
16,600,000 PYG
15 - 20 Years+7%
17,800,000 PYG
20+ Years+7%
19,000,000 PYG
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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Petroleum Geologist Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Petroleum Geologist(s) who have the same experience but different education levels.

Salary comparison by education level monthly Paraguay Petroleum Geologist
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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 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 8,890,000 PYG per month.

While someone with a Master's Degree gets a salary of 12,200,000 PYG per month, 38% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 20,000,000 PYG per month, 64% more than someone with a Master's Degree.

Petroleum Geologist average salary difference by education level in Paraguay

Bachelor's Degree
8,890,000 PYG
Master's Degree+38%
12,200,000 PYG
20,000,000 PYG
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 Paraguay costs anywhere from 41,100,000 Guarani(s) to 123,000,000 Guarani(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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Petroleum Geologist Salary Comparison By Gender

Salary comparison by gender monthly Paraguay Petroleum Geologist
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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 Petroleum Geologist employees in Paraguay earn 8% more than their female counterparts on average.

13,400,000 PYG
12,400,000 PYG
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Paraguay for all Careers

Salary comparison by gender monthly Paraguay
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Petroleum Geologist Average Annual Salary Increment Percentage in Paraguay

How much are annual salary increments in Paraguay for Petroleum Geologist(s)? How often do employees get salary raises?

Petroleum Geologist

Petroleum Geologist(s) in Paraguay 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.

Annual Salary Increment Rate Paraguay Petroleum Geologist
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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.

Paraguay / 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 Paraguay is 2%.

Annual Increment Rate By Industry 2020

Information Technology

Listed above are the average annual increase rates for each industry in Paraguay 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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Petroleum Geologist Bonus and Incentive Rates in Paraguay

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Paraguay Petroleum Geologist
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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.

60% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 40% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

Petroleum Geologist Average Hourly Wage in Paraguay

75,200 PYG per hour

The average hourly wage (pay per hour) in Paraguay is 75,200 PYG. This means that the average Petroleum Geologist in Paraguay earns approximately 75,200 PYG 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.

Petroleum Geologist VS Other Jobs

Salary Comparison Between Petroleum Geologist and Oil  / Gas / Energy / Mining monthly Paraguay
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The average salary for Petroleum Geologist is 76% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager6,810,000 PYG-48%
Associate Analyst7,960,000 PYG-39%
Associate Landman3,340,000 PYG-74%
Auxiliary Equipment Operator3,070,000 PYG-76%
Biomass Plant Technician3,500,000 PYG-73%
Biomass Power Plant Manager10,700,000 PYG-18%
Chemical Plant Operator5,740,000 PYG-56%
Chief Contract Compliance Engineer7,900,000 PYG-39%
Completions Engineer7,010,000 PYG-46%
Cost Controller5,080,000 PYG-61%
Crude Oil Marketing Representative8,230,000 PYG-37%
Dispatcher3,200,000 PYG-75%
Distribution Manager10,600,000 PYG-19%
Dragline Operator3,540,000 PYG-73%
Driller Offsider2,730,000 PYG-79%
Dump Truck Driver2,870,000 PYG-78%
Electric and Gas Operations Manager17,400,000 PYG+34%
Energy Advisor11,700,000 PYG-10%
Energy Analyst10,100,000 PYG-22%
Energy Auditor9,540,000 PYG-27%
Energy Dispatch Director12,700,000 PYG-3%
Energy Technical Assistant4,640,000 PYG-64%
Energy Technical Manager8,660,000 PYG-34%
Energy Technical Trainer6,450,000 PYG-50%
Exploration Manager12,500,000 PYG-4%
Field Safety Auditor8,040,000 PYG-38%
Fluids Engineer7,410,000 PYG-43%
Fuel Cell Engineer7,640,000 PYG-41%
Fuel Cell Technician3,900,000 PYG-70%
Fuels Handler3,560,000 PYG-73%
Gas Compressor Operator3,120,000 PYG-76%
Gas Distribution Plant Operator6,190,000 PYG-52%
Gas Supply Manager11,300,000 PYG-13%
Geologist12,900,000 PYG-1%
Geophysicist13,000,000 PYG-0%
Geothermal Production Manager12,100,000 PYG-7%
Geothermal Technician5,310,000 PYG-59%
HSE Engineer7,620,000 PYG-42%
HSE Officer4,490,000 PYG-66%
HSEQ Administrator5,250,000 PYG-60%
Inspector7,050,000 PYG-46%
Instructor5,780,000 PYG-56%
Instrument Designer5,970,000 PYG-54%
Lead Technical Field Advisor9,390,000 PYG-28%
Logistics and Tool Coordinator6,330,000 PYG-51%
Maintenance Engineer7,340,000 PYG-44%
Maintenance Superintendent6,760,000 PYG-48%
Material Controller5,150,000 PYG-60%
Mine Engineer7,450,000 PYG-43%
Mine Surveyor7,840,000 PYG-40%
Mining Project Administrator6,200,000 PYG-52%
Mining Project Assistant4,970,000 PYG-62%
Mining Project Controls Consultant8,430,000 PYG-35%
Mining Project Coordinator6,780,000 PYG-48%
Mining Project Engineer7,260,000 PYG-44%
Mining Project Manager9,680,000 PYG-26%
Mining Site Manager10,100,000 PYG-22%
Mining Team Leader7,580,000 PYG-42%
NDT Technician4,510,000 PYG-65%
Oil Service Unit Operator3,920,000 PYG-70%
Oil Trader9,210,000 PYG-29%
Oilwell Pumper2,810,000 PYG-78%
Petroleum Engineer 8,260,000 PYG-37%
Petroleum Geologist13,000,000 PYG-0%
Petroleum Pump System Operator4,270,000 PYG-67%
Pipeline Technician2,700,000 PYG-79%
Power Coordinator4,610,000 PYG-65%
Power Plant Operations Manager14,800,000 PYG+14%
Power Plant Operator5,890,000 PYG-55%
Radio Operator3,220,000 PYG-75%
Reliability Engineer6,920,000 PYG-47%
Reservoir Engineer7,090,000 PYG-46%
Risk Analyst8,810,000 PYG-32%
Roughneck7,160,000 PYG-45%
Scaffolder4,970,000 PYG-62%
Shutdown Engineer6,100,000 PYG-53%
Solar Energy Installation Manager10,400,000 PYG-20%
Solar Energy Systems Engineer7,840,000 PYG-40%
Solar Photovoltaic Installer4,800,000 PYG-63%
Solar Thermal Technician4,420,000 PYG-66%
Supply Operations Manager12,100,000 PYG-7%
Sustainability Specialist12,200,000 PYG-6%
System Development Advisor8,590,000 PYG-34%
Tanker Truck Driver2,850,000 PYG-78%
Utility Operator3,970,000 PYG-70%
Wind Energy Project Manager9,770,000 PYG-25%

Salary Comparison By City

CityAverage Salary
Asuncion13,900,000 PYG

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 Paraguay earn 10% more than their private sector counterparts on average across all sectors.

Private Sector
7,970,000 PYG
Public Sector+10%
8,790,000 PYG
Percentage increase and decrease are relative to the previous value

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