A person working as a Drilling Engineer in Peru typically earns around 6,390 PEN per month. Salaries range from 3,320 PEN (lowest) to 9,770 PEN (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 Peru range from 3,320 PEN per month (minimum salary) to 9,770 PEN per month (maximum salary).
The median salary is 6,130 PEN per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 6,130 PEN while the other half are earning more than 6,130 PEN. 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 4,260 PEN while 75% of them are earning more than 4,260 PEN. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 7,640 PEN while 25% are earning more than 7,640 PEN.
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 3,770 PEN per month.
While someone with an experience level between two and five years is expected to earn 5,060 PEN 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 6,580 PEN 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 7,970 PEN 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 8,710 PEN 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 9,160 PEN per month, 5% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+30%|
|10 - 15 Years||+21%|
|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 4,480 PEN per month.
While someone with a Bachelor's Degree gets a salary of 6,810 PEN per month, 52% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 9,650 PEN per month, 42% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Peru costs anywhere from 37,700 Nuevo Sol(s) to 113,000 Nuevo Sol(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 Peru earn 8% more than their female counterparts on average.
Drilling Engineer(s) in Peru are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 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 Peru 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.
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.
74% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 26% 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.
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 0% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||6,090 PEN||-5%|
|Assembly Engineering Technician||4,800 PEN||-25%|
|Assistant Chief Engineer||7,480 PEN||+17%|
|Associate Engineer||5,950 PEN||-7%|
|Autocad Operator||3,910 PEN||-39%|
|Automation Engineer||7,070 PEN||+11%|
|Avionic System Support Engineer||5,980 PEN||-6%|
|Biochemical Engineer||6,170 PEN||-3%|
|BMS Engineer||5,930 PEN||-7%|
|Bridge and Lock Tender||3,560 PEN||-44%|
|Broadcast Engineer||6,570 PEN||+3%|
|CAD Design Engineer||6,370 PEN||-0%|
|CAD Designer||4,150 PEN||-35%|
|CAE Engineer||6,380 PEN||-0%|
|Ceramics Engineer||5,940 PEN||-7%|
|Civil Engineer||6,510 PEN||+2%|
|Commissioning Engineer||6,070 PEN||-5%|
|Communications Engineer||7,040 PEN||+10%|
|Condition Monitoring Engineer||5,780 PEN||-10%|
|Contract Associate Engineer||6,280 PEN||-2%|
|Control Systems Engineer||6,320 PEN||-1%|
|Controls Engineer||6,570 PEN||+3%|
|Controls Software Engineer||5,490 PEN||-14%|
|Corrosion Engineer||5,700 PEN||-11%|
|Design Engineer||6,920 PEN||+8%|
|Drafting Manager||7,630 PEN||+19%|
|Drilling Engineer||6,390 PEN||+0%|
|Electrical Draughtsman||3,140 PEN||-51%|
|Electrical Engineer||7,010 PEN||+10%|
|Electrical Engineering Manager||8,880 PEN||+39%|
|Electromechanical Engineering Technologist||6,640 PEN||+4%|
|Electromechanical Equipment Assembler||3,480 PEN||-46%|
|Energy Engineer||7,090 PEN||+11%|
|Engine Assembler||3,000 PEN||-53%|
|Engineering Account Manager||7,350 PEN||+15%|
|Engineering Chief Designer||7,590 PEN||+19%|
|Engineering Consultant||8,540 PEN||+34%|
|Engineering Key Account Manager||9,720 PEN||+52%|
|Engineering Lab Technician||6,100 PEN||-5%|
|Engineering Planning Manager||9,170 PEN||+44%|
|Engineering Production Manager||12,000 PEN||+88%|
|Engineering Project Analyst||7,590 PEN||+19%|
|Engineering Project Coordinator||7,380 PEN||+16%|
|Engineering Project Director||12,800 PEN||+100%|
|Engineering Project Manager||9,220 PEN||+44%|
|Engineering Research and Development Manager||10,800 PEN||+69%|
|Engineering Safety Coordinator||5,110 PEN||-20%|
|Engineering Sales Manager||8,910 PEN||+39%|
|Engineering Technician||5,110 PEN||-20%|
|Engineering Technologist||5,010 PEN||-22%|
|Environmental Engineer||6,320 PEN||-1%|
|Equipment Engineer||5,700 PEN||-11%|
|Equipment Engineering Manager||8,840 PEN||+38%|
|Fabrication Specialist||4,800 PEN||-25%|
|Facade Engineer||6,450 PEN||+1%|
|Fiber Analyst||3,670 PEN||-43%|
|Field Engineer||6,770 PEN||+6%|
|Field Engineering Manager||10,700 PEN||+68%|
|Fire Engineer||6,550 PEN||+3%|
|Fitter and Turner||2,030 PEN||-68%|
|Forestry Strategic Planner||7,820 PEN||+22%|
|Generation Engineer||6,400 PEN||+0%|
|Genetic Engineer||7,290 PEN||+14%|
|Geological Engineer||6,510 PEN||+2%|
|Geotechnical Engineer||7,210 PEN||+13%|
|Heavy Equipment Mechanic||3,400 PEN||-47%|
|Highway Engineer||6,550 PEN||+3%|
|HSE Professional||5,810 PEN||-9%|
|HVAC Engineer||6,790 PEN||+6%|
|HVAC Supervisor||5,700 PEN||-11%|
|Industrial Engineer||5,960 PEN||-7%|
|Industrial Engineering Technologist||6,270 PEN||-2%|
|Instrument Engineer||6,110 PEN||-4%|
|Instrumentation and Control Engineer||6,440 PEN||+1%|
|Instrumentation Engineer||6,240 PEN||-2%|
|Instrumentation Manager||6,690 PEN||+5%|
|Irrigation Engineer||6,450 PEN||+1%|
|Licensed Aircraft Engineer||6,920 PEN||+8%|
|Locomotive Engineer||6,270 PEN||-2%|
|Maintenance Engineer||6,040 PEN||-5%|
|Maintenance Fitter||2,190 PEN||-66%|
|Maintenance Manager||6,300 PEN||-1%|
|Manufacturing Engineer||6,020 PEN||-6%|
|Marine Engineer||6,740 PEN||+6%|
|Materials Engineer||6,380 PEN||-0%|
|Materials Researcher||5,990 PEN||-6%|
|Materials Technician||4,730 PEN||-26%|
|Mechanical and Electrical Engineer||7,120 PEN||+11%|
|Mechanical Design Engineer||6,930 PEN||+8%|
|Mechanical Designer||5,440 PEN||-15%|
|Mechanical Engineer||6,720 PEN||+5%|
|Mechanical Engineering Manager||9,500 PEN||+49%|
|Mechanical Inspector||6,020 PEN||-6%|
|Mechatronics Engineer||7,140 PEN||+12%|
|Mining Engineer||6,490 PEN||+2%|
|Oil and Petrochemical Engineer||6,950 PEN||+9%|
|Optical Engineer||6,390 PEN||+0%|
|Optical Instrument Assembler||3,230 PEN||-49%|
|PCB Assembler||2,370 PEN||-63%|
|Photonics Engineer||7,440 PEN||+16%|
|Photonics Technician||5,890 PEN||-8%|
|Pipeline Engineer||6,060 PEN||-5%|
|Piping Designer||3,480 PEN||-46%|
|Piping Engineer||5,700 PEN||-11%|
|Planning Engineer||6,670 PEN||+4%|
|Pressure Vessel Inspector||2,960 PEN||-54%|
|Principal Cost Engineer||6,860 PEN||+7%|
|Principal Engineer||6,270 PEN||-2%|
|Principal Support Engineer||6,730 PEN||+5%|
|Process Engineer||6,110 PEN||-4%|
|Process Operator||3,660 PEN||-43%|
|Product Development Engineer||6,900 PEN||+8%|
|Product Development Technician||4,920 PEN||-23%|
|Product Engineer||6,700 PEN||+5%|
|Product Safety Engineer||6,280 PEN||-2%|
|Production Engineer||6,550 PEN||+3%|
|Project Engineer||6,600 PEN||+3%|
|Proposal Manager||8,750 PEN||+37%|
|Purchasing Engineer||5,700 PEN||-11%|
|Quality Assurance Engineer||6,630 PEN||+4%|
|Rail Engineer||6,550 PEN||+3%|
|Robotics Engineer||7,660 PEN||+20%|
|Robotics Technician||5,390 PEN||-16%|
|Safety Engineer||6,300 PEN||-1%|
|Safety Inspector||4,860 PEN||-24%|
|Safety Manager||7,850 PEN||+23%|
|Safety Officer||3,240 PEN||-49%|
|Sales Engineer||6,650 PEN||+4%|
|Scheduling Engineer||5,760 PEN||-10%|
|Service Engineer||7,090 PEN||+11%|
|Solar Engineer||6,690 PEN||+5%|
|Staff Engineer||6,440 PEN||+1%|
|Static Equipment Engineer||6,390 PEN||+0%|
|Stationary Engineer||5,650 PEN||-12%|
|Stress Engineer||5,930 PEN||-7%|
|Structural Analysis Engineer||6,060 PEN||-5%|
|Structural Designer||5,890 PEN||-8%|
|Structural Engineer||6,510 PEN||+2%|
|Structural Technician||4,140 PEN||-35%|
|Supply Chain Specialist||6,060 PEN||-5%|
|Technical Affairs Officer||3,370 PEN||-47%|
|Technical Assistant||3,400 PEN||-47%|
|Technical Engineer||5,390 PEN||-16%|
|Technical Support Engineer||5,780 PEN||-10%|
|Tender Engineer||5,890 PEN||-8%|
|Test Development Engineer||6,440 PEN||+1%|
|Transportation Engineer||6,410 PEN||+0%|
|Validation Engineer||6,000 PEN||-6%|
|Verification Engineer||5,980 PEN||-6%|
|Wastewater Engineer||6,120 PEN||-4%|
|Wind Energy Engineer||6,270 PEN||-2%|
|Wind Energy Operations Manager||8,810 PEN||+38%|
|Work Planner||4,470 PEN||-30%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Peru earn 9% more than their private sector counterparts on average across all sectors.