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Petroleum Geologist Average Salary in Peru 2022

How much money does a Petroleum Geologist make in Peru?

Average Monthly Salary
11,600 PEN
( 139,000 PEN yearly)


A person working as a Petroleum Geologist in Peru typically earns around 11,600 PEN per month. Salaries range from 6,040 PEN (lowest) to 17,800 PEN (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 Peru

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

  • Salary Range

    Petroleum Geologist salaries in Peru range from 6,040 PEN per month (minimum salary) to 17,800 PEN per month (maximum salary).

  • Median Salary

    The median salary is 11,200 PEN per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 11,200 PEN while the other half are earning more than 11,200 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.

  • 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 7,740 PEN while 75% of them are earning more than 7,740 PEN. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 13,900 PEN while 25% are earning more than 13,900 PEN.

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 Peru 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 6,860 PEN per month.

While someone with an experience level between two and five years is expected to earn 9,210 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 12,000 PEN per month, 30% 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 14,500 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 15,800 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 16,700 PEN per month, 5% more than people with fifteen to twenty years of experience.

Petroleum Geologist average salary change by experience in Peru

0 - 2 Years
6,860 PEN
2 - 5 Years+34%
9,210 PEN
5 - 10 Years+30%
12,000 PEN
10 - 15 Years+21%
14,500 PEN
15 - 20 Years+9%
15,800 PEN
20+ Years+5%
16,700 PEN
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 Peru 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 8,860 PEN per month.

While someone with a Master's Degree gets a salary of 11,000 PEN per month, 24% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 17,500 PEN per month, 60% more than someone with a Master's Degree.

Petroleum Geologist average salary difference by education level in Peru

Bachelor's Degree
8,860 PEN
Master's Degree+24%
11,000 PEN
17,500 PEN
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 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.

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 Peru 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 Peru earn 8% more than their female counterparts on average.

12,100 PEN
11,200 PEN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Peru for all Careers

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

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

Petroleum Geologist

Petroleum Geologist(s) in Peru are likely to observe a salary increase of approximately 14% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Peru 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.

Peru / 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 Peru is 6%.

Annual Increment Rate By Industry 2021

Information Technology

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.

Worldwide Salary Raises: All Countries and All Jobs

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Petroleum Geologist Bonus and Incentive Rates in Peru

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Peru 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.

48% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 52% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% 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 Peru

67 PEN per hour

The average hourly wage (pay per hour) in Peru is 67 PEN. This means that the average Petroleum Geologist in Peru earns approximately 67 PEN 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 Peru
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The average salary for Petroleum Geologist is 71% 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 Manager6,550 PEN-44%
Associate Analyst7,330 PEN-37%
Associate Landman3,080 PEN-73%
Auxiliary Equipment Operator2,860 PEN-75%
Biomass Plant Technician3,330 PEN-71%
Biomass Power Plant Manager9,270 PEN-20%
Chemical Plant Operator5,670 PEN-51%
Chief Contract Compliance Engineer6,970 PEN-40%
Completions Engineer6,480 PEN-44%
Cost Controller4,940 PEN-57%
Crude Oil Marketing Representative7,310 PEN-37%
Dispatcher2,750 PEN-76%
Distribution Manager9,070 PEN-22%
Dragline Operator3,160 PEN-73%
Driller Offsider2,420 PEN-79%
Dump Truck Driver2,720 PEN-77%
Electric and Gas Operations Manager15,400 PEN+33%
Energy Advisor10,500 PEN-10%
Energy Analyst9,470 PEN-18%
Energy Auditor8,100 PEN-30%
Energy Dispatch Director11,300 PEN-3%
Energy Technical Assistant4,010 PEN-65%
Energy Technical Manager8,330 PEN-28%
Energy Technical Trainer5,660 PEN-51%
Exploration Manager12,200 PEN+5%
Field Safety Auditor7,760 PEN-33%
Fluids Engineer6,310 PEN-46%
Fuel Cell Engineer6,790 PEN-42%
Fuel Cell Technician3,480 PEN-70%
Fuels Handler3,170 PEN-73%
Gas Compressor Operator3,090 PEN-73%
Gas Distribution Plant Operator5,560 PEN-52%
Gas Supply Manager10,000 PEN-14%
Geologist11,500 PEN-1%
Geophysicist12,000 PEN+3%
Geothermal Production Manager11,000 PEN-5%
Geothermal Technician4,820 PEN-59%
HSE Engineer6,920 PEN-40%
HSE Officer4,080 PEN-65%
HSEQ Administrator4,930 PEN-58%
Inspector5,960 PEN-49%
Instructor5,340 PEN-54%
Instrument Designer5,070 PEN-56%
Lead Technical Field Advisor8,710 PEN-25%
Logistics and Tool Coordinator6,000 PEN-48%
Maintenance Engineer7,010 PEN-40%
Maintenance Superintendent5,870 PEN-49%
Material Controller4,650 PEN-60%
Mine Engineer6,640 PEN-43%
Mine Surveyor7,350 PEN-37%
Mining Project Administrator5,700 PEN-51%
Mining Project Assistant4,590 PEN-60%
Mining Project Controls Consultant7,780 PEN-33%
Mining Project Coordinator5,700 PEN-51%
Mining Project Engineer6,770 PEN-42%
Mining Project Manager8,190 PEN-29%
Mining Site Manager8,730 PEN-25%
Mining Team Leader7,220 PEN-38%
NDT Technician4,170 PEN-64%
Oil Service Unit Operator3,450 PEN-70%
Oil Trader8,880 PEN-24%
Oilwell Pumper2,500 PEN-78%
Petroleum Engineer 7,290 PEN-37%
Petroleum Geologist11,600 PEN-0%
Petroleum Pump System Operator3,850 PEN-67%
Pipeline Technician2,660 PEN-77%
Power Coordinator3,970 PEN-66%
Power Plant Operations Manager13,200 PEN+14%
Power Plant Operator5,390 PEN-54%
Radio Operator2,970 PEN-74%
Reliability Engineer6,470 PEN-44%
Reservoir Engineer6,300 PEN-46%
Risk Analyst8,420 PEN-28%
Roughneck6,880 PEN-41%
Scaffolder4,530 PEN-61%
Shutdown Engineer5,780 PEN-50%
Solar Energy Installation Manager10,300 PEN-11%
Solar Energy Systems Engineer7,040 PEN-39%
Solar Photovoltaic Installer4,310 PEN-63%
Solar Thermal Technician3,970 PEN-66%
Supply Operations Manager10,600 PEN-9%
Sustainability Specialist11,100 PEN-4%
System Development Advisor8,010 PEN-31%
Tanker Truck Driver2,590 PEN-78%
Utility Operator3,670 PEN-68%
Wind Energy Project Manager9,260 PEN-20%

Salary Comparison By City

CityAverage Salary
Arequipa12,700 PEN
Chiclayo12,500 PEN
Cusco12,000 PEN
Huancayo11,700 PEN
Iquitos10,700 PEN
Lima13,400 PEN
Trujillo12,000 PEN

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 Peru earn 9% more than their private sector counterparts on average across all sectors.

Private Sector
7,250 PEN
Public Sector+9%
7,890 PEN
Percentage increase and decrease are relative to the previous value

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