HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters

Geothermal Technician Average Salary in Bangladesh 2023

How much money does a person working as Geothermal Technician make in Bangladesh?


Average Monthly Salary
17,000 BDT
( 204,000 BDT yearly)

LOW
7,820
BDT
AVERAGE
17,000
BDT
HIGH
27,000
BDT

A person working as Geothermal Technician in Bangladesh typically earns around 17,000 BDT per month. Salaries range from 7,820 BDT (lowest) to 27,000 BDT (highest).

This is the average monthly salary including housing, transport, and other benefits. Geothermal Technician salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Geothermal Technician Pay Scale and Salaries in Bangladesh

Median and salary distribution Bangladesh Geothermal Technician monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/oil-gas-energy-mining/geothermal-technician/median-and-salary-distribution-monthly-bangladesh-geothermal-technician.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
16,100 BDT or more
10% of people earn
14,100 to 16,100 BDT
20% of people earn
9,730 BDT or less
65% of people earn
9,730 to 14,100 BDT
Minimum Salary
7,820 BDT
Median
16,200 BDT
Maximum
27,000 BDT


Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    Geothermal Technician salaries in Bangladesh range from 7,820 BDT per month (starting salary) to 27,000 BDT per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 16,200 BDT per month, which means that half (50%) of people working as Geothermal Technician(s) are earning less than 16,200 BDT while the other half are earning more than 16,200 BDT. 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 and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Geothermal Technician(s) are earning less than 13,100 BDT while 75% of them are earning more than 13,100 BDT. Also from the diagram, 75% of Geothermal Technician(s) are earning less than 18,700 BDT while 25% are earning more than 18,700 BDT.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 9,730 BDT to 14,100 BDT. Approximatly 20% fall under the 9,730 BDT cap. Ten percent of wages are from 14,100 BDT to 16,100 BDT. Only 5% of people grossed 16,100 BDT or more.

Geothermal Technician Salary Comparison by Years of Experience

How does experience and age affect your pay?

Geothermal Technician average salary change by experience in Bangladesh

0 - 2 Years
8,870 BDT
2 - 5 Years+34%
11,900 BDT
5 - 10 Years+48%
17,500 BDT
10 - 15 Years+22%
21,400 BDT
15 - 20 Years+9%
23,300 BDT
20+ Years+8%
25,200 BDT
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Bangladesh Geothermal Technician
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/oil-gas-energy-mining/geothermal-technician/salary-comparison-by-years-of-experience-monthly-bangladesh-geothermal-technician.jpg

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 Geothermal Technician salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 8,870 BDT per month.

While someone with an experience level between two and five years is expected to earn 11,900 BDT 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 17,500 BDT per month, 48% 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, Geothermal Technician whose expertise span anywhere between ten and fifteen years get a salary equivalent to 21,400 BDT 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 23,300 BDT 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 25,200 BDT per month, 8% more than people with fifteen to twenty years of experience.


Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Geothermal Technician Salary Comparison By Education

How do education levels affect salaries?

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

Geothermal Technician average salary difference by education level in Bangladesh

High School
10,100 BDT
Certificate or Diploma+57%
15,900 BDT
Bachelor's Degree+68%
26,600 BDT
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Bangladesh Geothermal Technician
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/oil-gas-energy-mining/geothermal-technician/salary-comparison-by-education-level-monthly-bangladesh-geothermal-technician.jpg

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 Geothermal Technician salaries by education level in order to make a comparison.

When the education level is High School, the average salary is 10,100 BDT per month.

While someone with a Certificate or Diploma gets a salary of 15,900 BDT per month, 57% more than someone having a High School degree.

People with Bachelor's Degree have an average salary of 26,600 BDT per month, 68% more than someone with a Certificate or Diploma.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender - Geothermal Technician

Salary comparison by gender Bangladesh Geothermal Technician monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/oil-gas-energy-mining/geothermal-technician/salary-comparison-by-gender-monthly-bangladesh-geothermal-technician.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Geothermal Technician employees in Bangladesh earn 21% more than their female counterparts on average.

Male
18,600 BDT
Female-18%
15,400 BDT
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bangladesh for all Careers

Salary comparison by gender monthly Bangladesh
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/salary-comparison-by-gender-monthly-bangladesh.jpg

Geothermal Technician Average Annual Salary Increment Percentage in Bangladesh

How much are annual salary increments in Bangladesh for Geothermal Technician(s)? How often do employees get salary raises?

Geothermal Technician

Geothermal Technician(s) in Bangladesh are likely to observe a salary increase of approximately 8% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Bangladesh Geothermal Technician
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/oil-gas-energy-mining/geothermal-technician/annual-salary-increment-rate-bangladesh-geothermal-technician.jpg


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.

Bangladesh / All Professions

Annual Salary Increment Rate Bangladesh
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/annual-salary-increment-rate-bangladesh.jpg

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 Bangladesh is 2%.

Annual Increment Rate By Industry 2022

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Bangladesh for the year 2022. 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

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Geothermal Technician Bonus and Incentive Rates in Bangladesh

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bangladesh Geothermal Technician
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/oil-gas-energy-mining/geothermal-technician/annual-salary-bonus-rate-bangladesh-geothermal-technician.jpg

"Geothermal Technician" is considered to be a low bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

85% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 15% 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
15%
No Bonus
85%

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.

Geothermal Technician Salary Trend and Forecast in Bangladesh

How are Geothermal Technician salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
14,700 BDT
Average Salary 2020+4%
15,200 BDT
Average Salary 2021+4%
15,800 BDT
Average Salary 2022+4%
16,400 BDT
Percentage increase and decrease are relative to the previous value

Geothermal Technician salaries in Bangladesh are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 4% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Bangladesh Geothermal Technician
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/oil-gas-energy-mining/geothermal-technician/salary-trends-and-forecast-monthly-bangladesh-geothermal-technician.jpg

Geothermal Technician Average Hourly Wage in Bangladesh


98 BDT per hour

The average hourly wage (pay per hour) in Bangladesh is 98 BDT. This means that the average Geothermal Technician in Bangladesh earns approximately 98 BDT for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for 'Geothermal Technician' in Bangladesh is 45 BDT. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Geothermal Technician VS Other Jobs

17,000 BDT
23,400 BDT
26,000 BDT
Average Salary
Geothermal Technician
Average Salary
Oil / Gas / Energy / Mining
Average Salary
All Jobs

The average salary for Geothermal Technician is 27% less than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary Comparison Between Geothermal Technician and Oil  / Gas / Energy / Mining monthly Bangladesh
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/oil-gas-energy-mining/geothermal-technician/salary-comparison-between-geothermal-technician-and-oil-gas-energy-mining-monthly-bangladesh.jpg

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager23,900 BDT+41%
Associate Analyst27,700 BDT+63%
Associate Landman11,600 BDT-32%
Auxiliary Equipment Operator9,560 BDT-44%
Biomass Plant Technician12,400 BDT-27%
Biomass Power Plant Manager32,700 BDT+92%
Chemical Plant Operator19,600 BDT+15%
Chief Contract Compliance Engineer24,700 BDT+45%
Completions Engineer23,200 BDT+37%
Cost Controller17,700 BDT+4%
Crude Oil Marketing Representative25,600 BDT+51%
Dispatcher10,900 BDT-36%
Distribution Manager34,600 BDT+100%
Dragline Operator12,100 BDT-29%
Driller Offsider8,980 BDT-47%
Dump Truck Driver9,240 BDT-46%
Electric and Gas Operations Manager57,100 BDT+240%
Energy Advisor37,900 BDT+120%
Energy Analyst36,400 BDT+110%
Energy Auditor29,600 BDT+74%
Energy Dispatch Director43,800 BDT+160%
Energy Technical Assistant15,600 BDT-8%
Energy Technical Manager30,400 BDT+79%
Energy Technical Trainer20,300 BDT+19%
Exploration Manager40,900 BDT+140%
Field Safety Auditor26,800 BDT+58%
Fluids Engineer24,100 BDT+42%
Fuel Cell Engineer26,300 BDT+55%
Fuel Cell Technician12,700 BDT-25%
Fuels Handler11,100 BDT-35%
Gas Compressor Operator11,200 BDT-34%
Gas Distribution Plant Operator19,100 BDT+12%
Gas Supply Manager36,900 BDT+120%
Geologist44,400 BDT+160%
Geophysicist42,900 BDT+150%
Geothermal Production Manager40,700 BDT+140%
Geothermal Technician17,000 BDT+0%
HSE Engineer24,400 BDT+44%
HSE Officer15,100 BDT-11%
HSEQ Administrator17,100 BDT+1%
Inspector23,000 BDT+35%
Instructor19,200 BDT+13%
Instrument Designer18,500 BDT+9%
Lead Technical Field Advisor30,900 BDT+82%
Logistics and Tool Coordinator20,400 BDT+20%
Maintenance Engineer24,700 BDT+45%
Maintenance Superintendent21,500 BDT+27%
Material Controller15,800 BDT-7%
Mine Engineer24,300 BDT+43%
Mine Surveyor28,200 BDT+66%
Mining Project Administrator21,700 BDT+28%
Mining Project Assistant16,500 BDT-3%
Mining Project Controls Consultant26,500 BDT+56%
Mining Project Coordinator21,300 BDT+25%
Mining Project Engineer22,600 BDT+33%
Mining Project Manager31,600 BDT+86%
Mining Site Manager30,800 BDT+81%
Mining Team Leader26,900 BDT+58%
NDT Technician14,900 BDT-12%
Oil Service Unit Operator13,000 BDT-24%
Oil Trader30,700 BDT+81%
Oilwell Pumper9,620 BDT-43%
Petroleum Engineer 27,200 BDT+60%
Petroleum Geologist42,400 BDT+150%
Petroleum Pump System Operator13,100 BDT-23%
Pipeline Technician9,230 BDT-46%
Power Coordinator14,700 BDT-13%
Power Plant Operations Manager48,000 BDT+180%
Power Plant Operator20,600 BDT+21%
Radio Operator11,200 BDT-34%
Reliability Engineer23,800 BDT+40%
Reservoir Engineer22,100 BDT+30%
Risk Analyst29,600 BDT+74%
Roughneck24,000 BDT+41%
Scaffolder16,700 BDT-2%
Shutdown Engineer19,600 BDT+15%
Solar Energy Installation Manager37,300 BDT+120%
Solar Energy Systems Engineer24,200 BDT+42%
Solar Photovoltaic Installer15,600 BDT-8%
Solar Thermal Technician15,000 BDT-12%
Supply Operations Manager40,200 BDT+140%
Sustainability Specialist40,800 BDT+140%
System Development Advisor26,800 BDT+58%
Tanker Truck Driver9,140 BDT-46%
Utility Operator13,100 BDT-23%
Wind Energy Project Manager34,900 BDT+110%

Salary Comparison By City

CityAverage Salary
Barisal17,400 BDT
Bogra18,300 BDT
Chandpur15,700 BDT
Chittagong19,100 BDT
Coxs Bazar16,300 BDT
Dhaka19,800 BDT
Jamalpur15,700 BDT
Jessore16,000 BDT
Khulna17,500 BDT
Rajshahi17,600 BDT
St. Martin15,100 BDT
Sylhet16,400 BDT

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 Bangladesh earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
23,200 BDT
Public Sector+25%
28,900 BDT
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for Geothermal Technician in Bangladesh?

A good and competitive compensation would range anywhere between 16,200 BDT and 18,700 BDT. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary for Geothermal Technician in Bangladesh is ranges from 13,100 BDT to 18,700 BDT. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.


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


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home Salary Comparison

©Salary Explorer 2023