A person working as a Drilling Engineer in Barbados typically earns around 2,740 BBD per month. Salaries range from 1,340 BBD (lowest) to 4,270 BBD (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 Barbados range from 1,340 BBD per month (minimum salary) to 4,270 BBD per month (maximum salary).
The median salary is 2,790 BBD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 2,790 BBD while the other half are earning more than 2,790 BBD. 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 1,860 BBD while 75% of them are earning more than 1,860 BBD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 3,600 BBD while 25% are earning more than 3,600 BBD.
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 1,590 BBD per month.
While someone with an experience level between two and five years is expected to earn 2,040 BBD 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 2,820 BBD per month, 38% 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 3,490 BBD 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 3,740 BBD 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 3,990 BBD per month, 7% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
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 2,040 BBD per month.
While someone with a Bachelor's Degree gets a salary of 2,750 BBD per month, 34% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 4,210 BBD per month, 53% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Barbados costs anywhere from 16,300 Barbados Dollar(s) to 48,800 Barbados Dollar(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 Barbados earn 9% more than their female counterparts on average.
Drilling Engineer(s) in Barbados are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 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 Barbados 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.
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.
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% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||2,740 BBD||+0%|
|Assembly Engineering Technician||2,180 BBD||-20%|
|Assistant Chief Engineer||3,220 BBD||+18%|
|Associate Engineer||2,700 BBD||-1%|
|Autocad Operator||1,770 BBD||-35%|
|Automation Engineer||3,180 BBD||+16%|
|Avionic System Support Engineer||2,810 BBD||+3%|
|Biochemical Engineer||2,860 BBD||+4%|
|BMS Engineer||2,860 BBD||+4%|
|Bridge and Lock Tender||1,540 BBD||-44%|
|Broadcast Engineer||3,000 BBD||+10%|
|CAD Design Engineer||3,170 BBD||+16%|
|CAD Designer||1,770 BBD||-35%|
|CAE Engineer||3,000 BBD||+10%|
|Ceramics Engineer||2,690 BBD||-2%|
|Civil Engineer||3,090 BBD||+13%|
|Commissioning Engineer||2,920 BBD||+7%|
|Communications Engineer||3,060 BBD||+12%|
|Condition Monitoring Engineer||2,490 BBD||-9%|
|Contract Associate Engineer||2,910 BBD||+6%|
|Control Systems Engineer||3,040 BBD||+11%|
|Controls Engineer||2,890 BBD||+6%|
|Controls Software Engineer||2,510 BBD||-8%|
|Corrosion Engineer||2,580 BBD||-6%|
|Design Engineer||3,120 BBD||+14%|
|Drafting Manager||3,400 BBD||+24%|
|Drilling Engineer||2,740 BBD||+0%|
|Electrical Draughtsman||1,440 BBD||-47%|
|Electrical Engineer||3,160 BBD||+15%|
|Electrical Engineering Manager||4,210 BBD||+54%|
|Electromechanical Engineering Technologist||3,300 BBD||+21%|
|Electromechanical Equipment Assembler||1,490 BBD||-46%|
|Energy Engineer||3,110 BBD||+14%|
|Engine Assembler||1,330 BBD||-51%|
|Engineering Account Manager||3,330 BBD||+22%|
|Engineering Chief Designer||3,240 BBD||+18%|
|Engineering Consultant||4,180 BBD||+53%|
|Engineering Key Account Manager||4,220 BBD||+54%|
|Engineering Lab Technician||2,770 BBD||+1%|
|Engineering Planning Manager||4,050 BBD||+48%|
|Engineering Production Manager||5,060 BBD||+85%|
|Engineering Project Analyst||3,610 BBD||+32%|
|Engineering Project Coordinator||3,500 BBD||+28%|
|Engineering Project Director||6,260 BBD||+130%|
|Engineering Project Manager||4,320 BBD||+58%|
|Engineering Research and Development Manager||4,780 BBD||+75%|
|Engineering Safety Coordinator||2,210 BBD||-19%|
|Engineering Sales Manager||3,950 BBD||+44%|
|Engineering Technician||2,400 BBD||-12%|
|Engineering Technologist||2,250 BBD||-18%|
|Environmental Engineer||2,980 BBD||+9%|
|Equipment Engineer||2,830 BBD||+3%|
|Equipment Engineering Manager||3,770 BBD||+38%|
|Fabrication Specialist||2,000 BBD||-27%|
|Facade Engineer||2,790 BBD||+2%|
|Fiber Analyst||1,670 BBD||-39%|
|Field Engineer||3,030 BBD||+11%|
|Field Engineering Manager||5,020 BBD||+83%|
|Fire Engineer||2,930 BBD||+7%|
|Fitter and Turner||950 BBD||-65%|
|Forestry Strategic Planner||3,610 BBD||+32%|
|Generation Engineer||2,920 BBD||+7%|
|Genetic Engineer||3,120 BBD||+14%|
|Geological Engineer||3,000 BBD||+10%|
|Geotechnical Engineer||3,220 BBD||+18%|
|Heavy Equipment Mechanic||1,590 BBD||-42%|
|Highway Engineer||3,070 BBD||+12%|
|HSE Professional||2,800 BBD||+2%|
|HVAC Engineer||3,030 BBD||+11%|
|HVAC Supervisor||2,720 BBD||-1%|
|Industrial Engineer||2,790 BBD||+2%|
|Industrial Engineering Technologist||2,890 BBD||+6%|
|Instrument Engineer||2,930 BBD||+7%|
|Instrumentation and Control Engineer||3,000 BBD||+10%|
|Instrumentation Engineer||3,000 BBD||+10%|
|Instrumentation Manager||2,820 BBD||+3%|
|Irrigation Engineer||2,870 BBD||+5%|
|Licensed Aircraft Engineer||3,070 BBD||+12%|
|Locomotive Engineer||2,720 BBD||-1%|
|Maintenance Engineer||2,820 BBD||+3%|
|Maintenance Fitter||1,060 BBD||-61%|
|Maintenance Manager||3,050 BBD||+11%|
|Manufacturing Engineer||2,960 BBD||+8%|
|Marine Engineer||2,840 BBD||+4%|
|Materials Engineer||2,830 BBD||+3%|
|Materials Researcher||2,690 BBD||-2%|
|Materials Technician||2,120 BBD||-23%|
|Mechanical and Electrical Engineer||3,110 BBD||+14%|
|Mechanical Design Engineer||3,200 BBD||+17%|
|Mechanical Designer||2,640 BBD||-4%|
|Mechanical Engineer||3,130 BBD||+14%|
|Mechanical Engineering Manager||4,200 BBD||+53%|
|Mechanical Inspector||2,840 BBD||+4%|
|Mechatronics Engineer||3,200 BBD||+17%|
|Mining Engineer||3,020 BBD||+10%|
|Oil and Petrochemical Engineer||3,070 BBD||+12%|
|Optical Engineer||3,000 BBD||+10%|
|Optical Instrument Assembler||1,440 BBD||-47%|
|PCB Assembler||1,120 BBD||-59%|
|Photonics Engineer||3,260 BBD||+19%|
|Photonics Technician||2,710 BBD||-1%|
|Pipeline Engineer||2,830 BBD||+3%|
|Piping Designer||1,550 BBD||-43%|
|Piping Engineer||2,660 BBD||-3%|
|Planning Engineer||2,920 BBD||+7%|
|Pressure Vessel Inspector||1,410 BBD||-48%|
|Principal Cost Engineer||3,070 BBD||+12%|
|Principal Engineer||3,000 BBD||+10%|
|Principal Support Engineer||3,060 BBD||+12%|
|Process Engineer||2,840 BBD||+4%|
|Process Operator||1,720 BBD||-37%|
|Product Development Engineer||3,040 BBD||+11%|
|Product Development Technician||2,200 BBD||-20%|
|Product Engineer||3,100 BBD||+13%|
|Product Safety Engineer||2,690 BBD||-2%|
|Production Engineer||2,870 BBD||+5%|
|Project Engineer||3,210 BBD||+17%|
|Proposal Manager||3,650 BBD||+33%|
|Purchasing Engineer||2,620 BBD||-4%|
|Quality Assurance Engineer||3,060 BBD||+12%|
|Rail Engineer||2,870 BBD||+5%|
|Robotics Engineer||3,460 BBD||+26%|
|Robotics Technician||2,310 BBD||-16%|
|Safety Engineer||2,900 BBD||+6%|
|Safety Inspector||2,340 BBD||-15%|
|Safety Manager||3,390 BBD||+24%|
|Safety Officer||1,550 BBD||-43%|
|Sales Engineer||3,110 BBD||+14%|
|Scheduling Engineer||2,630 BBD||-4%|
|Service Engineer||3,020 BBD||+10%|
|Solar Engineer||3,200 BBD||+17%|
|Staff Engineer||2,880 BBD||+5%|
|Static Equipment Engineer||2,740 BBD||+0%|
|Stationary Engineer||2,750 BBD||+0%|
|Stress Engineer||2,620 BBD||-4%|
|Structural Analysis Engineer||2,810 BBD||+3%|
|Structural Designer||2,670 BBD||-2%|
|Structural Engineer||2,870 BBD||+5%|
|Structural Technician||1,920 BBD||-30%|
|Supply Chain Specialist||3,020 BBD||+10%|
|Technical Affairs Officer||1,540 BBD||-44%|
|Technical Assistant||1,480 BBD||-46%|
|Technical Engineer||2,540 BBD||-7%|
|Technical Support Engineer||2,490 BBD||-9%|
|Tender Engineer||2,760 BBD||+1%|
|Test Development Engineer||2,990 BBD||+9%|
|Transportation Engineer||2,810 BBD||+3%|
|Validation Engineer||2,690 BBD||-2%|
|Verification Engineer||2,670 BBD||-2%|
|Wastewater Engineer||2,860 BBD||+4%|
|Wind Energy Engineer||3,060 BBD||+12%|
|Wind Energy Operations Manager||4,080 BBD||+49%|
|Work Planner||1,970 BBD||-28%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Barbados earn 11% more than their private sector counterparts on average across all sectors.