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Petroleum Geologist Average Salary in Sao Tome and Principe 2022

How much money does a Petroleum Geologist make in Sao Tome and Principe?


Average Monthly Salary
11,200,000 STD
( 135,000,000 STD yearly)

LOW
5,500,000
STD
AVERAGE
11,200,000
STD
HIGH
17,500,000
STD

A person working as a Petroleum Geologist in Sao Tome and Principe typically earns around 11,200,000 STD per month. Salaries range from 5,500,000 STD (lowest) to 17,500,000 STD (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 Sao Tome and Principe

Median and salary distribution monthly Sao Tome and Principe Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Sao Tome and Principe range from 5,500,000 STD per month (minimum salary) to 17,500,000 STD per month (maximum salary).

  • Median Salary

    The median salary is 11,400,000 STD per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 11,400,000 STD while the other half are earning more than 11,400,000 STD. 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 7,620,000 STD while 75% of them are earning more than 7,620,000 STD. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 14,800,000 STD while 25% are earning more than 14,800,000 STD.


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 Sao Tome and Principe 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 6,520,000 STD per month.

While someone with an experience level between two and five years is expected to earn 8,380,000 STD 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 11,600,000 STD 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 14,300,000 STD 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 15,300,000 STD 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 16,400,000 STD per month, 7% more than people with fifteen to twenty years of experience.


Petroleum Geologist average salary change by experience in Sao Tome and Principe

0 - 2 Years
6,520,000 STD
2 - 5 Years+29%
8,380,000 STD
5 - 10 Years+38%
11,600,000 STD
10 - 15 Years+24%
14,300,000 STD
15 - 20 Years+7%
15,300,000 STD
20+ Years+7%
16,400,000 STD
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 Sao Tome and Principe 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 7,660,000 STD per month.

While someone with a Master's Degree gets a salary of 10,500,000 STD per month, 38% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 17,300,000 STD per month, 64% more than someone with a Master's Degree.


Petroleum Geologist average salary difference by education level in Sao Tome and Principe

Bachelor's Degree
7,660,000 STD
Master's Degree+38%
10,500,000 STD
PhD+64%
17,300,000 STD
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 Sao Tome and Principe costs anywhere from 34,900,000 Dobra(s) to 105,000,000 Dobra(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 Sao Tome and Principe 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 Sao Tome and Principe earn 12% more than their female counterparts on average.

Male
11,700,000 STD
Female-10%
10,500,000 STD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Sao Tome and Principe for all Careers

Salary comparison by gender monthly Sao Tome and Principe
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Petroleum Geologist Average Annual Salary Increment Percentage in Sao Tome and Principe

How much are annual salary increments in Sao Tome and Principe for Petroleum Geologist(s)? How often do employees get salary raises?

Petroleum Geologist

Petroleum Geologist(s) in Sao Tome and Principe are likely to observe a salary increase of approximately 10% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Sao Tome and Principe 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.

Sao Tome and Principe / 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 Sao Tome and Principe is 2%.

Annual Increment Rate By Industry 2021

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Sao Tome and Principe 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 Sao Tome and Principe

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Sao Tome and Principe 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
40%
No Bonus
60%

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.

Petroleum Geologist Average Hourly Wage in Sao Tome and Principe


64,700 STD per hour

The average hourly wage (pay per hour) in Sao Tome and Principe is 64,700 STD. This means that the average Petroleum Geologist in Sao Tome and Principe earns approximately 64,700 STD 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 Sao Tome and Principe
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The average salary for Petroleum Geologist is 78% 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 Manager5,720,000 STD-49%
Associate Analyst6,670,000 STD-41%
Associate Landman2,800,000 STD-75%
Auxiliary Equipment Operator2,450,000 STD-78%
Biomass Plant Technician2,910,000 STD-74%
Biomass Power Plant Manager8,260,000 STD-26%
Chemical Plant Operator5,050,000 STD-55%
Chief Contract Compliance Engineer6,590,000 STD-41%
Completions Engineer5,660,000 STD-50%
Cost Controller4,320,000 STD-61%
Crude Oil Marketing Representative6,390,000 STD-43%
Dispatcher2,650,000 STD-76%
Distribution Manager8,420,000 STD-25%
Dragline Operator2,990,000 STD-73%
Driller Offsider2,200,000 STD-80%
Dump Truck Driver2,420,000 STD-78%
Electric and Gas Operations Manager14,000,000 STD+25%
Energy Advisor9,780,000 STD-13%
Energy Analyst8,960,000 STD-20%
Energy Auditor7,820,000 STD-30%
Energy Dispatch Director10,400,000 STD-7%
Energy Technical Assistant3,880,000 STD-65%
Energy Technical Manager7,280,000 STD-35%
Energy Technical Trainer5,250,000 STD-53%
Exploration Manager10,500,000 STD-6%
Field Safety Auditor7,190,000 STD-36%
Fluids Engineer5,860,000 STD-48%
Fuel Cell Engineer6,180,000 STD-45%
Fuel Cell Technician3,220,000 STD-71%
Fuels Handler2,760,000 STD-75%
Gas Compressor Operator2,650,000 STD-76%
Gas Distribution Plant Operator4,850,000 STD-57%
Gas Supply Manager8,930,000 STD-20%
Geologist10,500,000 STD-6%
Geophysicist11,100,000 STD-1%
Geothermal Production Manager9,980,000 STD-11%
Geothermal Technician4,470,000 STD-60%
HSE Engineer6,410,000 STD-43%
HSE Officer3,860,000 STD-66%
HSEQ Administrator4,390,000 STD-61%
Inspector5,420,000 STD-52%
Instructor4,950,000 STD-56%
Instrument Designer4,900,000 STD-56%
Lead Technical Field Advisor8,240,000 STD-27%
Logistics and Tool Coordinator5,350,000 STD-52%
Maintenance Engineer6,500,000 STD-42%
Maintenance Superintendent5,450,000 STD-51%
Material Controller4,140,000 STD-63%
Mine Engineer6,150,000 STD-45%
Mine Surveyor6,950,000 STD-38%
Mining Project Administrator5,510,000 STD-51%
Mining Project Assistant4,260,000 STD-62%
Mining Project Controls Consultant6,660,000 STD-41%
Mining Project Coordinator5,510,000 STD-51%
Mining Project Engineer5,800,000 STD-48%
Mining Project Manager7,440,000 STD-34%
Mining Site Manager7,780,000 STD-31%
Mining Team Leader6,310,000 STD-44%
NDT Technician3,640,000 STD-68%
Oil Service Unit Operator3,070,000 STD-73%
Oil Trader8,230,000 STD-27%
Oilwell Pumper2,370,000 STD-79%
Petroleum Engineer 7,040,000 STD-37%
Petroleum Geologist11,200,000 STD-0%
Petroleum Pump System Operator3,430,000 STD-69%
Pipeline Technician2,370,000 STD-79%
Power Coordinator3,610,000 STD-68%
Power Plant Operations Manager12,000,000 STD+7%
Power Plant Operator4,800,000 STD-57%
Radio Operator2,700,000 STD-76%
Reliability Engineer5,760,000 STD-49%
Reservoir Engineer5,500,000 STD-51%
Risk Analyst7,800,000 STD-30%
Roughneck6,250,000 STD-44%
Scaffolder4,040,000 STD-64%
Shutdown Engineer5,150,000 STD-54%
Solar Energy Installation Manager8,820,000 STD-21%
Solar Energy Systems Engineer6,140,000 STD-45%
Solar Photovoltaic Installer3,840,000 STD-66%
Solar Thermal Technician3,610,000 STD-68%
Supply Operations Manager10,200,000 STD-9%
Sustainability Specialist9,900,000 STD-12%
System Development Advisor6,860,000 STD-39%
Tanker Truck Driver2,300,000 STD-80%
Utility Operator3,200,000 STD-71%
Wind Energy Project Manager8,760,000 STD-22%

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 Sao Tome and Principe earn 11% more than their private sector counterparts on average across all sectors.

Private Sector
6,570,000 STD
Public Sector+11%
7,270,000 STD
Percentage increase and decrease are relative to the previous value

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