A person working as a Petroleum Geologist in Seychelles typically earns around 31,200 SCR per month. Salaries range from 16,200 SCR (lowest) to 47,700 SCR (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 salaries in Seychelles range from 16,200 SCR per month (minimum salary) to 47,700 SCR per month (maximum salary).
The median salary is 29,900 SCR per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 29,900 SCR while the other half are earning more than 29,900 SCR. 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 Petroleum Geologist(s) are earning less than 20,800 SCR while 75% of them are earning more than 20,800 SCR. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 37,300 SCR while 25% are earning more than 37,300 SCR.
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 Petroleum Geologist salaries by experience level and this is what we found.
A Petroleum Geologist with less than two years of experience makes approximately 18,400 SCR per month.
While someone with an experience level between two and five years is expected to earn 24,700 SCR 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 32,100 SCR per month, 30% more than someone with two to five years of experience.
Additionally, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 38,900 SCR 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 42,500 SCR 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 44,700 SCR 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 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 23,800 SCR per month.
While someone with a Master's Degree gets a salary of 29,400 SCR per month, 24% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 47,100 SCR per month, 60% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Seychelles costs anywhere from 98,200 Seychelles Rupee(s) to 295,000 Seychelles Rupee(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 Petroleum Geologist employees in Seychelles earn 11% more than their female counterparts on average.
Petroleum Geologist(s) in Seychelles 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.
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 Seychelles 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 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.
63% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 37% 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.
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 Petroleum Geologist is 76% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.
|Job Title||Average Salary|
|Assistant Yard Manager||15,900 SCR||-49%|
|Associate Analyst||19,000 SCR||-39%|
|Associate Landman||8,000 SCR||-74%|
|Auxiliary Equipment Operator||7,340 SCR||-76%|
|Biomass Plant Technician||8,580 SCR||-72%|
|Biomass Power Plant Manager||24,500 SCR||-21%|
|Chemical Plant Operator||14,100 SCR||-55%|
|Chief Contract Compliance Engineer||17,500 SCR||-44%|
|Completions Engineer||16,400 SCR||-47%|
|Cost Controller||12,500 SCR||-60%|
|Crude Oil Marketing Representative||19,200 SCR||-38%|
|Distribution Manager||23,700 SCR||-24%|
|Dragline Operator||8,270 SCR||-73%|
|Driller Offsider||5,910 SCR||-81%|
|Dump Truck Driver||7,030 SCR||-77%|
|Electric and Gas Operations Manager||37,600 SCR||+21%|
|Energy Advisor||25,400 SCR||-19%|
|Energy Analyst||24,800 SCR||-20%|
|Energy Auditor||21,700 SCR||-30%|
|Energy Dispatch Director||28,200 SCR||-10%|
|Energy Technical Assistant||10,600 SCR||-66%|
|Energy Technical Manager||20,200 SCR||-35%|
|Energy Technical Trainer||15,000 SCR||-52%|
|Exploration Manager||31,400 SCR||+1%|
|Field Safety Auditor||20,200 SCR||-35%|
|Fluids Engineer||16,500 SCR||-47%|
|Fuel Cell Engineer||18,700 SCR||-40%|
|Fuel Cell Technician||8,890 SCR||-71%|
|Fuels Handler||8,320 SCR||-73%|
|Gas Compressor Operator||7,470 SCR||-76%|
|Gas Distribution Plant Operator||13,700 SCR||-56%|
|Gas Supply Manager||27,000 SCR||-13%|
|Geothermal Production Manager||29,700 SCR||-5%|
|Geothermal Technician||12,100 SCR||-61%|
|HSE Engineer||17,300 SCR||-44%|
|HSE Officer||10,500 SCR||-66%|
|HSEQ Administrator||12,300 SCR||-61%|
|Instrument Designer||13,600 SCR||-56%|
|Lead Technical Field Advisor||21,900 SCR||-30%|
|Logistics and Tool Coordinator||15,500 SCR||-50%|
|Maintenance Engineer||17,600 SCR||-44%|
|Maintenance Superintendent||15,000 SCR||-52%|
|Material Controller||12,000 SCR||-62%|
|Mine Engineer||17,000 SCR||-45%|
|Mine Surveyor||19,200 SCR||-38%|
|Mining Project Administrator||15,600 SCR||-50%|
|Mining Project Assistant||12,200 SCR||-61%|
|Mining Project Controls Consultant||19,200 SCR||-38%|
|Mining Project Coordinator||14,700 SCR||-53%|
|Mining Project Engineer||17,400 SCR||-44%|
|Mining Project Manager||22,600 SCR||-27%|
|Mining Site Manager||23,000 SCR||-26%|
|Mining Team Leader||18,600 SCR||-40%|
|NDT Technician||10,500 SCR||-66%|
|Oil Service Unit Operator||8,920 SCR||-71%|
|Oil Trader||23,100 SCR||-26%|
|Oilwell Pumper||6,560 SCR||-79%|
|Petroleum Engineer||18,800 SCR||-40%|
|Petroleum Geologist||31,200 SCR||+0%|
|Petroleum Pump System Operator||9,960 SCR||-68%|
|Pipeline Technician||6,620 SCR||-79%|
|Power Coordinator||10,700 SCR||-66%|
|Power Plant Operations Manager||33,600 SCR||+8%|
|Power Plant Operator||13,400 SCR||-57%|
|Radio Operator||7,710 SCR||-75%|
|Reliability Engineer||17,400 SCR||-44%|
|Reservoir Engineer||16,500 SCR||-47%|
|Risk Analyst||21,100 SCR||-32%|
|Shutdown Engineer||14,900 SCR||-52%|
|Solar Energy Installation Manager||24,900 SCR||-20%|
|Solar Energy Systems Engineer||17,400 SCR||-44%|
|Solar Photovoltaic Installer||10,900 SCR||-65%|
|Solar Thermal Technician||10,300 SCR||-67%|
|Supply Operations Manager||28,900 SCR||-7%|
|Sustainability Specialist||27,100 SCR||-13%|
|System Development Advisor||20,500 SCR||-34%|
|Tanker Truck Driver||6,830 SCR||-78%|
|Utility Operator||9,260 SCR||-70%|
|Wind Energy Project Manager||22,800 SCR||-27%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Seychelles earn 7% more than their private sector counterparts on average across all sectors.