A person working as a Petroleum Geologist in Singapore typically earns around 12,700 SGD per month. Salaries range from 6,210 SGD (lowest) to 19,800 SGD (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 Singapore range from 6,210 SGD per month (minimum salary) to 19,800 SGD per month (maximum salary).
The median salary is 12,900 SGD per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 12,900 SGD while the other half are earning more than 12,900 SGD. 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 8,610 SGD while 75% of them are earning more than 8,610 SGD. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 16,700 SGD while 25% are earning more than 16,700 SGD.
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 7,360 SGD per month.
While someone with an experience level between two and five years is expected to earn 9,460 SGD 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 13,100 SGD per month, 38% 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 16,200 SGD 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 17,300 SGD 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 18,500 SGD 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 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 8,650 SGD per month.
While someone with a Master's Degree gets a salary of 11,900 SGD per month, 38% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 19,500 SGD per month, 64% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Singapore costs anywhere from 42,200 Singapore Dollar(s) to 127,000 Singapore 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 Petroleum Geologist employees in Singapore earn 5% more than their female counterparts on average.
Petroleum Geologist(s) in Singapore are likely to observe a salary increase of approximately 13% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 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 Singapore 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.
42% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 58% 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.
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 66% 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||6,790 SGD||-46%|
|Associate Analyst||8,250 SGD||-35%|
|Associate Landman||3,470 SGD||-73%|
|Auxiliary Equipment Operator||2,950 SGD||-77%|
|Biomass Plant Technician||3,600 SGD||-72%|
|Biomass Power Plant Manager||10,300 SGD||-19%|
|Chemical Plant Operator||5,730 SGD||-55%|
|Chief Contract Compliance Engineer||7,710 SGD||-39%|
|Completions Engineer||7,140 SGD||-44%|
|Cost Controller||5,440 SGD||-57%|
|Crude Oil Marketing Representative||7,740 SGD||-39%|
|Distribution Manager||10,700 SGD||-16%|
|Dragline Operator||3,350 SGD||-74%|
|Driller Offsider||2,620 SGD||-79%|
|Dump Truck Driver||2,920 SGD||-77%|
|Electric and Gas Operations Manager||16,700 SGD||+32%|
|Energy Advisor||11,600 SGD||-8%|
|Energy Analyst||10,100 SGD||-20%|
|Energy Auditor||8,830 SGD||-30%|
|Energy Dispatch Director||12,500 SGD||-1%|
|Energy Technical Assistant||4,470 SGD||-65%|
|Energy Technical Manager||8,640 SGD||-32%|
|Energy Technical Trainer||6,540 SGD||-48%|
|Exploration Manager||12,600 SGD||-1%|
|Field Safety Auditor||8,700 SGD||-31%|
|Fluids Engineer||7,440 SGD||-41%|
|Fuel Cell Engineer||7,580 SGD||-40%|
|Fuel Cell Technician||3,600 SGD||-72%|
|Fuels Handler||3,350 SGD||-74%|
|Gas Compressor Operator||3,380 SGD||-73%|
|Gas Distribution Plant Operator||6,240 SGD||-51%|
|Gas Supply Manager||10,900 SGD||-14%|
|Geothermal Production Manager||12,500 SGD||-1%|
|Geothermal Technician||5,100 SGD||-60%|
|HSE Engineer||7,310 SGD||-42%|
|HSE Officer||4,430 SGD||-65%|
|HSEQ Administrator||4,990 SGD||-61%|
|Instrument Designer||5,530 SGD||-56%|
|Lead Technical Field Advisor||9,630 SGD||-24%|
|Logistics and Tool Coordinator||6,460 SGD||-49%|
|Maintenance Engineer||7,410 SGD||-41%|
|Maintenance Superintendent||6,390 SGD||-50%|
|Material Controller||5,000 SGD||-61%|
|Mine Engineer||6,870 SGD||-46%|
|Mine Surveyor||7,800 SGD||-38%|
|Mining Project Administrator||6,740 SGD||-47%|
|Mining Project Assistant||5,300 SGD||-58%|
|Mining Project Controls Consultant||8,350 SGD||-34%|
|Mining Project Coordinator||6,480 SGD||-49%|
|Mining Project Engineer||6,980 SGD||-45%|
|Mining Project Manager||9,130 SGD||-28%|
|Mining Site Manager||9,680 SGD||-24%|
|Mining Team Leader||7,800 SGD||-38%|
|NDT Technician||4,590 SGD||-64%|
|Oil Service Unit Operator||3,900 SGD||-69%|
|Oil Trader||9,950 SGD||-21%|
|Oilwell Pumper||2,660 SGD||-79%|
|Petroleum Engineer||8,280 SGD||-35%|
|Petroleum Geologist||12,700 SGD||+0%|
|Petroleum Pump System Operator||4,140 SGD||-67%|
|Pipeline Technician||2,690 SGD||-79%|
|Power Coordinator||4,520 SGD||-64%|
|Power Plant Operations Manager||13,700 SGD||+8%|
|Power Plant Operator||5,730 SGD||-55%|
|Radio Operator||3,340 SGD||-74%|
|Reliability Engineer||7,020 SGD||-45%|
|Reservoir Engineer||6,660 SGD||-47%|
|Risk Analyst||8,890 SGD||-30%|
|Shutdown Engineer||6,220 SGD||-51%|
|Solar Energy Installation Manager||11,300 SGD||-11%|
|Solar Energy Systems Engineer||7,900 SGD||-38%|
|Solar Photovoltaic Installer||4,970 SGD||-61%|
|Solar Thermal Technician||4,700 SGD||-63%|
|Supply Operations Manager||12,500 SGD||-1%|
|Sustainability Specialist||11,500 SGD||-9%|
|System Development Advisor||8,260 SGD||-35%|
|Tanker Truck Driver||2,870 SGD||-77%|
|Utility Operator||4,040 SGD||-68%|
|Wind Energy Project Manager||10,400 SGD||-18%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Singapore earn 5% more than their private sector counterparts on average across all sectors.