Petroleum Geologist Average Salary in Slovakia 2023
How much money does a person working as Petroleum Geologist make in Slovakia?
LOW
1,830
EUR AVERAGE
3,520
EUR HIGH
5,380
EUR
A person working as Petroleum Geologist in Slovakia typically earns around 3,520 EUR. Salaries range from 1,830 EUR (lowest) to 5,380 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Petroleum Geologist salaries in Slovakia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Petroleum Geologist Pay Scale and Salaries in Slovakia
Salary Structure and Pay Scale Comparison
3,180 EUR or more
2,840 to 3,180 EUR
2,070 EUR or less
2,070 to 2,840 EUR
 1,830 EUR |
3,200 EUR |
5,380 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Petroleum Geologist in Slovakia range from 1,830 EUR (starting salary) to 5,380 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 3,200 EUR, half of the professionals who work as Petroleum Geologist in Slovakia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Petroleum Geologist in Slovakia earn less than 2,650 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,630 EUR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Petroleum Geologist in Slovakia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,070 EUR to 2,840 EUR. About 20% of salaries are below the 2,070 EUR mark, while 10% fall within the range of 2,840 EUR to 3,180 EUR. Only 5% of individuals have salaries exceeding 3,180 EUR.
Salary Comparison by Years of Experience / Petroleum Geologist / Slovakia
How do experience and age affect pay?
| 0 - 2 Years | 2,080 EUR | |
| 2 - 5 Years | +34% | 2,790 EUR |
| 5 - 10 Years | +30% | 3,620 EUR |
| 10 - 15 Years | +21% | 4,390 EUR |
| 15 - 20 Years | +9% | 4,790 EUR |
| 20+ Years | +5% | 5,040 EUR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Petroleum Geologist and this is what we found.
Employees with less than two years of experience earn approximately 2,080 EUR.
While someone with an experience level between two and five years is expected to earn 2,790 EUR, 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 3,620 EUR, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,390 EUR, 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 4,790 EUR, 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 5,040 EUR, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Petroleum Geologist / Slovakia
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Petroleum Geologist.
| Bachelor's Degree | 2,680 EUR | |
| Master's Degree | +24% | 3,320 EUR |
| PhD | +60% | 5,310 EUR |
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 salaries by education level for the position Petroleum Geologist in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 2,680 EUR.
Level 2: Master's Degree
At this level, the average salary becomes 3,320 EUR, 24% more than the previous level.
Level 3: PhD
At this level, the average salary becomes 5,310 EUR, 60% more than the previous level.
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 Slovakia costs anywhere from 10,900 EUR to 32,700 EUR 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 to a higher-paying job. The numbers seem to support the theory. 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 and Compensation Comparison By Gender / Petroleum Geologist / Slovakia
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Petroleum Geologist in Slovakia, the average difference between the salary of male and female employees is 6%.
| Male | 3,630 EUR | |
| Female | -6% | 3,420 EUR |
Salary Comparison By Gender in Slovakia for all Careers
Average Annual Salary Increment Percentage / Petroleum Geologist / Slovakia
How much are annual salary increments in Slovakia for individuals working as Petroleum Geologist? How often do employees get salary raises?
Individuals working as Petroleum Geologist in Slovakia are likely to observe a salary increase of approximately 12% every 19 months. The national average annual increment for all professions combined is 7% granted to employees every 19 months.
Slovakia / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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
Annual Increment Rate By Industry 2022
| Banking | 8% | |
| Energy | 7% | |
| Information Technology | 6% | |
| Healthcare | 5% | |
| Travel | 4% | |
| Construction | 3% | |
| Education | 2% |
Listed above are the average annual increase rates for each industry in Slovakia 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
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.
Bonus and Incentive Rates / Petroleum Geologist / Slovakia
How much and how often are bonuses being awarded?
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48% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 52% 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.
| Received Bonus | 52% | |
| No Bonus | 48% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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.
Salary Trend and Forecast / Petroleum Geologist / Slovakia
How are salaries changing over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2019 | 3,120 EUR | |
| Average Salary 2020 | +4% | 3,240 EUR |
| Average Salary 2021 | +2% | 3,300 EUR |
| Average Salary 2022 | +3% | 3,390 EUR |
Salaries for individuals working as Petroleum Geologist in Slovakia are on the rise in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.
Average Hourly Wage / Petroleum Geologist / Slovakia
20 EUR per hourThe average hourly wage (pay per hour) for individuals working as Petroleum Geologist in Slovakia is 20 EUR.This is the rate they get paid for every worked hour.
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 fixed 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 people working as Petroleum Geologist in Slovakia is 11 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Petroleum Geologist VS Other Jobs
Salary comparison with similar jobs
| Job Title | Average Salary |
| Assistant Yard Manager | 1,840 EUR |  -48% |
| Associate Analyst | 2,140 EUR | -39% |
| Associate Landman | 900 EUR | -74% |
| Auxiliary Equipment Operator | 770 EUR | -78% |
| Biomass Plant Technician | 960 EUR | -73% |
| Biomass Power Plant Manager | 2,750 EUR | -22% |
| Chemical Plant Operator | 1,590 EUR | -55% |
| Chief Contract Compliance Engineer | 1,910 EUR | -46% |
| Completions Engineer | 1,860 EUR | -47% |
| Cost Controller | 1,350 EUR | -62% |
| Crude Oil Marketing Representative | 2,130 EUR | -39% |
| Dispatcher | 770 EUR | -78% |
| Distribution Manager | 2,560 EUR | -27% |
| Dragline Operator | 930 EUR | -74% |
| Driller Offsider | 650 EUR | -82% |
| Dump Truck Driver | 780 EUR | -78% |
| Electric and Gas Operations Manager | 4,140 EUR |  +18% |
| Energy Advisor | 2,930 EUR | -17% |
| Energy Analyst | 2,650 EUR | -25% |
| Energy Auditor | 2,330 EUR | -34% |
| Energy Dispatch Director | 3,110 EUR | -12% |
| Energy Technical Assistant | 1,200 EUR | -66% |
| Energy Technical Manager | 2,340 EUR | -33% |
| Energy Technical Trainer | 1,610 EUR | -54% |
| Exploration Manager | 3,480 EUR | -1% |
| Field Safety Auditor | 2,140 EUR | -39% |
| Fluids Engineer | 1,780 EUR | -49% |
| Fuel Cell Engineer | 2,100 EUR | -40% |
| Fuel Cell Technician | 1,000 EUR | -72% |
| Fuels Handler | 920 EUR | -74% |
| Gas Compressor Operator | 850 EUR | -76% |
| Gas Distribution Plant Operator | 1,570 EUR | -55% |
| Gas Supply Manager | 3,010 EUR | -14% |
| Geologist | 3,550 EUR | +1% |
| Geophysicist | 3,580 EUR | +2% |
| Geothermal Production Manager | 3,190 EUR | -9% |
| Geothermal Technician | 1,300 EUR | -63% |
| HSE Engineer | 1,870 EUR | -47% |
| HSE Officer | 1,130 EUR | -68% |
| HSEQ Administrator | 1,320 EUR | -62% |
| Inspector | 1,750 EUR | -50% |
| Instructor | 1,600 EUR | -54% |
| Instrument Designer | 1,460 EUR | -58% |
| Lead Technical Field Advisor | 2,510 EUR | -29% |
| Logistics and Tool Coordinator | 1,720 EUR | -51% |
| Maintenance Engineer | 1,990 EUR | -43% |
| Maintenance Superintendent | 1,730 EUR | -51% |
| Material Controller | 1,270 EUR | -64% |
| Mine Engineer | 1,900 EUR | -46% |
| Mine Surveyor | 2,060 EUR | -41% |
| Mining Project Administrator | 1,740 EUR | -51% |
| Mining Project Assistant | 1,380 EUR | -61% |
| Mining Project Controls Consultant | 2,170 EUR | -38% |
| Mining Project Coordinator | 1,690 EUR | -52% |
| Mining Project Engineer | 1,830 EUR | -48% |
| Mining Project Manager | 2,400 EUR | -32% |
| Mining Site Manager | 2,590 EUR | -26% |
| Mining Team Leader | 2,090 EUR | -41% |
| NDT Technician | 1,190 EUR | -66% |
| Oil Service Unit Operator | 970 EUR | -72% |
| Oil Trader | 2,450 EUR | -30% |
| Oilwell Pumper | 740 EUR | -79% |
| Petroleum Engineer | 2,060 EUR | -41% |
| Petroleum Geologist | 3,520 EUR | +0% |
| Petroleum Pump System Operator | 1,050 EUR | -70% |
| Pipeline Technician | 750 EUR | -79% |
| Power Coordinator | 1,210 EUR | -66% |
| Power Plant Operations Manager | 3,810 EUR | +8% |
| Power Plant Operator | 1,480 EUR | -58% |
| Radio Operator | 870 EUR | -75% |
| Reliability Engineer | 1,850 EUR | -47% |
| Reservoir Engineer | 1,840 EUR | -48% |
| Risk Analyst | 2,390 EUR | -32% |
| Roughneck | 1,970 EUR | -44% |
| Scaffolder | 1,200 EUR | -66% |
| Shutdown Engineer | 1,660 EUR | -53% |
| Solar Energy Installation Manager | 2,840 EUR | -19% |
| Solar Energy Systems Engineer | 1,990 EUR | -43% |
| Solar Photovoltaic Installer | 1,260 EUR | -64% |
| Solar Thermal Technician | 1,190 EUR | -66% |
| Supply Operations Manager | 3,070 EUR | -13% |
| Sustainability Specialist | 2,940 EUR | -16% |
| System Development Advisor | 2,170 EUR | -38% |
| Tanker Truck Driver | 730 EUR | -79% |
| Utility Operator | 1,050 EUR | -70% |
| Wind Energy Project Manager | 2,510 EUR | -29% |
Salary Comparison By City
| City | Average Salary |
| Bratislava | 3,930 EUR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Slovakia is 10% on average across all career fields.
| Private Sector | 2,090 EUR | |
| Public Sector | +10% | 2,300 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Petroleum Geologist in Slovakia?
A good and competitive compensation would range anywhere between 3,200 EUR and 3,630 EUR. This is a very rough estimate. Experience and education play a very huge part in the 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 salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Petroleum Geologist in Slovakia ranges from 2,650 EUR to 3,630 EUR. 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 with 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 the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
