A person working as a Petroleum Engineer in South Africa typically earns around 34,100 ZAR per month. Salaries range from 16,700 ZAR (lowest) to 53,100 ZAR (highest).
This is the average monthly salary including housing, transport, and other benefits. Petroleum Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Petroleum Engineer salaries in South Africa range from 16,700 ZAR per month (minimum salary) to 53,100 ZAR per month (maximum salary).
The median salary is 34,700 ZAR per month, which means that half (50%) of people working as Petroleum Engineer (s) are earning less than 34,700 ZAR while the other half are earning more than 34,700 ZAR. 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 Engineer (s) are earning less than 23,100 ZAR while 75% of them are earning more than 23,100 ZAR. Also from the diagram, 75% of Petroleum Engineer (s) are earning less than 44,800 ZAR while 25% are earning more than 44,800 ZAR.
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 Engineer salaries by experience level and this is what we found.
A Petroleum Engineer with less than two years of experience makes approximately 19,800 ZAR per month.
While someone with an experience level between two and five years is expected to earn 25,400 ZAR 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 35,100 ZAR per month, 38% more than someone with two to five years of experience.
Additionally, Petroleum Engineer (s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 43,500 ZAR 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 46,600 ZAR 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 49,700 ZAR 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 Engineer salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Petroleum Engineer is 24,700 ZAR per month.
While someone with a Master's Degree gets a salary of 39,600 ZAR per month, 60% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in South Africa costs anywhere from 156,000 Rand(s) to 467,000 Rand(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 Engineer employees in South Africa earn 8% more than their female counterparts on average.
Petroleum Engineer (s) in South Africa are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 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 South Africa 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 Engineer 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.
45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% 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 Engineer is 21% 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||28,700 ZAR||-16%|
|Associate Analyst||31,000 ZAR||-9%|
|Associate Landman||13,000 ZAR||-62%|
|Auxiliary Equipment Operator||11,800 ZAR||-65%|
|Biomass Plant Technician||14,400 ZAR||-58%|
|Biomass Power Plant Manager||41,400 ZAR||+22%|
|Chemical Plant Operator||24,900 ZAR||-27%|
|Chief Contract Compliance Engineer||31,600 ZAR||-7%|
|Completions Engineer||27,200 ZAR||-20%|
|Cost Controller||21,900 ZAR||-36%|
|Crude Oil Marketing Representative||32,700 ZAR||-4%|
|Distribution Manager||40,400 ZAR||+19%|
|Dragline Operator||14,400 ZAR||-58%|
|Driller Offsider||10,900 ZAR||-68%|
|Dump Truck Driver||11,500 ZAR||-66%|
|Electric and Gas Operations Manager||69,200 ZAR||+100%|
|Energy Advisor||47,200 ZAR||+39%|
|Energy Analyst||41,200 ZAR||+21%|
|Energy Auditor||36,300 ZAR||+7%|
|Energy Dispatch Director||52,200 ZAR||+53%|
|Energy Technical Assistant||18,400 ZAR||-46%|
|Energy Technical Manager||36,500 ZAR||+7%|
|Energy Technical Trainer||26,000 ZAR||-24%|
|Exploration Manager||53,000 ZAR||+56%|
|Field Safety Auditor||33,700 ZAR||-1%|
|Fluids Engineer||28,100 ZAR||-17%|
|Fuel Cell Engineer||32,300 ZAR||-5%|
|Fuel Cell Technician||15,400 ZAR||-55%|
|Fuels Handler||14,100 ZAR||-59%|
|Gas Compressor Operator||13,500 ZAR||-60%|
|Gas Distribution Plant Operator||25,000 ZAR||-27%|
|Gas Supply Manager||46,200 ZAR||+36%|
|Geothermal Production Manager||53,200 ZAR||+56%|
|Geothermal Technician||21,800 ZAR||-36%|
|HSE Engineer||31,300 ZAR||-8%|
|HSE Officer||19,000 ZAR||-44%|
|HSEQ Administrator||20,600 ZAR||-40%|
|Instrument Designer||22,800 ZAR||-33%|
|Lead Technical Field Advisor||37,500 ZAR||+10%|
|Logistics and Tool Coordinator||25,400 ZAR||-25%|
|Maintenance Engineer||30,200 ZAR||-11%|
|Maintenance Superintendent||26,700 ZAR||-22%|
|Material Controller||20,700 ZAR||-39%|
|Mine Engineer||29,400 ZAR||-14%|
|Mine Surveyor||32,000 ZAR||-6%|
|Mining Project Administrator||25,100 ZAR||-26%|
|Mining Project Assistant||20,000 ZAR||-41%|
|Mining Project Controls Consultant||31,700 ZAR||-7%|
|Mining Project Coordinator||25,300 ZAR||-26%|
|Mining Project Engineer||27,900 ZAR||-18%|
|Mining Project Manager||37,000 ZAR||+9%|
|Mining Site Manager||39,000 ZAR||+15%|
|Mining Team Leader||31,300 ZAR||-8%|
|NDT Technician||17,500 ZAR||-49%|
|Oil Service Unit Operator||15,700 ZAR||-54%|
|Oil Trader||38,600 ZAR||+13%|
|Oilwell Pumper||11,500 ZAR||-66%|
|Petroleum Engineer||34,100 ZAR||+0%|
|Petroleum Geologist||54,800 ZAR||+61%|
|Petroleum Pump System Operator||17,100 ZAR||-50%|
|Pipeline Technician||11,700 ZAR||-66%|
|Power Coordinator||18,300 ZAR||-46%|
|Power Plant Operations Manager||59,900 ZAR||+76%|
|Power Plant Operator||25,600 ZAR||-25%|
|Radio Operator||12,600 ZAR||-63%|
|Reliability Engineer||28,300 ZAR||-17%|
|Reservoir Engineer||28,100 ZAR||-17%|
|Risk Analyst||36,200 ZAR||+6%|
|Shutdown Engineer||24,500 ZAR||-28%|
|Solar Energy Installation Manager||45,000 ZAR||+32%|
|Solar Energy Systems Engineer||31,700 ZAR||-7%|
|Solar Photovoltaic Installer||20,100 ZAR||-41%|
|Solar Thermal Technician||19,100 ZAR||-44%|
|Supply Operations Manager||48,900 ZAR||+44%|
|Sustainability Specialist||49,900 ZAR||+47%|
|System Development Advisor||33,000 ZAR||-3%|
|Tanker Truck Driver||12,200 ZAR||-64%|
|Utility Operator||15,400 ZAR||-55%|
|Wind Energy Project Manager||40,700 ZAR||+20%|
|Cape Town||36,200 ZAR|
|Port Elizabeth||31,700 ZAR|
Where can you get paid more, working for a private company or for the government? Public sector employees in South Africa earn 7% more than their private sector counterparts on average across all sectors.