A person working in Oil / Gas / Energy / Mining in Trinidad and Tobago typically earns around 8,800 TTD per month. Salaries range from 3,200 TTD (lowest average) to 20,300 TTD (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Oil / Gas / Energy / Mining careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|Assistant Yard Manager||8,510 TTD|
|Associate Analyst||10,500 TTD|
|Associate Landman||4,390 TTD|
|Auxiliary Equipment Operator||3,650 TTD|
|Biomass Plant Technician||4,370 TTD|
|Biomass Power Plant Manager||12,800 TTD|
|Chemical Plant Operator||7,170 TTD|
|Chief Contract Compliance Engineer||9,870 TTD|
|Completions Engineer||8,770 TTD|
|Cost Controller||6,350 TTD|
|Crude Oil Marketing Representative||10,300 TTD|
|Distribution Manager||13,300 TTD|
|Dragline Operator||4,430 TTD|
|Driller Offsider||3,250 TTD|
|Dump Truck Driver||3,590 TTD|
|Electric and Gas Operations Manager||20,700 TTD|
|Energy Advisor||13,900 TTD|
|Energy Analyst||12,600 TTD|
|Energy Auditor||11,400 TTD|
|Energy Dispatch Director||15,900 TTD|
|Energy Technical Assistant||5,510 TTD|
|Energy Technical Manager||10,800 TTD|
|Energy Technical Trainer||8,060 TTD|
|Exploration Manager||16,400 TTD|
|Field Safety Auditor||10,600 TTD|
|Fluids Engineer||9,270 TTD|
|Fuel Cell Engineer||9,560 TTD|
|Fuel Cell Technician||4,650 TTD|
|Fuels Handler||4,450 TTD|
|Gas Compressor Operator||4,100 TTD|
|Gas Distribution Plant Operator||7,740 TTD|
|Gas Supply Manager||13,400 TTD|
|Geothermal Production Manager||15,100 TTD|
|Geothermal Technician||6,310 TTD|
|HSE Engineer||9,060 TTD|
|HSE Officer||5,610 TTD|
|HSEQ Administrator||6,560 TTD|
|Instrument Designer||7,110 TTD|
|Lead Technical Field Advisor||11,700 TTD|
|Logistics and Tool Coordinator||7,920 TTD|
|Maintenance Engineer||9,650 TTD|
|Maintenance Superintendent||8,450 TTD|
|Material Controller||6,430 TTD|
|Mine Engineer||8,870 TTD|
|Mine Surveyor||9,800 TTD|
|Mining Project Administrator||8,160 TTD|
|Mining Project Assistant||6,220 TTD|
|Mining Project Controls Consultant||10,000 TTD|
|Mining Project Coordinator||8,080 TTD|
|Mining Project Engineer||8,640 TTD|
|Mining Project Manager||12,100 TTD|
|Mining Site Manager||12,000 TTD|
|Mining Team Leader||9,480 TTD|
|NDT Technician||5,640 TTD|
|Oil Service Unit Operator||4,660 TTD|
|Oil Trader||12,100 TTD|
|Oilwell Pumper||3,510 TTD|
|Petroleum Engineer||10,800 TTD|
|Petroleum Geologist||17,100 TTD|
|Petroleum Pump System Operator||5,330 TTD|
|Pipeline Technician||3,370 TTD|
|Power Coordinator||5,760 TTD|
|Power Plant Operations Manager||17,600 TTD|
|Power Plant Operator||7,730 TTD|
|Radio Operator||4,230 TTD|
|Reliability Engineer||9,100 TTD|
|Reservoir Engineer||8,860 TTD|
|Risk Analyst||11,600 TTD|
|Shutdown Engineer||7,620 TTD|
|Solar Energy Installation Manager||13,700 TTD|
|Solar Energy Systems Engineer||9,800 TTD|
|Solar Photovoltaic Installer||5,710 TTD|
|Solar Thermal Technician||5,530 TTD|
|Supply Operations Manager||14,400 TTD|
|Sustainability Specialist||15,200 TTD|
|System Development Advisor||10,200 TTD|
|Tanker Truck Driver||3,750 TTD|
|Utility Operator||4,960 TTD|
|Wind Energy Project Manager||12,200 TTD|
Oil / Gas / Energy / Mining salaries in Trinidad and Tobago range from 3,200 TTD per month (minimum average salary) to 20,300 TTD per month (maximum average salary, actual maximum is higher).
The median salary is 9,500 TTD per month, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 9,500 TTD while the other half are earning more than 9,500 TTD. 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 people working in Oil / Gas / Energy / Mining are earning less than 5,710 TTD while 75% of them are earning more than 5,710 TTD. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 16,100 TTD while 25% are earning more than 16,100 TTD.
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 the wage.
Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
A Master's degree program or any post-graduate program in Trinidad and Tobago costs anywhere from 48,800 Trinidad and Tobago Dollar(s) to 147,000 Trinidad and Tobago 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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then 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 employees in Trinidad and Tobago who work in Oil / Gas / Energy / Mining earn 9% more than their female counterparts on average.
Oil / Gas / Energy / Mining professionals in Trinidad and Tobago are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 4% granted to employees every 29 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 Trinidad and Tobago 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.
Oil / Gas / Energy / Mining is considered to be a moderate bonus-based field 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.
61% of surveyed staff in Oil / Gas / Energy / Mining reported that they haven't received any bonuses or incentives in the previous year while 39% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% 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 Oil / Gas / Energy / Mining is 10% less than that of All Jobs.
Where can you get paid more, working for a private company or for the government? Public sector employees in Trinidad and Tobago earn 14% more than their private sector counterparts on average across all sectors.