A person working as a Drilling Engineer in Virgin Islands (US) typically earns around 2,230 USD per month. Salaries range from 1,090 USD (lowest) to 3,480 USD (highest).
This is the average monthly salary including housing, transport, and other benefits. Drilling Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Drilling Engineer salaries in Virgin Islands (US) range from 1,090 USD per month (minimum salary) to 3,480 USD per month (maximum salary).
The median salary is 2,270 USD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 2,270 USD while the other half are earning more than 2,270 USD. 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 Drilling Engineer(s) are earning less than 1,510 USD while 75% of them are earning more than 1,510 USD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 2,930 USD while 25% are earning more than 2,930 USD.
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 Drilling Engineer salaries by experience level and this is what we found.
A Drilling Engineer with less than two years of experience makes approximately 1,290 USD per month.
While someone with an experience level between two and five years is expected to earn 1,660 USD 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 2,300 USD per month, 38% more than someone with two to five years of experience.
Additionally, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,840 USD 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 3,050 USD 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 3,250 USD 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 Drilling Engineer salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a Drilling Engineer is 1,660 USD per month.
While someone with a Bachelor's Degree gets a salary of 2,240 USD per month, 34% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 3,430 USD per month, 53% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Virgin Islands (US) costs anywhere from 13,500 US Dollar(s) to 40,400 US 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 Drilling Engineer employees in Virgin Islands (US) earn 11% more than their female counterparts on average.
Drilling Engineer(s) in Virgin Islands (US) are likely to observe a salary increase of approximately 7% 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 Virgin Islands (US) for the year 2021. 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 Drilling Engineer is considered to be a low 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.
87% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 13% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% 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 Drilling Engineer is 2% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||2,280 USD||+2%|
|Assembly Engineering Technician||1,780 USD||-20%|
|Assistant Chief Engineer||2,690 USD||+21%|
|Associate Engineer||2,130 USD||-4%|
|Autocad Operator||1,450 USD||-35%|
|Automation Engineer||2,480 USD||+11%|
|Avionic System Support Engineer||2,180 USD||-2%|
|Biochemical Engineer||2,300 USD||+3%|
|BMS Engineer||2,300 USD||+3%|
|Bridge and Lock Tender||1,270 USD||-43%|
|Broadcast Engineer||2,410 USD||+8%|
|CAD Design Engineer||2,550 USD||+15%|
|CAD Designer||1,450 USD||-35%|
|CAE Engineer||2,400 USD||+8%|
|Ceramics Engineer||2,280 USD||+2%|
|Civil Engineer||2,420 USD||+9%|
|Commissioning Engineer||2,300 USD||+3%|
|Communications Engineer||2,490 USD||+12%|
|Condition Monitoring Engineer||2,070 USD||-7%|
|Contract Associate Engineer||2,340 USD||+5%|
|Control Systems Engineer||2,460 USD||+10%|
|Controls Engineer||2,450 USD||+10%|
|Controls Software Engineer||2,080 USD||-7%|
|Corrosion Engineer||2,110 USD||-5%|
|Design Engineer||2,500 USD||+12%|
|Drafting Manager||2,890 USD||+30%|
|Drilling Engineer||2,230 USD||+0%|
|Electrical Draughtsman||1,180 USD||-47%|
|Electrical Engineer||2,620 USD||+18%|
|Electrical Engineering Manager||3,550 USD||+59%|
|Electromechanical Engineering Technologist||2,660 USD||+19%|
|Electromechanical Equipment Assembler||1,220 USD||-45%|
|Energy Engineer||2,410 USD||+8%|
|Engine Assembler||1,040 USD||-53%|
|Engineering Account Manager||2,810 USD||+26%|
|Engineering Chief Designer||2,670 USD||+20%|
|Engineering Consultant||3,370 USD||+51%|
|Engineering Key Account Manager||3,580 USD||+61%|
|Engineering Lab Technician||2,330 USD||+5%|
|Engineering Planning Manager||3,400 USD||+53%|
|Engineering Production Manager||4,160 USD||+87%|
|Engineering Project Analyst||2,910 USD||+31%|
|Engineering Project Coordinator||2,760 USD||+24%|
|Engineering Project Director||5,060 USD||+130%|
|Engineering Project Manager||3,480 USD||+56%|
|Engineering Research and Development Manager||3,710 USD||+67%|
|Engineering Safety Coordinator||1,820 USD||-18%|
|Engineering Sales Manager||3,290 USD||+48%|
|Engineering Technician||1,930 USD||-13%|
|Engineering Technologist||1,880 USD||-16%|
|Environmental Engineer||2,370 USD||+6%|
|Equipment Engineer||2,290 USD||+3%|
|Equipment Engineering Manager||3,110 USD||+40%|
|Fabrication Specialist||1,630 USD||-27%|
|Facade Engineer||2,310 USD||+4%|
|Fiber Analyst||1,400 USD||-37%|
|Field Engineer||2,550 USD||+15%|
|Field Engineering Manager||3,890 USD||+75%|
|Fire Engineer||2,460 USD||+10%|
|Fitter and Turner||740 USD||-67%|
|Forestry Strategic Planner||2,920 USD||+31%|
|Generation Engineer||2,430 USD||+9%|
|Genetic Engineer||2,550 USD||+15%|
|Geological Engineer||2,520 USD||+13%|
|Geotechnical Engineer||2,550 USD||+15%|
|Heavy Equipment Mechanic||1,240 USD||-44%|
|Highway Engineer||2,480 USD||+11%|
|HSE Professional||2,200 USD||-1%|
|HVAC Engineer||2,490 USD||+12%|
|HVAC Supervisor||2,110 USD||-5%|
|Industrial Engineer||2,340 USD||+5%|
|Industrial Engineering Technologist||2,270 USD||+2%|
|Instrument Engineer||2,260 USD||+1%|
|Instrumentation and Control Engineer||2,380 USD||+7%|
|Instrumentation Engineer||2,370 USD||+6%|
|Instrumentation Manager||2,320 USD||+4%|
|Irrigation Engineer||2,450 USD||+10%|
|Licensed Aircraft Engineer||2,540 USD||+14%|
|Locomotive Engineer||2,220 USD||-0%|
|Maintenance Engineer||2,220 USD||-0%|
|Maintenance Fitter||830 USD||-63%|
|Maintenance Manager||2,440 USD||+10%|
|Manufacturing Engineer||2,370 USD||+6%|
|Marine Engineer||2,320 USD||+4%|
|Materials Engineer||2,360 USD||+6%|
|Materials Researcher||2,250 USD||+1%|
|Materials Technician||1,780 USD||-20%|
|Mechanical and Electrical Engineer||2,600 USD||+17%|
|Mechanical Design Engineer||2,510 USD||+13%|
|Mechanical Designer||2,110 USD||-5%|
|Mechanical Engineer||2,660 USD||+19%|
|Mechanical Engineering Manager||3,290 USD||+48%|
|Mechanical Inspector||2,420 USD||+9%|
|Mechatronics Engineer||2,510 USD||+13%|
|Mining Engineer||2,400 USD||+8%|
|Oil and Petrochemical Engineer||2,490 USD||+12%|
|Optical Engineer||2,410 USD||+8%|
|Optical Instrument Assembler||1,180 USD||-47%|
|PCB Assembler||910 USD||-59%|
|Photonics Engineer||2,520 USD||+13%|
|Photonics Technician||2,140 USD||-4%|
|Pipeline Engineer||2,300 USD||+3%|
|Piping Designer||1,280 USD||-43%|
|Piping Engineer||2,250 USD||+1%|
|Planning Engineer||2,420 USD||+9%|
|Pressure Vessel Inspector||1,100 USD||-51%|
|Principal Cost Engineer||2,430 USD||+9%|
|Principal Engineer||2,310 USD||+4%|
|Principal Support Engineer||2,410 USD||+8%|
|Process Engineer||2,350 USD||+6%|
|Process Operator||1,440 USD||-35%|
|Product Development Engineer||2,570 USD||+15%|
|Product Development Technician||1,740 USD||-22%|
|Product Engineer||2,410 USD||+8%|
|Product Safety Engineer||2,200 USD||-1%|
|Production Engineer||2,380 USD||+7%|
|Project Engineer||2,550 USD||+15%|
|Proposal Manager||2,970 USD||+33%|
|Purchasing Engineer||2,150 USD||-3%|
|Quality Assurance Engineer||2,480 USD||+11%|
|Rail Engineer||2,370 USD||+6%|
|Robotics Engineer||2,760 USD||+24%|
|Robotics Technician||1,880 USD||-16%|
|Safety Engineer||2,440 USD||+10%|
|Safety Inspector||1,840 USD||-17%|
|Safety Manager||2,810 USD||+26%|
|Safety Officer||1,200 USD||-46%|
|Sales Engineer||2,620 USD||+18%|
|Scheduling Engineer||2,190 USD||-2%|
|Service Engineer||2,510 USD||+13%|
|Solar Engineer||2,470 USD||+11%|
|Staff Engineer||2,420 USD||+9%|
|Static Equipment Engineer||2,230 USD||+0%|
|Stationary Engineer||2,180 USD||-2%|
|Stress Engineer||2,130 USD||-4%|
|Structural Analysis Engineer||2,330 USD||+5%|
|Structural Designer||2,120 USD||-5%|
|Structural Engineer||2,420 USD||+9%|
|Structural Technician||1,490 USD||-33%|
|Supply Chain Specialist||2,430 USD||+9%|
|Technical Affairs Officer||1,230 USD||-45%|
|Technical Assistant||1,240 USD||-44%|
|Technical Engineer||2,160 USD||-3%|
|Technical Support Engineer||2,070 USD||-7%|
|Tender Engineer||2,230 USD||+0%|
|Test Development Engineer||2,390 USD||+7%|
|Transportation Engineer||2,170 USD||-3%|
|Validation Engineer||2,110 USD||-5%|
|Verification Engineer||2,180 USD||-2%|
|Wastewater Engineer||2,410 USD||+8%|
|Wind Energy Engineer||2,410 USD||+8%|
|Wind Energy Operations Manager||3,280 USD||+47%|
|Work Planner||1,600 USD||-28%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Virgin Islands (US) earn 21% more than their private sector counterparts on average across all sectors.