A person working as a Petroleum Geologist in Bhutan typically earns around 61,000 BTN per month. Salaries range from 29,900 BTN (lowest) to 95,100 BTN (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 Bhutan range from 29,900 BTN per month (minimum salary) to 95,100 BTN per month (maximum salary).
The median salary is 62,200 BTN per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 62,200 BTN while the other half are earning more than 62,200 BTN. 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 41,400 BTN while 75% of them are earning more than 41,400 BTN. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 80,200 BTN while 25% are earning more than 80,200 BTN.
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 35,400 BTN per month.
While someone with an experience level between two and five years is expected to earn 45,500 BTN 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 62,800 BTN 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 77,800 BTN 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 83,400 BTN 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 88,900 BTN 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 41,600 BTN per month.
While someone with a Master's Degree gets a salary of 57,300 BTN per month, 38% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 93,800 BTN per month, 64% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Bhutan costs anywhere from 186,000 Ngultrum(s) to 559,000 Ngultrum(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 Bhutan earn 11% more than their female counterparts on average.
Petroleum Geologist(s) in Bhutan are likely to observe a salary increase of approximately 9% every 29 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 Bhutan 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.
60% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 40% 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 82% 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||31,900 BTN||-48%|
|Associate Analyst||37,000 BTN||-39%|
|Associate Landman||15,500 BTN||-75%|
|Auxiliary Equipment Operator||13,900 BTN||-77%|
|Biomass Plant Technician||17,100 BTN||-72%|
|Biomass Power Plant Manager||50,100 BTN||-18%|
|Chemical Plant Operator||28,400 BTN||-53%|
|Chief Contract Compliance Engineer||36,400 BTN||-40%|
|Completions Engineer||31,500 BTN||-48%|
|Cost Controller||25,300 BTN||-59%|
|Crude Oil Marketing Representative||35,600 BTN||-42%|
|Distribution Manager||48,300 BTN||-21%|
|Dragline Operator||15,700 BTN||-74%|
|Driller Offsider||12,200 BTN||-80%|
|Dump Truck Driver||13,600 BTN||-78%|
|Electric and Gas Operations Manager||77,600 BTN||+27%|
|Energy Advisor||52,100 BTN||-15%|
|Energy Analyst||49,500 BTN||-19%|
|Energy Auditor||44,700 BTN||-27%|
|Energy Dispatch Director||60,000 BTN||-2%|
|Energy Technical Assistant||22,100 BTN||-64%|
|Energy Technical Manager||40,500 BTN||-34%|
|Energy Technical Trainer||28,600 BTN||-53%|
|Exploration Manager||62,300 BTN||+2%|
|Field Safety Auditor||40,300 BTN||-34%|
|Fluids Engineer||33,600 BTN||-45%|
|Fuel Cell Engineer||36,900 BTN||-39%|
|Fuel Cell Technician||18,100 BTN||-70%|
|Fuels Handler||15,400 BTN||-75%|
|Gas Compressor Operator||15,000 BTN||-75%|
|Gas Distribution Plant Operator||28,400 BTN||-53%|
|Gas Supply Manager||51,500 BTN||-16%|
|Geothermal Production Manager||59,700 BTN||-2%|
|Geothermal Technician||25,100 BTN||-59%|
|HSE Engineer||35,900 BTN||-41%|
|HSE Officer||20,300 BTN||-67%|
|HSEQ Administrator||23,500 BTN||-61%|
|Instrument Designer||28,000 BTN||-54%|
|Lead Technical Field Advisor||43,200 BTN||-29%|
|Logistics and Tool Coordinator||30,100 BTN||-51%|
|Maintenance Engineer||34,600 BTN||-43%|
|Maintenance Superintendent||31,300 BTN||-49%|
|Material Controller||22,100 BTN||-64%|
|Mine Engineer||34,500 BTN||-43%|
|Mine Surveyor||38,400 BTN||-37%|
|Mining Project Administrator||31,500 BTN||-48%|
|Mining Project Assistant||24,400 BTN||-60%|
|Mining Project Controls Consultant||39,600 BTN||-35%|
|Mining Project Coordinator||29,900 BTN||-51%|
|Mining Project Engineer||32,800 BTN||-46%|
|Mining Project Manager||42,300 BTN||-31%|
|Mining Site Manager||47,200 BTN||-23%|
|Mining Team Leader||36,900 BTN||-39%|
|NDT Technician||20,300 BTN||-67%|
|Oil Service Unit Operator||18,600 BTN||-69%|
|Oil Trader||46,100 BTN||-24%|
|Oilwell Pumper||12,400 BTN||-80%|
|Petroleum Engineer||40,200 BTN||-34%|
|Petroleum Geologist||61,000 BTN||+0%|
|Petroleum Pump System Operator||18,400 BTN||-70%|
|Pipeline Technician||13,400 BTN||-78%|
|Power Coordinator||20,500 BTN||-66%|
|Power Plant Operations Manager||69,900 BTN||+15%|
|Power Plant Operator||29,100 BTN||-52%|
|Radio Operator||15,000 BTN||-75%|
|Reliability Engineer||35,000 BTN||-43%|
|Reservoir Engineer||30,600 BTN||-50%|
|Risk Analyst||41,600 BTN||-32%|
|Shutdown Engineer||29,000 BTN||-52%|
|Solar Energy Installation Manager||49,900 BTN||-18%|
|Solar Energy Systems Engineer||36,000 BTN||-41%|
|Solar Photovoltaic Installer||23,300 BTN||-62%|
|Solar Thermal Technician||20,500 BTN||-66%|
|Supply Operations Manager||55,400 BTN||-9%|
|Sustainability Specialist||55,700 BTN||-9%|
|System Development Advisor||38,800 BTN||-36%|
|Tanker Truck Driver||13,300 BTN||-78%|
|Utility Operator||17,800 BTN||-71%|
|Wind Energy Project Manager||45,900 BTN||-25%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Bhutan earn 10% more than their private sector counterparts on average across all sectors.