A person working as a Drilling Engineer in Bosnia and Herzegovina typically earns around 2,040 BAM per month. Salaries range from 940 BAM (lowest) to 3,250 BAM (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 Bosnia and Herzegovina range from 940 BAM per month (minimum salary) to 3,250 BAM per month (maximum salary).
The median salary is 2,210 BAM per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 2,210 BAM while the other half are earning more than 2,210 BAM. 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 1,420 BAM while 75% of them are earning more than 1,420 BAM. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 2,950 BAM while 25% are earning more than 2,950 BAM.
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 1,070 BAM per month.
While someone with an experience level between two and five years is expected to earn 1,430 BAM per month, 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 2,110 BAM per month, 48% 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 2,570 BAM per month, 22% 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 2,800 BAM per month, 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 3,030 BAM per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 1,220 BAM per month.
While someone with a Bachelor's Degree gets a salary of 1,910 BAM per month, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 3,210 BAM per month, 68% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Bosnia and Herzegovina costs anywhere from 11,500 Convertible Marks(s) to 34,500 Convertible Marks(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 Bosnia and Herzegovina earn 11% more than their female counterparts on average.
Drilling Engineer(s) in Bosnia and Herzegovina are likely to observe a salary increase of approximately 7% 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 Bosnia and Herzegovina 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.
84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% 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 5% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||2,060 BAM||+1%|
|Assembly Engineering Technician||1,560 BAM||-24%|
|Assistant Chief Engineer||2,330 BAM||+14%|
|Associate Engineer||1,910 BAM||-7%|
|Autocad Operator||1,270 BAM||-38%|
|Automation Engineer||2,180 BAM||+7%|
|Avionic System Support Engineer||2,020 BAM||-1%|
|Biochemical Engineer||1,900 BAM||-7%|
|BMS Engineer||1,830 BAM||-11%|
|Bridge and Lock Tender||1,170 BAM||-43%|
|Broadcast Engineer||2,010 BAM||-2%|
|CAD Design Engineer||2,180 BAM||+7%|
|CAD Designer||1,360 BAM||-33%|
|CAE Engineer||1,940 BAM||-5%|
|Ceramics Engineer||1,960 BAM||-4%|
|Civil Engineer||2,050 BAM||+0%|
|Commissioning Engineer||1,930 BAM||-6%|
|Communications Engineer||2,270 BAM||+11%|
|Condition Monitoring Engineer||1,800 BAM||-12%|
|Contract Associate Engineer||1,930 BAM||-6%|
|Control Systems Engineer||2,000 BAM||-2%|
|Controls Engineer||1,970 BAM||-4%|
|Controls Software Engineer||1,840 BAM||-10%|
|Corrosion Engineer||1,850 BAM||-10%|
|Design Engineer||2,090 BAM||+2%|
|Drafting Manager||2,300 BAM||+12%|
|Drilling Engineer||2,040 BAM||-0%|
|Electrical Draughtsman||1,030 BAM||-50%|
|Electrical Engineer||2,370 BAM||+16%|
|Electrical Engineering Manager||2,890 BAM||+41%|
|Electromechanical Engineering Technologist||2,270 BAM||+11%|
|Electromechanical Equipment Assembler||1,140 BAM||-44%|
|Energy Engineer||2,170 BAM||+6%|
|Engine Assembler||930 BAM||-55%|
|Engineering Account Manager||2,370 BAM||+16%|
|Engineering Chief Designer||2,290 BAM||+12%|
|Engineering Consultant||2,670 BAM||+31%|
|Engineering Key Account Manager||2,880 BAM||+41%|
|Engineering Lab Technician||1,970 BAM||-4%|
|Engineering Planning Manager||2,900 BAM||+42%|
|Engineering Production Manager||3,600 BAM||+76%|
|Engineering Project Analyst||2,380 BAM||+16%|
|Engineering Project Coordinator||2,380 BAM||+16%|
|Engineering Project Director||4,000 BAM||+96%|
|Engineering Project Manager||2,860 BAM||+40%|
|Engineering Research and Development Manager||3,320 BAM||+62%|
|Engineering Safety Coordinator||1,680 BAM||-18%|
|Engineering Sales Manager||2,760 BAM||+35%|
|Engineering Technician||1,590 BAM||-22%|
|Engineering Technologist||1,570 BAM||-23%|
|Environmental Engineer||2,080 BAM||+2%|
|Equipment Engineer||1,800 BAM||-12%|
|Equipment Engineering Manager||2,670 BAM||+31%|
|Fabrication Specialist||1,540 BAM||-25%|
|Facade Engineer||1,970 BAM||-4%|
|Fiber Analyst||1,160 BAM||-43%|
|Field Engineer||2,160 BAM||+6%|
|Field Engineering Manager||3,610 BAM||+77%|
|Fire Engineer||2,090 BAM||+2%|
|Fitter and Turner||690 BAM||-66%|
|Forestry Strategic Planner||2,460 BAM||+20%|
|Generation Engineer||2,190 BAM||+7%|
|Genetic Engineer||2,380 BAM||+16%|
|Geological Engineer||2,080 BAM||+2%|
|Geotechnical Engineer||2,110 BAM||+3%|
|Heavy Equipment Mechanic||1,060 BAM||-48%|
|Highway Engineer||2,040 BAM||-0%|
|HSE Professional||1,850 BAM||-10%|
|HVAC Engineer||2,230 BAM||+9%|
|HVAC Supervisor||1,950 BAM||-5%|
|Industrial Engineer||2,070 BAM||+1%|
|Industrial Engineering Technologist||1,990 BAM||-3%|
|Instrument Engineer||2,050 BAM||+0%|
|Instrumentation and Control Engineer||2,100 BAM||+3%|
|Instrumentation Engineer||2,030 BAM||-1%|
|Instrumentation Manager||2,000 BAM||-2%|
|Irrigation Engineer||1,950 BAM||-5%|
|Licensed Aircraft Engineer||2,320 BAM||+13%|
|Locomotive Engineer||2,020 BAM||-1%|
|Maintenance Engineer||1,930 BAM||-6%|
|Maintenance Fitter||760 BAM||-63%|
|Maintenance Manager||2,110 BAM||+3%|
|Manufacturing Engineer||2,040 BAM||-0%|
|Marine Engineer||2,180 BAM||+7%|
|Materials Engineer||1,980 BAM||-3%|
|Materials Researcher||1,870 BAM||-9%|
|Materials Technician||1,510 BAM||-26%|
|Mechanical and Electrical Engineer||2,240 BAM||+10%|
|Mechanical Design Engineer||2,190 BAM||+7%|
|Mechanical Designer||1,820 BAM||-11%|
|Mechanical Engineer||2,210 BAM||+8%|
|Mechanical Engineering Manager||2,990 BAM||+46%|
|Mechanical Inspector||2,000 BAM||-2%|
|Mechatronics Engineer||2,270 BAM||+11%|
|Mining Engineer||2,120 BAM||+4%|
|Oil and Petrochemical Engineer||2,220 BAM||+9%|
|Optical Engineer||1,980 BAM||-3%|
|Optical Instrument Assembler||1,060 BAM||-48%|
|PCB Assembler||740 BAM||-64%|
|Photonics Engineer||2,270 BAM||+11%|
|Photonics Technician||1,900 BAM||-7%|
|Pipeline Engineer||1,920 BAM||-6%|
|Piping Designer||1,170 BAM||-43%|
|Piping Engineer||1,840 BAM||-10%|
|Planning Engineer||2,050 BAM||+0%|
|Pressure Vessel Inspector||1,010 BAM||-51%|
|Principal Cost Engineer||2,010 BAM||-2%|
|Principal Engineer||2,100 BAM||+3%|
|Principal Support Engineer||2,160 BAM||+6%|
|Process Engineer||2,070 BAM||+1%|
|Process Operator||1,270 BAM||-38%|
|Product Development Engineer||2,230 BAM||+9%|
|Product Development Technician||1,440 BAM||-30%|
|Product Engineer||2,080 BAM||+2%|
|Product Safety Engineer||2,050 BAM||+0%|
|Production Engineer||2,020 BAM||-1%|
|Project Engineer||2,170 BAM||+6%|
|Proposal Manager||2,810 BAM||+37%|
|Purchasing Engineer||1,870 BAM||-9%|
|Quality Assurance Engineer||2,080 BAM||+2%|
|Rail Engineer||2,180 BAM||+7%|
|Robotics Engineer||2,320 BAM||+13%|
|Robotics Technician||1,720 BAM||-16%|
|Safety Engineer||2,010 BAM||-2%|
|Safety Inspector||1,550 BAM||-24%|
|Safety Manager||2,390 BAM||+17%|
|Safety Officer||1,090 BAM||-47%|
|Sales Engineer||2,140 BAM||+5%|
|Scheduling Engineer||1,970 BAM||-4%|
|Service Engineer||2,190 BAM||+7%|
|Solar Engineer||2,240 BAM||+10%|
|Staff Engineer||2,060 BAM||+1%|
|Static Equipment Engineer||2,040 BAM||-0%|
|Stationary Engineer||1,860 BAM||-9%|
|Stress Engineer||1,890 BAM||-8%|
|Structural Analysis Engineer||2,050 BAM||+0%|
|Structural Designer||1,740 BAM||-15%|
|Structural Engineer||2,110 BAM||+3%|
|Structural Technician||1,280 BAM||-37%|
|Supply Chain Specialist||2,070 BAM||+1%|
|Technical Affairs Officer||1,000 BAM||-51%|
|Technical Assistant||1,090 BAM||-47%|
|Technical Engineer||1,790 BAM||-12%|
|Technical Support Engineer||1,800 BAM||-12%|
|Tender Engineer||1,830 BAM||-11%|
|Test Development Engineer||1,940 BAM||-5%|
|Transportation Engineer||1,960 BAM||-4%|
|Validation Engineer||1,910 BAM||-7%|
|Verification Engineer||1,920 BAM||-6%|
|Wastewater Engineer||1,970 BAM||-4%|
|Wind Energy Engineer||2,020 BAM||-1%|
|Wind Energy Operations Manager||2,710 BAM||+33%|
|Work Planner||1,430 BAM||-30%|
|Banja Luka||2,080 BAM|
Where can you get paid more, working for a private company or for the government? Public sector employees in Bosnia and Herzegovina earn 25% more than their private sector counterparts on average across all sectors.