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Drilling Engineer Average Salary in Cuba 2021

How much money does a Drilling Engineer make in Cuba?


Average Monthly Salary
19,400 CUP
( 233,000 CUP yearly)

LOW
9,520
CUP
AVERAGE
19,400
CUP
HIGH
30,300
CUP

A person working as a Drilling Engineer in Cuba typically earns around 19,400 CUP per month. Salaries range from 9,520 CUP (lowest) to 30,300 CUP (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 Salary Distribution in Cuba

Median and salary distribution monthly Cuba Drilling Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Drilling Engineer salaries in Cuba range from 9,520 CUP per month (minimum salary) to 30,300 CUP per month (maximum salary).

  • Median Salary

    The median salary is 19,800 CUP per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 19,800 CUP while the other half are earning more than 19,800 CUP. 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.

  • Percentiles

    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 13,200 CUP while 75% of them are earning more than 13,200 CUP. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 25,600 CUP while 25% are earning more than 25,600 CUP.


What is the difference between the median and the average salary?

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

Drilling Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Cuba Drilling Engineer
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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 11,300 CUP per month.

While someone with an experience level between two and five years is expected to earn 14,500 CUP 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 20,000 CUP per month, 38% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 24,800 CUP 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 26,600 CUP 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 28,300 CUP per month, 7% more than people with fifteen to twenty years of experience.


Drilling Engineer average salary change by experience in Cuba

0 - 2 Years
11,300 CUP
2 - 5 Years+29%
14,500 CUP
5 - 10 Years+38%
20,000 CUP
10 - 15 Years+24%
24,800 CUP
15 - 20 Years+7%
26,600 CUP
20+ Years+7%
28,300 CUP
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Drilling Engineer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Drilling Engineer(s) who have the same experience but different education levels.

Salary comparison by education level monthly Cuba Drilling Engineer
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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 14,500 CUP per month.

While someone with a Bachelor's Degree gets a salary of 19,500 CUP per month, 34% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 29,900 CUP per month, 53% more than someone with a Bachelor's Degree.


Drilling Engineer average salary difference by education level in Cuba

Certificate or Diploma
14,500 CUP
Bachelor's Degree+34%
19,500 CUP
Master's Degree+53%
29,900 CUP
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Cuba costs anywhere from 110,000 Cuban Peso(s) to 329,000 Cuban Peso(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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Drilling Engineer Salary Comparison By Gender

Salary comparison by gender monthly Cuba Drilling Engineer
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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 Cuba earn 12% more than their female counterparts on average.

Male
20,300 CUP
Female-10%
18,200 CUP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Cuba for all Careers

Salary comparison by gender monthly Cuba
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Drilling Engineer Average Annual Salary Increment Percentage in Cuba

How much are annual salary increments in Cuba for Drilling Engineer(s)? How often do employees get salary raises?

Drilling Engineer

Drilling Engineer(s) in Cuba 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.

Annual Salary Increment Rate Cuba Drilling Engineer
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Cuba / All Professions

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.

How to calculate the salary increment percentage?

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

The average salary increase in one year (12 months) in Cuba is 2%.

Annual Increment Rate By Industry 2020

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Cuba 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.


Worldwide Salary Raises: All Countries and All Jobs

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Drilling Engineer Bonus and Incentive Rates in Cuba

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cuba Drilling Engineer
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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.

Received Bonus
13%
No Bonus
87%

Types of Bonuses Considered

Individual Performance-Based Bonuses

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.

Bonuses Are Not Commissions!

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.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

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.

Drilling Engineer Average Hourly Wage in Cuba


110 CUP per hour

The average hourly wage (pay per hour) in Cuba is 110 CUP. This means that the average Drilling Engineer in Cuba earns approximately 110 CUP for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Drilling Engineer VS Other Jobs

Salary Comparison Between Drilling Engineer and Engineering monthly Cuba
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The average salary for Drilling Engineer is 5% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Acoustics Engineer18,300 CUP-6%
Assembly Engineering Technician14,300 CUP-26%
Assistant Chief Engineer21,900 CUP+13%
Associate Engineer16,400 CUP-16%
Autocad Operator11,600 CUP-40%
Automation Engineer19,400 CUP-0%
Avionic System Support Engineer17,800 CUP-8%
Biochemical Engineer17,100 CUP-12%
BMS Engineer18,700 CUP-4%
Bridge and Lock Tender10,300 CUP-47%
Broadcast Engineer19,200 CUP-1%
CAD Design Engineer19,800 CUP+2%
CAD Designer11,500 CUP-41%
CAE Engineer18,400 CUP-5%
Ceramics Engineer17,100 CUP-12%
Civil Engineer20,400 CUP+5%
Commissioning Engineer18,000 CUP-7%
Communications Engineer20,300 CUP+5%
Condition Monitoring Engineer16,900 CUP-13%
Contract Associate Engineer17,400 CUP-10%
Control Systems Engineer18,100 CUP-7%
Controls Engineer19,200 CUP-1%
Controls Software Engineer17,100 CUP-12%
Corrosion Engineer16,900 CUP-13%
Design Engineer19,400 CUP-0%
Drafter12,000 CUP-38%
Drafting Manager21,100 CUP+9%
Drilling Engineer19,400 CUP-0%
Electrical Draughtsman9,750 CUP-50%
Electrical Engineer21,000 CUP+8%
Electrical Engineering Manager26,200 CUP+35%
Electromechanical Engineering Technologist20,600 CUP+6%
Electromechanical Equipment Assembler9,620 CUP-50%
Energy Engineer20,800 CUP+7%
Engine Assembler8,350 CUP-57%
Engineer20,400 CUP+5%
Engineering Account Manager21,000 CUP+8%
Engineering Chief Designer21,100 CUP+9%
Engineering Consultant25,500 CUP+31%
Engineering Key Account Manager27,200 CUP+40%
Engineering Lab Technician17,500 CUP-10%
Engineering Planning Manager26,500 CUP+36%
Engineering Production Manager35,300 CUP+82%
Engineering Project Analyst23,000 CUP+18%
Engineering Project Coordinator 23,300 CUP+20%
Engineering Project Director38,200 CUP+97%
Engineering Project Manager26,700 CUP+37%
Engineering Research and Development Manager29,900 CUP+54%
Engineering Safety Coordinator14,800 CUP-24%
Engineering Sales Manager25,700 CUP+32%
Engineering Technician14,800 CUP-24%
Engineering Technologist15,100 CUP-22%
Environmental Engineer18,100 CUP-7%
Equipment Engineer17,800 CUP-8%
Equipment Engineering Manager24,600 CUP+27%
Estimator15,700 CUP-19%
Fabrication Specialist13,400 CUP-31%
Fabricator9,120 CUP-53%
Facade Engineer18,800 CUP-3%
Fiber Analyst11,500 CUP-41%
Field Engineer20,500 CUP+6%
Field Engineering Manager31,800 CUP+64%
Fire Engineer19,800 CUP+2%
Fitter and Turner6,050 CUP-69%
Forestry Strategic Planner21,700 CUP+12%
Generation Engineer20,100 CUP+3%
Genetic Engineer20,200 CUP+4%
Geological Engineer19,400 CUP-0%
Geotechnical Engineer21,200 CUP+9%
Heavy Equipment Mechanic10,200 CUP-47%
Highway Engineer19,000 CUP-2%
HSE Professional17,200 CUP-11%
HVAC Engineer21,400 CUP+10%
HVAC Supervisor17,800 CUP-8%
Industrial Engineer18,500 CUP-5%
Industrial Engineering Technologist18,100 CUP-7%
Instrument Engineer19,000 CUP-2%
Instrumentation and Control Engineer19,500 CUP+0%
Instrumentation Engineer18,600 CUP-4%
Instrumentation Manager19,700 CUP+1%
Irrigation Engineer17,800 CUP-8%
Licensed Aircraft Engineer19,800 CUP+2%
Locomotive Engineer18,100 CUP-7%
Maintenance Engineer18,200 CUP-6%
Maintenance Fitter6,480 CUP-67%
Maintenance Manager19,700 CUP+1%
Manufacturing Engineer17,900 CUP-8%
Marine Engineer19,700 CUP+1%
Materials Engineer18,400 CUP-5%
Materials Researcher18,000 CUP-7%
Materials Technician14,300 CUP-26%
Mechanical and Electrical Engineer19,700 CUP+1%
Mechanical Design Engineer20,000 CUP+3%
Mechanical Designer17,100 CUP-12%
Mechanical Engineer21,100 CUP+9%
Mechanical Engineering Manager26,600 CUP+37%
Mechanical Inspector17,900 CUP-8%
Mechatronics Engineer20,900 CUP+8%
Mining Engineer19,600 CUP+1%
Oil and Petrochemical Engineer20,800 CUP+7%
Optical Engineer18,500 CUP-5%
Optical Instrument Assembler10,200 CUP-47%
PCB Assembler7,160 CUP-63%
Photonics Engineer21,900 CUP+13%
Photonics Technician17,000 CUP-12%
Pipeline Engineer17,600 CUP-9%
Piping Designer9,980 CUP-49%
Piping Engineer17,800 CUP-8%
Planning Engineer20,300 CUP+5%
Pressure Vessel Inspector9,230 CUP-52%
Principal Cost Engineer20,200 CUP+4%
Principal Engineer19,500 CUP+0%
Principal Support Engineer18,600 CUP-4%
Process Engineer18,100 CUP-7%
Process Operator11,400 CUP-41%
Product Development Engineer20,100 CUP+3%
Product Development Technician14,500 CUP-25%
Product Engineer19,200 CUP-1%
Product Safety Engineer17,400 CUP-10%
Production Engineer19,900 CUP+2%
Project Engineer20,600 CUP+6%
Proposal Manager24,500 CUP+26%
Purchasing Engineer17,700 CUP-9%
Quality Assurance Engineer18,400 CUP-5%
Rail Engineer19,800 CUP+2%
Robotics Engineer21,400 CUP+10%
Robotics Technician16,400 CUP-16%
Safety Engineer18,800 CUP-3%
Safety Inspector14,400 CUP-26%
Safety Manager22,900 CUP+18%
Safety Officer10,100 CUP-48%
Sales Engineer20,800 CUP+7%
Scheduling Engineer18,100 CUP-7%
Service Engineer19,800 CUP+2%
Solar Engineer20,800 CUP+7%
Staff Engineer19,500 CUP+0%
Static Equipment Engineer19,400 CUP-0%
Stationary Engineer17,600 CUP-9%
Stress Engineer17,800 CUP-8%
Structural Analysis Engineer17,900 CUP-8%
Structural Designer16,400 CUP-16%
Structural Engineer18,900 CUP-3%
Structural Technician11,800 CUP-39%
Supply Chain Specialist18,800 CUP-3%
Surveyor14,900 CUP-23%
Technical Affairs Officer9,790 CUP-50%
Technical Assistant9,450 CUP-51%
Technical Engineer16,000 CUP-18%
Technical Support Engineer16,900 CUP-13%
Tender Engineer17,000 CUP-12%
Test Development Engineer19,600 CUP+1%
Transportation Engineer18,800 CUP-3%
Validation Engineer17,600 CUP-9%
Verification Engineer18,700 CUP-4%
Wastewater Engineer19,100 CUP-2%
Wind Energy Engineer19,500 CUP+0%
Wind Energy Operations Manager24,400 CUP+26%
Work Planner13,400 CUP-31%

Salary Comparison By City

CityAverage Salary
Camaguey18,400 CUP
Havana21,000 CUP
Holguin16,700 CUP
Santiago de Cuba19,200 CUP

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Cuba earn 11% more than their private sector counterparts on average across all sectors.

Private Sector
20,600 CUP
Public Sector+11%
22,800 CUP
Percentage increase and decrease are relative to the previous value

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