Geologist Average Salary in Cuba 2022
How much money does a Geologist make in Cuba?
LOW
18,600
CUP AVERAGE
35,700
CUP HIGH
54,700
CUP
A person working as a Geologist in Cuba typically earns around 35,700 CUP per month. Salaries range from 18,600 CUP (lowest) to 54,700 CUP (highest).
This is the average monthly salary including housing, transport, and other benefits. Geologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Geologist Salary Distribution in Cuba
The median, the maximum, the minimum, and the range
Salary Range
Geologist salaries in Cuba range from 18,600 CUP per month (minimum salary) to 54,700 CUP per month (maximum salary).
Median Salary
The median salary is 34,300 CUP per month, which means that half (50%) of people working as Geologist(s) are earning less than 34,300 CUP while the other half are earning more than 34,300 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 Geologist(s) are earning less than 23,800 CUP while 75% of them are earning more than 23,800 CUP. Also from the diagram, 75% of Geologist(s) are earning less than 42,700 CUP while 25% are earning more than 42,700 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
Geologist Salary Comparison by Years of Experience
How does experience and age affect your pay?
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 Geologist salaries by experience level and this is what we found.
A Geologist with less than two years of experience makes approximately 21,100 CUP per month.
While someone with an experience level between two and five years is expected to earn 28,300 CUP 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 36,800 CUP per month, 30% more than someone with two to five years of experience.
Additionally, Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 44,600 CUP per month, 21% 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 48,700 CUP 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 51,200 CUP per month, 5% more than people with fifteen to twenty years of experience.
Geologist average salary change by experience in Cuba
| 0 - 2 Years | 21,100 CUP | |
| 2 - 5 Years | +34% | 28,300 CUP |
| 5 - 10 Years | +30% | 36,800 CUP |
| 10 - 15 Years | +21% | 44,600 CUP |
| 15 - 20 Years | +9% | 48,700 CUP |
| 20+ Years | +5% | 51,200 CUP |
Typical Salary Progress for Most Careers
Geologist Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Geologist(s) who have the same experience but different education levels.
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 Geologist salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Geologist is 27,200 CUP per month.
While someone with a Master's Degree gets a salary of 33,700 CUP per month, 24% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 53,900 CUP per month, 60% more than someone with a Master's Degree.
Geologist average salary difference by education level in Cuba
| Bachelor's Degree | 27,200 CUP | |
| Master's Degree | +24% | 33,700 CUP |
| PhD | +60% | 53,900 CUP |
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
Geologist Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Geologist employees in Cuba earn 11% more than their female counterparts on average.
| Male | 38,100 CUP | |
| Female | -10% | 34,200 CUP |
Salary Comparison By Gender in Cuba for all Careers
Geologist Average Annual Salary Increment Percentage in Cuba
How much are annual salary increments in Cuba for Geologist(s)? How often do employees get salary raises?
Geologist
Geologist(s) in Cuba 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.
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
Annual Increment Rate By Industry 2021
| 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 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.
Worldwide Salary Raises: All Countries and All Jobs
Geologist Bonus and Incentive Rates in Cuba
How much and how often are bonuses being awarded?
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A 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.
63% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 37% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
| Received Bonus | 37% | |
| No Bonus | 63% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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.
Geologist Average Hourly Wage in Cuba
210 CUP per hourThe average hourly wage (pay per hour) in Cuba is 210 CUP. This means that the average Geologist in Cuba earns approximately 210 CUP for every worked hour.
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.
Geologist VS Other Jobs
The average salary for Geologist is 81% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Assistant Yard Manager | 19,000 CUP |  -47% |
| Associate Analyst | 22,200 CUP | -38% |
| Associate Landman | 9,320 CUP | -74% |
| Auxiliary Equipment Operator | 8,000 CUP | -78% |
| Biomass Plant Technician | 10,100 CUP | -72% |
| Biomass Power Plant Manager | 27,800 CUP | -22% |
| Chemical Plant Operator | 16,600 CUP | -54% |
| Chief Contract Compliance Engineer | 20,000 CUP | -44% |
| Completions Engineer | 18,800 CUP | -47% |
| Cost Controller | 15,000 CUP | -58% |
| Crude Oil Marketing Representative | 21,200 CUP | -41% |
| Dispatcher | 8,150 CUP | -77% |
| Distribution Manager | 27,100 CUP | -24% |
| Dragline Operator | 9,510 CUP | -73% |
| Driller Offsider | 7,320 CUP | -80% |
| Dump Truck Driver | 7,950 CUP | -78% |
| Electric and Gas Operations Manager | 46,600 CUP |  +30% |
| Energy Advisor | 30,700 CUP | -14% |
| Energy Analyst | 27,100 CUP | -24% |
| Energy Auditor | 25,300 CUP | -29% |
| Energy Dispatch Director | 33,600 CUP | -6% |
| Energy Technical Assistant | 12,500 CUP | -65% |
| Energy Technical Manager | 24,100 CUP | -33% |
| Energy Technical Trainer | 17,700 CUP | -50% |
| Exploration Manager | 36,000 CUP | +1% |
| Field Safety Auditor | 21,500 CUP | -40% |
| Fluids Engineer | 18,800 CUP | -47% |
| Fuel Cell Engineer | 21,100 CUP | -41% |
| Fuel Cell Technician | 9,620 CUP | -73% |
| Fuels Handler | 9,170 CUP | -74% |
| Gas Compressor Operator | 8,640 CUP | -76% |
| Gas Distribution Plant Operator | 16,900 CUP | -53% |
| Gas Supply Manager | 31,600 CUP | -12% |
| Geologist | 35,700 CUP | -0% |
| Geophysicist | 35,700 CUP | -0% |
| Geothermal Production Manager | 34,100 CUP | -5% |
| Geothermal Technician | 13,300 CUP | -63% |
| HSE Engineer | 19,100 CUP | -47% |
| HSE Officer | 12,300 CUP | -66% |
| HSEQ Administrator | 13,700 CUP | -62% |
| Inspector | 17,600 CUP | -51% |
| Instructor | 15,900 CUP | -56% |
| Instrument Designer | 15,800 CUP | -56% |
| Lead Technical Field Advisor | 26,200 CUP | -27% |
| Logistics and Tool Coordinator | 17,600 CUP | -51% |
| Maintenance Engineer | 20,400 CUP | -43% |
| Maintenance Superintendent | 17,500 CUP | -51% |
| Material Controller | 12,900 CUP | -64% |
| Mine Engineer | 18,400 CUP | -49% |
| Mine Surveyor | 21,000 CUP | -41% |
| Mining Project Administrator | 17,800 CUP | -50% |
| Mining Project Assistant | 13,700 CUP | -62% |
| Mining Project Controls Consultant | 22,900 CUP | -36% |
| Mining Project Coordinator | 16,900 CUP | -53% |
| Mining Project Engineer | 18,900 CUP | -47% |
| Mining Project Manager | 24,200 CUP | -32% |
| Mining Site Manager | 26,200 CUP | -27% |
| Mining Team Leader | 22,000 CUP | -38% |
| NDT Technician | 12,100 CUP | -66% |
| Oil Service Unit Operator | 10,300 CUP | -71% |
| Oil Trader | 24,600 CUP | -31% |
| Oilwell Pumper | 7,550 CUP | -79% |
| Petroleum Engineer | 22,700 CUP | -36% |
| Petroleum Geologist | 34,500 CUP | -3% |
| Petroleum Pump System Operator | 10,700 CUP | -70% |
| Pipeline Technician | 7,790 CUP | -78% |
| Power Coordinator | 11,700 CUP | -67% |
| Power Plant Operations Manager | 38,000 CUP | +6% |
| Power Plant Operator | 16,200 CUP | -55% |
| Radio Operator | 8,990 CUP | -75% |
| Reliability Engineer | 19,400 CUP | -46% |
| Reservoir Engineer | 18,200 CUP | -49% |
| Risk Analyst | 24,500 CUP | -31% |
| Roughneck | 20,800 CUP | -42% |
| Scaffolder | 13,300 CUP | -63% |
| Shutdown Engineer | 16,900 CUP | -53% |
| Solar Energy Installation Manager | 28,800 CUP | -19% |
| Solar Energy Systems Engineer | 21,400 CUP | -40% |
| Solar Photovoltaic Installer | 12,900 CUP | -64% |
| Solar Thermal Technician | 11,700 CUP | -67% |
| Supply Operations Manager | 31,300 CUP | -12% |
| Sustainability Specialist | 32,500 CUP | -9% |
| System Development Advisor | 22,400 CUP | -37% |
| Tanker Truck Driver | 8,150 CUP | -77% |
| Utility Operator | 10,600 CUP | -70% |
| Wind Energy Project Manager | 27,900 CUP | -22% |
Salary Comparison By City
| City | Average Salary |
| Camaguey | 32,900 CUP |
| Havana | 40,500 CUP |
| Holguin | 33,400 CUP |
| Santiago de Cuba | 37,500 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 |
