Oil / Gas / Energy / Mining Average Salaries in Buenos Aires 2023
How much money does a person working in Oil / Gas / Energy / Mining make in Buenos Aires?
LOW
17,000
ARS AVERAGE
46,800
ARS HIGH
108,000
ARS
A person working in Oil / Gas / Energy / Mining in Buenos Aires typically earns around 46,800 ARS per month. Salaries range from 17,000 ARS (lowest average) to 108,000 ARS (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Oil / Gas / Energy / Mining careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries for specific jobs
| Job Title | Average Salary |
| Assistant Yard Manager | 45,000 ARS |
| Associate Analyst | 52,600 ARS |
| Associate Landman | 22,100 ARS |
| Auxiliary Equipment Operator | 19,000 ARS |
| Biomass Plant Technician | 24,000 ARS |
| Biomass Power Plant Manager | 65,900 ARS |
| Chemical Plant Operator | 39,300 ARS |
| Chief Contract Compliance Engineer | 47,300 ARS |
| Completions Engineer | 44,500 ARS |
| Cost Controller | 35,600 ARS |
| Crude Oil Marketing Representative | 50,200 ARS |
| Dispatcher | 19,300 ARS |
| Distribution Manager | 64,100 ARS |
| Dragline Operator | 22,600 ARS |
| Driller Offsider | 17,400 ARS |
| Dump Truck Driver | 18,800 ARS |
| Electric and Gas Operations Manager | 110,000 ARS |
| Energy Advisor | 72,700 ARS |
| Energy Analyst | 64,300 ARS |
| Energy Auditor | 59,900 ARS |
| Energy Dispatch Director | 79,600 ARS |
| Energy Technical Assistant | 29,700 ARS |
| Energy Technical Manager | 57,200 ARS |
| Energy Technical Trainer | 42,000 ARS |
| Exploration Manager | 85,300 ARS |
| Field Safety Auditor | 50,900 ARS |
| Fluids Engineer | 44,600 ARS |
| Fuel Cell Engineer | 50,100 ARS |
| Fuel Cell Technician | 22,800 ARS |
| Fuels Handler | 21,700 ARS |
| Gas Compressor Operator | 20,500 ARS |
| Gas Distribution Plant Operator | 40,000 ARS |
| Gas Supply Manager | 74,800 ARS |
| Geologist | 84,700 ARS |
| Geophysicist | 84,500 ARS |
| Geothermal Production Manager | 80,900 ARS |
| Geothermal Technician | 31,600 ARS |
| HSE Engineer | 45,300 ARS |
| HSE Officer | 29,200 ARS |
| HSEQ Administrator | 32,500 ARS |
| Inspector | 41,700 ARS |
| Instructor | 37,700 ARS |
| Instrument Designer | 37,500 ARS |
| Lead Technical Field Advisor | 62,200 ARS |
| Logistics and Tool Coordinator | 41,600 ARS |
| Maintenance Engineer | 48,400 ARS |
| Maintenance Superintendent | 41,500 ARS |
| Material Controller | 30,600 ARS |
| Mine Engineer | 43,500 ARS |
| Mine Surveyor | 49,900 ARS |
| Mining Project Administrator | 42,200 ARS |
| Mining Project Assistant | 32,400 ARS |
| Mining Project Controls Consultant | 54,200 ARS |
| Mining Project Coordinator | 40,100 ARS |
| Mining Project Engineer | 44,900 ARS |
| Mining Project Manager | 57,300 ARS |
| Mining Site Manager | 62,100 ARS |
| Mining Team Leader | 52,100 ARS |
| NDT Technician | 28,600 ARS |
| Oil Service Unit Operator | 24,500 ARS |
| Oil Trader | 58,200 ARS |
| Oilwell Pumper | 17,900 ARS |
| Petroleum Engineer | 53,900 ARS |
| Petroleum Geologist | 81,700 ARS |
| Petroleum Pump System Operator | 25,400 ARS |
| Pipeline Technician | 18,500 ARS |
| Power Coordinator | 27,800 ARS |
| Power Plant Operations Manager | 90,100 ARS |
| Power Plant Operator | 38,300 ARS |
| Radio Operator | 21,300 ARS |
| Reliability Engineer | 46,000 ARS |
| Reservoir Engineer | 43,200 ARS |
| Risk Analyst | 58,000 ARS |
| Roughneck | 49,300 ARS |
| Scaffolder | 31,400 ARS |
| Shutdown Engineer | 40,100 ARS |
| Solar Energy Installation Manager | 68,300 ARS |
| Solar Energy Systems Engineer | 50,700 ARS |
| Solar Photovoltaic Installer | 30,600 ARS |
| Solar Thermal Technician | 27,800 ARS |
| Supply Operations Manager | 74,300 ARS |
| Sustainability Specialist | 77,000 ARS |
| System Development Advisor | 53,100 ARS |
| Tanker Truck Driver | 19,300 ARS |
| Utility Operator | 25,200 ARS |
| Wind Energy Project Manager | 66,100 ARS |
Oil / Gas / Energy / Mining Jobs Salary Distribution in Buenos Aires
The median, the maximum, the minimum, and the range
Salary Range
Oil / Gas / Energy / Mining salaries in Buenos Aires range from 17,000 ARS per month (minimum average salary) to 108,000 ARS per month (maximum average salary, actual maximum is higher).
Median Salary
The median salary is 45,000 ARS per month, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 45,000 ARS while the other half are earning more than 45,000 ARS. 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 people working in Oil / Gas / Energy / Mining are earning less than 27,900 ARS while 75% of them are earning more than 27,900 ARS. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 73,600 ARS while 25% are earning more than 73,600 ARS.
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
Salary Comparison by Years of Experience
How does a person's salary progress over time?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Salary Comparison By Education
How does the education level affect your salary?
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
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 Argentina costs anywhere from 226,000 Argentine Peso(s) to 677,000 Argentine 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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Oil / Gas / Energy / Mining 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 employees in Argentina who work in Oil / Gas / Energy / Mining earn 7% more than their female counterparts on average.
| Male | 42,200 ARS | |
| Female | -6% | 39,500 ARS |
Salary Comparison By Gender in Argentina for all Careers
Oil / Gas / Energy / Mining Average Annual Salary Increment Percentage in Argentina
How much are annual salary increments in Argentina for Oil / Gas / Energy / Mining professionals? How often do employees get salary raises?
Oil / Gas / Energy / Mining
Oil / Gas / Energy / Mining professionals in Argentina are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Argentina / 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 2022
| 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 Argentina for the year 2022. 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
Oil / Gas / Energy / Mining Bonus and Incentive Rates in Argentina
How much and how often are bonuses being awarded?
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Oil / Gas / Energy / Mining is considered to be a moderate bonus-based field 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.
51% of surveyed staff in Oil / Gas / Energy / Mining reported that they haven't received any bonuses or incentives in the previous year while 49% 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 | 49% | |
| No Bonus | 51% |
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.
Oil / Gas / Energy / Mining Hourly Average Wage in Buenos Aires
270 ARS per hourThe average hourly wage (pay per hour) in Buenos Aires is 270 ARS. This means that the average person in Buenos Aires earns approximately 270 ARS 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.
Oil / Gas / Energy / Mining VS Other Jobs
The average salary for Oil / Gas / Energy / Mining is 10% less than that of All Jobs.
Buenos Aires VS Argentina
Salary Comparison By City
| City | Average Salary |
| Avellaneda | 41,000 ARS |
| Bahia Blanca | 43,600 ARS |
| Buenos Aires | 46,800 ARS |
| Cordoba | 46,400 ARS |
| Corrientes | 44,000 ARS |
| La Plata | 45,700 ARS |
| Lanus | 41,600 ARS |
| Mar del Plata | 45,400 ARS |
| Mendoza | 40,100 ARS |
| Neuquen | 42,200 ARS |
| Quilmes | 42,000 ARS |
| Resistencia | 43,000 ARS |
| Rosario | 46,100 ARS |
| Salta | 44,600 ARS |
| San Juan | 39,900 ARS |
| San Miguel de Tucuman | 44,900 ARS |
| Santa Fe | 44,200 ARS |
| Santiago del Estero | 42,600 ARS |
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 Argentina earn 7% more than their private sector counterparts on average across all sectors.
| Private Sector | 43,600 ARS | |
| Public Sector | +7% | 46,400 ARS |
