A person working as a Petroleum Geologist in Czech Republic typically earns around 100,000 CZK per month. Salaries range from 46,000 CZK (lowest) to 159,000 CZK (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 Czech Republic range from 46,000 CZK per month (minimum salary) to 159,000 CZK per month (maximum salary).
The median salary is 108,000 CZK per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 108,000 CZK while the other half are earning more than 108,000 CZK. 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 69,400 CZK while 75% of them are earning more than 69,400 CZK. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 144,000 CZK while 25% are earning more than 144,000 CZK.
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 52,300 CZK per month.
While someone with an experience level between two and five years is expected to earn 69,800 CZK 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 103,000 CZK per month, 48% 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 126,000 CZK 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 137,000 CZK 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 148,000 CZK 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 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 59,600 CZK per month.
While someone with a Master's Degree gets a salary of 93,500 CZK per month, 57% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 157,000 CZK per month, 68% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Czech Republic costs anywhere from 305,000 Czech Koruna(s) to 914,000 Czech Koruna(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 Czech Republic earn 8% more than their female counterparts on average.
Petroleum Geologist(s) in Czech Republic are likely to observe a salary increase of approximately 13% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 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 Czech Republic 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 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.
40% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 60% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% 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||52,400 CZK||-48%|
|Associate Analyst||62,100 CZK||-38%|
|Associate Landman||26,100 CZK||-74%|
|Auxiliary Equipment Operator||22,900 CZK||-77%|
|Biomass Plant Technician||27,400 CZK||-73%|
|Biomass Power Plant Manager||75,300 CZK||-25%|
|Chemical Plant Operator||43,600 CZK||-56%|
|Chief Contract Compliance Engineer||56,700 CZK||-43%|
|Completions Engineer||52,800 CZK||-47%|
|Cost Controller||38,300 CZK||-62%|
|Crude Oil Marketing Representative||60,800 CZK||-39%|
|Distribution Manager||78,900 CZK||-21%|
|Dragline Operator||24,900 CZK||-75%|
|Driller Offsider||18,900 CZK||-81%|
|Dump Truck Driver||21,300 CZK||-79%|
|Electric and Gas Operations Manager||120,000 CZK||+20%|
|Energy Advisor||81,800 CZK||-18%|
|Energy Analyst||78,600 CZK||-21%|
|Energy Auditor||66,300 CZK||-34%|
|Energy Dispatch Director||96,100 CZK||-4%|
|Energy Technical Assistant||34,200 CZK||-66%|
|Energy Technical Manager||66,600 CZK||-33%|
|Energy Technical Trainer||49,700 CZK||-50%|
|Exploration Manager||93,300 CZK||-7%|
|Field Safety Auditor||59,600 CZK||-40%|
|Fluids Engineer||55,000 CZK||-45%|
|Fuel Cell Engineer||60,800 CZK||-39%|
|Fuel Cell Technician||27,800 CZK||-72%|
|Fuels Handler||26,300 CZK||-74%|
|Gas Compressor Operator||25,200 CZK||-75%|
|Gas Distribution Plant Operator||44,800 CZK||-55%|
|Gas Supply Manager||82,300 CZK||-18%|
|Geothermal Production Manager||92,600 CZK||-7%|
|Geothermal Technician||40,100 CZK||-60%|
|HSE Engineer||57,600 CZK||-42%|
|HSE Officer||33,500 CZK||-67%|
|HSEQ Administrator||39,900 CZK||-60%|
|Instrument Designer||41,500 CZK||-59%|
|Lead Technical Field Advisor||74,400 CZK||-26%|
|Logistics and Tool Coordinator||47,100 CZK||-53%|
|Maintenance Engineer||55,500 CZK||-45%|
|Maintenance Superintendent||48,100 CZK||-52%|
|Material Controller||38,300 CZK||-62%|
|Mine Engineer||53,100 CZK||-47%|
|Mine Surveyor||61,000 CZK||-39%|
|Mining Project Administrator||49,600 CZK||-50%|
|Mining Project Assistant||38,400 CZK||-62%|
|Mining Project Controls Consultant||64,200 CZK||-36%|
|Mining Project Coordinator||48,200 CZK||-52%|
|Mining Project Engineer||54,300 CZK||-46%|
|Mining Project Manager||69,800 CZK||-30%|
|Mining Site Manager||70,900 CZK||-29%|
|Mining Team Leader||59,400 CZK||-41%|
|NDT Technician||34,000 CZK||-66%|
|Oil Service Unit Operator||29,200 CZK||-71%|
|Oil Trader||68,200 CZK||-32%|
|Oilwell Pumper||19,700 CZK||-80%|
|Petroleum Engineer||64,600 CZK||-35%|
|Petroleum Geologist||100,000 CZK||-0%|
|Petroleum Pump System Operator||31,800 CZK||-68%|
|Pipeline Technician||20,500 CZK||-80%|
|Power Coordinator||35,200 CZK||-65%|
|Power Plant Operations Manager||111,000 CZK||+11%|
|Power Plant Operator||44,700 CZK||-55%|
|Radio Operator||25,200 CZK||-75%|
|Reliability Engineer||55,800 CZK||-44%|
|Reservoir Engineer||52,300 CZK||-48%|
|Risk Analyst||66,600 CZK||-33%|
|Shutdown Engineer||45,300 CZK||-55%|
|Solar Energy Installation Manager||84,200 CZK||-16%|
|Solar Energy Systems Engineer||56,800 CZK||-43%|
|Solar Photovoltaic Installer||34,300 CZK||-66%|
|Solar Thermal Technician||34,500 CZK||-66%|
|Supply Operations Manager||87,400 CZK||-13%|
|Sustainability Specialist||88,900 CZK||-11%|
|System Development Advisor||64,200 CZK||-36%|
|Tanker Truck Driver||22,100 CZK||-78%|
|Utility Operator||29,900 CZK||-70%|
|Wind Energy Project Manager||74,500 CZK||-26%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Czech Republic earn 7% more than their private sector counterparts on average across all sectors.