A person working as a Drilling Engineer in Ecuador typically earns around 1,150 USD per month. Salaries range from 530 USD (lowest) to 1,840 USD (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 Ecuador range from 530 USD per month (minimum salary) to 1,840 USD per month (maximum salary).
The median salary is 1,250 USD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 1,250 USD while the other half are earning more than 1,250 USD. 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 800 USD while 75% of them are earning more than 800 USD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 1,670 USD while 25% are earning more than 1,670 USD.
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 600 USD per month.
While someone with an experience level between two and five years is expected to earn 810 USD per month, 33% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 1,190 USD 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 1,450 USD 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 1,580 USD 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 1,710 USD per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+33%|
|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 690 USD per month.
While someone with a Bachelor's Degree gets a salary of 1,080 USD per month, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 1,810 USD 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 Ecuador costs anywhere from 6,810 US Dollar(s) to 20,400 US Dollar(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 Ecuador earn 10% more than their female counterparts on average.
Drilling Engineer(s) in Ecuador are likely to observe a salary increase of approximately 10% every 19 months. The national average annual increment for all professions combined is 7% granted to employees every 19 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 Ecuador 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.
69% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 31% 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 0% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||1,090 USD||-6%|
|Assembly Engineering Technician||900 USD||-22%|
|Assistant Chief Engineer||1,260 USD||+9%|
|Associate Engineer||1,020 USD||-12%|
|Autocad Operator||730 USD||-37%|
|Automation Engineer||1,250 USD||+8%|
|Avionic System Support Engineer||1,130 USD||-2%|
|Biochemical Engineer||1,100 USD||-5%|
|BMS Engineer||1,050 USD||-9%|
|Bridge and Lock Tender||620 USD||-46%|
|Broadcast Engineer||1,130 USD||-2%|
|CAD Design Engineer||1,200 USD||+4%|
|CAD Designer||770 USD||-33%|
|CAE Engineer||1,150 USD||-0%|
|Ceramics Engineer||1,100 USD||-5%|
|Civil Engineer||1,190 USD||+3%|
|Commissioning Engineer||1,160 USD||+0%|
|Communications Engineer||1,320 USD||+14%|
|Condition Monitoring Engineer||970 USD||-16%|
|Contract Associate Engineer||1,120 USD||-3%|
|Control Systems Engineer||1,160 USD||+0%|
|Controls Engineer||1,150 USD||-0%|
|Controls Software Engineer||1,000 USD||-13%|
|Corrosion Engineer||1,070 USD||-7%|
|Design Engineer||1,260 USD||+9%|
|Drafting Manager||1,390 USD||+20%|
|Drilling Engineer||1,150 USD||-0%|
|Electrical Draughtsman||610 USD||-47%|
|Electrical Engineer||1,260 USD||+9%|
|Electrical Engineering Manager||1,750 USD||+52%|
|Electromechanical Engineering Technologist||1,240 USD||+7%|
|Electromechanical Equipment Assembler||650 USD||-44%|
|Energy Engineer||1,280 USD||+11%|
|Engine Assembler||510 USD||-56%|
|Engineering Account Manager||1,320 USD||+14%|
|Engineering Chief Designer||1,320 USD||+14%|
|Engineering Consultant||1,580 USD||+37%|
|Engineering Key Account Manager||1,630 USD||+41%|
|Engineering Lab Technician||1,090 USD||-6%|
|Engineering Planning Manager||1,670 USD||+45%|
|Engineering Production Manager||2,000 USD||+73%|
|Engineering Project Analyst||1,330 USD||+15%|
|Engineering Project Coordinator||1,390 USD||+20%|
|Engineering Project Director||2,370 USD||+110%|
|Engineering Project Manager||1,720 USD||+49%|
|Engineering Research and Development Manager||1,830 USD||+58%|
|Engineering Safety Coordinator||900 USD||-22%|
|Engineering Sales Manager||1,580 USD||+37%|
|Engineering Technician||950 USD||-18%|
|Engineering Technologist||930 USD||-19%|
|Environmental Engineer||1,110 USD||-4%|
|Equipment Engineer||1,100 USD||-5%|
|Equipment Engineering Manager||1,530 USD||+32%|
|Fabrication Specialist||820 USD||-29%|
|Facade Engineer||1,160 USD||+0%|
|Fiber Analyst||710 USD||-39%|
|Field Engineer||1,290 USD||+12%|
|Field Engineering Manager||2,020 USD||+75%|
|Fire Engineer||1,240 USD||+7%|
|Fitter and Turner||380 USD||-67%|
|Forestry Strategic Planner||1,440 USD||+25%|
|Generation Engineer||1,200 USD||+4%|
|Genetic Engineer||1,360 USD||+18%|
|Geological Engineer||1,180 USD||+2%|
|Geotechnical Engineer||1,220 USD||+6%|
|Heavy Equipment Mechanic||660 USD||-43%|
|Highway Engineer||1,220 USD||+6%|
|HSE Professional||1,110 USD||-4%|
|HVAC Engineer||1,260 USD||+9%|
|HVAC Supervisor||1,120 USD||-3%|
|Industrial Engineer||1,090 USD||-6%|
|Industrial Engineering Technologist||1,090 USD||-6%|
|Instrument Engineer||1,170 USD||+1%|
|Instrumentation and Control Engineer||1,200 USD||+4%|
|Instrumentation Engineer||1,230 USD||+6%|
|Instrumentation Manager||1,110 USD||-4%|
|Irrigation Engineer||1,180 USD||+2%|
|Licensed Aircraft Engineer||1,320 USD||+14%|
|Locomotive Engineer||1,180 USD||+2%|
|Maintenance Engineer||1,090 USD||-6%|
|Maintenance Fitter||410 USD||-65%|
|Maintenance Manager||1,200 USD||+4%|
|Manufacturing Engineer||1,200 USD||+4%|
|Marine Engineer||1,200 USD||+4%|
|Materials Engineer||1,130 USD||-2%|
|Materials Researcher||1,110 USD||-4%|
|Materials Technician||900 USD||-22%|
|Mechanical and Electrical Engineer||1,250 USD||+8%|
|Mechanical Design Engineer||1,200 USD||+4%|
|Mechanical Designer||1,040 USD||-10%|
|Mechanical Engineer||1,310 USD||+13%|
|Mechanical Engineering Manager||1,660 USD||+44%|
|Mechanical Inspector||1,100 USD||-5%|
|Mechatronics Engineer||1,300 USD||+13%|
|Mining Engineer||1,210 USD||+5%|
|Oil and Petrochemical Engineer||1,320 USD||+14%|
|Optical Engineer||1,190 USD||+3%|
|Optical Instrument Assembler||600 USD||-48%|
|PCB Assembler||410 USD||-65%|
|Photonics Engineer||1,340 USD||+16%|
|Photonics Technician||1,050 USD||-9%|
|Pipeline Engineer||1,050 USD||-9%|
|Piping Designer||660 USD||-43%|
|Piping Engineer||1,080 USD||-6%|
|Planning Engineer||1,250 USD||+8%|
|Pressure Vessel Inspector||580 USD||-50%|
|Principal Cost Engineer||1,170 USD||+1%|
|Principal Engineer||1,200 USD||+4%|
|Principal Support Engineer||1,160 USD||+0%|
|Process Engineer||1,160 USD||+0%|
|Process Operator||670 USD||-42%|
|Product Development Engineer||1,170 USD||+1%|
|Product Development Technician||840 USD||-27%|
|Product Engineer||1,250 USD||+8%|
|Product Safety Engineer||1,170 USD||+1%|
|Production Engineer||1,230 USD||+6%|
|Project Engineer||1,220 USD||+6%|
|Proposal Manager||1,500 USD||+30%|
|Purchasing Engineer||1,110 USD||-4%|
|Quality Assurance Engineer||1,220 USD||+6%|
|Rail Engineer||1,200 USD||+4%|
|Robotics Engineer||1,390 USD||+20%|
|Robotics Technician||970 USD||-16%|
|Safety Engineer||1,140 USD||-1%|
|Safety Inspector||930 USD||-19%|
|Safety Manager||1,420 USD||+23%|
|Safety Officer||620 USD||-46%|
|Sales Engineer||1,260 USD||+9%|
|Scheduling Engineer||1,080 USD||-6%|
|Service Engineer||1,270 USD||+10%|
|Solar Engineer||1,280 USD||+11%|
|Staff Engineer||1,220 USD||+6%|
|Static Equipment Engineer||1,150 USD||-0%|
|Stationary Engineer||1,050 USD||-9%|
|Stress Engineer||1,130 USD||-2%|
|Structural Analysis Engineer||1,150 USD||-0%|
|Structural Designer||1,040 USD||-10%|
|Structural Engineer||1,110 USD||-4%|
|Structural Technician||770 USD||-33%|
|Supply Chain Specialist||1,140 USD||-1%|
|Technical Affairs Officer||620 USD||-46%|
|Technical Assistant||610 USD||-47%|
|Technical Engineer||990 USD||-14%|
|Technical Support Engineer||970 USD||-16%|
|Tender Engineer||1,100 USD||-5%|
|Test Development Engineer||1,120 USD||-3%|
|Transportation Engineer||1,150 USD||-0%|
|Validation Engineer||1,090 USD||-6%|
|Verification Engineer||1,070 USD||-7%|
|Wastewater Engineer||1,160 USD||+0%|
|Wind Energy Engineer||1,250 USD||+8%|
|Wind Energy Operations Manager||1,570 USD||+36%|
|Work Planner||850 USD||-26%|
|Santo Domingo||1,180 USD|
Where can you get paid more, working for a private company or for the government? Public sector employees in Ecuador earn 13% more than their private sector counterparts on average across all sectors.