A person working as a Drilling Engineer in Finland typically earns around 3,860 EUR per month. Salaries range from 1,890 EUR (lowest) to 6,020 EUR (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 Finland range from 1,890 EUR per month (minimum salary) to 6,020 EUR per month (maximum salary).
The median salary is 3,940 EUR per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 3,940 EUR while the other half are earning more than 3,940 EUR. 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 2,620 EUR while 75% of them are earning more than 2,620 EUR. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 5,080 EUR while 25% are earning more than 5,080 EUR.
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 2,240 EUR per month.
While someone with an experience level between two and five years is expected to earn 2,880 EUR 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 3,980 EUR per month, 38% 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 4,930 EUR 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 5,280 EUR 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 5,630 EUR per month, 7% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
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 2,880 EUR per month.
While someone with a Bachelor's Degree gets a salary of 3,870 EUR per month, 34% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 5,940 EUR per month, 53% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Finland costs anywhere from 23,400 Euro(s) to 70,300 Euro(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 Finland earn 4% more than their female counterparts on average.
Drilling Engineer(s) in Finland are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 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 Finland 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.
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.
68% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 32% 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 2% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||3,690 EUR||-4%|
|Assembly Engineering Technician||3,160 EUR||-18%|
|Assistant Chief Engineer||4,470 EUR||+16%|
|Associate Engineer||3,520 EUR||-9%|
|Autocad Operator||2,570 EUR||-33%|
|Automation Engineer||4,340 EUR||+12%|
|Avionic System Support Engineer||3,700 EUR||-4%|
|Biochemical Engineer||3,800 EUR||-2%|
|BMS Engineer||3,930 EUR||+2%|
|Bridge and Lock Tender||2,080 EUR||-46%|
|Broadcast Engineer||4,000 EUR||+4%|
|CAD Design Engineer||4,080 EUR||+6%|
|CAD Designer||2,410 EUR||-38%|
|CAE Engineer||4,130 EUR||+7%|
|Ceramics Engineer||3,550 EUR||-8%|
|Civil Engineer||4,320 EUR||+12%|
|Commissioning Engineer||4,080 EUR||+6%|
|Communications Engineer||4,300 EUR||+11%|
|Condition Monitoring Engineer||3,450 EUR||-11%|
|Contract Associate Engineer||3,870 EUR||+0%|
|Control Systems Engineer||4,020 EUR||+4%|
|Controls Engineer||4,080 EUR||+6%|
|Controls Software Engineer||3,510 EUR||-9%|
|Corrosion Engineer||3,750 EUR||-3%|
|Design Engineer||4,170 EUR||+8%|
|Drafting Manager||4,790 EUR||+24%|
|Drilling Engineer||3,860 EUR||=|
|Electrical Draughtsman||2,090 EUR||-46%|
|Electrical Engineer||4,240 EUR||+10%|
|Electrical Engineering Manager||5,970 EUR||+55%|
|Electromechanical Engineering Technologist||4,250 EUR||+10%|
|Electromechanical Equipment Assembler||2,020 EUR||-48%|
|Energy Engineer||4,230 EUR||+10%|
|Engine Assembler||1,810 EUR||-53%|
|Engineering Account Manager||4,590 EUR||+19%|
|Engineering Chief Designer||4,670 EUR||+21%|
|Engineering Consultant||5,720 EUR||+48%|
|Engineering Key Account Manager||5,980 EUR||+55%|
|Engineering Lab Technician||3,800 EUR||-2%|
|Engineering Planning Manager||5,590 EUR||+45%|
|Engineering Production Manager||7,310 EUR||+89%|
|Engineering Project Analyst||4,780 EUR||+24%|
|Engineering Project Coordinator||4,710 EUR||+22%|
|Engineering Project Director||8,580 EUR||+120%|
|Engineering Project Manager||5,740 EUR||+49%|
|Engineering Research and Development Manager||6,490 EUR||+68%|
|Engineering Safety Coordinator||2,990 EUR||-23%|
|Engineering Sales Manager||5,660 EUR||+47%|
|Engineering Technician||3,180 EUR||-18%|
|Engineering Technologist||3,220 EUR||-17%|
|Environmental Engineer||3,860 EUR||=|
|Equipment Engineer||3,860 EUR||=|
|Equipment Engineering Manager||5,440 EUR||+41%|
|Fabrication Specialist||2,720 EUR||-30%|
|Facade Engineer||4,010 EUR||+4%|
|Fiber Analyst||2,380 EUR||-38%|
|Field Engineer||4,170 EUR||+8%|
|Field Engineering Manager||6,600 EUR||+71%|
|Fire Engineer||4,040 EUR||+5%|
|Fitter and Turner||1,250 EUR||-68%|
|Forestry Strategic Planner||4,620 EUR||+20%|
|Generation Engineer||3,920 EUR||+2%|
|Genetic Engineer||4,230 EUR||+10%|
|Geological Engineer||4,280 EUR||+11%|
|Geotechnical Engineer||4,470 EUR||+16%|
|Heavy Equipment Mechanic||2,230 EUR||-42%|
|Highway Engineer||4,080 EUR||+6%|
|HSE Professional||3,900 EUR||+1%|
|HVAC Engineer||4,240 EUR||+10%|
|HVAC Supervisor||3,570 EUR||-8%|
|Industrial Engineer||3,730 EUR||-3%|
|Industrial Engineering Technologist||3,910 EUR||+1%|
|Instrument Engineer||3,990 EUR||+3%|
|Instrumentation and Control Engineer||3,890 EUR||+1%|
|Instrumentation Engineer||4,020 EUR||+4%|
|Instrumentation Manager||4,070 EUR||+5%|
|Irrigation Engineer||4,050 EUR||+5%|
|Licensed Aircraft Engineer||4,140 EUR||+7%|
|Locomotive Engineer||3,830 EUR||-1%|
|Maintenance Engineer||3,810 EUR||-1%|
|Maintenance Fitter||1,390 EUR||-64%|
|Maintenance Manager||3,940 EUR||+2%|
|Manufacturing Engineer||3,810 EUR||-1%|
|Marine Engineer||3,860 EUR||=|
|Materials Engineer||4,060 EUR||+5%|
|Materials Researcher||3,850 EUR||-0%|
|Materials Technician||2,920 EUR||-24%|
|Mechanical and Electrical Engineer||4,300 EUR||+11%|
|Mechanical Design Engineer||4,320 EUR||+12%|
|Mechanical Designer||3,400 EUR||-12%|
|Mechanical Engineer||4,290 EUR||+11%|
|Mechanical Engineering Manager||5,500 EUR||+42%|
|Mechanical Inspector||3,880 EUR||+1%|
|Mechatronics Engineer||4,180 EUR||+8%|
|Mining Engineer||3,920 EUR||+2%|
|Oil and Petrochemical Engineer||4,470 EUR||+16%|
|Optical Engineer||3,980 EUR||+3%|
|Optical Instrument Assembler||2,020 EUR||-48%|
|PCB Assembler||1,490 EUR||-61%|
|Photonics Engineer||4,440 EUR||+15%|
|Photonics Technician||3,520 EUR||-9%|
|Pipeline Engineer||3,620 EUR||-6%|
|Piping Designer||2,090 EUR||-46%|
|Piping Engineer||3,790 EUR||-2%|
|Planning Engineer||4,190 EUR||+9%|
|Pressure Vessel Inspector||1,850 EUR||-52%|
|Principal Cost Engineer||4,260 EUR||+10%|
|Principal Engineer||4,090 EUR||+6%|
|Principal Support Engineer||3,980 EUR||+3%|
|Process Engineer||3,950 EUR||+2%|
|Process Operator||2,290 EUR||-41%|
|Product Development Engineer||4,040 EUR||+5%|
|Product Development Technician||3,050 EUR||-21%|
|Product Engineer||4,350 EUR||+13%|
|Product Safety Engineer||3,640 EUR||-6%|
|Production Engineer||4,120 EUR||+7%|
|Project Engineer||4,300 EUR||+11%|
|Proposal Manager||4,960 EUR||+28%|
|Purchasing Engineer||3,790 EUR||-2%|
|Quality Assurance Engineer||3,920 EUR||+2%|
|Rail Engineer||3,880 EUR||+1%|
|Robotics Engineer||4,620 EUR||+20%|
|Robotics Technician||3,260 EUR||-16%|
|Safety Engineer||4,140 EUR||+7%|
|Safety Inspector||3,260 EUR||-16%|
|Safety Manager||4,880 EUR||+26%|
|Safety Officer||2,110 EUR||-45%|
|Sales Engineer||4,420 EUR||+15%|
|Scheduling Engineer||3,530 EUR||-9%|
|Service Engineer||4,190 EUR||+9%|
|Solar Engineer||4,370 EUR||+13%|
|Staff Engineer||3,970 EUR||+3%|
|Static Equipment Engineer||3,860 EUR||=|
|Stationary Engineer||3,680 EUR||-5%|
|Stress Engineer||3,820 EUR||-1%|
|Structural Analysis Engineer||3,920 EUR||+2%|
|Structural Designer||3,700 EUR||-4%|
|Structural Engineer||3,810 EUR||-1%|
|Structural Technician||2,690 EUR||-30%|
|Supply Chain Specialist||3,880 EUR||+1%|
|Technical Affairs Officer||2,130 EUR||-45%|
|Technical Assistant||1,970 EUR||-49%|
|Technical Engineer||3,480 EUR||-10%|
|Technical Support Engineer||3,450 EUR||-11%|
|Tender Engineer||3,670 EUR||-5%|
|Test Development Engineer||4,130 EUR||+7%|
|Transportation Engineer||3,820 EUR||-1%|
|Validation Engineer||3,510 EUR||-9%|
|Verification Engineer||3,890 EUR||+1%|
|Wastewater Engineer||4,070 EUR||+5%|
|Wind Energy Engineer||4,260 EUR||+10%|
|Wind Energy Operations Manager||5,420 EUR||+40%|
|Work Planner||2,880 EUR||-25%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Finland earn 5% more than their private sector counterparts on average across all sectors.