A person working as a Petroleum Geologist in Georgia typically earns around 10,600 GEL per month. Salaries range from 5,520 GEL (lowest) to 16,200 GEL (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 Georgia range from 5,520 GEL per month (minimum salary) to 16,200 GEL per month (maximum salary).
The median salary is 10,200 GEL per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 10,200 GEL while the other half are earning more than 10,200 GEL. 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 7,070 GEL while 75% of them are earning more than 7,070 GEL. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 12,700 GEL while 25% are earning more than 12,700 GEL.
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 6,270 GEL per month.
While someone with an experience level between two and five years is expected to earn 8,410 GEL 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 10,900 GEL per month, 30% 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 13,200 GEL 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 14,500 GEL 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 15,200 GEL per month, 5% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+30%|
|10 - 15 Years||+21%|
|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 8,090 GEL per month.
While someone with a Master's Degree gets a salary of 10,000 GEL per month, 24% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 16,000 GEL per month, 60% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Georgia costs anywhere from 33,700 Lari(s) to 101,000 Lari(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 Georgia earn 7% more than their female counterparts on average.
Petroleum Geologist(s) in Georgia are likely to observe a salary increase of approximately 10% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 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 Georgia 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 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.
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.
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 75% 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||5,690 GEL||-46%|
|Associate Analyst||6,170 GEL||-42%|
|Associate Landman||2,590 GEL||-76%|
|Auxiliary Equipment Operator||2,460 GEL||-77%|
|Biomass Plant Technician||2,890 GEL||-73%|
|Biomass Power Plant Manager||8,130 GEL||-23%|
|Chemical Plant Operator||4,730 GEL||-55%|
|Chief Contract Compliance Engineer||6,300 GEL||-41%|
|Completions Engineer||5,630 GEL||-47%|
|Cost Controller||4,290 GEL||-60%|
|Crude Oil Marketing Representative||6,350 GEL||-40%|
|Distribution Manager||8,530 GEL||-20%|
|Dragline Operator||2,850 GEL||-73%|
|Driller Offsider||2,040 GEL||-81%|
|Dump Truck Driver||2,270 GEL||-79%|
|Electric and Gas Operations Manager||13,000 GEL||+23%|
|Energy Advisor||9,440 GEL||-11%|
|Energy Analyst||8,560 GEL||-19%|
|Energy Auditor||7,400 GEL||-30%|
|Energy Dispatch Director||10,600 GEL||-0%|
|Energy Technical Assistant||3,670 GEL||-65%|
|Energy Technical Manager||7,240 GEL||-32%|
|Energy Technical Trainer||5,320 GEL||-50%|
|Exploration Manager||10,500 GEL||-1%|
|Field Safety Auditor||6,940 GEL||-35%|
|Fluids Engineer||5,940 GEL||-44%|
|Fuel Cell Engineer||6,020 GEL||-43%|
|Fuel Cell Technician||3,110 GEL||-71%|
|Fuels Handler||2,750 GEL||-74%|
|Gas Compressor Operator||2,660 GEL||-75%|
|Gas Distribution Plant Operator||4,820 GEL||-55%|
|Gas Supply Manager||8,790 GEL||-17%|
|Geothermal Production Manager||9,720 GEL||-8%|
|Geothermal Technician||4,320 GEL||-59%|
|HSE Engineer||6,190 GEL||-42%|
|HSE Officer||3,690 GEL||-65%|
|HSEQ Administrator||4,110 GEL||-61%|
|Instrument Designer||4,630 GEL||-56%|
|Lead Technical Field Advisor||7,870 GEL||-26%|
|Logistics and Tool Coordinator||5,010 GEL||-53%|
|Maintenance Engineer||6,270 GEL||-41%|
|Maintenance Superintendent||5,520 GEL||-48%|
|Material Controller||3,880 GEL||-63%|
|Mine Engineer||5,940 GEL||-44%|
|Mine Surveyor||6,640 GEL||-37%|
|Mining Project Administrator||5,210 GEL||-51%|
|Mining Project Assistant||4,320 GEL||-59%|
|Mining Project Controls Consultant||6,690 GEL||-37%|
|Mining Project Coordinator||5,210 GEL||-51%|
|Mining Project Engineer||5,820 GEL||-45%|
|Mining Project Manager||7,250 GEL||-32%|
|Mining Site Manager||7,660 GEL||-28%|
|Mining Team Leader||6,270 GEL||-41%|
|NDT Technician||3,620 GEL||-66%|
|Oil Service Unit Operator||3,020 GEL||-72%|
|Oil Trader||7,950 GEL||-25%|
|Oilwell Pumper||2,260 GEL||-79%|
|Petroleum Engineer||6,660 GEL||-37%|
|Petroleum Geologist||10,600 GEL||-0%|
|Petroleum Pump System Operator||3,210 GEL||-70%|
|Pipeline Technician||2,220 GEL||-79%|
|Power Coordinator||3,520 GEL||-67%|
|Power Plant Operations Manager||11,100 GEL||+5%|
|Power Plant Operator||4,730 GEL||-55%|
|Radio Operator||2,500 GEL||-76%|
|Reliability Engineer||5,670 GEL||-47%|
|Reservoir Engineer||5,470 GEL||-48%|
|Risk Analyst||7,530 GEL||-29%|
|Shutdown Engineer||4,820 GEL||-55%|
|Solar Energy Installation Manager||8,860 GEL||-17%|
|Solar Energy Systems Engineer||6,110 GEL||-42%|
|Solar Photovoltaic Installer||3,780 GEL||-64%|
|Solar Thermal Technician||3,520 GEL||-67%|
|Supply Operations Manager||9,650 GEL||-9%|
|Sustainability Specialist||9,260 GEL||-13%|
|System Development Advisor||6,890 GEL||-35%|
|Tanker Truck Driver||2,270 GEL||-79%|
|Utility Operator||3,180 GEL||-70%|
|Wind Energy Project Manager||8,370 GEL||-21%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Georgia earn 17% more than their private sector counterparts on average across all sectors.