A person working as a Geologist in Ghana typically earns around 7,960 GHS per month. Salaries range from 4,140 GHS (lowest) to 12,200 GHS (highest).
This is the average monthly salary including housing, transport, and other benefits. Geologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Geologist salaries in Ghana range from 4,140 GHS per month (minimum salary) to 12,200 GHS per month (maximum salary).
The median salary is 7,640 GHS per month, which means that half (50%) of people working as Geologist(s) are earning less than 7,640 GHS while the other half are earning more than 7,640 GHS. 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 Geologist(s) are earning less than 5,300 GHS while 75% of them are earning more than 5,300 GHS. Also from the diagram, 75% of Geologist(s) are earning less than 9,510 GHS while 25% are earning more than 9,510 GHS.
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 Geologist salaries by experience level and this is what we found.
A Geologist with less than two years of experience makes approximately 4,700 GHS per month.
While someone with an experience level between two and five years is expected to earn 6,310 GHS 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 8,200 GHS per month, 30% more than someone with two to five years of experience.
Additionally, Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 9,930 GHS 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 10,900 GHS 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 11,400 GHS 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 Geologist salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Geologist is 6,070 GHS per month.
While someone with a Master's Degree gets a salary of 7,520 GHS per month, 24% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 12,000 GHS per month, 60% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Ghana costs anywhere from 25,300 Cedi(s) to 76,000 Cedi(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 Geologist employees in Ghana earn 9% more than their female counterparts on average.
Geologist(s) in Ghana are likely to observe a salary increase of approximately 13% every 19 months. The national average annual increment for all professions combined is 8% 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 Ghana 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 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.
49% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 51% 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 Geologist is 74% 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||4,250 GHS||-47%|
|Associate Analyst||4,680 GHS||-41%|
|Associate Landman||1,960 GHS||-75%|
|Auxiliary Equipment Operator||1,910 GHS||-76%|
|Biomass Plant Technician||2,120 GHS||-73%|
|Biomass Power Plant Manager||6,590 GHS||-17%|
|Chemical Plant Operator||3,720 GHS||-53%|
|Chief Contract Compliance Engineer||4,840 GHS||-39%|
|Completions Engineer||4,290 GHS||-46%|
|Cost Controller||3,270 GHS||-59%|
|Crude Oil Marketing Representative||4,940 GHS||-38%|
|Distribution Manager||6,100 GHS||-23%|
|Dragline Operator||2,020 GHS||-75%|
|Driller Offsider||1,580 GHS||-80%|
|Dump Truck Driver||1,820 GHS||-77%|
|Electric and Gas Operations Manager||10,000 GHS||+26%|
|Energy Advisor||6,820 GHS||-14%|
|Energy Analyst||6,070 GHS||-24%|
|Energy Auditor||5,810 GHS||-27%|
|Energy Dispatch Director||7,420 GHS||-7%|
|Energy Technical Assistant||2,710 GHS||-66%|
|Energy Technical Manager||5,400 GHS||-32%|
|Energy Technical Trainer||4,040 GHS||-49%|
|Exploration Manager||8,160 GHS||+3%|
|Field Safety Auditor||5,220 GHS||-34%|
|Fluids Engineer||4,250 GHS||-47%|
|Fuel Cell Engineer||4,700 GHS||-41%|
|Fuel Cell Technician||2,200 GHS||-72%|
|Fuels Handler||2,140 GHS||-73%|
|Gas Compressor Operator||1,900 GHS||-76%|
|Gas Distribution Plant Operator||3,820 GHS||-52%|
|Gas Supply Manager||6,850 GHS||-14%|
|Geothermal Production Manager||7,900 GHS||-1%|
|Geothermal Technician||3,180 GHS||-60%|
|HSE Engineer||4,560 GHS||-43%|
|HSE Officer||2,720 GHS||-66%|
|HSEQ Administrator||3,240 GHS||-59%|
|Instrument Designer||3,630 GHS||-54%|
|Lead Technical Field Advisor||6,050 GHS||-24%|
|Logistics and Tool Coordinator||4,020 GHS||-49%|
|Maintenance Engineer||4,620 GHS||-42%|
|Maintenance Superintendent||4,110 GHS||-48%|
|Material Controller||3,110 GHS||-61%|
|Mine Engineer||4,200 GHS||-47%|
|Mine Surveyor||4,710 GHS||-41%|
|Mining Project Administrator||3,930 GHS||-51%|
|Mining Project Assistant||3,270 GHS||-59%|
|Mining Project Controls Consultant||5,090 GHS||-36%|
|Mining Project Coordinator||4,010 GHS||-50%|
|Mining Project Engineer||4,510 GHS||-43%|
|Mining Project Manager||5,670 GHS||-29%|
|Mining Site Manager||6,200 GHS||-22%|
|Mining Team Leader||4,590 GHS||-42%|
|NDT Technician||2,760 GHS||-65%|
|Oil Service Unit Operator||2,310 GHS||-71%|
|Oil Trader||5,970 GHS||-25%|
|Oilwell Pumper||1,600 GHS||-80%|
|Petroleum Engineer||5,120 GHS||-36%|
|Petroleum Geologist||8,330 GHS||+5%|
|Petroleum Pump System Operator||2,580 GHS||-68%|
|Pipeline Technician||1,750 GHS||-78%|
|Power Coordinator||2,860 GHS||-64%|
|Power Plant Operations Manager||8,770 GHS||+10%|
|Power Plant Operator||3,540 GHS||-56%|
|Radio Operator||1,890 GHS||-76%|
|Reliability Engineer||4,420 GHS||-44%|
|Reservoir Engineer||4,250 GHS||-47%|
|Risk Analyst||5,550 GHS||-30%|
|Shutdown Engineer||3,870 GHS||-51%|
|Solar Energy Installation Manager||6,340 GHS||-20%|
|Solar Energy Systems Engineer||4,840 GHS||-39%|
|Solar Photovoltaic Installer||3,010 GHS||-62%|
|Solar Thermal Technician||2,810 GHS||-65%|
|Supply Operations Manager||7,280 GHS||-9%|
|Sustainability Specialist||6,860 GHS||-14%|
|System Development Advisor||5,340 GHS||-33%|
|Tanker Truck Driver||1,840 GHS||-77%|
|Utility Operator||2,430 GHS||-69%|
|Wind Energy Project Manager||6,050 GHS||-24%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Ghana earn 8% more than their private sector counterparts on average across all sectors.