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Oil / Gas / Energy / Mining Average Salaries in Gibraltar 2020

How much money does a person working in Oil / Gas / Energy / Mining make in Gibraltar?


Average Yearly Salary
36,600 GIP
( 3,050 GIP monthly)

LOW
13,300
GIP
AVERAGE
36,600
GIP
HIGH
84,600
GIP

A person working in Oil / Gas / Energy / Mining in Gibraltar typically earns around 36,600 GIP per year. Salaries range from 13,300 GIP (lowest average) to 84,600 GIP (highest average, actual maximum salary is higher).

This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different Oil / Gas / Energy / Mining careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Yard Manager35,700 GIP
Associate Analyst37,600 GIP
Associate Landman15,800 GIP
Auxiliary Equipment Operator14,000 GIP
Biomass Plant Technician17,600 GIP
Biomass Power Plant Manager49,600 GIP
Chemical Plant Operator29,000 GIP
Chief Contract Compliance Engineer37,300 GIP
Completions Engineer34,600 GIP
Cost Controller25,100 GIP
Crude Oil Marketing Representative38,300 GIP
Dispatcher15,000 GIP
Distribution Manager50,100 GIP
Dragline Operator17,400 GIP
Driller Offsider13,400 GIP
Dump Truck Driver13,600 GIP
Electric and Gas Operations Manager85,500 GIP
Energy Advisor53,500 GIP
Energy Analyst49,600 GIP
Energy Auditor43,000 GIP
Energy Dispatch Director63,400 GIP
Energy Technical Assistant22,600 GIP
Energy Technical Manager45,300 GIP
Energy Technical Trainer30,900 GIP
Exploration Manager63,300 GIP
Field Safety Auditor39,800 GIP
Fluids Engineer34,900 GIP
Fuel Cell Engineer36,500 GIP
Fuel Cell Technician18,900 GIP
Fuels Handler16,600 GIP
Gas Compressor Operator16,400 GIP
Gas Distribution Plant Operator29,900 GIP
Gas Supply Manager53,100 GIP
Geologist61,700 GIP
Geophysicist68,600 GIP
Geothermal Production Manager62,600 GIP
Geothermal Technician25,200 GIP
HSE Engineer36,200 GIP
HSE Officer21,600 GIP
HSEQ Administrator26,500 GIP
Inspector33,700 GIP
Instructor30,600 GIP
Instrument Designer26,900 GIP
Lead Technical Field Advisor48,900 GIP
Logistics and Tool Coordinator30,100 GIP
Maintenance Engineer34,800 GIP
Maintenance Superintendent31,100 GIP
Material Controller24,500 GIP
Mine Engineer36,100 GIP
Mine Surveyor38,500 GIP
Mining Project Administrator31,500 GIP
Mining Project Assistant26,300 GIP
Mining Project Controls Consultant41,000 GIP
Mining Project Coordinator32,500 GIP
Mining Project Engineer33,200 GIP
Mining Project Manager46,300 GIP
Mining Site Manager46,700 GIP
Mining Team Leader38,200 GIP
NDT Technician22,200 GIP
Oil Service Unit Operator19,600 GIP
Oil Trader45,500 GIP
Oilwell Pumper13,800 GIP
Petroleum Engineer 39,500 GIP
Petroleum Geologist64,900 GIP
Petroleum Pump System Operator20,300 GIP
Pipeline Technician13,600 GIP
Power Coordinator21,600 GIP
Power Plant Operations Manager68,400 GIP
Power Plant Operator28,300 GIP
Radio Operator15,200 GIP
Reliability Engineer36,000 GIP
Reservoir Engineer32,900 GIP
Risk Analyst41,800 GIP
Roughneck36,000 GIP
Scaffolder22,300 GIP
Shutdown Engineer29,000 GIP
Solar Energy Installation Manager54,800 GIP
Solar Energy Systems Engineer37,900 GIP
Solar Photovoltaic Installer23,600 GIP
Solar Thermal Technician22,000 GIP
Supply Operations Manager61,300 GIP
Sustainability Specialist54,600 GIP
System Development Advisor39,300 GIP
Tanker Truck Driver14,600 GIP
Utility Operator19,600 GIP
Wind Energy Project Manager50,000 GIP

Oil / Gas / Energy / Mining Jobs Salary Distribution in Gibraltar

Median and salary distribution yearly Gibraltar Oil  / Gas / Energy / Mining
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The median, the maximum, the minimum, and the range

  • Salary Range

    Oil / Gas / Energy / Mining salaries in Gibraltar range from 13,300 GIP per year (minimum average salary) to 84,600 GIP per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 37,300 GIP per year, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 37,300 GIP while the other half are earning more than 37,300 GIP. 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Oil / Gas / Energy / Mining are earning less than 22,800 GIP while 75% of them are earning more than 22,800 GIP. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 62,100 GIP while 25% are earning more than 62,100 GIP.


What is the difference between the median and the average salary?

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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Gibraltar costs anywhere from 16,900 Gibraltar Pound(s) to 50,700 Gibraltar Pound(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Oil / Gas / Energy / Mining Salary Comparison By Gender

Salary comparison by gender yearly Gibraltar Oil  / Gas / Energy / Mining
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Gibraltar who work in Oil / Gas / Energy / Mining earn 11% more than their female counterparts on average.

Male
38,100 GIP
Female-10%
34,200 GIP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Gibraltar for all Careers

Salary comparison by gender yearly Gibraltar
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Oil / Gas / Energy / Mining Average Annual Salary Increment Percentage in Gibraltar

How much are annual salary increments in Gibraltar for Oil / Gas / Energy / Mining professionals? How often do employees get salary raises?

Oil / Gas / Energy / Mining

Oil / Gas / Energy / Mining professionals in Gibraltar are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Gibraltar Oil  / Gas / Energy / Mining
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Gibraltar / All Professions

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.

How to calculate the salary increment percentage?

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

The average salary increase in one year (12 months) in Gibraltar is 2%.

Annual Increment Rate By Industry 2019

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Listed above are the average annual increase rates for each industry in Gibraltar for the year 2019. 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.


Worldwide Salary Raises: All Countries and All Jobs

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Oil / Gas / Energy / Mining Bonus and Incentive Rates in Gibraltar

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Gibraltar Oil  / Gas / Energy / Mining
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Oil / Gas / Energy / Mining is considered to be a moderate bonus-based field 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.

64% of surveyed staff in Oil / Gas / Energy / Mining reported that they haven't received any bonuses or incentives in the previous year while 36% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
36%
No Bonus
64%

Types of Bonuses Considered

Individual Performance-Based Bonuses

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.

Bonuses Are Not Commissions!

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.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

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.

Oil / Gas / Energy / Mining Hourly Average Wage in Gibraltar


18 GIP per hour

The average hourly wage (pay per hour) in Gibraltar is 18 GIP. This means that the average person in Gibraltar earns approximately 18 GIP for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Oil / Gas / Energy / Mining VS Other Jobs

Salary Comparison Between Oil  / Gas / Energy / Mining and Oil  / Gas / Energy / Mining yearly Gibraltar
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The average salary for Oil / Gas / Energy / Mining is 10% less than that of All Jobs.

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Gibraltar earn 18% more than their private sector counterparts on average across all sectors.

Private Sector
36,500 GIP
Public Sector+18%
43,000 GIP
Percentage increase and decrease are relative to the previous value

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