Drilling Engineer Average Salary in Guatemala 2021
How much money does a Drilling Engineer make in Guatemala?
LOW
4,540
GTQ AVERAGE
8,730
GTQ HIGH
13,400
GTQ
A person working as a Drilling Engineer in Guatemala typically earns around 8,730 GTQ per month. Salaries range from 4,540 GTQ (lowest) to 13,400 GTQ (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 Salary Distribution in Guatemala
The median, the maximum, the minimum, and the range
Salary Range
Drilling Engineer salaries in Guatemala range from 4,540 GTQ per month (minimum salary) to 13,400 GTQ per month (maximum salary).
Median Salary
The median salary is 8,380 GTQ per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 8,380 GTQ while the other half are earning more than 8,380 GTQ. 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 Drilling Engineer(s) are earning less than 5,810 GTQ while 75% of them are earning more than 5,810 GTQ. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 10,400 GTQ while 25% are earning more than 10,400 GTQ.
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
Drilling Engineer Salary Comparison by Years of Experience
How does experience and age affect your pay?
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 5,160 GTQ per month.
While someone with an experience level between two and five years is expected to earn 6,920 GTQ 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 8,990 GTQ per month, 30% 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 10,900 GTQ 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 11,900 GTQ 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 12,500 GTQ per month, 5% more than people with fifteen to twenty years of experience.
Drilling Engineer average salary change by experience in Guatemala
| 0 - 2 Years | 5,160 GTQ | |
| 2 - 5 Years | +34% | 6,920 GTQ |
| 5 - 10 Years | +30% | 8,990 GTQ |
| 10 - 15 Years | +21% | 10,900 GTQ |
| 15 - 20 Years | +9% | 11,900 GTQ |
| 20+ Years | +5% | 12,500 GTQ |
Typical Salary Progress for Most Careers
Drilling Engineer Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Drilling Engineer(s) who have the same experience but different education levels.
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 6,130 GTQ per month.
While someone with a Bachelor's Degree gets a salary of 9,300 GTQ per month, 52% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 13,200 GTQ per month, 42% more than someone with a Bachelor's Degree.
Drilling Engineer average salary difference by education level in Guatemala
| Certificate or Diploma | 6,130 GTQ | |
| Bachelor's Degree | +52% | 9,300 GTQ |
| Master's Degree | +42% | 13,200 GTQ |
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 Guatemala costs anywhere from 52,400 Quetzal(s) to 157,000 Quetzal(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.
Typical Salary Difference by Education for Most Careers
Drilling Engineer Salary Comparison By Gender
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 Guatemala earn 10% more than their female counterparts on average.
| Male | 9,240 GTQ | |
| Female | -9% | 8,390 GTQ |
Salary Comparison By Gender in Guatemala for all Careers
Drilling Engineer Average Annual Salary Increment Percentage in Guatemala
How much are annual salary increments in Guatemala for Drilling Engineer(s)? How often do employees get salary raises?
Drilling Engineer
Drilling Engineer(s) in Guatemala 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.
Guatemala / 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
Annual Increment Rate By Industry 2020
| Banking | 8% | |
| Energy | 7% | |
| Information Technology | 6% | |
| Healthcare | 5% | |
| Travel | 4% | |
| Construction | 3% | |
| Education | 2% |
Listed above are the average annual increase rates for each industry in Guatemala 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.
Worldwide Salary Raises: All Countries and All Jobs
Drilling Engineer Bonus and Incentive Rates in Guatemala
How much and how often are bonuses being awarded?
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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.
75% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 25% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
| Received Bonus | 25% | |
| No Bonus | 75% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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.
Drilling Engineer Average Hourly Wage in Guatemala
50 GTQ per hourThe average hourly wage (pay per hour) in Guatemala is 50 GTQ. This means that the average Drilling Engineer in Guatemala earns approximately 50 GTQ for every worked hour.
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.
Drilling Engineer VS Other Jobs
The average salary for Drilling Engineer is 1% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Acoustics Engineer | 8,480 GTQ |  -3% |
| Assembly Engineering Technician | 6,600 GTQ | -24% |
| Assistant Chief Engineer | 9,460 GTQ |  +8% |
| Associate Engineer | 7,860 GTQ | -10% |
| Autocad Operator | 5,370 GTQ | -38% |
| Automation Engineer | 9,730 GTQ | +11% |
| Avionic System Support Engineer | 8,600 GTQ | -1% |
| Biochemical Engineer | 8,320 GTQ | -5% |
| BMS Engineer | 8,010 GTQ | -8% |
| Bridge and Lock Tender | 4,910 GTQ | -44% |
| Broadcast Engineer | 8,840 GTQ | +1% |
| CAD Design Engineer | 9,520 GTQ | +9% |
| CAD Designer | 5,710 GTQ | -35% |
| CAE Engineer | 8,570 GTQ | -2% |
| Ceramics Engineer | 8,460 GTQ | -3% |
| Civil Engineer | 9,460 GTQ | +8% |
| Commissioning Engineer | 8,860 GTQ | +2% |
| Communications Engineer | 9,650 GTQ | +11% |
| Condition Monitoring Engineer | 7,310 GTQ | -16% |
| Contract Associate Engineer | 8,480 GTQ | -3% |
| Control Systems Engineer | 8,600 GTQ | -1% |
| Controls Engineer | 8,490 GTQ | -3% |
| Controls Software Engineer | 7,620 GTQ | -13% |
| Corrosion Engineer | 7,830 GTQ | -10% |
| Design Engineer | 9,280 GTQ | +6% |
| Drafter | 5,440 GTQ | -38% |
| Drafting Manager | 9,880 GTQ | +13% |
| Drilling Engineer | 8,730 GTQ | +0% |
| Electrical Draughtsman | 4,320 GTQ | -51% |
| Electrical Engineer | 9,760 GTQ | +12% |
| Electrical Engineering Manager | 12,600 GTQ | +44% |
| Electromechanical Engineering Technologist | 9,910 GTQ | +14% |
| Electromechanical Equipment Assembler | 4,780 GTQ | -45% |
| Energy Engineer | 9,230 GTQ | +6% |
| Engine Assembler | 3,920 GTQ | -55% |
| Engineer | 9,180 GTQ | +5% |
| Engineering Account Manager | 10,400 GTQ | +19% |
| Engineering Chief Designer | 10,500 GTQ | +20% |
| Engineering Consultant | 11,600 GTQ | +33% |
| Engineering Key Account Manager | 12,500 GTQ | +43% |
| Engineering Lab Technician | 8,640 GTQ | -1% |
| Engineering Planning Manager | 12,900 GTQ | +48% |
| Engineering Production Manager | 15,000 GTQ | +72% |
| Engineering Project Analyst | 10,300 GTQ | +18% |
| Engineering Project Coordinator | 9,770 GTQ | +12% |
| Engineering Project Director | 17,400 GTQ | +99% |
| Engineering Project Manager | 12,500 GTQ | +43% |
| Engineering Research and Development Manager | 14,100 GTQ | +62% |
| Engineering Safety Coordinator | 7,050 GTQ | -19% |
| Engineering Sales Manager | 12,500 GTQ | +43% |
| Engineering Technician | 6,910 GTQ | -21% |
| Engineering Technologist | 7,020 GTQ | -20% |
| Environmental Engineer | 8,420 GTQ | -4% |
| Equipment Engineer | 7,750 GTQ | -11% |
| Equipment Engineering Manager | 12,200 GTQ | +40% |
| Estimator | 7,730 GTQ | -11% |
| Fabrication Specialist | 6,570 GTQ | -25% |
| Fabricator | 4,180 GTQ | -52% |
| Facade Engineer | 8,960 GTQ | +3% |
| Fiber Analyst | 5,160 GTQ | -41% |
| Field Engineer | 9,550 GTQ | +9% |
| Field Engineering Manager | 15,400 GTQ | +76% |
| Fire Engineer | 9,240 GTQ | +6% |
| Fitter and Turner | 2,920 GTQ | -67% |
| Forestry Strategic Planner | 10,600 GTQ | +21% |
| Generation Engineer | 8,950 GTQ | +3% |
| Genetic Engineer | 10,000 GTQ | +15% |
| Geological Engineer | 9,190 GTQ | +5% |
| Geotechnical Engineer | 9,570 GTQ | +10% |
| Heavy Equipment Mechanic | 4,920 GTQ | -44% |
| Highway Engineer | 8,870 GTQ | +2% |
| HSE Professional | 8,470 GTQ | -3% |
| HVAC Engineer | 9,360 GTQ | +7% |
| HVAC Supervisor | 8,240 GTQ | -6% |
| Industrial Engineer | 8,380 GTQ | -4% |
| Industrial Engineering Technologist | 8,250 GTQ | -5% |
| Instrument Engineer | 8,780 GTQ | +1% |
| Instrumentation and Control Engineer | 8,560 GTQ | -2% |
| Instrumentation Engineer | 9,160 GTQ | +5% |
| Instrumentation Manager | 8,360 GTQ | -4% |
| Irrigation Engineer | 8,360 GTQ | -4% |
| Licensed Aircraft Engineer | 9,600 GTQ | +10% |
| Locomotive Engineer | 8,590 GTQ | -2% |
| Maintenance Engineer | 7,980 GTQ | -9% |
| Maintenance Fitter | 3,180 GTQ | -64% |
| Maintenance Manager | 8,440 GTQ | -3% |
| Manufacturing Engineer | 8,950 GTQ | +3% |
| Marine Engineer | 9,250 GTQ | +6% |
| Materials Engineer | 8,920 GTQ | +2% |
| Materials Researcher | 8,400 GTQ | -4% |
| Materials Technician | 6,680 GTQ | -23% |
| Mechanical and Electrical Engineer | 9,990 GTQ | +14% |
| Mechanical Design Engineer | 9,120 GTQ | +4% |
| Mechanical Designer | 7,300 GTQ | -16% |
| Mechanical Engineer | 9,580 GTQ | +10% |
| Mechanical Engineering Manager | 12,500 GTQ | +43% |
| Mechanical Inspector | 8,610 GTQ | -1% |
| Mechatronics Engineer | 9,410 GTQ | +8% |
| Mining Engineer | 8,630 GTQ | -1% |
| Oil and Petrochemical Engineer | 9,490 GTQ | +9% |
| Optical Engineer | 8,640 GTQ | -1% |
| Optical Instrument Assembler | 4,460 GTQ | -49% |
| PCB Assembler | 3,210 GTQ | -63% |
| Photonics Engineer | 9,680 GTQ | +11% |
| Photonics Technician | 7,810 GTQ | -11% |
| Pipeline Engineer | 8,250 GTQ | -5% |
| Piping Designer | 4,840 GTQ | -45% |
| Piping Engineer | 8,080 GTQ | -7% |
| Planning Engineer | 9,290 GTQ | +6% |
| Pressure Vessel Inspector | 4,270 GTQ | -51% |
| Principal Cost Engineer | 9,120 GTQ | +4% |
| Principal Engineer | 9,000 GTQ | +3% |
| Principal Support Engineer | 8,900 GTQ | +2% |
| Process Engineer | 8,510 GTQ | -3% |
| Process Operator | 5,150 GTQ | -41% |
| Product Development Engineer | 8,850 GTQ | +1% |
| Product Development Technician | 6,530 GTQ | -25% |
| Product Engineer | 9,670 GTQ | +11% |
| Product Safety Engineer | 8,640 GTQ | -1% |
| Production Engineer | 9,130 GTQ | +5% |
| Project Engineer | 9,720 GTQ | +11% |
| Proposal Manager | 12,000 GTQ | +37% |
| Purchasing Engineer | 7,850 GTQ | -10% |
| Quality Assurance Engineer | 9,000 GTQ | +3% |
| Rail Engineer | 9,060 GTQ | +4% |
| Robotics Engineer | 10,300 GTQ | +18% |
| Robotics Technician | 7,360 GTQ | -16% |
| Safety Engineer | 8,890 GTQ | +2% |
| Safety Inspector | 7,090 GTQ | -19% |
| Safety Manager | 10,900 GTQ | +25% |
| Safety Officer | 4,650 GTQ | -47% |
| Sales Engineer | 9,420 GTQ | +8% |
| Scheduling Engineer | 8,050 GTQ | -8% |
| Service Engineer | 8,960 GTQ | +3% |
| Solar Engineer | 9,600 GTQ | +10% |
| Staff Engineer | 9,080 GTQ | +4% |
| Static Equipment Engineer | 8,730 GTQ | +0% |
| Stationary Engineer | 8,320 GTQ | -5% |
| Stress Engineer | 8,090 GTQ | -7% |
| Structural Analysis Engineer | 8,440 GTQ | -3% |
| Structural Designer | 7,850 GTQ | -10% |
| Structural Engineer | 8,340 GTQ | -4% |
| Structural Technician | 5,970 GTQ | -32% |
| Supply Chain Specialist | 9,050 GTQ | +4% |
| Surveyor | 6,500 GTQ | -26% |
| Technical Affairs Officer | 4,500 GTQ | -48% |
| Technical Assistant | 4,350 GTQ | -50% |
| Technical Engineer | 7,700 GTQ | -12% |
| Technical Support Engineer | 7,310 GTQ | -16% |
| Tender Engineer | 7,970 GTQ | -9% |
| Test Development Engineer | 8,630 GTQ | -1% |
| Transportation Engineer | 8,340 GTQ | -4% |
| Validation Engineer | 7,920 GTQ | -9% |
| Verification Engineer | 8,180 GTQ | -6% |
| Wastewater Engineer | 8,670 GTQ | -1% |
| Wind Energy Engineer | 9,180 GTQ | +5% |
| Wind Energy Operations Manager | 11,900 GTQ | +36% |
| Work Planner | 6,110 GTQ | -30% |
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 Guatemala earn 11% more than their private sector counterparts on average across all sectors.
| Private Sector | 10,000 GTQ | |
| Public Sector | +11% | 11,100 GTQ |
