HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Drilling Engineer Average Salary in Guatemala 2021

How much money does a Drilling Engineer make in Guatemala?


Average Monthly Salary
8,730 GTQ
( 105,000 GTQ yearly)

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

Median and salary distribution monthly Guatemala Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/guatemala/engineering/drilling-engineer/median-and-salary-distribution-monthly-guatemala-drilling-engineer.jpg

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?

Salary comparison by years of experience monthly Guatemala Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/guatemala/engineering/drilling-engineer/salary-comparison-by-years-of-experience-monthly-guatemala-drilling-engineer.jpg

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.

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.

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
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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.

Salary comparison by education level monthly Guatemala Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/guatemala/engineering/drilling-engineer/salary-comparison-by-education-level-monthly-guatemala-drilling-engineer.jpg

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
Percentage increase and decrease are relative to the previous value

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

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Drilling Engineer Salary Comparison By Gender

Salary comparison by gender monthly Guatemala Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/guatemala/engineering/drilling-engineer/salary-comparison-by-gender-monthly-guatemala-drilling-engineer.jpg

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
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Guatemala for all Careers

Salary comparison by gender monthly Guatemala
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/guatemala/salary-comparison-by-gender-monthly-guatemala.jpg

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.

Annual Salary Increment Rate Guatemala Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/guatemala/engineering/drilling-engineer/annual-salary-increment-rate-guatemala-drilling-engineer.jpg


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.

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

The average salary increase in one year (12 months) in Guatemala is 4%.

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

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Drilling Engineer Bonus and Incentive Rates in Guatemala

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Guatemala Drilling Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/guatemala/engineering/drilling-engineer/annual-salary-bonus-rate-guatemala-drilling-engineer.jpg

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 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.

Drilling Engineer Average Hourly Wage in Guatemala


50 GTQ per hour

The 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.


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.

Drilling Engineer VS Other Jobs

Salary Comparison Between Drilling Engineer and Engineering monthly Guatemala
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/guatemala/engineering/drilling-engineer/salary-comparison-between-drilling-engineer-and-engineering-monthly-guatemala.jpg

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 TitleAverage Salary
Acoustics Engineer8,480 GTQ-3%
Assembly Engineering Technician6,600 GTQ-24%
Assistant Chief Engineer9,460 GTQ+8%
Associate Engineer7,860 GTQ-10%
Autocad Operator5,370 GTQ-38%
Automation Engineer9,730 GTQ+11%
Avionic System Support Engineer8,600 GTQ-1%
Biochemical Engineer8,320 GTQ-5%
BMS Engineer8,010 GTQ-8%
Bridge and Lock Tender4,910 GTQ-44%
Broadcast Engineer8,840 GTQ+1%
CAD Design Engineer9,520 GTQ+9%
CAD Designer5,710 GTQ-35%
CAE Engineer8,570 GTQ-2%
Ceramics Engineer8,460 GTQ-3%
Civil Engineer9,460 GTQ+8%
Commissioning Engineer8,860 GTQ+2%
Communications Engineer9,650 GTQ+11%
Condition Monitoring Engineer7,310 GTQ-16%
Contract Associate Engineer8,480 GTQ-3%
Control Systems Engineer8,600 GTQ-1%
Controls Engineer8,490 GTQ-3%
Controls Software Engineer7,620 GTQ-13%
Corrosion Engineer7,830 GTQ-10%
Design Engineer9,280 GTQ+6%
Drafter5,440 GTQ-38%
Drafting Manager9,880 GTQ+13%
Drilling Engineer8,730 GTQ+0%
Electrical Draughtsman4,320 GTQ-51%
Electrical Engineer9,760 GTQ+12%
Electrical Engineering Manager12,600 GTQ+44%
Electromechanical Engineering Technologist9,910 GTQ+14%
Electromechanical Equipment Assembler4,780 GTQ-45%
Energy Engineer9,230 GTQ+6%
Engine Assembler3,920 GTQ-55%
Engineer9,180 GTQ+5%
Engineering Account Manager10,400 GTQ+19%
Engineering Chief Designer10,500 GTQ+20%
Engineering Consultant11,600 GTQ+33%
Engineering Key Account Manager12,500 GTQ+43%
Engineering Lab Technician8,640 GTQ-1%
Engineering Planning Manager12,900 GTQ+48%
Engineering Production Manager15,000 GTQ+72%
Engineering Project Analyst10,300 GTQ+18%
Engineering Project Coordinator 9,770 GTQ+12%
Engineering Project Director17,400 GTQ+99%
Engineering Project Manager12,500 GTQ+43%
Engineering Research and Development Manager14,100 GTQ+62%
Engineering Safety Coordinator7,050 GTQ-19%
Engineering Sales Manager12,500 GTQ+43%
Engineering Technician6,910 GTQ-21%
Engineering Technologist7,020 GTQ-20%
Environmental Engineer8,420 GTQ-4%
Equipment Engineer7,750 GTQ-11%
Equipment Engineering Manager12,200 GTQ+40%
Estimator7,730 GTQ-11%
Fabrication Specialist6,570 GTQ-25%
Fabricator4,180 GTQ-52%
Facade Engineer8,960 GTQ+3%
Fiber Analyst5,160 GTQ-41%
Field Engineer9,550 GTQ+9%
Field Engineering Manager15,400 GTQ+76%
Fire Engineer9,240 GTQ+6%
Fitter and Turner2,920 GTQ-67%
Forestry Strategic Planner10,600 GTQ+21%
Generation Engineer8,950 GTQ+3%
Genetic Engineer10,000 GTQ+15%
Geological Engineer9,190 GTQ+5%
Geotechnical Engineer9,570 GTQ+10%
Heavy Equipment Mechanic4,920 GTQ-44%
Highway Engineer8,870 GTQ+2%
HSE Professional8,470 GTQ-3%
HVAC Engineer9,360 GTQ+7%
HVAC Supervisor8,240 GTQ-6%
Industrial Engineer8,380 GTQ-4%
Industrial Engineering Technologist8,250 GTQ-5%
Instrument Engineer8,780 GTQ+1%
Instrumentation and Control Engineer8,560 GTQ-2%
Instrumentation Engineer9,160 GTQ+5%
Instrumentation Manager8,360 GTQ-4%
Irrigation Engineer8,360 GTQ-4%
Licensed Aircraft Engineer9,600 GTQ+10%
Locomotive Engineer8,590 GTQ-2%
Maintenance Engineer7,980 GTQ-9%
Maintenance Fitter3,180 GTQ-64%
Maintenance Manager8,440 GTQ-3%
Manufacturing Engineer8,950 GTQ+3%
Marine Engineer9,250 GTQ+6%
Materials Engineer8,920 GTQ+2%
Materials Researcher8,400 GTQ-4%
Materials Technician6,680 GTQ-23%
Mechanical and Electrical Engineer9,990 GTQ+14%
Mechanical Design Engineer9,120 GTQ+4%
Mechanical Designer7,300 GTQ-16%
Mechanical Engineer9,580 GTQ+10%
Mechanical Engineering Manager12,500 GTQ+43%
Mechanical Inspector8,610 GTQ-1%
Mechatronics Engineer9,410 GTQ+8%
Mining Engineer8,630 GTQ-1%
Oil and Petrochemical Engineer9,490 GTQ+9%
Optical Engineer8,640 GTQ-1%
Optical Instrument Assembler4,460 GTQ-49%
PCB Assembler3,210 GTQ-63%
Photonics Engineer9,680 GTQ+11%
Photonics Technician7,810 GTQ-11%
Pipeline Engineer8,250 GTQ-5%
Piping Designer4,840 GTQ-45%
Piping Engineer8,080 GTQ-7%
Planning Engineer9,290 GTQ+6%
Pressure Vessel Inspector4,270 GTQ-51%
Principal Cost Engineer9,120 GTQ+4%
Principal Engineer9,000 GTQ+3%
Principal Support Engineer8,900 GTQ+2%
Process Engineer8,510 GTQ-3%
Process Operator5,150 GTQ-41%
Product Development Engineer8,850 GTQ+1%
Product Development Technician6,530 GTQ-25%
Product Engineer9,670 GTQ+11%
Product Safety Engineer8,640 GTQ-1%
Production Engineer9,130 GTQ+5%
Project Engineer9,720 GTQ+11%
Proposal Manager12,000 GTQ+37%
Purchasing Engineer7,850 GTQ-10%
Quality Assurance Engineer9,000 GTQ+3%
Rail Engineer9,060 GTQ+4%
Robotics Engineer10,300 GTQ+18%
Robotics Technician7,360 GTQ-16%
Safety Engineer8,890 GTQ+2%
Safety Inspector7,090 GTQ-19%
Safety Manager10,900 GTQ+25%
Safety Officer4,650 GTQ-47%
Sales Engineer9,420 GTQ+8%
Scheduling Engineer8,050 GTQ-8%
Service Engineer8,960 GTQ+3%
Solar Engineer9,600 GTQ+10%
Staff Engineer9,080 GTQ+4%
Static Equipment Engineer8,730 GTQ+0%
Stationary Engineer8,320 GTQ-5%
Stress Engineer8,090 GTQ-7%
Structural Analysis Engineer8,440 GTQ-3%
Structural Designer7,850 GTQ-10%
Structural Engineer8,340 GTQ-4%
Structural Technician5,970 GTQ-32%
Supply Chain Specialist9,050 GTQ+4%
Surveyor6,500 GTQ-26%
Technical Affairs Officer4,500 GTQ-48%
Technical Assistant4,350 GTQ-50%
Technical Engineer7,700 GTQ-12%
Technical Support Engineer7,310 GTQ-16%
Tender Engineer7,970 GTQ-9%
Test Development Engineer8,630 GTQ-1%
Transportation Engineer8,340 GTQ-4%
Validation Engineer7,920 GTQ-9%
Verification Engineer8,180 GTQ-6%
Wastewater Engineer8,670 GTQ-1%
Wind Energy Engineer9,180 GTQ+5%
Wind Energy Operations Manager11,900 GTQ+36%
Work Planner6,110 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
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2021