A person working in Oil / Gas / Energy / Mining in Guatemala typically earns around 7,970 GTQ per month. Salaries range from 4,160 GTQ (lowest average) to 12,500 GTQ (highest average, actual maximum salary is higher).
This is the average monthly 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.
|Job Title||Average Salary|
|Assistant Yard Manager||7,260 GTQ|
|Associate Analyst||7,960 GTQ|
|Associate Landman||5,470 GTQ|
|Auxiliary Equipment Operator||4,040 GTQ|
|Biomass Plant Technician||5,060 GTQ|
|Biomass Power Plant Manager||8,370 GTQ|
|Chemical Plant Operator||9,950 GTQ|
|Chief Contract Compliance Engineer||7,550 GTQ|
|Completions Engineer||6,730 GTQ|
|Cost Controller||6,380 GTQ|
|Crude Oil Marketing Representative||7,920 GTQ|
|Distribution Manager||9,160 GTQ|
|Dragline Operator||4,410 GTQ|
|Driller Offsider||4,140 GTQ|
|Dump Truck Driver||4,000 GTQ|
|Electric and Gas Operations Manager||11,400 GTQ|
|Energy Advisor||9,690 GTQ|
|Energy Analyst||9,880 GTQ|
|Energy Auditor||9,170 GTQ|
|Energy Dispatch Director||10,400 GTQ|
|Energy Technical Assistant||6,350 GTQ|
|Energy Technical Manager||8,690 GTQ|
|Energy Technical Trainer||7,030 GTQ|
|Exploration Manager||11,600 GTQ|
|Field Safety Auditor||8,210 GTQ|
|Fluids Engineer||6,840 GTQ|
|Fuel Cell Engineer||7,640 GTQ|
|Fuel Cell Technician||5,230 GTQ|
|Fuels Handler||5,110 GTQ|
|Gas Compressor Operator||4,410 GTQ|
|Gas Distribution Plant Operator||6,050 GTQ|
|Gas Supply Manager||9,710 GTQ|
|Geothermal Production Manager||11,000 GTQ|
|Geothermal Technician||6,610 GTQ|
|HSE Engineer||7,760 GTQ|
|HSE Officer||5,920 GTQ|
|HSEQ Administrator||6,510 GTQ|
|Instrument Designer||6,180 GTQ|
|Lead Technical Field Advisor||9,670 GTQ|
|Logistics and Tool Coordinator||7,220 GTQ|
|Maintenance Engineer||7,490 GTQ|
|Maintenance Superintendent||8,140 GTQ|
|Material Controller||6,460 GTQ|
|Mine Engineer||6,880 GTQ|
|Mine Surveyor||8,160 GTQ|
|Mining Project Administrator||6,920 GTQ|
|Mining Project Assistant||6,300 GTQ|
|Mining Project Controls Consultant||7,300 GTQ|
|Mining Project Coordinator||7,150 GTQ|
|Mining Project Engineer||6,840 GTQ|
|Mining Project Manager||9,680 GTQ|
|Mining Site Manager||8,780 GTQ|
|Mining Team Leader||8,050 GTQ|
|NDT Technician||6,250 GTQ|
|Oil Service Unit Operator||5,810 GTQ|
|Oil Trader||9,400 GTQ|
|Oilwell Pumper||3,930 GTQ|
|Petroleum Engineer||7,940 GTQ|
|Petroleum Geologist||12,000 GTQ|
|Petroleum Pump System Operator||6,160 GTQ|
|Pipeline Technician||5,700 GTQ|
|Power Coordinator||6,060 GTQ|
|Power Plant Operations Manager||12,300 GTQ|
|Power Plant Operator||8,070 GTQ|
|Radio Operator||5,070 GTQ|
|Reliability Engineer||7,500 GTQ|
|Reservoir Engineer||6,810 GTQ|
|Risk Analyst||8,990 GTQ|
|Shutdown Engineer||6,340 GTQ|
|Solar Energy Installation Manager||9,930 GTQ|
|Solar Energy Systems Engineer||7,540 GTQ|
|Solar Photovoltaic Installer||6,570 GTQ|
|Solar Thermal Technician||6,500 GTQ|
|Supply Operations Manager||11,500 GTQ|
|Sustainability Specialist||10,700 GTQ|
|System Development Advisor||8,090 GTQ|
|Tanker Truck Driver||4,660 GTQ|
|Utility Operator||5,580 GTQ|
|Wind Energy Project Manager||8,180 GTQ|
Oil / Gas / Energy / Mining salaries in Guatemala range from 4,160 GTQ per month (minimum average salary) to 12,500 GTQ per month (maximum average salary, actual maximum is higher).
The median salary is 8,130 GTQ per month, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 8,130 GTQ while the other half are earning more than 8,130 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.
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 5,530 GTQ while 75% of them are earning more than 5,530 GTQ. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 10,500 GTQ while 25% are earning more than 10,500 GTQ.
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 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.
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.
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.
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.
A Master's degree program or any post-graduate program in Guatemala costs anywhere from 42,200 Quetzal(s) to 127,000 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 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees earn 15% more than their female counterparts.
Oil / Gas / Energy / Mining professionals in Guatemala are likely to observe a salary increase of approximately 9% every 17 months. The national average annual increment for all professions combined is 7% 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 Guatemala 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.
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.
49% of surveyed staff in Oil / Gas / Energy / Mining 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 6% 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.
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.
|Average Salary 2016|
|Average Salary 2017||+4%|
|Average Salary 2018||+3%|
|Average Salary 2019||+2%|
Oil / Gas / Energy / Mining salaries in Guatemala are rising in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.
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 Oil / Gas / Energy / Mining is 6% less than that of All Jobs.