A person working as a Drilling Engineer in Guernsey typically earns around 73,600 GBP per year. Salaries range from 33,900 GBP (lowest) to 117,000 GBP (highest).
This is the average yearly 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 salaries in Guernsey range from 33,900 GBP per year (minimum salary) to 117,000 GBP per year (maximum salary).
The median salary is 79,500 GBP per year, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 79,500 GBP while the other half are earning more than 79,500 GBP. 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 Drilling Engineer(s) are earning less than 51,000 GBP while 75% of them are earning more than 51,000 GBP. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 106,000 GBP while 25% are earning more than 106,000 GBP.
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 Drilling Engineer salaries by experience level and this is what we found.
A Drilling Engineer with less than two years of experience makes approximately 38,400 GBP per year.
While someone with an experience level between two and five years is expected to earn 51,300 GBP per year, 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 75,900 GBP per year, 48% 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 92,500 GBP per year, 22% 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 101,000 GBP per year, 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 109,000 GBP per year, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|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 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 43,900 GBP per year.
While someone with a Bachelor's Degree gets a salary of 68,800 GBP per year, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 115,000 GBP per year, 68% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Guernsey costs anywhere from 38,400 Pound Sterling(s) to 115,000 Pound Sterling(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 Drilling Engineer employees in Guernsey earn 19% more than their female counterparts on average.
Drilling Engineer(s) in Guernsey are likely to observe a salary increase of approximately 7% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 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 Guernsey 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.
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.
84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% 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 Drilling Engineer is 5% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||71,600 GBP||-3%|
|Assembly Engineering Technician||61,300 GBP||-17%|
|Assistant Chief Engineer||88,000 GBP||+20%|
|Associate Engineer||72,800 GBP||-1%|
|Autocad Operator||49,800 GBP||-32%|
|Automation Engineer||86,500 GBP||+17%|
|Avionic System Support Engineer||73,200 GBP||-1%|
|Biochemical Engineer||75,500 GBP||+3%|
|BMS Engineer||69,700 GBP||-5%|
|Bridge and Lock Tender||41,000 GBP||-44%|
|Broadcast Engineer||77,300 GBP||+5%|
|CAD Design Engineer||76,500 GBP||+4%|
|CAD Designer||50,800 GBP||-31%|
|CAE Engineer||76,600 GBP||+4%|
|Ceramics Engineer||71,300 GBP||-3%|
|Civil Engineer||79,700 GBP||+8%|
|Commissioning Engineer||77,400 GBP||+5%|
|Communications Engineer||84,500 GBP||+15%|
|Condition Monitoring Engineer||68,000 GBP||-8%|
|Contract Associate Engineer||76,900 GBP||+4%|
|Control Systems Engineer||78,900 GBP||+7%|
|Controls Engineer||77,300 GBP||+5%|
|Controls Software Engineer||70,000 GBP||-5%|
|Corrosion Engineer||72,700 GBP||-1%|
|Design Engineer||78,300 GBP||+6%|
|Drafting Manager||93,400 GBP||+27%|
|Drilling Engineer||73,600 GBP||-0%|
|Electrical Draughtsman||37,600 GBP||-49%|
|Electrical Engineer||82,400 GBP||+12%|
|Electrical Engineering Manager||107,000 GBP||+45%|
|Electromechanical Engineering Technologist||79,600 GBP||+8%|
|Electromechanical Equipment Assembler||42,600 GBP||-42%|
|Energy Engineer||80,200 GBP||+9%|
|Engine Assembler||35,300 GBP||-52%|
|Engineering Account Manager||91,800 GBP||+25%|
|Engineering Chief Designer||89,300 GBP||+21%|
|Engineering Consultant||105,000 GBP||+43%|
|Engineering Key Account Manager||110,000 GBP||+49%|
|Engineering Lab Technician||76,100 GBP||+3%|
|Engineering Planning Manager||106,000 GBP||+44%|
|Engineering Production Manager||136,000 GBP||+85%|
|Engineering Project Analyst||91,100 GBP||+24%|
|Engineering Project Coordinator||86,800 GBP||+18%|
|Engineering Project Director||157,000 GBP||+110%|
|Engineering Project Manager||106,000 GBP||+44%|
|Engineering Research and Development Manager||127,000 GBP||+73%|
|Engineering Safety Coordinator||58,900 GBP||-20%|
|Engineering Sales Manager||107,000 GBP||+45%|
|Engineering Technician||58,900 GBP||-20%|
|Engineering Technologist||62,500 GBP||-15%|
|Environmental Engineer||78,900 GBP||+7%|
|Equipment Engineer||72,700 GBP||-1%|
|Equipment Engineering Manager||104,000 GBP||+41%|
|Fabrication Specialist||54,300 GBP||-26%|
|Facade Engineer||78,900 GBP||+7%|
|Fiber Analyst||43,100 GBP||-41%|
|Field Engineer||81,200 GBP||+10%|
|Field Engineering Manager||131,000 GBP||+78%|
|Fire Engineer||78,500 GBP||+7%|
|Fitter and Turner||24,800 GBP||-66%|
|Forestry Strategic Planner||92,000 GBP||+25%|
|Generation Engineer||78,400 GBP||+6%|
|Genetic Engineer||89,200 GBP||+21%|
|Geological Engineer||79,700 GBP||+8%|
|Geotechnical Engineer||81,500 GBP||+11%|
|Heavy Equipment Mechanic||39,900 GBP||-46%|
|Highway Engineer||75,500 GBP||+3%|
|HSE Professional||74,100 GBP||+1%|
|HVAC Engineer||79,800 GBP||+8%|
|HVAC Supervisor||72,700 GBP||-1%|
|Industrial Engineer||71,500 GBP||-3%|
|Industrial Engineering Technologist||75,200 GBP||+2%|
|Instrument Engineer||73,400 GBP||-0%|
|Instrumentation and Control Engineer||77,200 GBP||+5%|
|Instrumentation Engineer||76,400 GBP||+4%|
|Instrumentation Manager||75,700 GBP||+3%|
|Irrigation Engineer||78,900 GBP||+7%|
|Licensed Aircraft Engineer||86,300 GBP||+17%|
|Locomotive Engineer||75,200 GBP||+2%|
|Maintenance Engineer||75,500 GBP||+3%|
|Maintenance Fitter||26,300 GBP||-64%|
|Maintenance Manager||77,100 GBP||+5%|
|Manufacturing Engineer||76,700 GBP||+4%|
|Marine Engineer||79,300 GBP||+8%|
|Materials Engineer||76,600 GBP||+4%|
|Materials Researcher||74,800 GBP||+2%|
|Materials Technician||56,800 GBP||-23%|
|Mechanical and Electrical Engineer||87,200 GBP||+18%|
|Mechanical Design Engineer||83,200 GBP||+13%|
|Mechanical Designer||66,600 GBP||-10%|
|Mechanical Engineer||82,300 GBP||+12%|
|Mechanical Engineering Manager||107,000 GBP||+45%|
|Mechanical Inspector||76,700 GBP||+4%|
|Mechatronics Engineer||84,000 GBP||+14%|
|Mining Engineer||77,900 GBP||+6%|
|Oil and Petrochemical Engineer||81,700 GBP||+11%|
|Optical Engineer||73,600 GBP||-0%|
|Optical Instrument Assembler||38,000 GBP||-48%|
|PCB Assembler||28,400 GBP||-61%|
|Photonics Engineer||84,100 GBP||+14%|
|Photonics Technician||67,900 GBP||-8%|
|Pipeline Engineer||74,100 GBP||+1%|
|Piping Designer||43,500 GBP||-41%|
|Piping Engineer||72,700 GBP||-1%|
|Planning Engineer||76,800 GBP||+4%|
|Pressure Vessel Inspector||37,700 GBP||-49%|
|Principal Cost Engineer||77,600 GBP||+5%|
|Principal Engineer||75,200 GBP||+2%|
|Principal Support Engineer||82,400 GBP||+12%|
|Process Engineer||73,400 GBP||-0%|
|Process Operator||43,900 GBP||-40%|
|Product Development Engineer||84,400 GBP||+15%|
|Product Development Technician||55,600 GBP||-24%|
|Product Engineer||83,600 GBP||+14%|
|Product Safety Engineer||76,900 GBP||+4%|
|Production Engineer||75,500 GBP||+3%|
|Project Engineer||84,200 GBP||+14%|
|Proposal Manager||99,000 GBP||+34%|
|Purchasing Engineer||68,300 GBP||-7%|
|Quality Assurance Engineer||78,000 GBP||+6%|
|Rail Engineer||78,500 GBP||+7%|
|Robotics Engineer||86,700 GBP||+18%|
|Robotics Technician||62,100 GBP||-16%|
|Safety Engineer||77,100 GBP||+5%|
|Safety Inspector||61,900 GBP||-16%|
|Safety Manager||96,100 GBP||+31%|
|Safety Officer||38,900 GBP||-47%|
|Sales Engineer||84,800 GBP||+15%|
|Scheduling Engineer||70,600 GBP||-4%|
|Service Engineer||80,200 GBP||+9%|
|Solar Engineer||80,300 GBP||+9%|
|Staff Engineer||77,200 GBP||+5%|
|Static Equipment Engineer||73,600 GBP||-0%|
|Stationary Engineer||72,000 GBP||-2%|
|Stress Engineer||69,700 GBP||-5%|
|Structural Analysis Engineer||72,700 GBP||-1%|
|Structural Designer||69,300 GBP||-6%|
|Structural Engineer||79,600 GBP||+8%|
|Structural Technician||51,700 GBP||-30%|
|Supply Chain Specialist||72,700 GBP||-1%|
|Technical Affairs Officer||41,200 GBP||-44%|
|Technical Assistant||40,000 GBP||-46%|
|Technical Engineer||68,700 GBP||-7%|
|Technical Support Engineer||68,000 GBP||-8%|
|Tender Engineer||67,900 GBP||-8%|
|Test Development Engineer||74,300 GBP||+1%|
|Transportation Engineer||72,400 GBP||-2%|
|Validation Engineer||70,700 GBP||-4%|
|Verification Engineer||73,200 GBP||-1%|
|Wastewater Engineer||78,100 GBP||+6%|
|Wind Energy Engineer||75,200 GBP||+2%|
|Wind Energy Operations Manager||108,000 GBP||+47%|
|Work Planner||52,600 GBP||-29%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Guernsey earn 25% more than their private sector counterparts on average across all sectors.