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Drilling Engineer Average Salary in Guinea-Bissau 2021

How much money does a Drilling Engineer make in Guinea-Bissau?


Average Monthly Salary
276,000 XOF
( 3,310,000 XOF yearly)

LOW
144,000
XOF
AVERAGE
276,000
XOF
HIGH
423,000
XOF

A person working as a Drilling Engineer in Guinea-Bissau typically earns around 276,000 XOF per month. Salaries range from 144,000 XOF (lowest) to 423,000 XOF (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 Guinea-Bissau

Median and salary distribution monthly Guinea-Bissau Drilling Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Drilling Engineer salaries in Guinea-Bissau range from 144,000 XOF per month (minimum salary) to 423,000 XOF per month (maximum salary).

  • Median Salary

    The median salary is 265,000 XOF per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 265,000 XOF while the other half are earning more than 265,000 XOF. 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 184,000 XOF while 75% of them are earning more than 184,000 XOF. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 330,000 XOF while 25% are earning more than 330,000 XOF.


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 Guinea-Bissau Drilling Engineer
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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 163,000 XOF per month.

While someone with an experience level between two and five years is expected to earn 219,000 XOF 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 285,000 XOF 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 345,000 XOF 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 377,000 XOF 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 396,000 XOF per month, 5% more than people with fifteen to twenty years of experience.


Drilling Engineer average salary change by experience in Guinea-Bissau

0 - 2 Years
163,000 XOF
2 - 5 Years+34%
219,000 XOF
5 - 10 Years+30%
285,000 XOF
10 - 15 Years+21%
345,000 XOF
15 - 20 Years+9%
377,000 XOF
20+ Years+5%
396,000 XOF
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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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 Guinea-Bissau Drilling Engineer
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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 194,000 XOF per month.

While someone with a Bachelor's Degree gets a salary of 294,000 XOF per month, 52% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 417,000 XOF per month, 42% more than someone with a Bachelor's Degree.


Drilling Engineer average salary difference by education level in Guinea-Bissau

Certificate or Diploma
194,000 XOF
Bachelor's Degree+52%
294,000 XOF
Master's Degree+42%
417,000 XOF
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 Guinea-Bissau costs anywhere from 1,710,000 CFA Franc BCEAO(s) to 5,120,000 CFA Franc BCEAO(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
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Drilling Engineer Salary Comparison By Gender

Salary comparison by gender monthly Guinea-Bissau Drilling Engineer
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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 Drilling Engineer employees in Guinea-Bissau earn 11% more than their female counterparts on average.

Male
294,000 XOF
Female-10%
265,000 XOF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Guinea-Bissau for all Careers

Salary comparison by gender monthly Guinea-Bissau
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Drilling Engineer Average Annual Salary Increment Percentage in Guinea-Bissau

How much are annual salary increments in Guinea-Bissau for Drilling Engineer(s)? How often do employees get salary raises?

Drilling Engineer

Drilling Engineer(s) in Guinea-Bissau 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.

Annual Salary Increment Rate Guinea-Bissau Drilling Engineer
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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.

Guinea-Bissau / 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 Guinea-Bissau is 2%.

Annual Increment Rate By Industry 2020

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 Guinea-Bissau 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

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Drilling Engineer Bonus and Incentive Rates in Guinea-Bissau

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Guinea-Bissau Drilling Engineer
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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.

90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% 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
10%
No Bonus
90%

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 Guinea-Bissau


1,590 XOF per hour

The average hourly wage (pay per hour) in Guinea-Bissau is 1,590 XOF. This means that the average Drilling Engineer in Guinea-Bissau earns approximately 1,590 XOF 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 Guinea-Bissau
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The average salary for Drilling Engineer is 4% 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 Engineer269,000 XOF-3%
Assembly Engineering Technician227,000 XOF-18%
Assistant Chief Engineer327,000 XOF+18%
Associate Engineer269,000 XOF-3%
Autocad Operator185,000 XOF-33%
Automation Engineer304,000 XOF+10%
Avionic System Support Engineer279,000 XOF+1%
Biochemical Engineer269,000 XOF-3%
BMS Engineer278,000 XOF+1%
Bridge and Lock Tender151,000 XOF-45%
Broadcast Engineer282,000 XOF+2%
CAD Design Engineer288,000 XOF+4%
CAD Designer173,000 XOF-37%
CAE Engineer291,000 XOF+5%
Ceramics Engineer266,000 XOF-4%
Civil Engineer298,000 XOF+8%
Commissioning Engineer282,000 XOF+2%
Communications Engineer309,000 XOF+12%
Condition Monitoring Engineer253,000 XOF-8%
Contract Associate Engineer273,000 XOF-1%
Control Systems Engineer287,000 XOF+4%
Controls Engineer276,000 XOF-0%
Controls Software Engineer255,000 XOF-8%
Corrosion Engineer270,000 XOF-2%
Design Engineer293,000 XOF+6%
Drafter178,000 XOF-36%
Drafting Manager325,000 XOF+18%
Drilling Engineer276,000 XOF-0%
Electrical Draughtsman151,000 XOF-45%
Electrical Engineer310,000 XOF+12%
Electrical Engineering Manager402,000 XOF+46%
Electromechanical Engineering Technologist300,000 XOF+9%
Electromechanical Equipment Assembler145,000 XOF-48%
Energy Engineer288,000 XOF+4%
Engine Assembler124,000 XOF-55%
Engineer293,000 XOF+6%
Engineering Account Manager340,000 XOF+23%
Engineering Chief Designer339,000 XOF+23%
Engineering Consultant406,000 XOF+47%
Engineering Key Account Manager403,000 XOF+46%
Engineering Lab Technician282,000 XOF+2%
Engineering Planning Manager412,000 XOF+49%
Engineering Production Manager529,000 XOF+91%
Engineering Project Analyst340,000 XOF+23%
Engineering Project Coordinator 326,000 XOF+18%
Engineering Project Director609,000 XOF+120%
Engineering Project Manager407,000 XOF+47%
Engineering Research and Development Manager443,000 XOF+60%
Engineering Safety Coordinator217,000 XOF-21%
Engineering Sales Manager375,000 XOF+36%
Engineering Technician225,000 XOF-19%
Engineering Technologist214,000 XOF-23%
Environmental Engineer270,000 XOF-2%
Equipment Engineer275,000 XOF-0%
Equipment Engineering Manager394,000 XOF+43%
Estimator256,000 XOF-7%
Fabrication Specialist195,000 XOF-29%
Fabricator138,000 XOF-50%
Facade Engineer292,000 XOF+6%
Fiber Analyst159,000 XOF-42%
Field Engineer309,000 XOF+12%
Field Engineering Manager498,000 XOF+80%
Fire Engineer299,000 XOF+8%
Fitter and Turner94,600 XOF-66%
Forestry Strategic Planner329,000 XOF+19%
Generation Engineer287,000 XOF+4%
Genetic Engineer305,000 XOF+10%
Geological Engineer286,000 XOF+4%
Geotechnical Engineer311,000 XOF+13%
Heavy Equipment Mechanic153,000 XOF-45%
Highway Engineer289,000 XOF+5%
HSE Professional270,000 XOF-2%
HVAC Engineer306,000 XOF+11%
HVAC Supervisor270,000 XOF-2%
Industrial Engineer275,000 XOF-0%
Industrial Engineering Technologist269,000 XOF-3%
Instrument Engineer271,000 XOF-2%
Instrumentation and Control Engineer271,000 XOF-2%
Instrumentation Engineer280,000 XOF+1%
Instrumentation Manager295,000 XOF+7%
Irrigation Engineer275,000 XOF-0%
Licensed Aircraft Engineer301,000 XOF+9%
Locomotive Engineer275,000 XOF-0%
Maintenance Engineer263,000 XOF-5%
Maintenance Fitter105,000 XOF-62%
Maintenance Manager277,000 XOF+0%
Manufacturing Engineer268,000 XOF-3%
Marine Engineer278,000 XOF+1%
Materials Engineer268,000 XOF-3%
Materials Researcher256,000 XOF-7%
Materials Technician216,000 XOF-22%
Mechanical and Electrical Engineer316,000 XOF+14%
Mechanical Design Engineer298,000 XOF+8%
Mechanical Designer239,000 XOF-13%
Mechanical Engineer320,000 XOF+16%
Mechanical Engineering Manager418,000 XOF+51%
Mechanical Inspector291,000 XOF+5%
Mechatronics Engineer319,000 XOF+15%
Mining Engineer273,000 XOF-1%
Oil and Petrochemical Engineer320,000 XOF+16%
Optical Engineer282,000 XOF+2%
Optical Instrument Assembler146,000 XOF-47%
PCB Assembler106,000 XOF-62%
Photonics Engineer302,000 XOF+9%
Photonics Technician270,000 XOF-2%
Pipeline Engineer258,000 XOF-7%
Piping Designer152,000 XOF-45%
Piping Engineer254,000 XOF-8%
Planning Engineer306,000 XOF+11%
Pressure Vessel Inspector140,000 XOF-49%
Principal Cost Engineer296,000 XOF+7%
Principal Engineer278,000 XOF+1%
Principal Support Engineer305,000 XOF+10%
Process Engineer288,000 XOF+4%
Process Operator169,000 XOF-39%
Product Development Engineer300,000 XOF+9%
Product Development Technician212,000 XOF-23%
Product Engineer298,000 XOF+8%
Product Safety Engineer262,000 XOF-5%
Production Engineer301,000 XOF+9%
Project Engineer300,000 XOF+9%
Proposal Manager356,000 XOF+29%
Purchasing Engineer274,000 XOF-1%
Quality Assurance Engineer279,000 XOF+1%
Rail Engineer281,000 XOF+2%
Robotics Engineer324,000 XOF+17%
Robotics Technician233,000 XOF-16%
Safety Engineer277,000 XOF+0%
Safety Inspector225,000 XOF-19%
Safety Manager355,000 XOF+29%
Safety Officer143,000 XOF-48%
Sales Engineer297,000 XOF+8%
Scheduling Engineer258,000 XOF-7%
Service Engineer306,000 XOF+11%
Solar Engineer296,000 XOF+7%
Staff Engineer294,000 XOF+6%
Static Equipment Engineer276,000 XOF-0%
Stationary Engineer257,000 XOF-7%
Stress Engineer273,000 XOF-1%
Structural Analysis Engineer285,000 XOF+3%
Structural Designer258,000 XOF-7%
Structural Engineer283,000 XOF+2%
Structural Technician184,000 XOF-33%
Supply Chain Specialist274,000 XOF-1%
Surveyor222,000 XOF-20%
Technical Affairs Officer149,000 XOF-46%
Technical Assistant146,000 XOF-47%
Technical Engineer260,000 XOF-6%
Technical Support Engineer253,000 XOF-8%
Tender Engineer260,000 XOF-6%
Test Development Engineer290,000 XOF+5%
Transportation Engineer260,000 XOF-6%
Validation Engineer268,000 XOF-3%
Verification Engineer279,000 XOF+1%
Wastewater Engineer273,000 XOF-1%
Wind Energy Engineer295,000 XOF+7%
Wind Energy Operations Manager383,000 XOF+39%
Work Planner206,000 XOF-25%

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 Guinea-Bissau earn 18% more than their private sector counterparts on average across all sectors.

Private Sector
307,000 XOF
Public Sector+18%
362,000 XOF
Percentage increase and decrease are relative to the previous value

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