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Oil / Gas / Energy / Mining Average Salaries in Guinea-Bissau 2020

How much money does a person working in Oil / Gas / Energy / Mining make in Guinea-Bissau?


Average Monthly Salary
307,000 XOF
( 3,690,000 XOF yearly)

LOW
112,000
XOF
AVERAGE
307,000
XOF
HIGH
711,000
XOF

A person working in Oil / Gas / Energy / Mining in Guinea-Bissau typically earns around 307,000 XOF per month. Salaries range from 112,000 XOF (lowest average) to 711,000 XOF (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.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Yard Manager278,000 XOF
Associate Analyst328,000 XOF
Associate Landman138,000 XOF
Auxiliary Equipment Operator124,000 XOF
Biomass Plant Technician153,000 XOF
Biomass Power Plant Manager435,000 XOF
Chemical Plant Operator233,000 XOF
Chief Contract Compliance Engineer297,000 XOF
Completions Engineer280,000 XOF
Cost Controller214,000 XOF
Crude Oil Marketing Representative323,000 XOF
Dispatcher125,000 XOF
Distribution Manager432,000 XOF
Dragline Operator138,000 XOF
Driller Offsider110,000 XOF
Dump Truck Driver114,000 XOF
Electric and Gas Operations Manager703,000 XOF
Energy Advisor459,000 XOF
Energy Analyst413,000 XOF
Energy Auditor361,000 XOF
Energy Dispatch Director525,000 XOF
Energy Technical Assistant186,000 XOF
Energy Technical Manager353,000 XOF
Energy Technical Trainer259,000 XOF
Exploration Manager529,000 XOF
Field Safety Auditor351,000 XOF
Fluids Engineer300,000 XOF
Fuel Cell Engineer314,000 XOF
Fuel Cell Technician148,000 XOF
Fuels Handler140,000 XOF
Gas Compressor Operator136,000 XOF
Gas Distribution Plant Operator250,000 XOF
Gas Supply Manager452,000 XOF
Geologist531,000 XOF
Geophysicist547,000 XOF
Geothermal Production Manager527,000 XOF
Geothermal Technician214,000 XOF
HSE Engineer307,000 XOF
HSE Officer185,000 XOF
HSEQ Administrator203,000 XOF
Inspector275,000 XOF
Instructor244,000 XOF
Instrument Designer226,000 XOF
Lead Technical Field Advisor372,000 XOF
Logistics and Tool Coordinator253,000 XOF
Maintenance Engineer311,000 XOF
Maintenance Superintendent263,000 XOF
Material Controller195,000 XOF
Mine Engineer283,000 XOF
Mine Surveyor320,000 XOF
Mining Project Administrator270,000 XOF
Mining Project Assistant210,000 XOF
Mining Project Controls Consultant329,000 XOF
Mining Project Coordinator275,000 XOF
Mining Project Engineer292,000 XOF
Mining Project Manager378,000 XOF
Mining Site Manager410,000 XOF
Mining Team Leader331,000 XOF
NDT Technician180,000 XOF
Oil Service Unit Operator152,000 XOF
Oil Trader402,000 XOF
Oilwell Pumper109,000 XOF
Petroleum Engineer 352,000 XOF
Petroleum Geologist518,000 XOF
Petroleum Pump System Operator162,000 XOF
Pipeline Technician110,000 XOF
Power Coordinator191,000 XOF
Power Plant Operations Manager555,000 XOF
Power Plant Operator233,000 XOF
Radio Operator133,000 XOF
Reliability Engineer292,000 XOF
Reservoir Engineer278,000 XOF
Risk Analyst373,000 XOF
Roughneck301,000 XOF
Scaffolder195,000 XOF
Shutdown Engineer243,000 XOF
Solar Energy Installation Manager453,000 XOF
Solar Energy Systems Engineer317,000 XOF
Solar Photovoltaic Installer198,000 XOF
Solar Thermal Technician187,000 XOF
Supply Operations Manager500,000 XOF
Sustainability Specialist477,000 XOF
System Development Advisor346,000 XOF
Tanker Truck Driver121,000 XOF
Utility Operator159,000 XOF
Wind Energy Project Manager412,000 XOF

Oil / Gas / Energy / Mining Jobs Salary Distribution in Guinea-Bissau

Median and salary distribution monthly Guinea-Bissau Oil  / Gas / Energy / Mining
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The median, the maximum, the minimum, and the range

  • Salary Range

    Oil / Gas / Energy / Mining salaries in Guinea-Bissau range from 112,000 XOF per month (minimum average salary) to 711,000 XOF per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 313,000 XOF per month, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 313,000 XOF while the other half are earning more than 313,000 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 people working in Oil / Gas / Energy / Mining are earning less than 191,000 XOF while 75% of them are earning more than 191,000 XOF. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 522,000 XOF while 25% are earning more than 522,000 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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

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.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

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.


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 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.

Oil / Gas / Energy / Mining Salary Comparison By Gender

Salary comparison by gender monthly Guinea-Bissau Oil  / Gas / Energy / Mining
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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 employees in Guinea-Bissau who work in Oil / Gas / Energy / Mining earn 11% more than their female counterparts on average.

Male
320,000 XOF
Female-10%
287,000 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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Oil / Gas / Energy / Mining Average Annual Salary Increment Percentage in Guinea-Bissau

How much are annual salary increments in Guinea-Bissau for Oil / Gas / Energy / Mining professionals? How often do employees get salary raises?

Oil / Gas / Energy / Mining

Oil / Gas / Energy / Mining professionals in Guinea-Bissau are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Guinea-Bissau Oil  / Gas / Energy / Mining
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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 2019

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 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.


Worldwide Salary Raises: All Countries and All Jobs

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Oil / Gas / Energy / Mining Bonus and Incentive Rates in Guinea-Bissau

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Guinea-Bissau Oil  / Gas / Energy / Mining
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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.

64% of surveyed staff in Oil / Gas / Energy / Mining reported that they haven't received any bonuses or incentives in the previous year while 36% 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.

Received Bonus
36%
No Bonus
64%

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.

Oil / Gas / Energy / Mining Hourly Average Wage in Guinea-Bissau


1,770 XOF per hour

The average hourly wage (pay per hour) in Guinea-Bissau is 1,770 XOF. This means that the average person in Guinea-Bissau earns approximately 1,770 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.

Oil / Gas / Energy / Mining VS Other Jobs

Salary Comparison Between Oil  / Gas / Energy / Mining and Oil  / Gas / Energy / Mining monthly Guinea-Bissau
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The average salary for Oil / Gas / Energy / Mining is 10% less than that of All Jobs.

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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