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

Oil / Gas / Energy / Mining Average Salaries in Hungary 2020

How much money does a person working in Oil / Gas / Energy / Mining make in Hungary?


Average Monthly Salary
444,000 HUF
( 5,330,000 HUF yearly)

LOW
161,000
HUF
AVERAGE
444,000
HUF
HIGH
1,030,000
HUF

A person working in Oil / Gas / Energy / Mining in Hungary typically earns around 444,000 HUF per month. Salaries range from 161,000 HUF (lowest average) to 1,030,000 HUF (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 Manager394,000 HUF
Associate Analyst485,000 HUF
Associate Landman204,000 HUF
Auxiliary Equipment Operator178,000 HUF
Biomass Plant Technician205,000 HUF
Biomass Power Plant Manager585,000 HUF
Chemical Plant Operator351,000 HUF
Chief Contract Compliance Engineer460,000 HUF
Completions Engineer422,000 HUF
Cost Controller322,000 HUF
Crude Oil Marketing Representative467,000 HUF
Dispatcher179,000 HUF
Distribution Manager594,000 HUF
Dragline Operator204,000 HUF
Driller Offsider157,000 HUF
Dump Truck Driver165,000 HUF
Electric and Gas Operations Manager1,000,000 HUF
Energy Advisor650,000 HUF
Energy Analyst613,000 HUF
Energy Auditor539,000 HUF
Energy Dispatch Director752,000 HUF
Energy Technical Assistant256,000 HUF
Energy Technical Manager501,000 HUF
Energy Technical Trainer385,000 HUF
Exploration Manager761,000 HUF
Field Safety Auditor507,000 HUF
Fluids Engineer413,000 HUF
Fuel Cell Engineer460,000 HUF
Fuel Cell Technician219,000 HUF
Fuels Handler202,000 HUF
Gas Compressor Operator188,000 HUF
Gas Distribution Plant Operator348,000 HUF
Gas Supply Manager659,000 HUF
Geologist778,000 HUF
Geophysicist814,000 HUF
Geothermal Production Manager713,000 HUF
Geothermal Technician291,000 HUF
HSE Engineer418,000 HUF
HSE Officer254,000 HUF
HSEQ Administrator305,000 HUF
Inspector403,000 HUF
Instructor363,000 HUF
Instrument Designer337,000 HUF
Lead Technical Field Advisor575,000 HUF
Logistics and Tool Coordinator364,000 HUF
Maintenance Engineer424,000 HUF
Maintenance Superintendent369,000 HUF
Material Controller282,000 HUF
Mine Engineer418,000 HUF
Mine Surveyor475,000 HUF
Mining Project Administrator395,000 HUF
Mining Project Assistant312,000 HUF
Mining Project Controls Consultant493,000 HUF
Mining Project Coordinator387,000 HUF
Mining Project Engineer421,000 HUF
Mining Project Manager554,000 HUF
Mining Site Manager551,000 HUF
Mining Team Leader443,000 HUF
NDT Technician271,000 HUF
Oil Service Unit Operator231,000 HUF
Oil Trader581,000 HUF
Oilwell Pumper162,000 HUF
Petroleum Engineer 495,000 HUF
Petroleum Geologist773,000 HUF
Petroleum Pump System Operator234,000 HUF
Pipeline Technician165,000 HUF
Power Coordinator258,000 HUF
Power Plant Operations Manager840,000 HUF
Power Plant Operator333,000 HUF
Radio Operator197,000 HUF
Reliability Engineer425,000 HUF
Reservoir Engineer402,000 HUF
Risk Analyst508,000 HUF
Roughneck420,000 HUF
Scaffolder269,000 HUF
Shutdown Engineer351,000 HUF
Solar Energy Installation Manager627,000 HUF
Solar Energy Systems Engineer441,000 HUF
Solar Photovoltaic Installer278,000 HUF
Solar Thermal Technician263,000 HUF
Supply Operations Manager731,000 HUF
Sustainability Specialist660,000 HUF
System Development Advisor498,000 HUF
Tanker Truck Driver163,000 HUF
Utility Operator239,000 HUF
Wind Energy Project Manager587,000 HUF

Oil / Gas / Energy / Mining Jobs Salary Distribution in Hungary

Median and salary distribution monthly Hungary Oil  / Gas / Energy / Mining
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/hungary/oil-gas-energy-mining/median-and-salary-distribution-monthly-hungary-oil-gas-energy-mining.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Oil / Gas / Energy / Mining salaries in Hungary range from 161,000 HUF per month (minimum average salary) to 1,030,000 HUF per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 453,000 HUF per month, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 453,000 HUF while the other half are earning more than 453,000 HUF. 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 276,000 HUF while 75% of them are earning more than 276,000 HUF. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 755,000 HUF while 25% are earning more than 755,000 HUF.


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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

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 Hungary costs anywhere from 2,470,000 Forint(s) to 7,400,000 Forint(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 Hungary Oil  / Gas / Energy / Mining
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/hungary/oil-gas-energy-mining/salary-comparison-by-gender-monthly-hungary-oil-gas-energy-mining.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Hungary who work in Oil / Gas / Energy / Mining earn 7% more than their female counterparts on average.

Male
457,000 HUF
Female-6%
427,000 HUF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Hungary for all Careers

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

Oil / Gas / Energy / Mining Average Annual Salary Increment Percentage in Hungary

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

Oil / Gas / Energy / Mining

Oil / Gas / Energy / Mining professionals in Hungary are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Hungary Oil  / Gas / Energy / Mining
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/hungary/oil-gas-energy-mining/annual-salary-increment-rate-hungary-oil-gas-energy-mining.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.

Hungary / 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 Hungary is 6%.

Annual Increment Rate By Industry 2019

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 Hungary 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

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

Oil / Gas / Energy / Mining Bonus and Incentive Rates in Hungary

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Hungary Oil  / Gas / Energy / Mining
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/hungary/oil-gas-energy-mining/annual-salary-bonus-rate-hungary-oil-gas-energy-mining.jpg

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.

48% of surveyed staff in Oil / Gas / Energy / Mining reported that they haven't received any bonuses or incentives in the previous year while 52% 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
52%
No Bonus
48%

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 Hungary


2,560 HUF per hour

The average hourly wage (pay per hour) in Hungary is 2,560 HUF. This means that the average person in Hungary earns approximately 2,560 HUF 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 Hungary
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/hungary/oil-gas-energy-mining/salary-comparison-between-oil-gas-energy-mining-and-oil-gas-energy-mining-monthly-hungary.jpg

The average salary for Oil / Gas / Energy / Mining is 10% less than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Budapest450,000 HUF
Debrecen422,000 HUF

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 Hungary earn 9% more than their private sector counterparts on average across all sectors.

Private Sector
474,000 HUF
Public Sector+9%
516,000 HUF
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2020