Oil / Gas / Energy / Mining Average Salaries in India 2024
How much money does a person working in Oil / Gas / Energy / Mining make in India?
LOW
10,500
INR AVERAGE
30,000
INR HIGH
66,500
INR
A person working in Oil / Gas / Energy / Mining in India typically earns around 30,000 INR. Salaries range from 10,500 INR (lowest average) to 66,500 INR (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Oil / Gas / Energy / Mining domain in India exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries for specific jobs
| Job Title | Average Salary |
Oil / Gas / Energy / Mining Jobs Pay Scale and Salaries in India
Salary Structure and Pay Scale Comparison
32,200 INR or more
26,700 to 32,200 INR
14,600 INR or less
14,600 to 26,700 INR
 10,500 INR |
26,500 INR |
66,500 INR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries in Oil / Gas / Energy / Mining in India range from 10,500 INR (starting average salary) to 66,500 INR (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Oil / Gas / Energy / Mining is 26,500 INR, implying that half of the workforce in India earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Oil / Gas / Energy / Mining in India earn less than 20,200 INR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 32,900 INR, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Oil / Gas / Energy / Mining in India. The analysis revealed that roughly 65% of all reported salaries fell within the range of 14,600 INR to 26,700 INR. Approximately 20% of salaries were below the 14,600 INR mark, while 10% ranged from 26,700 INR to 32,200 INR. Only 5% of individuals earned a gross salary of 32,200 INR or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
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 in Oil / Gas / Energy / Mining in India 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.
Salary Comparison By Education
How does the education level affect your salary?
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 degree levels across many jobs in Oil / Gas / Energy / Mining in India, 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 certificate 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 India costs anywhere from 160,000 INR to 481,000 INR and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they 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 to 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 the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.
Salary and Compensation Comparison By Gender / Oil / Gas / Energy / Mining / India
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Oil / Gas / Energy / Mining in India, the average difference between the salary of male and female employees is 12%.
| Male | 32,000 INR | |
| Female | -10% | 28,600 INR |
Salary Comparison By Gender in India for all Careers
Average Annual Salary Increment Percentage / Oil / Gas / Energy / Mining / India
How much are annual salary increments in India for individuals working in Oil / Gas / Energy / Mining? How often do employees get salary raises?
Professionals working in Oil / Gas / Energy / Mining in India are likely to observe a salary increase of approximately 11% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
India / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Oil / Gas / Energy / Mining / India
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/india/oil-gas-energy-mining/annual-salary-bonus-rate-india-oil-gas-energy-mining.jpg
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 5% of their annual salary.
| Received Bonus | 51% | |
| No Bonus | 49% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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.
Hourly Average Wage / Oil / Gas / Energy / Mining / India
170 INR per hourThe average hourly wage (pay per hour) in Oil / Gas / Energy / Mining in India is 170 INR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
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 fixed 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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working in Oil / Gas / Energy / Mining in India is 60 INR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary Comparison By City
| City | Average Salary |
| agra | 27,300 INR |
| Ahmadabad | 33,800 INR |
| Bangalore | 32,400 INR |
| Bhopal | 29,600 INR |
| Chennai | 31,700 INR |
| Coimbatore | 28,100 INR |
| Delhi | 34,200 INR |
| Ghaziabad | 28,700 INR |
| Hyderabad | 35,100 INR |
| Indore | 29,900 INR |
| Jaipur | 33,300 INR |
| Kanpur | 30,700 INR |
| Kolkata | 32,800 INR |
| Lucknow | 31,000 INR |
| Ludhiana | 29,600 INR |
| Madurai | 26,300 INR |
| Mumbai | 34,300 INR |
| Nagpur | 30,700 INR |
| Patna | 27,600 INR |
| Pimpri-Chinchwad | 29,800 INR |
| Pune | 31,900 INR |
| Surat | 32,800 INR |
| Vadodara | 28,400 INR |
| Visakhapatnam | 28,200 INR |
Salary Comparison By State
| State | Average Salary |
| Andaman & Nicobar Islands | 25,700 INR |
| Andhra Pradesh | 33,200 INR |
| Arunachal Pradesh | 27,900 INR |
| Assam | 32,000 INR |
| Bihar | 35,800 INR |
| Chandigarh | 26,800 INR |
| Chhatisgarh | 31,500 INR |
| Dadra & Nagar Haveli | 26,200 INR |
| Daman & Diu | 25,600 INR |
| Delhi | 30,600 INR |
| Goa | 27,800 INR |
| Gujarat | 33,800 INR |
| Haryana | 31,000 INR |
| Himachal Pradesh | 29,800 INR |
| Jammu & Kashmir | 30,500 INR |
| Jharkhand | 33,000 INR |
| Karnataka | 34,300 INR |
| Kerala | 32,800 INR |
| Lakshadweep | 25,500 INR |
| Madhya Pradesh | 35,400 INR |
| Maharashtra | 36,000 INR |
| Manipur | 29,400 INR |
| Meghalaya | 29,100 INR |
| Mizoram | 27,600 INR |
| Nagaland | 28,900 INR |
| Orissa | 33,700 INR |
| Pondicherry | 28,000 INR |
| Punjab | 32,500 INR |
| Rajasthan | 35,400 INR |
| Sikkim | 27,100 INR |
| Tamil Nadu | 35,100 INR |
| Tripura | 30,000 INR |
| Uttar Pradesh | 37,100 INR |
| Uttaranchal | 30,700 INR |
| West Bengal | 36,200 INR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in India is 5% on average across all career fields.
| Private Sector | 31,100 INR | |
| Public Sector | +5% | 32,800 INR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary in Oil / Gas / Energy / Mining in India?
A good and competitive compensation would range anywhere between 26,500 INR and 32,900 INR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for jobs in Oil / Gas / Energy / Mining in India ranges from 10,500 INR to 20,200 INR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
