Browse Salaries
Best Paying Jobs
Salary Increase Letters

Oil / Gas / Energy / Mining Average Salaries in Korea (North) 2023

How much money does a person working in Oil / Gas / Energy / Mining make in Korea (North)?

Average Monthly Salary
175,000 KPW
( 2,100,000 KPW yearly)

All salary figures displayed here are per month except when noted otherwise.
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.

A person working in Oil / Gas / Energy / Mining in Korea (North) typically earns around 175,000 KPW. Salaries range from 63,600 KPW (lowest average) to 404,000 KPW (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 Korea (North) 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 TitleAverage Salary
Assistant Yard Manager172,000 KPW
Associate Analyst203,000 KPW
Associate Landman85,300 KPW
Auxiliary Equipment Operator72,800 KPW
Biomass Plant Technician94,000 KPW
Biomass Power Plant Manager247,000 KPW
Chemical Plant Operator152,000 KPW
Chief Contract Compliance Engineer184,000 KPW
Completions Engineer167,000 KPW
Cost Controller134,000 KPW
Crude Oil Marketing Representative204,000 KPW
Dispatcher76,400 KPW
Distribution Manager252,000 KPW
Dragline Operator85,800 KPW
Driller Offsider65,700 KPW
Dump Truck Driver71,400 KPW
Electric and Gas Operations Manager418,000 KPW
Energy Advisor283,000 KPW
Energy Analyst270,000 KPW
Energy Auditor241,000 KPW
Energy Dispatch Director319,000 KPW
Energy Technical Assistant115,000 KPW
Energy Technical Manager219,000 KPW
Energy Technical Trainer156,000 KPW
Exploration Manager328,000 KPW
Field Safety Auditor210,000 KPW
Fluids Engineer175,000 KPW
Fuel Cell Engineer187,000 KPW
Fuel Cell Technician90,500 KPW
Fuels Handler88,400 KPW
Gas Compressor Operator77,000 KPW
Gas Distribution Plant Operator145,000 KPW
Gas Supply Manager292,000 KPW
Geologist317,000 KPW
Geophysicist345,000 KPW
Geothermal Production Manager321,000 KPW
Geothermal Technician133,000 KPW
HSE Engineer191,000 KPW
HSE Officer118,000 KPW
HSEQ Administrator126,000 KPW
Inspector173,000 KPW
Instructor154,000 KPW
Instrument Designer151,000 KPW
Lead Technical Field Advisor241,000 KPW
Logistics and Tool Coordinator158,000 KPW
Maintenance Engineer184,000 KPW
Maintenance Superintendent173,000 KPW
Material Controller128,000 KPW
Mine Engineer173,000 KPW
Mine Surveyor210,000 KPW
Mining Project Administrator160,000 KPW
Mining Project Assistant133,000 KPW
Mining Project Controls Consultant212,000 KPW
Mining Project Coordinator165,000 KPW
Mining Project Engineer172,000 KPW
Mining Project Manager237,000 KPW
Mining Site Manager233,000 KPW
Mining Team Leader204,000 KPW
NDT Technician107,000 KPW
Oil Service Unit Operator97,600 KPW
Oil Trader241,000 KPW
Oilwell Pumper68,000 KPW
Petroleum Engineer 201,000 KPW
Petroleum Geologist330,000 KPW
Petroleum Pump System Operator106,000 KPW
Pipeline Technician71,300 KPW
Power Coordinator111,000 KPW
Power Plant Operations Manager369,000 KPW
Power Plant Operator156,000 KPW
Radio Operator82,200 KPW
Reliability Engineer179,000 KPW
Reservoir Engineer176,000 KPW
Risk Analyst221,000 KPW
Roughneck194,000 KPW
Scaffolder117,000 KPW
Shutdown Engineer152,000 KPW
Solar Energy Installation Manager257,000 KPW
Solar Energy Systems Engineer183,000 KPW
Solar Photovoltaic Installer117,000 KPW
Solar Thermal Technician113,000 KPW
Supply Operations Manager312,000 KPW
Sustainability Specialist286,000 KPW
System Development Advisor204,000 KPW
Tanker Truck Driver72,500 KPW
Utility Operator94,400 KPW
Wind Energy Project Manager246,000 KPW

Oil / Gas / Energy / Mining Jobs Pay Scale and Salaries in Korea (North)

Median and salary distribution Korea (North) Oil / Gas / Energy / Mining monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(north)/oil-gas-energy-mining/median-and-salary-distribution-monthly-korea-(north)-oil-gas-energy-mining.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
202,000 KPW or more
10% of people earn
167,000 to 202,000 KPW
20% of people earn
91,700 KPW or less
65% of people earn
91,700 to 167,000 KPW
Minimum Salary
63,600 KPW
160,000 KPW
404,000 KPW

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Oil / Gas / Energy / Mining in Korea (North) range from 63,600 KPW (starting average salary) to 404,000 KPW (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 160,000 KPW, implying that half of the workforce in Korea (North) 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 Korea (North) earn less than 123,000 KPW, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 200,000 KPW, 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 Korea (North). The analysis revealed that roughly 65% of all reported salaries fell within the range of 91,700 KPW to 167,000 KPW. Approximately 20% of salaries were below the 91,700 KPW mark, while 10% ranged from 167,000 KPW to 202,000 KPW. Only 5% of individuals earned a gross salary of 202,000 KPW or higher.

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 in Oil / Gas / Energy / Mining in Korea (North) 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.

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.
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

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.

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 Korea (North), 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 Korea (North) costs anywhere from 971,000 KPW to 2,910,000 KPW 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 / Korea (North)

Salary comparison by gender Korea (North) Oil / Gas / Energy / Mining monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(north)/oil-gas-energy-mining/salary-comparison-by-gender-monthly-korea-(north)-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? In the field of Oil / Gas / Energy / Mining in Korea (North), the average difference between the salary of male and female employees is 11%.

182,000 KPW
163,000 KPW
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Korea (North) for all Careers

Salary comparison by gender monthly Korea (North)
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(north)/salary-comparison-by-gender-monthly-korea-(north).jpg

Average Annual Salary Increment Percentage / Oil / Gas / Energy / Mining / Korea (North)

How much are annual salary increments in Korea (North) for individuals working in Oil / Gas / Energy / Mining? How often do employees get salary raises?

Professionals working in Oil / Gas / Energy / Mining in Korea (North) are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Korea (North) Oil / Gas / Energy / Mining
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(north)/oil-gas-energy-mining/annual-salary-increment-rate-korea-(north)-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.

Korea (North) / All Professions

Annual Salary Increment Rate Korea (North)
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(north)/annual-salary-increment-rate-korea-(north).jpg

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

The average salary increase in one year (12 months) in Korea (North) is 2%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Korea (North) for the year 2022. 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

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

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 / Korea (North)

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

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
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

Salary Forecast and Trend / Oil / Gas / Energy / Mining / Korea (North)

How are salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
155,000 KPW
Average Salary 2020+4%
161,000 KPW
Average Salary 2021+3%
165,000 KPW
Average Salary 2022+2%
169,000 KPW
Percentage increase and decrease are relative to the previous value

Salaries for individuals working in Oil / Gas / Energy / Mining in Korea (North) are rising in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.

Salary trends and forecast monthly Korea (North) Oil / Gas / Energy / Mining
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(north)/oil-gas-energy-mining/salary-trends-and-forecast-monthly-korea-(north)-oil-gas-energy-mining.jpg

Hourly Average Wage / Oil / Gas / Energy / Mining / Korea (North)

1,010 KPW per hour

The average hourly wage (pay per hour) in Oil / Gas / Energy / Mining in Korea (North) is 1,010 KPW.This is the rate they get paid for every worked hour.

Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

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 Korea (North) is 370 KPW. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Oil / Gas / Energy / Mining VS Other Jobs

175,000 KPW
194,000 KPW
Average Salary
Oil / Gas / Energy / Mining
Average Salary
All Jobs
Salary Comparison Between Oil / Gas / Energy / Mining and Oil / Gas / Energy / Mining monthly Korea (North)
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(north)/oil-gas-energy-mining/salary-comparison-between-oil-gas-energy-mining-and-oil-gas-energy-mining-monthly-korea-(north).jpg

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 Korea (North) is 7% on average across all career fields.

Private Sector
186,000 KPW
Public Sector+7%
200,000 KPW
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Oil / Gas / Energy / Mining in Korea (North)?

A good and competitive compensation would range anywhere between 160,000 KPW and 200,000 KPW. 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 Korea (North) ranges from 123,000 KPW to 200,000 KPW. 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

Browse Salaries

Salary Increase Letters

Best Paying Jobs

©Salary Explorer 2023