Oil Trader Average Salary in Tbilisi 2024
How much money does a person working as Oil Trader make in Tbilisi?
LOW
4,690
GEL AVERAGE
8,690
GEL HIGH
13,100
GEL
A person working as Oil Trader in Tbilisi typically earns around 8,690 GEL. Salaries range from 4,690 GEL (lowest) to 13,100 GEL (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Oil Trader salaries in Tbilisi vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Oil Trader Pay Scale and Salaries in Tbilisi
Salary Structure and Pay Scale Comparison
7,740 GEL or more
6,930 to 7,740 GEL
5,150 GEL or less
5,150 to 6,930 GEL
 4,690 GEL |
7,770 GEL |
13,100 GEL |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Oil Trader in Tbilisi range from 4,690 GEL (starting salary) to 13,100 GEL (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 7,770 GEL, half of the professionals who work as Oil Trader in Tbilisi earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Oil Trader in Tbilisi earn less than 6,500 GEL, while 75% earn more. Similarly, the chart shows that 75% earn less than 8,770 GEL while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Oil Trader in Tbilisi compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,150 GEL to 6,930 GEL. About 20% of salaries are below the 5,150 GEL mark, while 10% fall within the range of 6,930 GEL to 7,740 GEL. Only 5% of individuals have salaries exceeding 7,740 GEL.
Salary Comparison by Years of Experience / Oil Trader / Tbilisi
How do experience and age affect pay?
| 0 - 2 Years | 5,450 GEL | |
| 2 - 5 Years | +26% | 6,890 GEL |
| 5 - 10 Years | +32% | 9,080 GEL |
| 10 - 15 Years | +18% | 10,700 GEL |
| 15 - 20 Years | +11% | 11,800 GEL |
| 20+ Years | +6% | 12,600 GEL |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Oil Trader and this is what we found.
Employees with less than two years of experience earn approximately 5,450 GEL.
While someone with an experience level between two and five years is expected to earn 6,890 GEL, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 9,080 GEL, 32% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 10,700 GEL, 18% 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 11,800 GEL, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 12,600 GEL, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Oil Trader / Tbilisi
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Oil Trader.
| High School | 6,890 GEL | |
| Certificate or Diploma | +37% | 9,410 GEL |
| Bachelor's Degree | +29% | 12,100 GEL |
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 salaries by education level for the position Oil Trader in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 6,890 GEL.
Level 2: Certificate or Diploma
At this level, the average salary becomes 9,410 GEL, 37% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 12,100 GEL, 29% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Oil Trader / Tbilisi
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Oil Trader in Georgia, the average difference between the salary of male and female employees is nan%.
| Male | 0 GEL | |
| Female | 0 GEL |
Salary Comparison By Gender in Georgia for all Careers
Average Annual Salary Increment Percentage / Oil Trader / Tbilisi
How much are annual salary increments in Tbilisi for individuals working as Oil Trader? How often do employees get salary raises?
Individuals working as Oil Trader in Georgia are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Georgia / 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 Trader / Georgia
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
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.
Average Hourly Wage / Oil Trader / Tbilisi
50 GEL per hourThe average hourly wage (pay per hour) for individuals working as Oil Trader in Tbilisi is 50 GEL.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 as Oil Trader in Tbilisi is 27 GEL. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Oil / Gas / Energy / Mining |  -100% | |
| Assistant Yard Manager | 6,340 GEL | -27% |
| Associate Analyst | 7,290 GEL | -16% |
| Associate Landman | 3,060 GEL | -65% |
| Auxiliary Equipment Operator | 2,700 GEL | -69% |
| Biomass Plant Technician | 3,090 GEL | -64% |
| Biomass Power Plant Manager | 9,550 GEL |  +10% |
| Carbon Capture and Storage Specialist | 7,400 GEL | -15% |
| Chemical Plant Operator | 5,500 GEL | -37% |
| Chief Contract Compliance Engineer | 7,120 GEL | -18% |
| Chief Renewable Energy Officer | 11,500 GEL | +32% |
| Chief Sustainability Officer | 11,700 GEL | +35% |
| Completions Engineer | 6,520 GEL | -25% |
| Cost Controller | 4,970 GEL | -43% |
| Cost Engineer | 6,540 GEL | -25% |
| Crude Oil Marketing Representative | 6,930 GEL | -20% |
| Deep-sea Mining Engineer | 7,700 GEL | -11% |
| Dispatcher | 2,770 GEL | -68% |
| Distribution Manager | 8,880 GEL | +2% |
| Dragline Operator | 3,040 GEL | -65% |
| Driller Offsider | 2,260 GEL | -74% |
| Dump Truck Driver | 2,490 GEL | -71% |
| Electric and Gas Operations Manager | 14,400 GEL | +66% |
| Energy Advisor | 10,500 GEL | +21% |
| Energy Analyst | 9,120 GEL | +5% |
| Energy Auditor | 7,820 GEL | -10% |
| Energy Dispatch Director | 11,700 GEL | +35% |
| Energy Efficiency Auditor | 6,940 GEL | -20% |
| Energy Efficiency Consultant | 7,930 GEL | -9% |
| Energy Modeler | 6,170 GEL | -29% |
| Energy Policy Analyst | 6,870 GEL | -21% |
| Energy Storage Engineer | 6,920 GEL | -20% |
| Energy Technical Assistant | 4,200 GEL | -52% |
| Energy Technical Manager | 8,060 GEL | -7% |
| Energy Technical Support Manager | 8,200 GEL | -6% |
| Energy Technical Trainer | 5,650 GEL | -35% |
| Engineering Geologist | 12,200 GEL | +40% |
| Exploration Manager | 11,600 GEL | +33% |
| Field Safety Auditor | 7,590 GEL | -13% |
| Fluids Engineer | 6,180 GEL | -29% |
| Fuel Cell Engineer | 7,180 GEL | -17% |
| Fuel Cell Technician | 3,340 GEL | -62% |
| Fuels Handler | 3,000 GEL | -65% |
| Gas Compressor Operator | 3,030 GEL | -65% |
| Gas Distribution Plant Operator | 5,480 GEL | -37% |
| Gas Supply Manager | 9,530 GEL | +10% |
| Geologist | 12,100 GEL | +39% |
| Geophysicist | 11,900 GEL | +37% |
| Geothermal Engineer | 7,600 GEL | -13% |
| Geothermal Production Manager | 11,400 GEL | +31% |
| Geothermal Technician | 4,540 GEL | -48% |
| HSE Engineer | 6,510 GEL | -25% |
| HSE Officer | 3,850 GEL | -56% |
| HSE Supervisor | 4,730 GEL | -46% |
| HSEQ Administrator | 4,780 GEL | -45% |
| Hydrogen Fuel Cell Engineer | 7,680 GEL | -12% |
| Inspector | 6,290 GEL | -28% |
| Instructor | 5,330 GEL | -39% |
| Instrument Designer | 4,900 GEL | -44% |
| Lead Technical Field Advisor | 8,900 GEL | +2% |
| Lithium Ion Battery Engineer | 6,360 GEL | -27% |
| Logistics and Tool Coordinator | 5,490 GEL | -37% |
| Maintenance Engineer | 6,590 GEL | -24% |
| Maintenance Superintendent | 5,630 GEL | -35% |
| Material Controller | 4,250 GEL | -51% |
| Methane Detection and Mitigation Specialist | 6,290 GEL | -28% |
| Mine Engineer | 6,370 GEL | -27% |
| Mine Surveyor | 7,080 GEL | -19% |
| Mining Project Administrator | 5,630 GEL | -35% |
| Mining Project Assistant | 4,580 GEL | -47% |
| Mining Project Controls Consultant | 7,060 GEL | -19% |
| Mining Project Coordinator | 5,860 GEL | -33% |
| Mining Project Engineer | 6,390 GEL | -26% |
| Mining Project Manager | 8,650 GEL | -0% |
| Mining Site Manager | 9,000 GEL | +4% |
| Mining Team Leader | 6,700 GEL | -23% |
| Natural Gas Engineer | 7,450 GEL | -14% |
| NDT Technician | 4,190 GEL | -52% |
| Net Zero Energy Consultant | 8,490 GEL | -2% |
| Oil Service Unit Operator | 3,490 GEL | -60% |
| Oil Trader | 8,690 GEL | = |
| Oilwell Pumper | 2,410 GEL | -72% |
| Petroleum Engineer | 7,490 GEL | -14% |
| Petroleum Geologist | 11,200 GEL | +29% |
| Petroleum Pump System Operator | 3,520 GEL | -59% |
| Petroleum Technician | 3,780 GEL | -57% |
| Photovoltaic Engineer | 7,480 GEL | -14% |
| Pipeline Technician | 2,590 GEL | -70% |
| Power Coordinator | 4,110 GEL | -53% |
| Power Plant Operations Manager | 12,900 GEL | +48% |
| Power Plant Operator | 5,230 GEL | -40% |
| Radio Operator | 2,950 GEL | -66% |
| Reliability Engineer | 6,150 GEL | -29% |
| Renewable Energy Consultant | 9,670 GEL | +11% |
| Renewable Energy Engineer | 7,830 GEL | -10% |
| Renewable Energy Policy Analyst | 7,860 GEL | -10% |
| Reservoir Engineer | 5,970 GEL | -31% |
| Risk Analyst | 7,910 GEL | -9% |
| Roughneck | 6,570 GEL | -24% |
| Scaffolder | 4,310 GEL | -50% |
| Shutdown Engineer | 5,280 GEL | -39% |
| Smart Grid Analyst | 7,110 GEL | -18% |
| Smart Grid Engineer | 7,030 GEL | -19% |
| Solar Energy Installation Manager | 10,100 GEL | +16% |
| Solar Energy Systems Engineer | 6,940 GEL | -20% |
| Solar Photovoltaic Installer | 4,270 GEL | -51% |
| Solar Thermal Technician | 3,950 GEL | -55% |
| Supply Operations Manager | 10,400 GEL | +20% |
| Sustainability Analyst | 8,530 GEL | -2% |
| Sustainability Architect | 8,200 GEL | -6% |
| Sustainability Specialist | 10,600 GEL | +22% |
| Sustainable Energy Consultant | 8,630 GEL | -1% |
| System Development Advisor | 7,560 GEL | -13% |
| Tanker Truck Driver | 2,670 GEL | -69% |
| Unconventional Oil and Gas Engineer | 7,210 GEL | -17% |
| Utility Operator | 3,690 GEL | -58% |
| Waste-to-Energy Specialist | 9,290 GEL | +7% |
| Wind Energy Project Manager | 9,280 GEL | +7% |
| Wind Farm Technician | 4,700 GEL | -46% |
| Wind Turbine Technician | 5,330 GEL | -39% |
Salary Comparison By City
| City | Average Salary |
| Tbilisi | 8,690 GEL |
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 Georgia is 17% on average across all career fields.
| Private Sector | 6,300 GEL | |
| Public Sector | +17% | 7,380 GEL |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Oil Trader in Tbilisi?
A good and competitive compensation would range anywhere between 7,770 GEL and 8,770 GEL. 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 a careers like Oil Trader in Tbilisi ranges from 4,690 GEL to 6,500 GEL. 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
