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Drilling Engineer Average Salary in Kiribati 2021

How much money does a Drilling Engineer make in Kiribati?


Average Monthly Salary
3,610 AUD
( 43,300 AUD yearly)

LOW
1,770
AUD
AVERAGE
3,610
AUD
HIGH
5,630
AUD

A person working as a Drilling Engineer in Kiribati typically earns around 3,610 AUD per month. Salaries range from 1,770 AUD (lowest) to 5,630 AUD (highest).

This is the average monthly salary including housing, transport, and other benefits. Drilling Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Drilling Engineer Salary Distribution in Kiribati

Median and salary distribution monthly Kiribati Drilling Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Drilling Engineer salaries in Kiribati range from 1,770 AUD per month (minimum salary) to 5,630 AUD per month (maximum salary).

  • Median Salary

    The median salary is 3,680 AUD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 3,680 AUD while the other half are earning more than 3,680 AUD. 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 Drilling Engineer(s) are earning less than 2,450 AUD while 75% of them are earning more than 2,450 AUD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 4,750 AUD while 25% are earning more than 4,750 AUD.


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

Drilling Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Kiribati Drilling Engineer
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Drilling Engineer salaries by experience level and this is what we found.

A Drilling Engineer with less than two years of experience makes approximately 2,100 AUD per month.

While someone with an experience level between two and five years is expected to earn 2,700 AUD per month, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 3,720 AUD per month, 38% more than someone with two to five years of experience.

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.

Additionally, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,610 AUD per month, 24% 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 4,940 AUD per month, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 5,260 AUD per month, 7% more than people with fifteen to twenty years of experience.


Drilling Engineer average salary change by experience in Kiribati

0 - 2 Years
2,100 AUD
2 - 5 Years+29%
2,700 AUD
5 - 10 Years+38%
3,720 AUD
10 - 15 Years+24%
4,610 AUD
15 - 20 Years+7%
4,940 AUD
20+ Years+7%
5,260 AUD
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Drilling Engineer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Drilling Engineer(s) who have the same experience but different education levels.

Salary comparison by education level monthly Kiribati Drilling Engineer
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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 Drilling Engineer salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of a Drilling Engineer is 2,700 AUD per month.

While someone with a Bachelor's Degree gets a salary of 3,620 AUD per month, 34% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 5,550 AUD per month, 53% more than someone with a Bachelor's Degree.


Drilling Engineer average salary difference by education level in Kiribati

Certificate or Diploma
2,700 AUD
Bachelor's Degree+34%
3,620 AUD
Master's Degree+53%
5,550 AUD
Percentage increase and decrease are relative to the previous value

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 Kiribati costs anywhere from 19,400 Australian Dollar(s) to 58,200 Australian Dollar(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 the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Drilling Engineer Salary Comparison By Gender

Salary comparison by gender monthly Kiribati Drilling Engineer
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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 Drilling Engineer employees in Kiribati earn 11% more than their female counterparts on average.

Male
3,760 AUD
Female-10%
3,370 AUD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Kiribati for all Careers

Salary comparison by gender monthly Kiribati
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Drilling Engineer Average Annual Salary Increment Percentage in Kiribati

How much are annual salary increments in Kiribati for Drilling Engineer(s)? How often do employees get salary raises?

Drilling Engineer

Drilling Engineer(s) in Kiribati are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Kiribati Drilling Engineer
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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.

Kiribati / 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 Kiribati is 2%.

Annual Increment Rate By Industry 2020

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in Kiribati for the year 2020. 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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Drilling Engineer Bonus and Incentive Rates in Kiribati

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Kiribati Drilling Engineer
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A Drilling Engineer is considered to be a low bonus-based job 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.

87% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 13% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
13%
No Bonus
87%

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.

Drilling Engineer Average Hourly Wage in Kiribati


21 AUD per hour

The average hourly wage (pay per hour) in Kiribati is 21 AUD. This means that the average Drilling Engineer in Kiribati earns approximately 21 AUD 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.

Drilling Engineer VS Other Jobs

Salary Comparison Between Drilling Engineer and Engineering monthly Kiribati
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The average salary for Drilling Engineer is 10% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Acoustics Engineer3,250 AUD-10%
Assembly Engineering Technician2,690 AUD-25%
Assistant Chief Engineer3,950 AUD+9%
Associate Engineer3,060 AUD-15%
Autocad Operator2,190 AUD-39%
Automation Engineer3,710 AUD+3%
Avionic System Support Engineer3,500 AUD-3%
Biochemical Engineer3,370 AUD-7%
BMS Engineer3,360 AUD-7%
Bridge and Lock Tender1,970 AUD-45%
Broadcast Engineer3,400 AUD-6%
CAD Design Engineer3,550 AUD-2%
CAD Designer2,180 AUD-40%
CAE Engineer3,580 AUD-1%
Ceramics Engineer3,270 AUD-9%
Civil Engineer3,740 AUD+4%
Commissioning Engineer3,330 AUD-8%
Communications Engineer3,800 AUD+5%
Condition Monitoring Engineer3,050 AUD-15%
Contract Associate Engineer3,430 AUD-5%
Control Systems Engineer3,320 AUD-8%
Controls Engineer3,330 AUD-8%
Controls Software Engineer3,010 AUD-17%
Corrosion Engineer3,190 AUD-12%
Design Engineer3,750 AUD+4%
Drafter2,200 AUD-39%
Drafting Manager4,090 AUD+13%
Drilling Engineer3,610 AUD+0%
Electrical Draughtsman1,850 AUD-49%
Electrical Engineer3,740 AUD+4%
Electrical Engineering Manager4,950 AUD+37%
Electromechanical Engineering Technologist3,700 AUD+3%
Electromechanical Equipment Assembler1,830 AUD-49%
Energy Engineer3,700 AUD+3%
Engine Assembler1,650 AUD-54%
Engineer3,680 AUD+2%
Engineering Account Manager3,940 AUD+9%
Engineering Chief Designer4,090 AUD+13%
Engineering Consultant4,620 AUD+28%
Engineering Key Account Manager5,170 AUD+43%
Engineering Lab Technician3,270 AUD-9%
Engineering Planning Manager4,880 AUD+35%
Engineering Production Manager6,140 AUD+70%
Engineering Project Analyst4,180 AUD+16%
Engineering Project Coordinator 3,940 AUD+9%
Engineering Project Director6,930 AUD+92%
Engineering Project Manager4,810 AUD+33%
Engineering Research and Development Manager5,920 AUD+64%
Engineering Safety Coordinator2,830 AUD-22%
Engineering Sales Manager4,620 AUD+28%
Engineering Technician2,670 AUD-26%
Engineering Technologist2,740 AUD-24%
Environmental Engineer3,460 AUD-4%
Equipment Engineer3,260 AUD-10%
Equipment Engineering Manager4,760 AUD+32%
Estimator3,150 AUD-13%
Fabrication Specialist2,500 AUD-31%
Fabricator1,630 AUD-55%
Facade Engineer3,320 AUD-8%
Fiber Analyst2,120 AUD-41%
Field Engineer3,800 AUD+5%
Field Engineering Manager6,250 AUD+73%
Fire Engineer3,680 AUD+2%
Fitter and Turner1,190 AUD-67%
Forestry Strategic Planner3,970 AUD+10%
Generation Engineer3,610 AUD+0%
Genetic Engineer3,830 AUD+6%
Geological Engineer3,590 AUD-1%
Geotechnical Engineer3,610 AUD+0%
Heavy Equipment Mechanic1,850 AUD-49%
Highway Engineer3,420 AUD-5%
HSE Professional3,190 AUD-12%
HVAC Engineer3,700 AUD+3%
HVAC Supervisor3,190 AUD-12%
Industrial Engineer3,390 AUD-6%
Industrial Engineering Technologist3,320 AUD-8%
Instrument Engineer3,330 AUD-8%
Instrumentation and Control Engineer3,330 AUD-8%
Instrumentation Engineer3,520 AUD-2%
Instrumentation Manager3,420 AUD-5%
Irrigation Engineer3,460 AUD-4%
Licensed Aircraft Engineer3,860 AUD+7%
Locomotive Engineer3,390 AUD-6%
Maintenance Engineer3,380 AUD-6%
Maintenance Fitter1,300 AUD-64%
Maintenance Manager3,480 AUD-4%
Manufacturing Engineer3,510 AUD-3%
Marine Engineer3,710 AUD+3%
Materials Engineer3,310 AUD-8%
Materials Researcher3,280 AUD-9%
Materials Technician2,660 AUD-26%
Mechanical and Electrical Engineer3,970 AUD+10%
Mechanical Design Engineer3,670 AUD+2%
Mechanical Designer3,000 AUD-17%
Mechanical Engineer3,640 AUD+1%
Mechanical Engineering Manager4,850 AUD+34%
Mechanical Inspector3,440 AUD-5%
Mechatronics Engineer3,850 AUD+7%
Mining Engineer3,360 AUD-7%
Oil and Petrochemical Engineer3,860 AUD+7%
Optical Engineer3,330 AUD-8%
Optical Instrument Assembler1,760 AUD-51%
PCB Assembler1,300 AUD-64%
Photonics Engineer3,880 AUD+8%
Photonics Technician3,200 AUD-11%
Pipeline Engineer3,250 AUD-10%
Piping Designer1,950 AUD-46%
Piping Engineer3,320 AUD-8%
Planning Engineer3,620 AUD+0%
Pressure Vessel Inspector1,660 AUD-54%
Principal Cost Engineer3,430 AUD-5%
Principal Engineer3,420 AUD-5%
Principal Support Engineer3,460 AUD-4%
Process Engineer3,550 AUD-2%
Process Operator2,080 AUD-42%
Product Development Engineer3,770 AUD+4%
Product Development Technician2,460 AUD-32%
Product Engineer3,820 AUD+6%
Product Safety Engineer3,300 AUD-9%
Production Engineer3,560 AUD-1%
Project Engineer3,920 AUD+9%
Proposal Manager4,560 AUD+26%
Purchasing Engineer3,370 AUD-7%
Quality Assurance Engineer3,360 AUD-7%
Rail Engineer3,460 AUD-4%
Robotics Engineer4,160 AUD+15%
Robotics Technician3,040 AUD-16%
Safety Engineer3,480 AUD-4%
Safety Inspector2,670 AUD-26%
Safety Manager4,040 AUD+12%
Safety Officer1,770 AUD-51%
Sales Engineer3,880 AUD+8%
Scheduling Engineer3,250 AUD-10%
Service Engineer3,550 AUD-2%
Solar Engineer3,650 AUD+1%
Staff Engineer3,620 AUD+0%
Static Equipment Engineer3,610 AUD+0%
Stationary Engineer3,360 AUD-7%
Stress Engineer3,290 AUD-9%
Structural Analysis Engineer3,510 AUD-3%
Structural Designer3,110 AUD-14%
Structural Engineer3,560 AUD-1%
Structural Technician2,360 AUD-35%
Supply Chain Specialist3,380 AUD-6%
Surveyor2,780 AUD-23%
Technical Affairs Officer1,880 AUD-48%
Technical Assistant1,760 AUD-51%
Technical Engineer3,080 AUD-15%
Technical Support Engineer3,050 AUD-15%
Tender Engineer3,070 AUD-15%
Test Development Engineer3,430 AUD-5%
Transportation Engineer3,340 AUD-7%
Validation Engineer3,240 AUD-10%
Verification Engineer3,500 AUD-3%
Wastewater Engineer3,570 AUD-1%
Wind Energy Engineer3,640 AUD+1%
Wind Energy Operations Manager4,810 AUD+33%
Work Planner2,490 AUD-31%

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 Kiribati earn 21% more than their private sector counterparts on average across all sectors.

Private Sector
3,530 AUD
Public Sector+21%
4,270 AUD
Percentage increase and decrease are relative to the previous value

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