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Petroleum Geologist Average Salary in Mexico 2021

How much money does a Petroleum Geologist make in Mexico?


Average Monthly Salary
54,800 MXN
( 658,000 MXN yearly)

LOW
26,900
MXN
AVERAGE
54,800
MXN
HIGH
85,500
MXN

A person working as a Petroleum Geologist in Mexico typically earns around 54,800 MXN per month. Salaries range from 26,900 MXN (lowest) to 85,500 MXN (highest).

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

Petroleum Geologist Salary Distribution in Mexico

Median and salary distribution monthly Mexico Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Mexico range from 26,900 MXN per month (minimum salary) to 85,500 MXN per month (maximum salary).

  • Median Salary

    The median salary is 55,900 MXN per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 55,900 MXN while the other half are earning more than 55,900 MXN. 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 Petroleum Geologist(s) are earning less than 37,300 MXN while 75% of them are earning more than 37,300 MXN. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 72,200 MXN while 25% are earning more than 72,200 MXN.


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

Petroleum Geologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Mexico Petroleum Geologist
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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 Petroleum Geologist salaries by experience level and this is what we found.

A Petroleum Geologist with less than two years of experience makes approximately 31,900 MXN per month.

While someone with an experience level between two and five years is expected to earn 41,000 MXN 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 56,500 MXN 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, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 70,000 MXN 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 75,000 MXN 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 80,000 MXN per month, 7% more than people with fifteen to twenty years of experience.


Petroleum Geologist average salary change by experience in Mexico

0 - 2 Years
31,900 MXN
2 - 5 Years+29%
41,000 MXN
5 - 10 Years+38%
56,500 MXN
10 - 15 Years+24%
70,000 MXN
15 - 20 Years+7%
75,000 MXN
20+ Years+7%
80,000 MXN
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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Petroleum Geologist Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Mexico Petroleum Geologist
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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 Petroleum Geologist salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Petroleum Geologist is 37,400 MXN per month.

While someone with a Master's Degree gets a salary of 51,500 MXN per month, 38% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 84,400 MXN per month, 64% more than someone with a Master's Degree.


Petroleum Geologist average salary difference by education level in Mexico

Bachelor's Degree
37,400 MXN
Master's Degree+38%
51,500 MXN
PhD+64%
84,400 MXN
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 Mexico costs anywhere from 166,000 Mexican Peso(s) to 498,000 Mexican Peso(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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Petroleum Geologist Salary Comparison By Gender

Salary comparison by gender monthly Mexico Petroleum Geologist
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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 Petroleum Geologist employees in Mexico earn 10% more than their female counterparts on average.

Male
56,900 MXN
Female-9%
51,700 MXN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Mexico for all Careers

Salary comparison by gender monthly Mexico
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Petroleum Geologist Average Annual Salary Increment Percentage in Mexico

How much are annual salary increments in Mexico for Petroleum Geologist(s)? How often do employees get salary raises?

Petroleum Geologist

Petroleum Geologist(s) in Mexico are likely to observe a salary increase of approximately 13% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Mexico Petroleum Geologist
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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.

Mexico / 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 Mexico is 5%.

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 Mexico 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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Petroleum Geologist Bonus and Incentive Rates in Mexico

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mexico Petroleum Geologist
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A Petroleum Geologist is considered to be a moderate 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.

43% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 57% 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
57%
No Bonus
43%

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.

Petroleum Geologist Average Hourly Wage in Mexico


320 MXN per hour

The average hourly wage (pay per hour) in Mexico is 320 MXN. This means that the average Petroleum Geologist in Mexico earns approximately 320 MXN 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.

Petroleum Geologist VS Other Jobs

Salary Comparison Between Petroleum Geologist and Oil  / Gas / Energy / Mining monthly Mexico
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The average salary for Petroleum Geologist is 83% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager30,100 MXN-45%
Associate Analyst34,800 MXN-37%
Associate Landman14,600 MXN-73%
Auxiliary Equipment Operator12,700 MXN-77%
Biomass Plant Technician15,500 MXN-72%
Biomass Power Plant Manager41,800 MXN-24%
Chemical Plant Operator25,900 MXN-53%
Chief Contract Compliance Engineer31,000 MXN-43%
Completions Engineer28,100 MXN-49%
Cost Controller22,500 MXN-59%
Crude Oil Marketing Representative33,000 MXN-40%
Dispatcher13,500 MXN-75%
Distribution Manager41,000 MXN-25%
Dragline Operator13,900 MXN-75%
Driller Offsider10,800 MXN-80%
Dump Truck Driver11,700 MXN-79%
Electric and Gas Operations Manager69,000 MXN+26%
Energy Advisor47,400 MXN-14%
Energy Analyst43,800 MXN-20%
Energy Auditor40,100 MXN-27%
Energy Dispatch Director54,000 MXN-2%
Energy Technical Assistant19,500 MXN-64%
Energy Technical Manager38,300 MXN-30%
Energy Technical Trainer27,400 MXN-50%
Exploration Manager51,500 MXN-6%
Field Safety Auditor35,900 MXN-35%
Fluids Engineer28,500 MXN-48%
Fuel Cell Engineer31,900 MXN-42%
Fuel Cell Technician15,800 MXN-71%
Fuels Handler14,300 MXN-74%
Gas Compressor Operator12,900 MXN-76%
Gas Distribution Plant Operator24,800 MXN-55%
Gas Supply Manager48,400 MXN-12%
Geologist53,900 MXN-2%
Geophysicist55,100 MXN+0%
Geothermal Production Manager50,400 MXN-8%
Geothermal Technician21,500 MXN-61%
HSE Engineer30,800 MXN-44%
HSE Officer19,500 MXN-64%
HSEQ Administrator21,400 MXN-61%
Inspector29,400 MXN-46%
Instructor24,600 MXN-55%
Instrument Designer25,100 MXN-54%
Lead Technical Field Advisor40,700 MXN-26%
Logistics and Tool Coordinator25,900 MXN-53%
Maintenance Engineer32,800 MXN-40%
Maintenance Superintendent28,700 MXN-48%
Material Controller21,000 MXN-62%
Mine Engineer30,100 MXN-45%
Mine Surveyor34,000 MXN-38%
Mining Project Administrator26,100 MXN-52%
Mining Project Assistant21,200 MXN-61%
Mining Project Controls Consultant34,800 MXN-37%
Mining Project Coordinator25,800 MXN-53%
Mining Project Engineer30,000 MXN-45%
Mining Project Manager40,300 MXN-27%
Mining Site Manager39,300 MXN-28%
Mining Team Leader33,500 MXN-39%
NDT Technician18,000 MXN-67%
Oil Service Unit Operator15,200 MXN-72%
Oil Trader41,100 MXN-25%
Oilwell Pumper11,000 MXN-80%
Petroleum Engineer 34,700 MXN-37%
Petroleum Geologist54,800 MXN-0%
Petroleum Pump System Operator17,400 MXN-68%
Pipeline Technician12,200 MXN-78%
Power Coordinator19,200 MXN-65%
Power Plant Operations Manager58,500 MXN+7%
Power Plant Operator25,300 MXN-54%
Radio Operator14,100 MXN-74%
Reliability Engineer29,700 MXN-46%
Reservoir Engineer28,400 MXN-48%
Risk Analyst39,300 MXN-28%
Roughneck31,400 MXN-43%
Scaffolder20,300 MXN-63%
Shutdown Engineer24,900 MXN-55%
Solar Energy Installation Manager42,900 MXN-22%
Solar Energy Systems Engineer31,400 MXN-43%
Solar Photovoltaic Installer20,600 MXN-62%
Solar Thermal Technician18,400 MXN-66%
Supply Operations Manager50,900 MXN-7%
Sustainability Specialist49,800 MXN-9%
System Development Advisor35,500 MXN-35%
Tanker Truck Driver12,300 MXN-78%
Utility Operator15,900 MXN-71%
Wind Energy Project Manager42,400 MXN-23%

Salary Comparison By City

CityAverage Salary
Acapulco68,800 MXN
Acuna52,300 MXN
Aguascalientes71,100 MXN
Boca del Rio48,800 MXN
Buenavista54,200 MXN
Campeche52,900 MXN
Cancun64,200 MXN
Celaya61,300 MXN
Chalco50,600 MXN
Chetumal47,800 MXN
Chicoloapan51,900 MXN
Chihuahua67,700 MXN
Chilpancingo52,300 MXN
Chimalhuacan68,400 MXN
Cholula de Rivadabia51,200 MXN
Ciudad Apodaca61,100 MXN
Ciudad del Carmen51,500 MXN
Ciudad Juarez49,700 MXN
Ciudad Lopez Mateos63,900 MXN
Ciudad Obregon60,800 MXN
Ciudad Santa Catarina54,500 MXN
Ciudad Valles46,400 MXN
Ciudad Victoria56,000 MXN
Coacalco57,000 MXN
Coatzacoalcos53,900 MXN
Colima44,500 MXN
Cordoba44,900 MXN
Cuautitlan Izcalli61,000 MXN
Cuautla45,400 MXN
Cuernavaca58,000 MXN
Culiacan67,400 MXN
Delicias44,200 MXN
Durango61,000 MXN
Ecatepec de Morelos74,900 MXN
Ensenada56,600 MXN
Fresnillo44,000 MXN
General Escobedo57,000 MXN
Gomez Palacio55,000 MXN
Guadalajara72,400 MXN
Guadalupe68,100 MXN
Guaymas44,600 MXN
Hermosillo66,800 MXN
Hidalgo del Parral42,900 MXN
Iguala46,100 MXN
Irapuato63,500 MXN
Ixtapaluca59,700 MXN
Jiutepec48,300 MXN
La Paz55,000 MXN
Leon69,300 MXN
Los Mochis58,700 MXN
Los Reyes la Paz54,100 MXN
Manzanillo43,900 MXN
Matamoros62,300 MXN
Mazatlan60,100 MXN
Merida64,800 MXN
Metepec52,000 MXN
Mexicali68,100 MXN
Mexico City69,600 MXN
Minatitlan43,800 MXN
Monclova51,000 MXN
Monterrey70,700 MXN
Morelia65,400 MXN
Naucalpan69,000 MXN
Navojoa40,900 MXN
Nezahualcoyotl66,400 MXN
Nogales49,500 MXN
Nuevo Laredo58,500 MXN
Oaxaca56,900 MXN
Ojo de Agua52,200 MXN
Orizaba41,500 MXN
Pachuca55,900 MXN
Piedras Negras45,000 MXN
Playa del Carmen46,000 MXN
Poza Rica48,800 MXN
Puebla70,500 MXN
Puerto Vallarta51,900 MXN
Queretaro62,400 MXN
Reynosa65,500 MXN
Salamanca48,700 MXN
Saltillo65,000 MXN
San Cristobal de las Casas49,000 MXN
San Juan del Rio44,800 MXN
San Luis Potosi66,800 MXN
San Luis Rio Colorado49,600 MXN
San Nicolas de los Garza64,400 MXN
San Pablo de las Salinas51,300 MXN
San Pedro Garza Garcia43,800 MXN
Soledad de Graciano Sanchez55,500 MXN
Tampico58,000 MXN
Tapachula50,300 MXN
Tehuacan55,900 MXN
Tepic57,600 MXN
Tijuana68,000 MXN
Tlalnepantla de Baz64,000 MXN
Tlaquepaque64,300 MXN
Toluca61,600 MXN
Tonala62,300 MXN
Torreon66,600 MXN
Tuxtla Gutierrez63,200 MXN
Uruapan53,000 MXN
Veracruz63,400 MXN
Villa Nicolas Romero57,100 MXN
Villahermosa60,700 MXN
Xalapa64,600 MXN
Xico57,000 MXN
Zacatecas46,200 MXN
Zamora de Hidalgo46,400 MXN
Zapopan72,000 MXN

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

Private Sector
31,900 MXN
Public Sector+9%
34,600 MXN
Percentage increase and decrease are relative to the previous value

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