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 salaries in Mexico range from 26,900 MXN per month (minimum salary) to 85,500 MXN per month (maximum 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.
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.
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
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.
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.
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
|Job Title||Average Salary|
|Assistant Yard Manager||30,100 MXN||-45%|
|Associate Analyst||34,800 MXN||-37%|
|Associate Landman||14,600 MXN||-73%|
|Auxiliary Equipment Operator||12,700 MXN||-77%|
|Biomass Plant Technician||15,500 MXN||-72%|
|Biomass Power Plant Manager||41,800 MXN||-24%|
|Chemical Plant Operator||25,900 MXN||-53%|
|Chief Contract Compliance Engineer||31,000 MXN||-43%|
|Completions Engineer||28,100 MXN||-49%|
|Cost Controller||22,500 MXN||-59%|
|Crude Oil Marketing Representative||33,000 MXN||-40%|
|Distribution Manager||41,000 MXN||-25%|
|Dragline Operator||13,900 MXN||-75%|
|Driller Offsider||10,800 MXN||-80%|
|Dump Truck Driver||11,700 MXN||-79%|
|Electric and Gas Operations Manager||69,000 MXN||+26%|
|Energy Advisor||47,400 MXN||-14%|
|Energy Analyst||43,800 MXN||-20%|
|Energy Auditor||40,100 MXN||-27%|
|Energy Dispatch Director||54,000 MXN||-2%|
|Energy Technical Assistant||19,500 MXN||-64%|
|Energy Technical Manager||38,300 MXN||-30%|
|Energy Technical Trainer||27,400 MXN||-50%|
|Exploration Manager||51,500 MXN||-6%|
|Field Safety Auditor||35,900 MXN||-35%|
|Fluids Engineer||28,500 MXN||-48%|
|Fuel Cell Engineer||31,900 MXN||-42%|
|Fuel Cell Technician||15,800 MXN||-71%|
|Fuels Handler||14,300 MXN||-74%|
|Gas Compressor Operator||12,900 MXN||-76%|
|Gas Distribution Plant Operator||24,800 MXN||-55%|
|Gas Supply Manager||48,400 MXN||-12%|
|Geothermal Production Manager||50,400 MXN||-8%|
|Geothermal Technician||21,500 MXN||-61%|
|HSE Engineer||30,800 MXN||-44%|
|HSE Officer||19,500 MXN||-64%|
|HSEQ Administrator||21,400 MXN||-61%|
|Instrument Designer||25,100 MXN||-54%|
|Lead Technical Field Advisor||40,700 MXN||-26%|
|Logistics and Tool Coordinator||25,900 MXN||-53%|
|Maintenance Engineer||32,800 MXN||-40%|
|Maintenance Superintendent||28,700 MXN||-48%|
|Material Controller||21,000 MXN||-62%|
|Mine Engineer||30,100 MXN||-45%|
|Mine Surveyor||34,000 MXN||-38%|
|Mining Project Administrator||26,100 MXN||-52%|
|Mining Project Assistant||21,200 MXN||-61%|
|Mining Project Controls Consultant||34,800 MXN||-37%|
|Mining Project Coordinator||25,800 MXN||-53%|
|Mining Project Engineer||30,000 MXN||-45%|
|Mining Project Manager||40,300 MXN||-27%|
|Mining Site Manager||39,300 MXN||-28%|
|Mining Team Leader||33,500 MXN||-39%|
|NDT Technician||18,000 MXN||-67%|
|Oil Service Unit Operator||15,200 MXN||-72%|
|Oil Trader||41,100 MXN||-25%|
|Oilwell Pumper||11,000 MXN||-80%|
|Petroleum Engineer||34,700 MXN||-37%|
|Petroleum Geologist||54,800 MXN||-0%|
|Petroleum Pump System Operator||17,400 MXN||-68%|
|Pipeline Technician||12,200 MXN||-78%|
|Power Coordinator||19,200 MXN||-65%|
|Power Plant Operations Manager||58,500 MXN||+7%|
|Power Plant Operator||25,300 MXN||-54%|
|Radio Operator||14,100 MXN||-74%|
|Reliability Engineer||29,700 MXN||-46%|
|Reservoir Engineer||28,400 MXN||-48%|
|Risk Analyst||39,300 MXN||-28%|
|Shutdown Engineer||24,900 MXN||-55%|
|Solar Energy Installation Manager||42,900 MXN||-22%|
|Solar Energy Systems Engineer||31,400 MXN||-43%|
|Solar Photovoltaic Installer||20,600 MXN||-62%|
|Solar Thermal Technician||18,400 MXN||-66%|
|Supply Operations Manager||50,900 MXN||-7%|
|Sustainability Specialist||49,800 MXN||-9%|
|System Development Advisor||35,500 MXN||-35%|
|Tanker Truck Driver||12,300 MXN||-78%|
|Utility Operator||15,900 MXN||-71%|
|Wind Energy Project Manager||42,400 MXN||-23%|
|Boca del Rio||48,800 MXN|
|Cholula de Rivadabia||51,200 MXN|
|Ciudad Apodaca||61,100 MXN|
|Ciudad del Carmen||51,500 MXN|
|Ciudad Juarez||49,700 MXN|
|Ciudad Lopez Mateos||63,900 MXN|
|Ciudad Obregon||60,800 MXN|
|Ciudad Santa Catarina||54,500 MXN|
|Ciudad Valles||46,400 MXN|
|Ciudad Victoria||56,000 MXN|
|Cuautitlan Izcalli||61,000 MXN|
|Ecatepec de Morelos||74,900 MXN|
|General Escobedo||57,000 MXN|
|Gomez Palacio||55,000 MXN|
|Hidalgo del Parral||42,900 MXN|
|La Paz||55,000 MXN|
|Los Mochis||58,700 MXN|
|Los Reyes la Paz||54,100 MXN|
|Mexico City||69,600 MXN|
|Nuevo Laredo||58,500 MXN|
|Ojo de Agua||52,200 MXN|
|Piedras Negras||45,000 MXN|
|Playa del Carmen||46,000 MXN|
|Poza Rica||48,800 MXN|
|Puerto Vallarta||51,900 MXN|
|San Cristobal de las Casas||49,000 MXN|
|San Juan del Rio||44,800 MXN|
|San Luis Potosi||66,800 MXN|
|San Luis Rio Colorado||49,600 MXN|
|San Nicolas de los Garza||64,400 MXN|
|San Pablo de las Salinas||51,300 MXN|
|San Pedro Garza Garcia||43,800 MXN|
|Soledad de Graciano Sanchez||55,500 MXN|
|Tlalnepantla de Baz||64,000 MXN|
|Tuxtla Gutierrez||63,200 MXN|
|Villa Nicolas Romero||57,100 MXN|
|Zamora de Hidalgo||46,400 MXN|
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.