A person working as a Petroleum Geologist in Namibia typically earns around 29,400 NAD per month. Salaries range from 15,300 NAD (lowest) to 44,900 NAD (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 Namibia range from 15,300 NAD per month (minimum salary) to 44,900 NAD per month (maximum salary).
The median salary is 28,200 NAD per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 28,200 NAD while the other half are earning more than 28,200 NAD. 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 19,600 NAD while 75% of them are earning more than 19,600 NAD. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 35,100 NAD while 25% are earning more than 35,100 NAD.
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 17,300 NAD per month.
While someone with an experience level between two and five years is expected to earn 23,300 NAD per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 30,200 NAD per month, 30% 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 36,600 NAD per month, 21% 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 40,000 NAD per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 42,100 NAD per month, 5% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+30%|
|10 - 15 Years||+21%|
|15 - 20 Years||+9%|
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 22,400 NAD per month.
While someone with a Master's Degree gets a salary of 27,700 NAD per month, 24% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 44,300 NAD per month, 60% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Namibia costs anywhere from 87,200 Namibia Dollar(s) to 262,000 Namibia 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.
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 Namibia earn 8% more than their female counterparts on average.
Petroleum Geologist(s) in Namibia are likely to observe a salary increase of approximately 9% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 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 Namibia 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.
63% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 37% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% 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 87% 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||15,400 NAD||-48%|
|Associate Analyst||17,200 NAD||-41%|
|Associate Landman||7,240 NAD||-75%|
|Auxiliary Equipment Operator||6,390 NAD||-78%|
|Biomass Plant Technician||7,890 NAD||-73%|
|Biomass Power Plant Manager||21,500 NAD||-27%|
|Chemical Plant Operator||12,700 NAD||-57%|
|Chief Contract Compliance Engineer||16,400 NAD||-44%|
|Completions Engineer||15,800 NAD||-46%|
|Cost Controller||11,500 NAD||-61%|
|Crude Oil Marketing Representative||16,800 NAD||-43%|
|Distribution Manager||22,600 NAD||-23%|
|Dragline Operator||7,370 NAD||-75%|
|Driller Offsider||5,920 NAD||-80%|
|Dump Truck Driver||6,340 NAD||-78%|
|Electric and Gas Operations Manager||37,700 NAD||+28%|
|Energy Advisor||24,900 NAD||-15%|
|Energy Analyst||23,200 NAD||-21%|
|Energy Auditor||19,500 NAD||-34%|
|Energy Dispatch Director||27,000 NAD||-8%|
|Energy Technical Assistant||9,450 NAD||-68%|
|Energy Technical Manager||19,500 NAD||-34%|
|Energy Technical Trainer||13,700 NAD||-53%|
|Exploration Manager||28,700 NAD||-2%|
|Field Safety Auditor||18,900 NAD||-36%|
|Fluids Engineer||15,700 NAD||-47%|
|Fuel Cell Engineer||16,600 NAD||-43%|
|Fuel Cell Technician||8,290 NAD||-72%|
|Fuels Handler||7,270 NAD||-75%|
|Gas Compressor Operator||7,180 NAD||-76%|
|Gas Distribution Plant Operator||12,600 NAD||-57%|
|Gas Supply Manager||24,900 NAD||-15%|
|Geothermal Production Manager||26,200 NAD||-11%|
|Geothermal Technician||11,300 NAD||-62%|
|HSE Engineer||16,200 NAD||-45%|
|HSE Officer||9,340 NAD||-68%|
|HSEQ Administrator||11,600 NAD||-60%|
|Instrument Designer||12,200 NAD||-58%|
|Lead Technical Field Advisor||21,600 NAD||-26%|
|Logistics and Tool Coordinator||14,000 NAD||-52%|
|Maintenance Engineer||15,600 NAD||-47%|
|Maintenance Superintendent||14,300 NAD||-51%|
|Material Controller||10,300 NAD||-65%|
|Mine Engineer||15,800 NAD||-46%|
|Mine Surveyor||18,000 NAD||-39%|
|Mining Project Administrator||14,000 NAD||-52%|
|Mining Project Assistant||11,700 NAD||-60%|
|Mining Project Controls Consultant||17,500 NAD||-40%|
|Mining Project Coordinator||13,900 NAD||-53%|
|Mining Project Engineer||15,100 NAD||-49%|
|Mining Project Manager||21,000 NAD||-28%|
|Mining Site Manager||20,200 NAD||-31%|
|Mining Team Leader||17,100 NAD||-42%|
|NDT Technician||10,200 NAD||-65%|
|Oil Service Unit Operator||8,660 NAD||-71%|
|Oil Trader||21,600 NAD||-26%|
|Oilwell Pumper||5,850 NAD||-80%|
|Petroleum Engineer||18,600 NAD||-37%|
|Petroleum Geologist||29,400 NAD||+0%|
|Petroleum Pump System Operator||8,540 NAD||-71%|
|Pipeline Technician||5,960 NAD||-80%|
|Power Coordinator||9,970 NAD||-66%|
|Power Plant Operations Manager||32,000 NAD||+9%|
|Power Plant Operator||13,000 NAD||-56%|
|Radio Operator||6,980 NAD||-76%|
|Reliability Engineer||15,300 NAD||-48%|
|Reservoir Engineer||14,500 NAD||-51%|
|Risk Analyst||18,700 NAD||-36%|
|Shutdown Engineer||13,500 NAD||-54%|
|Solar Energy Installation Manager||23,900 NAD||-19%|
|Solar Energy Systems Engineer||16,000 NAD||-45%|
|Solar Photovoltaic Installer||10,600 NAD||-64%|
|Solar Thermal Technician||9,580 NAD||-67%|
|Supply Operations Manager||27,200 NAD||-7%|
|Sustainability Specialist||24,300 NAD||-17%|
|System Development Advisor||17,900 NAD||-39%|
|Tanker Truck Driver||6,310 NAD||-79%|
|Utility Operator||8,940 NAD||-70%|
|Wind Energy Project Manager||22,500 NAD||-23%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Namibia earn 7% more than their private sector counterparts on average across all sectors.