A person working as a Petroleum Geologist in Nepal typically earns around 128,000 NPR per month. Salaries range from 62,900 NPR (lowest) to 200,000 NPR (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 Nepal range from 62,900 NPR per month (minimum salary) to 200,000 NPR per month (maximum salary).
The median salary is 131,000 NPR per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 131,000 NPR while the other half are earning more than 131,000 NPR. 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 87,300 NPR while 75% of them are earning more than 87,300 NPR. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 169,000 NPR while 25% are earning more than 169,000 NPR.
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 74,600 NPR per month.
While someone with an experience level between two and five years is expected to earn 95,900 NPR 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 132,000 NPR 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 164,000 NPR 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 176,000 NPR 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 187,000 NPR 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 87,700 NPR per month.
While someone with a Master's Degree gets a salary of 121,000 NPR per month, 38% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 198,000 NPR per month, 64% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Nepal costs anywhere from 404,000 Nepalese Rupee(s) to 1,210,000 Nepalese Rupee(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 Nepal earn 9% more than their female counterparts on average.
Petroleum Geologist(s) in Nepal 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 Nepal 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.
60% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 40% 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 77% 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||70,700 NPR||-45%|
|Associate Analyst||80,400 NPR||-37%|
|Associate Landman||33,800 NPR||-74%|
|Auxiliary Equipment Operator||30,500 NPR||-76%|
|Biomass Plant Technician||35,600 NPR||-72%|
|Biomass Power Plant Manager||107,000 NPR||-17%|
|Chemical Plant Operator||61,400 NPR||-52%|
|Chief Contract Compliance Engineer||77,700 NPR||-40%|
|Completions Engineer||67,100 NPR||-48%|
|Cost Controller||53,800 NPR||-58%|
|Crude Oil Marketing Representative||80,400 NPR||-37%|
|Distribution Manager||99,600 NPR||-22%|
|Dragline Operator||35,600 NPR||-72%|
|Driller Offsider||25,500 NPR||-80%|
|Dump Truck Driver||28,300 NPR||-78%|
|Electric and Gas Operations Manager||162,000 NPR||+26%|
|Energy Advisor||111,000 NPR||-14%|
|Energy Analyst||101,000 NPR||-21%|
|Energy Auditor||94,100 NPR||-27%|
|Energy Dispatch Director||129,000 NPR||+0%|
|Energy Technical Assistant||47,600 NPR||-63%|
|Energy Technical Manager||89,800 NPR||-30%|
|Energy Technical Trainer||64,000 NPR||-50%|
|Exploration Manager||124,000 NPR||-3%|
|Field Safety Auditor||78,900 NPR||-39%|
|Fluids Engineer||69,300 NPR||-46%|
|Fuel Cell Engineer||79,600 NPR||-38%|
|Fuel Cell Technician||36,100 NPR||-72%|
|Fuels Handler||34,800 NPR||-73%|
|Gas Compressor Operator||31,700 NPR||-75%|
|Gas Distribution Plant Operator||61,700 NPR||-52%|
|Gas Supply Manager||108,000 NPR||-16%|
|Geothermal Production Manager||131,000 NPR||+2%|
|Geothermal Technician||51,100 NPR||-60%|
|HSE Engineer||73,300 NPR||-43%|
|HSE Officer||46,900 NPR||-63%|
|HSEQ Administrator||50,800 NPR||-60%|
|Instrument Designer||58,900 NPR||-54%|
|Lead Technical Field Advisor||92,400 NPR||-28%|
|Logistics and Tool Coordinator||62,600 NPR||-51%|
|Maintenance Engineer||78,100 NPR||-39%|
|Maintenance Superintendent||65,700 NPR||-49%|
|Material Controller||50,900 NPR||-60%|
|Mine Engineer||68,900 NPR||-46%|
|Mine Surveyor||78,700 NPR||-39%|
|Mining Project Administrator||65,000 NPR||-49%|
|Mining Project Assistant||49,300 NPR||-62%|
|Mining Project Controls Consultant||82,200 NPR||-36%|
|Mining Project Coordinator||65,600 NPR||-49%|
|Mining Project Engineer||72,200 NPR||-44%|
|Mining Project Manager||91,200 NPR||-29%|
|Mining Site Manager||101,000 NPR||-21%|
|Mining Team Leader||77,100 NPR||-40%|
|NDT Technician||43,100 NPR||-66%|
|Oil Service Unit Operator||36,800 NPR||-71%|
|Oil Trader||90,300 NPR||-30%|
|Oilwell Pumper||28,200 NPR||-78%|
|Petroleum Engineer||79,700 NPR||-38%|
|Petroleum Geologist||128,000 NPR||-0%|
|Petroleum Pump System Operator||42,200 NPR||-67%|
|Pipeline Technician||28,900 NPR||-77%|
|Power Coordinator||45,100 NPR||-65%|
|Power Plant Operations Manager||140,000 NPR||+9%|
|Power Plant Operator||59,900 NPR||-53%|
|Radio Operator||32,600 NPR||-75%|
|Reliability Engineer||73,400 NPR||-43%|
|Reservoir Engineer||69,200 NPR||-46%|
|Risk Analyst||93,700 NPR||-27%|
|Shutdown Engineer||60,200 NPR||-53%|
|Solar Energy Installation Manager||106,000 NPR||-17%|
|Solar Energy Systems Engineer||78,100 NPR||-39%|
|Solar Photovoltaic Installer||47,000 NPR||-63%|
|Solar Thermal Technician||47,000 NPR||-63%|
|Supply Operations Manager||114,000 NPR||-11%|
|Sustainability Specialist||123,000 NPR||-4%|
|System Development Advisor||85,400 NPR||-34%|
|Tanker Truck Driver||28,500 NPR||-78%|
|Utility Operator||37,900 NPR||-70%|
|Wind Energy Project Manager||100,000 NPR||-22%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Nepal earn 10% more than their private sector counterparts on average across all sectors.