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Petroleum Geologist Average Salary in Papua New Guinea 2021

How much money does a Petroleum Geologist make in Papua New Guinea?


Average Monthly Salary
6,690 PGK
( 80,300 PGK yearly)

LOW
3,080
PGK
AVERAGE
6,690
PGK
HIGH
10,600
PGK

A person working as a Petroleum Geologist in Papua New Guinea typically earns around 6,690 PGK per month. Salaries range from 3,080 PGK (lowest) to 10,600 PGK (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 Papua New Guinea

Median and salary distribution monthly Papua New Guinea Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Papua New Guinea range from 3,080 PGK per month (minimum salary) to 10,600 PGK per month (maximum salary).

  • Median Salary

    The median salary is 7,230 PGK per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 7,230 PGK while the other half are earning more than 7,230 PGK. 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 4,640 PGK while 75% of them are earning more than 4,640 PGK. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 9,650 PGK while 25% are earning more than 9,650 PGK.


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 Papua New Guinea 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 3,500 PGK per month.

While someone with an experience level between two and five years is expected to earn 4,670 PGK 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 6,900 PGK per month, 48% 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 8,410 PGK per month, 22% 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 9,170 PGK 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 9,920 PGK per month, 8% more than people with fifteen to twenty years of experience.


Petroleum Geologist average salary change by experience in Papua New Guinea

0 - 2 Years
3,500 PGK
2 - 5 Years+34%
4,670 PGK
5 - 10 Years+48%
6,900 PGK
10 - 15 Years+22%
8,410 PGK
15 - 20 Years+9%
9,170 PGK
20+ Years+8%
9,920 PGK
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 Papua New Guinea 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 3,990 PGK per month.

While someone with a Master's Degree gets a salary of 6,260 PGK per month, 57% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 10,500 PGK per month, 68% more than someone with a Master's Degree.


Petroleum Geologist average salary difference by education level in Papua New Guinea

Bachelor's Degree
3,990 PGK
Master's Degree+57%
6,260 PGK
PhD+68%
10,500 PGK
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 Papua New Guinea costs anywhere from 20,500 Kina(s) to 61,600 Kina(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 Papua New Guinea 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 Papua New Guinea earn 18% more than their female counterparts on average.

Male
7,250 PGK
Female-15%
6,140 PGK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Papua New Guinea for all Careers

Salary comparison by gender monthly Papua New Guinea
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Petroleum Geologist Average Annual Salary Increment Percentage in Papua New Guinea

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

Petroleum Geologist

Petroleum Geologist(s) in Papua New Guinea are likely to observe a salary increase of approximately 10% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Papua New Guinea 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.

Papua New Guinea / 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 Papua New Guinea is 2%.

Annual Increment Rate By Industry 2020

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Listed above are the average annual increase rates for each industry in Papua New Guinea 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 Papua New Guinea

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Papua New Guinea 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.

57% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 43% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
43%
No Bonus
57%

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 Papua New Guinea


39 PGK per hour

The average hourly wage (pay per hour) in Papua New Guinea is 39 PGK. This means that the average Petroleum Geologist in Papua New Guinea earns approximately 39 PGK 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 Papua New Guinea
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The average salary for Petroleum Geologist is 81% 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 Manager3,590 PGK-46%
Associate Analyst3,960 PGK-41%
Associate Landman1,660 PGK-75%
Auxiliary Equipment Operator1,510 PGK-77%
Biomass Plant Technician1,860 PGK-72%
Biomass Power Plant Manager5,170 PGK-23%
Chemical Plant Operator2,950 PGK-56%
Chief Contract Compliance Engineer3,710 PGK-45%
Completions Engineer3,480 PGK-48%
Cost Controller2,650 PGK-60%
Crude Oil Marketing Representative3,850 PGK-42%
Dispatcher1,550 PGK-77%
Distribution Manager5,190 PGK-22%
Dragline Operator1,820 PGK-73%
Driller Offsider1,280 PGK-81%
Dump Truck Driver1,390 PGK-79%
Electric and Gas Operations Manager8,150 PGK+22%
Energy Advisor5,400 PGK-19%
Energy Analyst5,460 PGK-18%
Energy Auditor4,660 PGK-30%
Energy Dispatch Director6,570 PGK-2%
Energy Technical Assistant2,220 PGK-67%
Energy Technical Manager4,560 PGK-32%
Energy Technical Trainer3,050 PGK-54%
Exploration Manager6,460 PGK-3%
Field Safety Auditor4,220 PGK-37%
Fluids Engineer3,610 PGK-46%
Fuel Cell Engineer3,940 PGK-41%
Fuel Cell Technician1,820 PGK-73%
Fuels Handler1,670 PGK-75%
Gas Compressor Operator1,600 PGK-76%
Gas Distribution Plant Operator2,860 PGK-57%
Gas Supply Manager5,810 PGK-13%
Geologist6,670 PGK-0%
Geophysicist6,440 PGK-4%
Geothermal Production Manager6,110 PGK-9%
Geothermal Technician2,680 PGK-60%
HSE Engineer3,840 PGK-43%
HSE Officer2,260 PGK-66%
HSEQ Administrator2,560 PGK-62%
Inspector3,450 PGK-48%
Instructor2,870 PGK-57%
Instrument Designer2,920 PGK-56%
Lead Technical Field Advisor4,640 PGK-31%
Logistics and Tool Coordinator3,060 PGK-54%
Maintenance Engineer3,890 PGK-42%
Maintenance Superintendent3,230 PGK-52%
Material Controller2,370 PGK-65%
Mine Engineer3,470 PGK-48%
Mine Surveyor4,240 PGK-37%
Mining Project Administrator3,090 PGK-54%
Mining Project Assistant2,470 PGK-63%
Mining Project Controls Consultant4,190 PGK-37%
Mining Project Coordinator3,350 PGK-50%
Mining Project Engineer3,570 PGK-47%
Mining Project Manager4,750 PGK-29%
Mining Site Manager4,870 PGK-27%
Mining Team Leader4,030 PGK-40%
NDT Technician2,240 PGK-67%
Oil Service Unit Operator1,850 PGK-72%
Oil Trader4,840 PGK-28%
Oilwell Pumper1,440 PGK-78%
Petroleum Engineer 4,280 PGK-36%
Petroleum Geologist6,690 PGK-0%
Petroleum Pump System Operator1,960 PGK-71%
Pipeline Technician1,380 PGK-79%
Power Coordinator2,210 PGK-67%
Power Plant Operations Manager6,840 PGK+2%
Power Plant Operator2,950 PGK-56%
Radio Operator1,600 PGK-76%
Reliability Engineer3,750 PGK-44%
Reservoir Engineer3,310 PGK-51%
Risk Analyst4,670 PGK-30%
Roughneck3,790 PGK-43%
Scaffolder2,500 PGK-63%
Shutdown Engineer2,940 PGK-56%
Solar Energy Installation Manager5,320 PGK-21%
Solar Energy Systems Engineer3,630 PGK-46%
Solar Photovoltaic Installer2,450 PGK-63%
Solar Thermal Technician2,260 PGK-66%
Supply Operations Manager5,720 PGK-15%
Sustainability Specialist6,130 PGK-8%
System Development Advisor4,230 PGK-37%
Tanker Truck Driver1,440 PGK-78%
Utility Operator1,970 PGK-71%
Wind Energy Project Manager5,230 PGK-22%

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 Papua New Guinea earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
3,780 PGK
Public Sector+14%
4,310 PGK
Percentage increase and decrease are relative to the previous value

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