A person working as a Petroleum Geologist in Philippines typically earns around 73,900 PHP per month. Salaries range from 34,000 PHP (lowest) to 117,000 PHP (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 Philippines range from 34,000 PHP per month (minimum salary) to 117,000 PHP per month (maximum salary).
The median salary is 79,800 PHP per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 79,800 PHP while the other half are earning more than 79,800 PHP. 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 51,200 PHP while 75% of them are earning more than 51,200 PHP. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 106,000 PHP while 25% are earning more than 106,000 PHP.
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 38,600 PHP per month.
While someone with an experience level between two and five years is expected to earn 51,500 PHP 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 76,100 PHP per month, 48% 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 92,800 PHP 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 101,000 PHP 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 110,000 PHP per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|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 44,000 PHP per month.
While someone with a Master's Degree gets a salary of 69,000 PHP per month, 57% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 116,000 PHP per month, 68% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Philippines costs anywhere from 223,000 Philippine Peso(s) to 669,000 Philippine 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 Philippines earn 15% more than their female counterparts on average.
Petroleum Geologist(s) in Philippines 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 Philippines 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.
41% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 59% 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.
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 84% 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||36,700 PHP||-50%|
|Associate Analyst||43,600 PHP||-41%|
|Associate Landman||18,300 PHP||-75%|
|Auxiliary Equipment Operator||15,600 PHP||-79%|
|Biomass Plant Technician||20,400 PHP||-72%|
|Biomass Power Plant Manager||57,000 PHP||-23%|
|Chemical Plant Operator||32,600 PHP||-56%|
|Chief Contract Compliance Engineer||39,600 PHP||-46%|
|Completions Engineer||38,600 PHP||-48%|
|Cost Controller||28,000 PHP||-62%|
|Crude Oil Marketing Representative||41,800 PHP||-43%|
|Distribution Manager||55,000 PHP||-26%|
|Dragline Operator||18,100 PHP||-75%|
|Driller Offsider||13,800 PHP||-81%|
|Dump Truck Driver||15,000 PHP||-80%|
|Electric and Gas Operations Manager||87,800 PHP||+19%|
|Energy Advisor||61,200 PHP||-17%|
|Energy Analyst||57,200 PHP||-23%|
|Energy Auditor||49,000 PHP||-34%|
|Energy Dispatch Director||71,000 PHP||-4%|
|Energy Technical Assistant||24,800 PHP||-66%|
|Energy Technical Manager||46,700 PHP||-37%|
|Energy Technical Trainer||35,300 PHP||-52%|
|Exploration Manager||70,000 PHP||-5%|
|Field Safety Auditor||43,700 PHP||-41%|
|Fluids Engineer||38,300 PHP||-48%|
|Fuel Cell Engineer||43,100 PHP||-42%|
|Fuel Cell Technician||20,000 PHP||-73%|
|Fuels Handler||18,100 PHP||-75%|
|Gas Compressor Operator||17,800 PHP||-76%|
|Gas Distribution Plant Operator||32,100 PHP||-57%|
|Gas Supply Manager||63,400 PHP||-14%|
|Geothermal Production Manager||71,000 PHP||-4%|
|Geothermal Technician||28,300 PHP||-62%|
|HSE Engineer||40,500 PHP||-45%|
|HSE Officer||23,900 PHP||-68%|
|HSEQ Administrator||27,000 PHP||-63%|
|Instrument Designer||30,700 PHP||-58%|
|Lead Technical Field Advisor||52,100 PHP||-29%|
|Logistics and Tool Coordinator||33,200 PHP||-55%|
|Maintenance Engineer||39,000 PHP||-47%|
|Maintenance Superintendent||36,300 PHP||-51%|
|Material Controller||27,000 PHP||-63%|
|Mine Engineer||38,100 PHP||-48%|
|Mine Surveyor||44,400 PHP||-40%|
|Mining Project Administrator||33,800 PHP||-54%|
|Mining Project Assistant||27,300 PHP||-63%|
|Mining Project Controls Consultant||46,300 PHP||-37%|
|Mining Project Coordinator||34,200 PHP||-54%|
|Mining Project Engineer||36,800 PHP||-50%|
|Mining Project Manager||49,400 PHP||-33%|
|Mining Site Manager||53,700 PHP||-27%|
|Mining Team Leader||44,300 PHP||-40%|
|NDT Technician||24,800 PHP||-66%|
|Oil Service Unit Operator||21,600 PHP||-71%|
|Oil Trader||50,000 PHP||-32%|
|Oilwell Pumper||14,400 PHP||-81%|
|Petroleum Engineer||45,900 PHP||-38%|
|Petroleum Geologist||73,900 PHP||+0%|
|Petroleum Pump System Operator||22,400 PHP||-70%|
|Pipeline Technician||15,300 PHP||-79%|
|Power Coordinator||24,500 PHP||-67%|
|Power Plant Operations Manager||76,100 PHP||+3%|
|Power Plant Operator||31,800 PHP||-57%|
|Radio Operator||17,600 PHP||-76%|
|Reliability Engineer||39,000 PHP||-47%|
|Reservoir Engineer||36,000 PHP||-51%|
|Risk Analyst||46,800 PHP||-37%|
|Shutdown Engineer||32,000 PHP||-57%|
|Solar Energy Installation Manager||59,500 PHP||-19%|
|Solar Energy Systems Engineer||40,700 PHP||-45%|
|Solar Photovoltaic Installer||24,900 PHP||-66%|
|Solar Thermal Technician||25,400 PHP||-66%|
|Supply Operations Manager||65,800 PHP||-11%|
|Sustainability Specialist||65,200 PHP||-12%|
|System Development Advisor||43,500 PHP||-41%|
|Tanker Truck Driver||15,100 PHP||-80%|
|Utility Operator||21,800 PHP||-70%|
|Wind Energy Project Manager||56,500 PHP||-24%|
|Cagayan de Oro||71,800 PHP|
|Las Pinas||70,900 PHP|
|Quezon City||88,900 PHP|
Where can you get paid more, working for a private company or for the government? Public sector employees in Philippines earn 12% more than their private sector counterparts on average across all sectors.