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Drilling Engineer Average Salary in Saint Vincent and the Grenadines 2022

How much money does a Drilling Engineer make in Saint Vincent and the Grenadines?

Average Monthly Salary
2,790 XCD
( 33,500 XCD yearly)


A person working as a Drilling Engineer in Saint Vincent and the Grenadines typically earns around 2,790 XCD per month. Salaries range from 1,370 XCD (lowest) to 4,350 XCD (highest).

This is the average monthly salary including housing, transport, and other benefits. Drilling Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Drilling Engineer Salary Distribution in Saint Vincent and the Grenadines

Median and salary distribution monthly Saint Vincent and the Grenadines Drilling Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Drilling Engineer salaries in Saint Vincent and the Grenadines range from 1,370 XCD per month (minimum salary) to 4,350 XCD per month (maximum salary).

  • Median Salary

    The median salary is 2,850 XCD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 2,850 XCD while the other half are earning more than 2,850 XCD. 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 Drilling Engineer(s) are earning less than 1,900 XCD while 75% of them are earning more than 1,900 XCD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 3,670 XCD while 25% are earning more than 3,670 XCD.

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

Drilling Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Saint Vincent and the Grenadines Drilling Engineer
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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 Drilling Engineer salaries by experience level and this is what we found.

A Drilling Engineer with less than two years of experience makes approximately 1,620 XCD per month.

While someone with an experience level between two and five years is expected to earn 2,080 XCD 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 2,880 XCD per month, 38% 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, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 3,560 XCD 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 3,820 XCD 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 4,070 XCD per month, 7% more than people with fifteen to twenty years of experience.

Drilling Engineer average salary change by experience in Saint Vincent and the Grenadines

0 - 2 Years
1,620 XCD
2 - 5 Years+29%
2,080 XCD
5 - 10 Years+38%
2,880 XCD
10 - 15 Years+24%
3,560 XCD
15 - 20 Years+7%
3,820 XCD
20+ Years+7%
4,070 XCD
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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Drilling Engineer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Drilling Engineer(s) who have the same experience but different education levels.

Salary comparison by education level monthly Saint Vincent and the Grenadines Drilling Engineer
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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 Drilling Engineer salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of a Drilling Engineer is 2,080 XCD per month.

While someone with a Bachelor's Degree gets a salary of 2,800 XCD per month, 34% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 4,290 XCD per month, 53% more than someone with a Bachelor's Degree.

Drilling Engineer average salary difference by education level in Saint Vincent and the Grenadines

Certificate or Diploma
2,080 XCD
Bachelor's Degree+34%
2,800 XCD
Master's Degree+53%
4,290 XCD
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 Saint Vincent and the Grenadines costs anywhere from 17,000 East Caribbean Dollar(s) to 50,900 East Caribbean 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.

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Drilling Engineer Salary Comparison By Gender

Salary comparison by gender monthly Saint Vincent and the Grenadines Drilling Engineer
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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 Drilling Engineer employees in Saint Vincent and the Grenadines earn 11% more than their female counterparts on average.

2,910 XCD
2,610 XCD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Saint Vincent and the Grenadines for all Careers

Salary comparison by gender monthly Saint Vincent and the Grenadines
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Drilling Engineer Average Annual Salary Increment Percentage in Saint Vincent and the Grenadines

How much are annual salary increments in Saint Vincent and the Grenadines for Drilling Engineer(s)? How often do employees get salary raises?

Drilling Engineer

Drilling Engineer(s) in Saint Vincent and the Grenadines are likely to observe a salary increase of approximately 6% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Saint Vincent and the Grenadines Drilling Engineer
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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.

Saint Vincent and the Grenadines / 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 Saint Vincent and the Grenadines is 2%.

Annual Increment Rate By Industry 2021

Information Technology

Listed above are the average annual increase rates for each industry in Saint Vincent and the Grenadines for the year 2021. 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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Drilling Engineer Bonus and Incentive Rates in Saint Vincent and the Grenadines

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Saint Vincent and the Grenadines Drilling Engineer
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A Drilling Engineer is considered to be a low 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.

87% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 13% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

Drilling Engineer Average Hourly Wage in Saint Vincent and the Grenadines

16 XCD per hour

The average hourly wage (pay per hour) in Saint Vincent and the Grenadines is 16 XCD. This means that the average Drilling Engineer in Saint Vincent and the Grenadines earns approximately 16 XCD 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.

Drilling Engineer VS Other Jobs

Salary Comparison Between Drilling Engineer and Engineering monthly Saint Vincent and the Grenadines
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The average salary for Drilling Engineer is 3% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Acoustics Engineer2,710 XCD-3%
Assembly Engineering Technician2,130 XCD-24%
Assistant Chief Engineer3,370 XCD+21%
Associate Engineer2,550 XCD-9%
Autocad Operator1,730 XCD-38%
Automation Engineer2,940 XCD+5%
Avionic System Support Engineer2,710 XCD-3%
Biochemical Engineer2,810 XCD+1%
BMS Engineer2,660 XCD-5%
Bridge and Lock Tender1,600 XCD-43%
Broadcast Engineer2,910 XCD+4%
CAD Design Engineer3,030 XCD+9%
CAD Designer1,820 XCD-35%
CAE Engineer2,700 XCD-3%
Ceramics Engineer2,720 XCD-3%
Civil Engineer3,040 XCD+9%
Commissioning Engineer2,920 XCD+5%
Communications Engineer3,170 XCD+14%
Condition Monitoring Engineer2,600 XCD-7%
Contract Associate Engineer2,860 XCD+3%
Control Systems Engineer2,840 XCD+2%
Controls Engineer2,850 XCD+2%
Controls Software Engineer2,510 XCD-10%
Corrosion Engineer2,530 XCD-9%
Design Engineer2,970 XCD+6%
Drafter1,870 XCD-33%
Drafting Manager3,400 XCD+22%
Drilling Engineer2,790 XCD=
Electrical Draughtsman1,430 XCD-49%
Electrical Engineer3,110 XCD+11%
Electrical Engineering Manager4,020 XCD+44%
Electromechanical Engineering Technologist3,160 XCD+13%
Electromechanical Equipment Assembler1,520 XCD-46%
Energy Engineer3,080 XCD+10%
Engine Assembler1,340 XCD-52%
Engineer2,910 XCD+4%
Engineering Account Manager3,370 XCD+21%
Engineering Chief Designer3,320 XCD+19%
Engineering Consultant3,940 XCD+41%
Engineering Key Account Manager4,100 XCD+47%
Engineering Lab Technician2,790 XCD=
Engineering Planning Manager3,960 XCD+42%
Engineering Production Manager5,110 XCD+83%
Engineering Project Analyst3,310 XCD+19%
Engineering Project Coordinator 3,450 XCD+24%
Engineering Project Director5,920 XCD+110%
Engineering Project Manager3,910 XCD+40%
Engineering Research and Development Manager4,800 XCD+72%
Engineering Safety Coordinator2,300 XCD-18%
Engineering Sales Manager3,850 XCD+38%
Engineering Technician2,170 XCD-22%
Engineering Technologist2,230 XCD-20%
Environmental Engineer2,950 XCD+6%
Equipment Engineer2,710 XCD-3%
Equipment Engineering Manager3,870 XCD+39%
Estimator2,560 XCD-8%
Fabrication Specialist1,980 XCD-29%
Fabricator1,260 XCD-55%
Facade Engineer2,910 XCD+4%
Fiber Analyst1,680 XCD-40%
Field Engineer3,010 XCD+8%
Field Engineering Manager4,830 XCD+73%
Fire Engineer2,910 XCD+4%
Fitter and Turner920 XCD-67%
Forestry Strategic Planner3,220 XCD+15%
Generation Engineer2,930 XCD+5%
Genetic Engineer3,190 XCD+14%
Geological Engineer3,070 XCD+10%
Geotechnical Engineer3,010 XCD+8%
Heavy Equipment Mechanic1,540 XCD-45%
Highway Engineer2,780 XCD-0%
HSE Professional2,790 XCD=
HVAC Engineer2,930 XCD+5%
HVAC Supervisor2,660 XCD-5%
Industrial Engineer2,890 XCD+4%
Industrial Engineering Technologist2,760 XCD-1%
Instrument Engineer2,850 XCD+2%
Instrumentation and Control Engineer2,920 XCD+5%
Instrumentation Engineer2,710 XCD-3%
Instrumentation Manager2,850 XCD+2%
Irrigation Engineer2,880 XCD+3%
Licensed Aircraft Engineer2,980 XCD+7%
Locomotive Engineer2,820 XCD+1%
Maintenance Engineer2,740 XCD-2%
Maintenance Fitter1,050 XCD-62%
Maintenance Manager2,820 XCD+1%
Manufacturing Engineer2,780 XCD-0%
Marine Engineer2,860 XCD+3%
Materials Engineer2,760 XCD-1%
Materials Researcher2,660 XCD-5%
Materials Technician2,110 XCD-24%
Mechanical and Electrical Engineer2,990 XCD+7%
Mechanical Design Engineer3,050 XCD+9%
Mechanical Designer2,440 XCD-13%
Mechanical Engineer2,950 XCD+6%
Mechanical Engineering Manager4,240 XCD+52%
Mechanical Inspector2,720 XCD-3%
Mechatronics Engineer2,970 XCD+6%
Mining Engineer2,950 XCD+6%
Oil and Petrochemical Engineer3,220 XCD+15%
Optical Engineer2,710 XCD-3%
Optical Instrument Assembler1,390 XCD-50%
PCB Assembler1,030 XCD-63%
Photonics Engineer3,230 XCD+16%
Photonics Technician2,600 XCD-7%
Pipeline Engineer2,570 XCD-8%
Piping Designer1,500 XCD-46%
Piping Engineer2,500 XCD-10%
Planning Engineer2,790 XCD=
Pressure Vessel Inspector1,380 XCD-51%
Principal Cost Engineer2,860 XCD+3%
Principal Engineer2,920 XCD+5%
Principal Support Engineer2,890 XCD+4%
Process Engineer2,880 XCD+3%
Process Operator1,770 XCD-37%
Product Development Engineer2,990 XCD+7%
Product Development Technician2,050 XCD-27%
Product Engineer2,950 XCD+6%
Product Safety Engineer2,750 XCD-1%
Production Engineer2,750 XCD-1%
Project Engineer2,960 XCD+6%
Proposal Manager3,610 XCD+29%
Purchasing Engineer2,600 XCD-7%
Quality Assurance Engineer2,730 XCD-2%
Rail Engineer3,030 XCD+9%
Robotics Engineer3,290 XCD+18%
Robotics Technician2,350 XCD-16%
Safety Engineer2,970 XCD+6%
Safety Inspector2,330 XCD-16%
Safety Manager3,540 XCD+27%
Safety Officer1,510 XCD-46%
Sales Engineer2,920 XCD+5%
Scheduling Engineer2,640 XCD-5%
Service Engineer3,110 XCD+11%
Solar Engineer3,120 XCD+12%
Staff Engineer2,860 XCD+3%
Static Equipment Engineer2,790 XCD=
Stationary Engineer2,530 XCD-9%
Stress Engineer2,740 XCD-2%
Structural Analysis Engineer2,850 XCD+2%
Structural Designer2,530 XCD-9%
Structural Engineer2,820 XCD+1%
Structural Technician1,820 XCD-35%
Supply Chain Specialist2,880 XCD+3%
Surveyor2,260 XCD-19%
Technical Affairs Officer1,490 XCD-47%
Technical Assistant1,430 XCD-49%
Technical Engineer2,440 XCD-13%
Technical Support Engineer2,600 XCD-7%
Tender Engineer2,490 XCD-11%
Test Development Engineer2,930 XCD+5%
Transportation Engineer2,780 XCD-0%
Validation Engineer2,500 XCD-10%
Verification Engineer2,840 XCD+2%
Wastewater Engineer2,690 XCD-4%
Wind Energy Engineer2,810 XCD+1%
Wind Energy Operations Manager4,000 XCD+43%
Work Planner2,070 XCD-26%

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 Saint Vincent and the Grenadines earn 10% more than their private sector counterparts on average across all sectors.

Private Sector
3,290 XCD
Public Sector+10%
3,630 XCD
Percentage increase and decrease are relative to the previous value

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