A person working as a Petroleum Geologist in Spain typically earns around 4,390 EUR per month. Salaries range from 2,280 EUR (lowest) to 6,720 EUR (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 Spain range from 2,280 EUR per month (minimum salary) to 6,720 EUR per month (maximum salary).
The median salary is 4,220 EUR per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 4,220 EUR while the other half are earning more than 4,220 EUR. 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 2,920 EUR while 75% of them are earning more than 2,920 EUR. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 5,250 EUR while 25% are earning more than 5,250 EUR.
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 2,590 EUR per month.
While someone with an experience level between two and five years is expected to earn 3,480 EUR 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 4,520 EUR 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 5,480 EUR 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 5,990 EUR 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 6,300 EUR 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 3,350 EUR per month.
While someone with a Master's Degree gets a salary of 4,150 EUR per month, 24% more than someone having a Bachelor's Degree degree.
A PhD gets its holder an average salary of 6,630 EUR per month, 60% more than someone with a Master's Degree.
A Master's degree program or any post-graduate program in Spain costs anywhere from 13,600 Euro(s) to 40,700 Euro(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 Spain earn 5% more than their female counterparts on average.
Petroleum Geologist(s) in Spain are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 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 Spain 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.
45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% 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 78% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 9% less than those of All Jobs.
|Job Title||Average Salary|
|Assistant Yard Manager||2,510 EUR||-43%|
|Associate Analyst||2,730 EUR||-38%|
|Associate Landman||1,260 EUR||-71%|
|Auxiliary Equipment Operator||1,190 EUR||-73%|
|Biomass Plant Technician||1,340 EUR||-69%|
|Biomass Power Plant Manager||3,470 EUR||-21%|
|Chemical Plant Operator||2,110 EUR||-52%|
|Chief Contract Compliance Engineer||2,820 EUR||-36%|
|Completions Engineer||2,430 EUR||-45%|
|Cost Controller||2,000 EUR||-54%|
|Crude Oil Marketing Representative||2,670 EUR||-39%|
|Distribution Manager||3,650 EUR||-17%|
|Dragline Operator||1,300 EUR||-70%|
|Driller Offsider||1,120 EUR||-74%|
|Dump Truck Driver||1,100 EUR||-75%|
|Electric and Gas Operations Manager||5,970 EUR||+36%|
|Energy Advisor||3,870 EUR||-12%|
|Energy Analyst||3,680 EUR||-16%|
|Energy Auditor||3,280 EUR||-25%|
|Energy Dispatch Director||4,560 EUR||+4%|
|Energy Technical Assistant||1,660 EUR||-62%|
|Energy Technical Manager||3,140 EUR||-28%|
|Energy Technical Trainer||2,330 EUR||-47%|
|Exploration Manager||4,200 EUR||-4%|
|Field Safety Auditor||2,930 EUR||-33%|
|Fluids Engineer||2,600 EUR||-41%|
|Fuel Cell Engineer||2,650 EUR||-40%|
|Fuel Cell Technician||1,370 EUR||-69%|
|Fuels Handler||1,270 EUR||-71%|
|Gas Compressor Operator||1,240 EUR||-72%|
|Gas Distribution Plant Operator||2,140 EUR||-51%|
|Gas Supply Manager||3,700 EUR||-16%|
|Geothermal Production Manager||4,420 EUR||+1%|
|Geothermal Technician||1,940 EUR||-56%|
|HSE Engineer||2,690 EUR||-39%|
|HSE Officer||1,720 EUR||-61%|
|HSEQ Administrator||1,960 EUR||-55%|
|Instrument Designer||2,130 EUR||-51%|
|Lead Technical Field Advisor||3,300 EUR||-25%|
|Logistics and Tool Coordinator||2,180 EUR||-50%|
|Maintenance Engineer||2,590 EUR||-41%|
|Maintenance Superintendent||2,340 EUR||-47%|
|Material Controller||1,820 EUR||-59%|
|Mine Engineer||2,440 EUR||-44%|
|Mine Surveyor||2,910 EUR||-34%|
|Mining Project Administrator||2,230 EUR||-49%|
|Mining Project Assistant||1,840 EUR||-58%|
|Mining Project Controls Consultant||2,800 EUR||-36%|
|Mining Project Coordinator||2,300 EUR||-48%|
|Mining Project Engineer||2,540 EUR||-42%|
|Mining Project Manager||3,320 EUR||-24%|
|Mining Site Manager||3,280 EUR||-25%|
|Mining Team Leader||2,660 EUR||-39%|
|NDT Technician||1,640 EUR||-63%|
|Oil Service Unit Operator||1,500 EUR||-66%|
|Oil Trader||3,330 EUR||-24%|
|Oilwell Pumper||1,070 EUR||-76%|
|Petroleum Engineer||3,030 EUR||-31%|
|Petroleum Geologist||4,390 EUR||-0%|
|Petroleum Pump System Operator||1,550 EUR||-65%|
|Pipeline Technician||1,100 EUR||-75%|
|Power Coordinator||1,650 EUR||-62%|
|Power Plant Operations Manager||4,800 EUR||+9%|
|Power Plant Operator||2,270 EUR||-48%|
|Radio Operator||1,220 EUR||-72%|
|Reliability Engineer||2,580 EUR||-41%|
|Reservoir Engineer||2,320 EUR||-47%|
|Risk Analyst||3,070 EUR||-30%|
|Shutdown Engineer||2,110 EUR||-52%|
|Solar Energy Installation Manager||3,670 EUR||-16%|
|Solar Energy Systems Engineer||2,650 EUR||-40%|
|Solar Photovoltaic Installer||1,760 EUR||-60%|
|Solar Thermal Technician||1,680 EUR||-62%|
|Supply Operations Manager||4,180 EUR||-5%|
|Sustainability Specialist||4,190 EUR||-5%|
|System Development Advisor||2,960 EUR||-33%|
|Tanker Truck Driver||1,170 EUR||-73%|
|Utility Operator||1,470 EUR||-67%|
|Wind Energy Project Manager||3,710 EUR||-16%|
|Las Palmas||4,370 EUR|
|Palma de Mallorca||4,140 EUR|
Where can you get paid more, working for a private company or for the government? Public sector employees in Spain earn 5% more than their private sector counterparts on average across all sectors.