A person working as a Drilling Engineer in Trinidad and Tobago typically earns around 8,210 TTD per month. Salaries range from 3,780 TTD (lowest) to 13,100 TTD (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 salaries in Trinidad and Tobago range from 3,780 TTD per month (minimum salary) to 13,100 TTD per month (maximum salary).
The median salary is 8,870 TTD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 8,870 TTD while the other half are earning more than 8,870 TTD. 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 Drilling Engineer(s) are earning less than 5,690 TTD while 75% of them are earning more than 5,690 TTD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 11,800 TTD while 25% are earning more than 11,800 TTD.
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 Drilling Engineer salaries by experience level and this is what we found.
A Drilling Engineer with less than two years of experience makes approximately 4,290 TTD per month.
While someone with an experience level between two and five years is expected to earn 5,730 TTD 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 8,460 TTD per month, 48% more than someone with two to five years of experience.
Additionally, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 10,300 TTD 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 11,200 TTD 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 12,200 TTD 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 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 4,890 TTD per month.
While someone with a Bachelor's Degree gets a salary of 7,670 TTD per month, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 12,900 TTD per month, 68% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Trinidad and Tobago costs anywhere from 48,800 Trinidad and Tobago Dollar(s) to 147,000 Trinidad and Tobago 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.
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 Trinidad and Tobago earn 9% more than their female counterparts on average.
Drilling Engineer(s) in Trinidad and Tobago are likely to observe a salary increase of approximately 7% 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 Trinidad and Tobago 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 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.
84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% 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.
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 Drilling Engineer is 0% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||8,230 TTD||+0%|
|Assembly Engineering Technician||6,530 TTD||-20%|
|Assistant Chief Engineer||9,660 TTD||+18%|
|Associate Engineer||8,100 TTD||-1%|
|Autocad Operator||5,310 TTD||-35%|
|Automation Engineer||9,540 TTD||+16%|
|Avionic System Support Engineer||8,430 TTD||+3%|
|Biochemical Engineer||8,570 TTD||+4%|
|BMS Engineer||8,590 TTD||+5%|
|Bridge and Lock Tender||4,620 TTD||-44%|
|Broadcast Engineer||9,010 TTD||+10%|
|CAD Design Engineer||9,520 TTD||+16%|
|CAD Designer||5,320 TTD||-35%|
|CAE Engineer||9,000 TTD||+10%|
|Ceramics Engineer||8,060 TTD||-2%|
|Civil Engineer||9,280 TTD||+13%|
|Commissioning Engineer||8,770 TTD||+7%|
|Communications Engineer||9,170 TTD||+12%|
|Condition Monitoring Engineer||7,470 TTD||-9%|
|Contract Associate Engineer||8,730 TTD||+6%|
|Control Systems Engineer||9,120 TTD||+11%|
|Controls Engineer||8,670 TTD||+6%|
|Controls Software Engineer||7,540 TTD||-8%|
|Corrosion Engineer||7,750 TTD||-6%|
|Design Engineer||9,370 TTD||+14%|
|Drafting Manager||10,200 TTD||+24%|
|Drilling Engineer||8,210 TTD||-0%|
|Electrical Draughtsman||4,320 TTD||-47%|
|Electrical Engineer||9,470 TTD||+15%|
|Electrical Engineering Manager||12,600 TTD||+53%|
|Electromechanical Engineering Technologist||9,910 TTD||+21%|
|Electromechanical Equipment Assembler||4,460 TTD||-46%|
|Energy Engineer||9,330 TTD||+14%|
|Engine Assembler||4,000 TTD||-51%|
|Engineering Account Manager||10,000 TTD||+22%|
|Engineering Chief Designer||9,710 TTD||+18%|
|Engineering Consultant||12,500 TTD||+52%|
|Engineering Key Account Manager||12,700 TTD||+55%|
|Engineering Lab Technician||8,300 TTD||+1%|
|Engineering Planning Manager||12,200 TTD||+49%|
|Engineering Production Manager||15,200 TTD||+85%|
|Engineering Project Analyst||10,800 TTD||+32%|
|Engineering Project Coordinator||10,500 TTD||+28%|
|Engineering Project Director||18,800 TTD||+130%|
|Engineering Project Manager||13,000 TTD||+58%|
|Engineering Research and Development Manager||14,300 TTD||+74%|
|Engineering Safety Coordinator||6,640 TTD||-19%|
|Engineering Sales Manager||11,800 TTD||+44%|
|Engineering Technician||7,190 TTD||-12%|
|Engineering Technologist||6,750 TTD||-18%|
|Environmental Engineer||8,940 TTD||+9%|
|Equipment Engineer||8,480 TTD||+3%|
|Equipment Engineering Manager||11,300 TTD||+38%|
|Fabrication Specialist||6,000 TTD||-27%|
|Facade Engineer||8,360 TTD||+2%|
|Fiber Analyst||5,000 TTD||-39%|
|Field Engineer||9,090 TTD||+11%|
|Field Engineering Manager||15,100 TTD||+84%|
|Fire Engineer||8,790 TTD||+7%|
|Fitter and Turner||2,860 TTD||-65%|
|Forestry Strategic Planner||10,800 TTD||+32%|
|Generation Engineer||8,770 TTD||+7%|
|Genetic Engineer||9,350 TTD||+14%|
|Geological Engineer||9,000 TTD||+10%|
|Geotechnical Engineer||9,670 TTD||+18%|
|Heavy Equipment Mechanic||4,780 TTD||-42%|
|Highway Engineer||9,220 TTD||+12%|
|HSE Professional||8,390 TTD||+2%|
|HVAC Engineer||9,080 TTD||+11%|
|HVAC Supervisor||8,160 TTD||-1%|
|Industrial Engineer||8,380 TTD||+2%|
|Industrial Engineering Technologist||8,680 TTD||+6%|
|Instrument Engineer||8,780 TTD||+7%|
|Instrumentation and Control Engineer||8,990 TTD||+9%|
|Instrumentation Engineer||8,990 TTD||+9%|
|Instrumentation Manager||8,450 TTD||+3%|
|Irrigation Engineer||8,620 TTD||+5%|
|Licensed Aircraft Engineer||9,220 TTD||+12%|
|Locomotive Engineer||8,170 TTD||-0%|
|Maintenance Engineer||8,470 TTD||+3%|
|Maintenance Fitter||3,180 TTD||-61%|
|Maintenance Manager||9,150 TTD||+11%|
|Manufacturing Engineer||8,870 TTD||+8%|
|Marine Engineer||8,530 TTD||+4%|
|Materials Engineer||8,480 TTD||+3%|
|Materials Researcher||8,070 TTD||-2%|
|Materials Technician||6,350 TTD||-23%|
|Mechanical and Electrical Engineer||9,320 TTD||+14%|
|Mechanical Design Engineer||9,590 TTD||+17%|
|Mechanical Designer||7,910 TTD||-4%|
|Mechanical Engineer||9,390 TTD||+14%|
|Mechanical Engineering Manager||12,600 TTD||+53%|
|Mechanical Inspector||8,520 TTD||+4%|
|Mechatronics Engineer||9,600 TTD||+17%|
|Mining Engineer||9,070 TTD||+10%|
|Oil and Petrochemical Engineer||9,200 TTD||+12%|
|Optical Engineer||8,990 TTD||+9%|
|Optical Instrument Assembler||4,320 TTD||-47%|
|PCB Assembler||3,370 TTD||-59%|
|Photonics Engineer||9,780 TTD||+19%|
|Photonics Technician||8,120 TTD||-1%|
|Pipeline Engineer||8,500 TTD||+4%|
|Piping Designer||4,650 TTD||-43%|
|Piping Engineer||7,990 TTD||-3%|
|Planning Engineer||8,750 TTD||+7%|
|Pressure Vessel Inspector||4,230 TTD||-48%|
|Principal Cost Engineer||9,210 TTD||+12%|
|Principal Engineer||9,000 TTD||+10%|
|Principal Support Engineer||9,170 TTD||+12%|
|Process Engineer||8,510 TTD||+4%|
|Process Operator||5,150 TTD||-37%|
|Product Development Engineer||9,120 TTD||+11%|
|Product Development Technician||6,600 TTD||-20%|
|Product Engineer||9,300 TTD||+13%|
|Product Safety Engineer||8,060 TTD||-2%|
|Production Engineer||8,600 TTD||+5%|
|Project Engineer||9,630 TTD||+17%|
|Proposal Manager||10,900 TTD||+33%|
|Purchasing Engineer||7,850 TTD||-4%|
|Quality Assurance Engineer||9,180 TTD||+12%|
|Rail Engineer||8,610 TTD||+5%|
|Robotics Engineer||10,400 TTD||+27%|
|Robotics Technician||6,930 TTD||-16%|
|Safety Engineer||8,710 TTD||+6%|
|Safety Inspector||7,020 TTD||-15%|
|Safety Manager||10,200 TTD||+24%|
|Safety Officer||4,650 TTD||-43%|
|Sales Engineer||9,330 TTD||+14%|
|Scheduling Engineer||7,890 TTD||-4%|
|Service Engineer||9,050 TTD||+10%|
|Solar Engineer||9,600 TTD||+17%|
|Staff Engineer||8,640 TTD||+5%|
|Static Equipment Engineer||8,210 TTD||-0%|
|Stationary Engineer||8,240 TTD||+0%|
|Stress Engineer||7,850 TTD||-4%|
|Structural Analysis Engineer||8,440 TTD||+3%|
|Structural Designer||8,000 TTD||-3%|
|Structural Engineer||8,600 TTD||+5%|
|Structural Technician||5,750 TTD||-30%|
|Supply Chain Specialist||9,050 TTD||+10%|
|Technical Affairs Officer||4,630 TTD||-44%|
|Technical Assistant||4,440 TTD||-46%|
|Technical Engineer||7,630 TTD||-7%|
|Technical Support Engineer||7,470 TTD||-9%|
|Tender Engineer||8,280 TTD||+1%|
|Test Development Engineer||8,980 TTD||+9%|
|Transportation Engineer||8,430 TTD||+3%|
|Validation Engineer||8,080 TTD||-2%|
|Verification Engineer||8,010 TTD||-2%|
|Wastewater Engineer||8,590 TTD||+5%|
|Wind Energy Engineer||9,180 TTD||+12%|
|Wind Energy Operations Manager||12,200 TTD||+49%|
|Work Planner||5,920 TTD||-28%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Trinidad and Tobago earn 14% more than their private sector counterparts on average across all sectors.