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Petroleum Geologist Average Salary in Georgia 2021

How much money does a Petroleum Geologist make in Georgia?


Average Monthly Salary
10,600 GEL
( 127,000 GEL yearly)

LOW
5,520
GEL
AVERAGE
10,600
GEL
HIGH
16,200
GEL

A person working as a Petroleum Geologist in Georgia typically earns around 10,600 GEL per month. Salaries range from 5,520 GEL (lowest) to 16,200 GEL (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 Georgia

Median and salary distribution monthly Georgia Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Georgia range from 5,520 GEL per month (minimum salary) to 16,200 GEL per month (maximum salary).

  • Median Salary

    The median salary is 10,200 GEL per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 10,200 GEL while the other half are earning more than 10,200 GEL. 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 7,070 GEL while 75% of them are earning more than 7,070 GEL. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 12,700 GEL while 25% are earning more than 12,700 GEL.


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 Georgia 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 6,270 GEL per month.

While someone with an experience level between two and five years is expected to earn 8,410 GEL 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 10,900 GEL per month, 30% 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 13,200 GEL 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 14,500 GEL 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 15,200 GEL per month, 5% more than people with fifteen to twenty years of experience.


Petroleum Geologist average salary change by experience in Georgia

0 - 2 Years
6,270 GEL
2 - 5 Years+34%
8,410 GEL
5 - 10 Years+30%
10,900 GEL
10 - 15 Years+21%
13,200 GEL
15 - 20 Years+9%
14,500 GEL
20+ Years+5%
15,200 GEL
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 Georgia 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 8,090 GEL per month.

While someone with a Master's Degree gets a salary of 10,000 GEL per month, 24% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 16,000 GEL per month, 60% more than someone with a Master's Degree.


Petroleum Geologist average salary difference by education level in Georgia

Bachelor's Degree
8,090 GEL
Master's Degree+24%
10,000 GEL
PhD+60%
16,000 GEL
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 Georgia costs anywhere from 33,700 Lari(s) to 101,000 Lari(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 Georgia 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 Georgia earn 7% more than their female counterparts on average.

Male
11,000 GEL
Female-6%
10,300 GEL
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Georgia for all Careers

Salary comparison by gender monthly Georgia
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Petroleum Geologist Average Annual Salary Increment Percentage in Georgia

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

Petroleum Geologist

Petroleum Geologist(s) in Georgia 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 Georgia 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.

Georgia / 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 Georgia is 2%.

Annual Increment Rate By Industry 2020

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Listed above are the average annual increase rates for each industry in Georgia 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 Georgia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Georgia 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.

63% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 37% 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.

Received Bonus
37%
No Bonus
63%

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 Georgia


61 GEL per hour

The average hourly wage (pay per hour) in Georgia is 61 GEL. This means that the average Petroleum Geologist in Georgia earns approximately 61 GEL 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 Georgia
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The average salary for Petroleum Geologist is 75% 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 Manager5,690 GEL-46%
Associate Analyst6,170 GEL-42%
Associate Landman2,590 GEL-76%
Auxiliary Equipment Operator2,460 GEL-77%
Biomass Plant Technician2,890 GEL-73%
Biomass Power Plant Manager8,130 GEL-23%
Chemical Plant Operator4,730 GEL-55%
Chief Contract Compliance Engineer6,300 GEL-41%
Completions Engineer5,630 GEL-47%
Cost Controller4,290 GEL-60%
Crude Oil Marketing Representative6,350 GEL-40%
Dispatcher2,510 GEL-76%
Distribution Manager8,530 GEL-20%
Dragline Operator2,850 GEL-73%
Driller Offsider2,040 GEL-81%
Dump Truck Driver2,270 GEL-79%
Electric and Gas Operations Manager13,000 GEL+23%
Energy Advisor9,440 GEL-11%
Energy Analyst8,560 GEL-19%
Energy Auditor7,400 GEL-30%
Energy Dispatch Director10,600 GEL-0%
Energy Technical Assistant3,670 GEL-65%
Energy Technical Manager7,240 GEL-32%
Energy Technical Trainer5,320 GEL-50%
Exploration Manager10,500 GEL-1%
Field Safety Auditor6,940 GEL-35%
Fluids Engineer5,940 GEL-44%
Fuel Cell Engineer6,020 GEL-43%
Fuel Cell Technician3,110 GEL-71%
Fuels Handler2,750 GEL-74%
Gas Compressor Operator2,660 GEL-75%
Gas Distribution Plant Operator4,820 GEL-55%
Gas Supply Manager8,790 GEL-17%
Geologist10,200 GEL-4%
Geophysicist11,200 GEL+6%
Geothermal Production Manager9,720 GEL-8%
Geothermal Technician4,320 GEL-59%
HSE Engineer6,190 GEL-42%
HSE Officer3,690 GEL-65%
HSEQ Administrator4,110 GEL-61%
Inspector5,280 GEL-50%
Instructor5,020 GEL-53%
Instrument Designer4,630 GEL-56%
Lead Technical Field Advisor7,870 GEL-26%
Logistics and Tool Coordinator5,010 GEL-53%
Maintenance Engineer6,270 GEL-41%
Maintenance Superintendent5,520 GEL-48%
Material Controller3,880 GEL-63%
Mine Engineer5,940 GEL-44%
Mine Surveyor6,640 GEL-37%
Mining Project Administrator5,210 GEL-51%
Mining Project Assistant4,320 GEL-59%
Mining Project Controls Consultant6,690 GEL-37%
Mining Project Coordinator5,210 GEL-51%
Mining Project Engineer5,820 GEL-45%
Mining Project Manager7,250 GEL-32%
Mining Site Manager7,660 GEL-28%
Mining Team Leader6,270 GEL-41%
NDT Technician3,620 GEL-66%
Oil Service Unit Operator3,020 GEL-72%
Oil Trader7,950 GEL-25%
Oilwell Pumper2,260 GEL-79%
Petroleum Engineer 6,660 GEL-37%
Petroleum Geologist10,600 GEL-0%
Petroleum Pump System Operator3,210 GEL-70%
Pipeline Technician2,220 GEL-79%
Power Coordinator3,520 GEL-67%
Power Plant Operations Manager11,100 GEL+5%
Power Plant Operator4,730 GEL-55%
Radio Operator2,500 GEL-76%
Reliability Engineer5,670 GEL-47%
Reservoir Engineer5,470 GEL-48%
Risk Analyst7,530 GEL-29%
Roughneck5,790 GEL-45%
Scaffolder3,780 GEL-64%
Shutdown Engineer4,820 GEL-55%
Solar Energy Installation Manager8,860 GEL-17%
Solar Energy Systems Engineer6,110 GEL-42%
Solar Photovoltaic Installer3,780 GEL-64%
Solar Thermal Technician3,520 GEL-67%
Supply Operations Manager9,650 GEL-9%
Sustainability Specialist9,260 GEL-13%
System Development Advisor6,890 GEL-35%
Tanker Truck Driver2,270 GEL-79%
Utility Operator3,180 GEL-70%
Wind Energy Project Manager8,370 GEL-21%

Salary Comparison By City

CityAverage Salary
Batumi10,900 GEL
Tbilisi11,200 GEL

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 Georgia earn 17% more than their private sector counterparts on average across all sectors.

Private Sector
6,270 GEL
Public Sector+17%
7,350 GEL
Percentage increase and decrease are relative to the previous value

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