Average Petroleum Geologist Salary in Hong Kong for 2024

In this article, we will look at the average Petroleum Geologist salary for 2024 in Hong Kong and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Hong Kong dollar. To keep things simple, we are using the HKD currency code instead of the currency symbol $.

How Much Does a Petroleum Geologist Make in Hong Kong?

A Petroleum Geologist working in Hong Kong will typically earn around 707,700 HKD per year, and this can range from the lowest average salary of about 345,700 HKD to the highest average salary of 1,102,100 HKD.

Average Annual Salary
707,700 HKD
Average Monthly Salary
58,975 HKD

Lowest Annual Salary
345,700 HKD
Lowest Monthly Salary
28,808 HKD

Highest Annual Salary
1,102,100 HKD
Highest Monthly Salary
91,841 HKD

These are average salaries for a Petroleum Geologist in Hong Kong and include benefits such as housing and transport. It's also possible for a Petroleum Geologist to earn more or less than the average salaries shown above.

Petroleum Geologist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Petroleum Geologist Salaries in Hong Kong

So we've looked at the average salaries a Petroleum Geologist will earn in Hong Kong. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Petroleum Geologist can earn between 345,700 HKD and 1,102,100 HKD on average in Hong Kong. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Petroleum Geologist in Hong Kong is 722,100 HKD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 722,100 HKD, and 50% of the population earn more than 722,100 HKD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Petroleum Geologist salary in Hong Kong, 25% of the population are earning less than 480,300 HKD while 75% of the population earn more than 480,300 HKD.

75% of the population earn less than 931,700 HKD, and 25% of the population earn more than 931,700 HKD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Petroleum Geologist Salary by Experience Level in Hong Kong

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average petroleum geologist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Petroleum Geologist in Hong Kong that has less than two years of experience can expect to earn somewhere in the region of 412,000 HKD.
  • 2 - 5 Years Experience. With two to five years of experience the average Petroleum Geologist salary would increase to 528,500 HKD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Petroleum Geologist, the average salary would be 728,500 HKD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 903,500 HKD.
  • 15 - 20 Years Experience. A Petroleum Geologist with 15 to 20 years of experience can earn an average of 966,100 HKD.
  • 20+ Years Experience. For a Petroleum Geologist with more than 20 years, the expected average salary increases to 1,031,200 HKD.

Average Salary by Experience Chart

0-2 Years
412,000 HKD
2-5 Years +29%
528,500 HKD
5-10 Years +38%
728,500 HKD
10-15 Years +24%
903,500 HKD
15-20 Years +7%
966,100 HKD
20+ Years +7%
1,031,200 HKD

Petroleum Geologist Salary by Education Level in Hong Kong

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Petroleum Geologist in Hong Kong based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Petroleum Geologist in Hong Kong with a bachelor's degree education can earn an average salary of 483,800 HKD.

  • Master's Degree. A Petroleum Geologist in Hong Kong with a master's degree education can earn an average salary of 664,500 HKD.

  • PhD. A Petroleum Geologist in Hong Kong with a phd education can earn an average salary of 1,088,800 HKD.

Average Salary by Education Chart

Bachelor's Degree
483,800 HKD
Master's Degree +38%
664,500 HKD
PhD +64%
1,088,800 HKD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Hong Kong is around 183,000 to 549,000 HKD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Petroleum Geologist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Hong Kong, a male petroleum geologist will earn an average of 732,400 HKD, while a female petroleum geologist will earn around 675,200 HKD.

This means that a male petroleum geologist earns approximately 8% more than a female petroleum geologist for performing the same job.

Average Salary by Gender Chart in Hong Kong

Male
732,400 HKD
Female -8%
675,200 HKD

Petroleum Geologist Average Pay Raise in Hong Kong

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Petroleum Geologist in Hong Kong is around 9% every 29 months.

The national average pay raise across all professions and industries in Hong Kong is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 29 ) × 12  = 4%

What this means is that a Petroleum Geologist in Hong Kong can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Hong Kong for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Hong Kong.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Petroleum Geologist Bonus and Incentive Rates in Hong Kong

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Petroleum Geologist is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.

60% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
40%
No Bonus
60%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Hong Kong earn approximately 11% more than private sector employees in the same role.

Public Sector
471,700 HKD
Private Sector -11%
425,100 HKD

Salaries for Jobs Similar to a Petroleum Geologist

In the table below, we have salary information for jobs that are similar to a Petroleum Geologist in Hong Kong.

Job Title Category Salary
Assistant Yard Manager Oil / Gas / Energy / Mining 369,300 HKD
Associate Analyst Oil / Gas / Energy / Mining 430,000 HKD
Associate Landman Oil / Gas / Energy / Mining 181,600 HKD
Auxiliary Equipment Operator Oil / Gas / Energy / Mining 157,600 HKD
Biomass Plant Technician Oil / Gas / Energy / Mining 194,600 HKD
Biomass Power Plant Manager Oil / Gas / Energy / Mining 553,400 HKD
Chemical Plant Operator Oil / Gas / Energy / Mining 319,600 HKD
Chief Contract Compliance Engineer Oil / Gas / Energy / Mining 384,500 HKD
Completions Engineer Oil / Gas / Energy / Mining 372,600 HKD
Cost Controller Oil / Gas / Energy / Mining 272,800 HKD
Cost Engineer Oil / Gas / Energy / Mining 363,000 HKD
Crude Oil Marketing Representative Oil / Gas / Energy / Mining 431,100 HKD
Dispatcher Oil / Gas / Energy / Mining 154,700 HKD
Distribution Manager Oil / Gas / Energy / Mining 514,800 HKD
Dragline Operator Oil / Gas / Energy / Mining 187,300 HKD
Driller Offsider Oil / Gas / Energy / Mining 128,900 HKD
Dump Truck Driver Oil / Gas / Energy / Mining 158,700 HKD
Electric and Gas Operations Manager Oil / Gas / Energy / Mining 832,300 HKD
Energy Advisor Oil / Gas / Energy / Mining 590,200 HKD
Energy Analyst Oil / Gas / Energy / Mining 533,000 HKD
Energy Auditor Oil / Gas / Energy / Mining 467,700 HKD
Energy Dispatch Director Oil / Gas / Energy / Mining 626,800 HKD
Energy Technical Assistant Oil / Gas / Energy / Mining 240,500 HKD
Energy Technical Manager Oil / Gas / Energy / Mining 471,700 HKD
Energy Technical Support Manager Oil / Gas / Energy / Mining 460,500 HKD
Energy Technical Trainer Oil / Gas / Energy / Mining 325,600 HKD
Engineering Geologist Oil / Gas / Energy / Mining 688,900 HKD
Exploration Manager Oil / Gas / Energy / Mining 701,400 HKD
Field Safety Auditor Oil / Gas / Energy / Mining 430,000 HKD
Fluids Engineer Oil / Gas / Energy / Mining 359,900 HKD
Fuel Cell Engineer Oil / Gas / Energy / Mining 420,800 HKD
Fuel Cell Technician Oil / Gas / Energy / Mining 200,000 HKD
Fuels Handler Oil / Gas / Energy / Mining 187,500 HKD
Gas Compressor Operator Oil / Gas / Energy / Mining 172,200 HKD
Gas Distribution Plant Operator Oil / Gas / Energy / Mining 315,900 HKD
Gas Supply Manager Oil / Gas / Energy / Mining 605,700 HKD
Geologist Oil / Gas / Energy / Mining 714,300 HKD
Geophysicist Oil / Gas / Energy / Mining 721,600 HKD
Geothermal Production Manager Oil / Gas / Energy / Mining 643,400 HKD
Geothermal Technician Oil / Gas / Energy / Mining 263,200 HKD
HSE Engineer Oil / Gas / Energy / Mining 376,800 HKD
HSE Officer Oil / Gas / Energy / Mining 227,600 HKD
HSE Supervisor Oil / Gas / Energy / Mining 272,800 HKD
HSEQ Administrator Oil / Gas / Energy / Mining 265,000 HKD
Inspector Oil / Gas / Energy / Mining 351,900 HKD
Instructor Oil / Gas / Energy / Mining 320,500 HKD
Instrument Designer Oil / Gas / Energy / Mining 294,300 HKD
Lead Technical Field Advisor Oil / Gas / Energy / Mining 504,500 HKD
Logistics and Tool Coordinator Oil / Gas / Energy / Mining 345,700 HKD
Maintenance Engineer Oil / Gas / Energy / Mining 399,900 HKD
Maintenance Superintendent Oil / Gas / Energy / Mining 345,700 HKD
Material Controller Oil / Gas / Energy / Mining 254,800 HKD
Mine Engineer Oil / Gas / Energy / Mining 384,200 HKD
Mine Surveyor Oil / Gas / Energy / Mining 413,900 HKD
Mining Project Administrator Oil / Gas / Energy / Mining 352,000 HKD
Mining Project Assistant Oil / Gas / Energy / Mining 275,500 HKD
Mining Project Controls Consultant Oil / Gas / Energy / Mining 437,300 HKD
Mining Project Coordinator Oil / Gas / Energy / Mining 340,400 HKD
Mining Project Engineer Oil / Gas / Energy / Mining 367,200 HKD
Mining Project Manager Oil / Gas / Energy / Mining 483,800 HKD
Mining Site Manager Oil / Gas / Energy / Mining 520,900 HKD
Mining Team Leader Oil / Gas / Energy / Mining 421,400 HKD
NDT Technician Oil / Gas / Energy / Mining 239,000 HKD
Oil Service Unit Operator Oil / Gas / Energy / Mining 194,600 HKD
Oil Trader Oil / Gas / Energy / Mining 492,400 HKD
Oilwell Pumper Oil / Gas / Energy / Mining 150,000 HKD
Petroleum Engineer Oil / Gas / Energy / Mining 413,900 HKD
Petroleum Pump System Operator Oil / Gas / Energy / Mining 209,500 HKD
Petroleum Technician Oil / Gas / Energy / Mining 228,500 HKD
Pipeline Technician Oil / Gas / Energy / Mining 152,100 HKD
Power Coordinator Oil / Gas / Energy / Mining 245,300 HKD
Power Plant Operations Manager Oil / Gas / Energy / Mining 767,500 HKD
Power Plant Operator Oil / Gas / Energy / Mining 299,500 HKD
Radio Operator Oil / Gas / Energy / Mining 172,200 HKD
Reliability Engineer Oil / Gas / Energy / Mining 371,100 HKD
Reservoir Engineer Oil / Gas / Energy / Mining 369,900 HKD
Risk Analyst Oil / Gas / Energy / Mining 480,300 HKD
Roughneck Oil / Gas / Energy / Mining 394,500 HKD
Scaffolder Oil / Gas / Energy / Mining 239,300 HKD
Shutdown Engineer Oil / Gas / Energy / Mining 332,100 HKD
Solar Energy Installation Manager Oil / Gas / Energy / Mining 571,300 HKD
Solar Energy Systems Engineer Oil / Gas / Energy / Mining 401,300 HKD
Solar Photovoltaic Installer Oil / Gas / Energy / Mining 252,300 HKD
Solar Thermal Technician Oil / Gas / Energy / Mining 239,000 HKD
Supply Operations Manager Oil / Gas / Energy / Mining 618,800 HKD
Sustainability Specialist Oil / Gas / Energy / Mining 592,600 HKD
System Development Advisor Oil / Gas / Energy / Mining 437,300 HKD
Tanker Truck Driver Oil / Gas / Energy / Mining 148,300 HKD
Utility Operator Oil / Gas / Energy / Mining 209,500 HKD
Wind Energy Project Manager Oil / Gas / Energy / Mining 504,500 HKD

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