Average Petroleum Geologist Salary in Solomon Islands for 2024

In this article, we will look at the average Petroleum Geologist salary for 2024 in Solomon Islands 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 Solomon Islands dollar. To keep things simple, we are using the SBD currency code instead of the currency symbol $.

How Much Does a Petroleum Geologist Make in Solomon Islands?

A Petroleum Geologist working in Solomon Islands will typically earn around 115,640 SBD per year, and this can range from the lowest average salary of about 57,080 SBD to the highest average salary of 181,600 SBD.

Average Annual Salary
115,640 SBD
Average Monthly Salary
9,636 SBD

Lowest Annual Salary
57,080 SBD
Lowest Monthly Salary
4,756 SBD

Highest Annual Salary
181,600 SBD
Highest Monthly Salary
15,133 SBD

These are average salaries for a Petroleum Geologist in Solomon Islands 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 Solomon Islands

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

Salary ranges

We already know that a Petroleum Geologist can earn between 57,080 SBD and 181,600 SBD on average in Solomon Islands. 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 Solomon Islands is 116,740 SBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 116,740 SBD, and 50% of the population earn more than 116,740 SBD.

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 Solomon Islands, 25% of the population are earning less than 78,940 SBD while 75% of the population earn more than 78,940 SBD.

75% of the population earn less than 152,000 SBD, and 25% of the population earn more than 152,000 SBD.

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 Solomon Islands

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 Solomon Islands that has less than two years of experience can expect to earn somewhere in the region of 69,240 SBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Petroleum Geologist salary would increase to 86,740 SBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Petroleum Geologist, the average salary would be 120,040 SBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 148,300 SBD.
  • 15 - 20 Years Experience. A Petroleum Geologist with 15 to 20 years of experience can earn an average of 159,100 SBD.
  • 20+ Years Experience. For a Petroleum Geologist with more than 20 years, the expected average salary increases to 169,000 SBD.

Average Salary by Experience Chart

0-2 Years
69,240 SBD
2-5 Years +29%
86,740 SBD
5-10 Years +38%
120,040 SBD
10-15 Years +24%
148,300 SBD
15-20 Years +7%
159,100 SBD
20+ Years +7%
169,000 SBD

Petroleum Geologist Salary by Education Level in Solomon Islands

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 Solomon Islands 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 Solomon Islands with a bachelor's degree education can earn an average salary of 78,400 SBD.

  • Master's Degree. A Petroleum Geologist in Solomon Islands with a master's degree education can earn an average salary of 108,080 SBD.

  • PhD. A Petroleum Geologist in Solomon Islands with a phd education can earn an average salary of 180,300 SBD.

Average Salary by Education Chart

Bachelor's Degree
78,400 SBD
Master's Degree +38%
108,080 SBD
PhD +64%
180,300 SBD

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 Solomon Islands is around 31,700 to 95,200 SBD 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 Solomon Islands, a male petroleum geologist will earn an average of 119,700 SBD, while a female petroleum geologist will earn around 111,460 SBD.

This means that a male petroleum geologist earns approximately 7% more than a female petroleum geologist for performing the same job.

Average Salary by Gender Chart in Solomon Islands

Male
119,700 SBD
Female -7%
111,460 SBD

Petroleum Geologist Average Pay Raise in Solomon Islands

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 Solomon Islands is around 8% every 29 months.

The national average pay raise across all professions and industries in Solomon Islands 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 = ( 8 ÷ 29 ) × 12  = 3%

What this means is that a Petroleum Geologist in Solomon Islands can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Solomon Islands for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Petroleum Geologist Bonus and Incentive Rates in Solomon Islands

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 39% of employees reporting at least one bonus in the last 12 months.

61% 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
39%
No Bonus
61%

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 Solomon Islands earn approximately 9% more than private sector employees in the same role.

Public Sector
78,400 SBD
Private Sector -9%
72,120 SBD

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 Solomon Islands.

Job Title Category Salary
Assistant Yard Manager Oil / Gas / Energy / Mining 64,640 SBD
Associate Analyst Oil / Gas / Energy / Mining 74,940 SBD
Associate Landman Oil / Gas / Energy / Mining 31,960 SBD
Auxiliary Equipment Operator Oil / Gas / Energy / Mining 29,540 SBD
Biomass Plant Technician Oil / Gas / Energy / Mining 33,960 SBD
Biomass Power Plant Manager Oil / Gas / Energy / Mining 95,760 SBD
Chemical Plant Operator Oil / Gas / Energy / Mining 52,380 SBD
Chief Contract Compliance Engineer Oil / Gas / Energy / Mining 68,580 SBD
Completions Engineer Oil / Gas / Energy / Mining 66,940 SBD
Cost Controller Oil / Gas / Energy / Mining 46,040 SBD
Cost Engineer Oil / Gas / Energy / Mining 66,000 SBD
Crude Oil Marketing Representative Oil / Gas / Energy / Mining 69,540 SBD
Dispatcher Oil / Gas / Energy / Mining 26,860 SBD
Distribution Manager Oil / Gas / Energy / Mining 95,760 SBD
Dragline Operator Oil / Gas / Energy / Mining 31,400 SBD
Driller Offsider Oil / Gas / Energy / Mining 23,500 SBD
Dump Truck Driver Oil / Gas / Energy / Mining 26,080 SBD
Electric and Gas Operations Manager Oil / Gas / Energy / Mining 150,000 SBD
Energy Advisor Oil / Gas / Energy / Mining 97,300 SBD
Energy Analyst Oil / Gas / Energy / Mining 96,500 SBD
Energy Auditor Oil / Gas / Energy / Mining 84,180 SBD
Energy Dispatch Director Oil / Gas / Energy / Mining 113,780 SBD
Energy Technical Assistant Oil / Gas / Energy / Mining 41,180 SBD
Energy Technical Manager Oil / Gas / Energy / Mining 83,020 SBD
Energy Technical Support Manager Oil / Gas / Energy / Mining 80,840 SBD
Energy Technical Trainer Oil / Gas / Energy / Mining 57,080 SBD
Engineering Geologist Oil / Gas / Energy / Mining 123,400 SBD
Exploration Manager Oil / Gas / Energy / Mining 112,440 SBD
Field Safety Auditor Oil / Gas / Energy / Mining 72,740 SBD
Fluids Engineer Oil / Gas / Energy / Mining 64,200 SBD
Fuel Cell Engineer Oil / Gas / Energy / Mining 66,960 SBD
Fuel Cell Technician Oil / Gas / Energy / Mining 33,960 SBD
Fuels Handler Oil / Gas / Energy / Mining 29,640 SBD
Gas Compressor Operator Oil / Gas / Energy / Mining 28,720 SBD
Gas Distribution Plant Operator Oil / Gas / Energy / Mining 50,540 SBD
Gas Supply Manager Oil / Gas / Energy / Mining 99,920 SBD
Geologist Oil / Gas / Energy / Mining 115,400 SBD
Geophysicist Oil / Gas / Energy / Mining 127,700 SBD
Geothermal Production Manager Oil / Gas / Energy / Mining 110,340 SBD
Geothermal Technician Oil / Gas / Energy / Mining 44,720 SBD
HSE Engineer Oil / Gas / Energy / Mining 64,640 SBD
HSE Officer Oil / Gas / Energy / Mining 39,960 SBD
HSE Supervisor Oil / Gas / Energy / Mining 48,340 SBD
HSEQ Administrator Oil / Gas / Energy / Mining 48,740 SBD
Inspector Oil / Gas / Energy / Mining 61,760 SBD
Instructor Oil / Gas / Energy / Mining 58,200 SBD
Instrument Designer Oil / Gas / Energy / Mining 53,380 SBD
Lead Technical Field Advisor Oil / Gas / Energy / Mining 87,940 SBD
Logistics and Tool Coordinator Oil / Gas / Energy / Mining 59,000 SBD
Maintenance Engineer Oil / Gas / Energy / Mining 68,360 SBD
Maintenance Superintendent Oil / Gas / Energy / Mining 59,940 SBD
Material Controller Oil / Gas / Energy / Mining 43,220 SBD
Mine Engineer Oil / Gas / Energy / Mining 61,620 SBD
Mine Surveyor Oil / Gas / Energy / Mining 75,500 SBD
Mining Project Administrator Oil / Gas / Energy / Mining 60,880 SBD
Mining Project Assistant Oil / Gas / Energy / Mining 46,880 SBD
Mining Project Controls Consultant Oil / Gas / Energy / Mining 78,160 SBD
Mining Project Coordinator Oil / Gas / Energy / Mining 60,180 SBD
Mining Project Engineer Oil / Gas / Energy / Mining 65,800 SBD
Mining Project Manager Oil / Gas / Energy / Mining 86,420 SBD
Mining Site Manager Oil / Gas / Energy / Mining 87,040 SBD
Mining Team Leader Oil / Gas / Energy / Mining 69,240 SBD
NDT Technician Oil / Gas / Energy / Mining 42,040 SBD
Oil Service Unit Operator Oil / Gas / Energy / Mining 35,300 SBD
Oil Trader Oil / Gas / Energy / Mining 84,740 SBD
Oilwell Pumper Oil / Gas / Energy / Mining 23,140 SBD
Petroleum Engineer Oil / Gas / Energy / Mining 74,060 SBD
Petroleum Pump System Operator Oil / Gas / Energy / Mining 34,120 SBD
Petroleum Technician Oil / Gas / Energy / Mining 39,640 SBD
Pipeline Technician Oil / Gas / Energy / Mining 26,020 SBD
Power Coordinator Oil / Gas / Energy / Mining 42,400 SBD
Power Plant Operations Manager Oil / Gas / Energy / Mining 127,700 SBD
Power Plant Operator Oil / Gas / Energy / Mining 50,660 SBD
Radio Operator Oil / Gas / Energy / Mining 31,080 SBD
Reliability Engineer Oil / Gas / Energy / Mining 66,140 SBD
Reservoir Engineer Oil / Gas / Energy / Mining 58,720 SBD
Risk Analyst Oil / Gas / Energy / Mining 80,520 SBD
Roughneck Oil / Gas / Energy / Mining 67,300 SBD
Scaffolder Oil / Gas / Energy / Mining 41,180 SBD
Shutdown Engineer Oil / Gas / Energy / Mining 55,320 SBD
Solar Energy Installation Manager Oil / Gas / Energy / Mining 95,860 SBD
Solar Energy Systems Engineer Oil / Gas / Energy / Mining 65,080 SBD
Solar Photovoltaic Installer Oil / Gas / Energy / Mining 40,600 SBD
Solar Thermal Technician Oil / Gas / Energy / Mining 38,340 SBD
Supply Operations Manager Oil / Gas / Energy / Mining 106,440 SBD
Sustainability Specialist Oil / Gas / Energy / Mining 102,460 SBD
System Development Advisor Oil / Gas / Energy / Mining 77,120 SBD
Tanker Truck Driver Oil / Gas / Energy / Mining 23,360 SBD
Utility Operator Oil / Gas / Energy / Mining 36,580 SBD
Wind Energy Project Manager Oil / Gas / Energy / Mining 93,780 SBD

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