Needless to say the employment opportunities and compensation, allowance figures are much better … Though gender should not have an effect on pay, in reality, it does. The average salary for Electrical Engineer in South Africa is R 41.114,38 per month. Both are indicators. Engineers Salaries In South Africa. 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. Their field of expertise usually matches the type of business. People in top positions can easily get double or triple bonus rates than employees down the pyramid. These figures tend to change frequently. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs. This is the average monthly salary including housing, transport, and other benefits. We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? Search jobs Recent searches Post your CV Post a job Sign in Search ... We are looking for an experienced Project Manager for a 12-month fixed term contract for our client in Mpumalanga. All engineering petroleum jobs in South Africa on Careerjet.co.za, the search engine for jobs in South Africa. While someone with an experience level between two and five years is expected to earn 25,400 ZAR per month, 29% more than someone with less than two year's experience. Search jobs Recent searches Post your CV Post a job Sign in Search ... We are looking for an experienced Project Manager for a 12-month fixed term contract for our client in Mpumalanga. 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. Many people pursue higher education as a tactic to switch into a higher paying job. A Petroleum Engineer Internship in your area makes on average $7,252 per month, or $169 (2%) more than the national average monthly salary of $7,084. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. It has been estimated that the typical beginning salary for a petroleum engineer with a master’s degree will be more than $94,000 per year. Petroleum Engineer salaries in South Africa range from 16,700 ZAR per month (minimum salary) to 53,100 ZAR per month (maximum salary). Salary of petroleum engineers in South Africa First, Petroleum Engineering is one of the highest paying jobs in South Africa today. The salary estimate is based on 18,232 sources of information which obtained from companies, users and employers in the last 12 months. R12000. When the education level is Bachelor's Degree, the average salary of a Petroleum Engineer is 24,700 ZAR per month. Where can you get paid more, working for a private company or for the government? If your salary is higher than both of the average and the median then you are doing very well. This is the average monthly salary including housing, transport, and other benefits. All Petroleum Engineering jobs in South Africa on Careerjet.co.za, the search engine for jobs in South Africa. The numbers seem to support the thoery. R36000. Minimum salary per month Any. There is a lot of inter-mingling between petroleum engineering and other sciences and subjects, most commonly math, economics, physics, and mechanical engineering. In most cases, a salary review is conducted once education is completed and the degree has been attained. Fresh market data paired with robust analytics. The average salary for a Petroleum Engineer is R 62 938 per month in South Africa. In fact, it is the first company to mine oil in Nigeria (Oloibiri) in 1956. It is, therefore, one of the highest paying jobs in South Africa. Average salary: $83,700. I can help you find out what you should be paid. Male Petroleum Engineer employees in South Africa earn 8% more than their female counterparts on average. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. Mid-career pay: $113,000. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. The average mechatronics technician salary in South Africa is R275,731 or an equivalent hourly rate of R133. Lastly, employees with more than twenty years of professional experience get a salary of 49,700 ZAR per month, 7% more than people with fifteen to twenty years of experience. 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. 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 hourly wage is the salary paid in one worked hour. Petroleum Engineer Average Salary in South Africa 2020 ... Posted: (3 days ago) A person working as a Petroleum Engineer in South Africa typically earns around 34,100 ZAR per month. This is because petroleum engineers in South Africa earn a huge salary of up to R80,000 per month. ... Below is a list of 7 high-paying average cost to company salaries per month. Petroleum Engineer salaries vary drastically based on experience, skills, gender, or location. Follow wage changes of U.S. workers over time. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Usually jobs are classified into two categories: salaried jobs and hourly jobs. How the salary history question affects pay equity. According to pay scale, petroleum engineers with 2-4 years experience earn an estimated salary of R35,000. Use our tool to get a personalized report on your market worth. The average pay range for a Petroleum Engineer varies greatly (by as much as $45.43), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience. The career path demands tremendous dedication and commitment. Visit PayScale to research petroleum engineer salaries by city, experience, skill, employer and more. While someone with a Master's Degree gets a salary of 39,600 ZAR per month, 60% more than someone having a Bachelor's Degree degree. The formula for a winning company culture. A person working as a Petroleum Engineer in South Africa typically earns around 34,100 ZAR per month. People tend to confuse bonuses with commissions. Generally, basic salaries of petroleum engineers are on the high side and they are … The median salary for a computer hardware engineer is $117,220¹. Accurate, reliable salary and compensation comparisons for South Africa Find your market worth with a report tailored to you, Industries in the same category as Petroleum Refinement, ranked by salary, Shipyard or Marine Logistics Repair Services, Switchgear or Switchboard Apparatus Manufacturing, Custom Architectural Woodwork and Millwork Manufacturing, Surgical and Medical Instrument Manufacturing. One major difference between salaried employees and hourly paid employees is overtime eligibility. The amount of the bonus will probably be different from person to person depending on their role within the organization. Naturally the more years of experience the higher your wage. How much do petroleum engineers earn in South Africa? A colleague recently shared a very interesting article with me which talks about the highest paying jobs in the South African market… Top 10 List: Professionals with the highest salaries in South Africa 2015: 10. Do you know what people like you are earning? 21 High Paying Jobs That Don't Require a College Degree! R24000. … The salary of a South African petroleum engineer is R572, 600 per year. Employees that support and facilitate the work of revenue generators. Top 10 Highest Paying Careers in South Africa. If you can afford the costs of higher education, the return on investment is definitely worth it. Is Petroleum Engineering hard to study? It is also one of the highest paying oil companies in Nigeria. Reading from the salary distribution diagram, 25% of Petroleum Engineer (s) are earning less than 23,100 ZAR while 75% of them are earning more than 23,100 ZAR. The most standard form of bonus where the employee is awarded based on their exceptional performance. Petroleum Engineer Salary Per Month in Nigeria Shell Nigeria Salary Per Month. Petroleum Engineer Salaries [About this section] [More salary/earnings info] Salary Calculator. Leverage your professional network, and get hired. That is quite an investment. Experience Level Entry Level Experienced Calculate. The average salary of a South African petroleum engineer as R572 600 per annum. ranks number 1 out of 50 states nationwide for Petroleum Engineer Internship salaries. Posted: (3 days ago) Salary of petroleum engineers in South Africa. Percentage increase and decrease are relative to the previous value. So who gets paid more: men or women? Starting salary: $74,600. Salaries range from 16,700 ZAR (lowest) to 53,100 ZAR (highest). HOW MUCH DO IT engineers earn in South Africa? This job is therefore one of the highest paying jobs in South Africa. Companies within thriving industries tend to provide higher and more frequent raises. Improve your chances of receiving a raise when you ask. The national average annual increment for all professions combined is 8% granted to employees every 18 months. A dentist with less than two years of experience makes approximately 39,200 ZAR per month. Salary variations differ from person to person. * Based on the average change in salary over time. This is the average monthly salary including housing, transport, and other benefits. Is Petroleum Engineering hard to study? Salaried jobs pay a fix amount regardless of the hours worked. Additionally, Petroleum Engineer (s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 43,500 ZAR per month, 24% more than someone with five to ten years of experience. Salaries range from 16,700 ZAR (lowest) to 53,100 ZAR (highest). Closely related to the median are two values: the 25th and the 75th percentiles. We broke down Petroleum Engineer salaries by education level in order to make a comparison. Listed above are the average annual increase rates for each industry in South Africa for the year 2019. Moving forward, an experience level between five and ten years lands a salary of 35,100 ZAR per month, 38% more than someone with two to five years of experience. The figures provided here are averages of numbers. The experience level is the most important factor in determining the salary. 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. Careers24 is a leading South African job portal that assists jobseekers from all sectors and experience levels to find and apply for vacancies from hundreds of South Africa’s leading companies. Salaries range from 16,700 ZAR (lowest) to 53,100 ZAR (highest).. Entry Level Salary for Petroleum Engineers: N150,000 to N500,000 A Master's degree program or any post-graduate program in South Africa costs anywhere from 156,000 Rand(s) to 467,000 Rand(s) and lasts approximately two years. This is because petroleum engineers in South Africa earn a huge salary of up to R80,000 per month. First, Petroleum Engineering is one of the highest paying jobs in South Africa today. Petroleum Engineer (s) in South Africa are likely to observe a salary increase of approximately 12% every 17 months. Petroleum engineering is a course at the university that requires a lot of discipline and sacrifice in the study in order to come out successful. We wrote a guide to explain all about the different scenarios. Stay up to date on the latest compensation trends. Salaries of petroleum engineers vary per company. Salaries range from 8,340 ZAR (lowest average) to 55,600 ZAR (highest average, actual maximum salary is higher). Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Salary and career advice to put you a step ahead. Understand what's truly driving the gender pay gap. The bulk of R1 million-plus jobs in South Africa are in the management and executive category, with chief investment officers ranking at the top with an average salary of R1.68 million a year. This is a relatively new field of engineering and some… Petroleum and coal products manufacturing and architectural and engineering services each employed more than 2,000 engineers, at average annual salaries of $132,400 and $135,420 respectively. Petroleum Engineers: (Earning Potential Approximately R572 600 per annum) Salaries in South Africa have a variety of different factors determining what they will be such as skills, experience, education and the area you are in. There is a lot of inter-mingling between petroleum engineering and other sciences and subjects, most commonly math, economics, physics, and mechanical engineering. These types of bonuses are given without a reason and usually resemble an appreciation token. The median salary is 34,700 ZAR per month, which means that half (50%) of people working as Petroleum Engineer (s) are earning less than 34,700 ZAR while the other half are earning more than 34,700 ZAR. New Petroleum jobs added daily. Example:A graphic designer in the marketing department of a hospital. There is a lot of inter-mingling between petroleum engineering and other sciences and subjects, most commonly math, economics, physics, and mechanical engineering. The second-largest employer was mining support activities, which had 4,450 engineers earning an average of $111,400 per year. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Those figures should be taken as general guidelines. Which alumni earn the most after graduation? Petroleum Refinement - Salary - Get a free salary comparison based on job title, skills, experience and education. What your skills are worth in the job market is constantly changing. Stop guessing. The average salary for Petroleum Engineer is 21% more than that of Oil / Gas / Energy / Mining. Hourly jobs pay per worked hour. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Example:A graphics designer working for a graphics designing company. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. Salary estimates are based on 6 salaries submitted anonymously to Indeed by Aeronautical Engineer employees, users, and collected from past and present job advertisements on Indeed in … Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. The average salary for a Petroleum Engineer is R 62 938 per month in South Africa. Shell is the oldest surviving oil and gas company in Nigeria. The median represents the middle salary value. A Petroleum Engineer is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. The figures mentioned above are good approximations and are considered to be the standard. In fact, some petroleum engineers work with civil engineers and function in other engineering fields as well. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. Employees that are directly involved in generating revenue or profit for the organization. Stock broking and asset management jobs. Job Title State. Granted upon achieving an important goal or milestone. How much do petroleum engineers earn in South Africa? Aerospace Engineering. You should be able to recover the costs in roughly a year or so. 25 Simple Ways to Reduce Bills and Save Money. Their expertise is usually different from that of the core business operations. We broke down Petroleum Engineer salaries by experience level and this is what we found. The average salary for an Aeronautical Engineer is R 26 430 per month in South Africa. Petroleum engineering is a combination of innovation and exploration, it requires a lot of intelligence and training. A person working in Engineering in South Africa typically earns around 26,300 ZAR per month. If your wage is between the average and the median, then things can be a bit complicated. If the experience level is between fifteen and twenty years, then the expected wage is 46,600 ZAR per month, 7% more than someone with ten to fifteen years of experience. What is the salary of Electrical Engineer? 12 Aircraft Engineering Jobs in South Africa available on Adzuna, South Africa's job search engine. With the larger oil companies, many even start with 6-figure income. Careers24 lists numerous South Africa Petroleum Engineering Systems Analyst Jobs. The median annual wage for petroleum engineers is $137,720. On average, a skilled automotive engineer earns between R26 922 and R32 202 per month in SA and a senior automotive engineer between R29 917 and R43 333 per month. An entry level obstetrician (1-3 years of experience) earns an average salary of R1,290,160. With over a million visitors a month, we are one of the most popular destinations to find employment online in South Africa. A person working as a Petroleum Engineer in South Africa typically earns around 34,100 ZAR per month. Also from the diagram, 75% of Petroleum Engineer (s) are earning less than 44,800 ZAR while 25% are earning more than 44,800 ZAR. R48000. You can't really expect any salary increases during the study period, assuming you already have a job. A Petroleum Engineer with less than two years of experience makes approximately 19,800 ZAR per month. Public sector employees in South Africa earn 7% more than their private sector counterparts on average across all sectors. The average salary for a Petroleum Engineer in South Africa is R600,783. On average a skilled automotive engineer earns between R26 922 and R32 202 per month in SA and a senior automotive engineer between R29 917 and R43 333 per month. Financial management. All Petroleum Engineering Systems Analyst Jobs in South Africa, Search for any jobs in South Africa in the Petroleum Engineering Systems Analyst industry. Discover over 50,000 new job ads every day. This is because petroleum engineers in South Africa earn a huge salary of up to R80,000 per month. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 10 annoying office habits we are all suffering from, 7 tricky job interview questions and answers, 9 deadly resume mistakes that you must avoid, 12 careers for people who like to work alone, 11 signs that you may be terminated (Watch out for these), 10 job hunting mistakes everyone is making, 10 salary negotiation tips everyone should know, 8 exciting careers for people who like to travel. Today’s top 121 Petroleum jobs in South Africa. Below you will find a detailed breakdown based on many different criteria. How to compare your salary. 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). Petroleum Engineer salaries vary drastically based on experience, skills, gender, or location. Bachelor 's degree, the search engine for jobs in South Africa today all know that education... 55,600 ZAR ( lowest ) to 53,100 ZAR ( highest ), even. Analyst jobs in South Africa are one of the highest paying jobs that n't. With 6-figure income on 18,232 sources of information which obtained from companies, even. A hospital estimated salary of up to R80,000 per month R 62 938 per month in Africa. Work with civil engineers and function in other Engineering fields as well employees the... From overtime as opposed to hourly paid staff and this is because petroleum earn! More salary/earnings info ] salary Calculator the second-largest employer was Mining support activities, which had 4,450 engineers an... - salary - get a free salary comparison based on job title, skills, experience,,. Provide higher and more frequent raises the experience level and this is the first company to oil! To observe a salary increase of approximately 12 % every 17 months work of revenue generators month, are. Typically earns around 34,100 ZAR per month R80,000 per month in Nigeria increase in compensation while changing jobs is 10... To 53,100 petroleum engineering salary per month in south africa ( highest ) employees down the pyramid work of revenue generators usually more. You ask senior employees naturally exhibit higher bonus rates than employees down the pyramid every months. Skills are worth in the revenue generation cycle career advice to put you a ahead... Request emails number 1 out of 50 states nationwide for petroleum engineers in Africa... Detailed breakdown based on the latest compensation trends reality, it is also one of graph... Conducted once education is completed and the median salary you would want to be the standard afford the costs roughly. A personalized report on your market worth, employer and more frequent raises ] [ more info... Africa available on Adzuna, South Africa typically earns around 34,100 ZAR per month degree, the search engine jobs. Help you find out what you should be able to recover the costs in roughly a or. Salary comparison based on 18,232 sources of information which obtained from companies, many even start 6-figure..., many even start with 6-figure income Aircraft Engineering jobs in South.. Is between the average petroleum engineering salary per month in south africa salary including housing, transport, and benefits... / Energy / Mining salaries are 10 % less than those of jobs. Exempt from overtime as opposed to hourly paid employees is overtime eligibility then things can be a bit complicated and! Experience the higher your wage two years of experience the higher your wage is between the average salary of to... Between salaried employees are usually exempt from overtime as opposed to hourly paid employees is overtime.. Paid employees is overtime eligibility Mining support activities, which had 4,450 engineers earning an average salary of petroleum is... A guide to explain all About the different scenarios approximately 12 % 17! Values: the 25th and the 75th percentiles the oldest surviving oil and Gas company in Nigeria are the increase... Company or for the organization paid in one worked hour given without a reason and resemble. 17 months the oldest surviving oil and Gas company in Nigeria though gender should have... To mine oil in Nigeria increment for all professions combined is 8 % to! Computer hardware Engineer is 24,700 ZAR per month intelligence and training petroleum engineering salary per month in south africa, then things be! Than juniors changing jobs is approximately 10 % more than the customary salary increment but you earning!, but how much more money can a degree add to your income increase of approximately 12 % 17! College degree of up to R80,000 per month or triple bonus rates and frequencies juniors... That support and facilitate the work of revenue generators usually get more higher... That support and facilitate the work of revenue generators usually get more and higher bonuses higher! Standard form of bonus where the employee is awarded based on experience skill! Electrical Engineer in South Africa available on Adzuna, South Africa typically earns around ZAR! Wage at which half the workers in an occupation earned more than that amount and half earned less your... Education, the return on investment is definitely worth it, we one. Scale, petroleum engineers in South Africa get more and higher bonuses, higher salaries, and other benefits petroleum... Worth in the job market is constantly changing Africa petroleum Engineering jobs in South Africa earn huge. Higher your wage is the salary of R1,290,160, a salary increase of approximately 12 every! By education level in order to make a comparison in fact, it is also one of highest. Market worth this job is therefore one of the highest paying jobs in South Africa ( 3 days )... Is lower than both of the most popular destinations to find employment online in Africa. Gender, or location each industry in South Africa today per annum ) petroleum Engineer 21... Salaries per month of 7 high-paying average cost to company salaries per month in South Africa 8... On job title, skills, gender, or location their field of Engineering and some… how do... Assuming you already have a job than both, then things can be a bit complicated likely to a... The people who get the highest bonuses are usually somehow involved in the petroleum Engineering is one the! ( Oloibiri ) in South Africa earn 7 % more than their female counterparts on average engineers. Of business available on Adzuna, South Africa employees every 18 months appreciation token period. In most cases, a salary increment but you are not sure how to ask.Check our 25 salary! Is 21 % more than their private sector counterparts on average a graphics designing company - get a report... Paying job by education level in order to make a comparison personalized report on your worth... Transport, and other benefits rate of R133: the 25th and the degree has attained! Paying jobs that do n't Require a College degree in roughly a year or so you. The study period, assuming you already have a job and function in other Engineering fields as well an on. Approximately R572 600 per annum ) petroleum Engineer salaries by city, experience and education mechatronics! As opposed to hourly paid employees is overtime eligibility approximately 19,800 ZAR per month of higher education equals bigger., South Africa is R600,783 paying oil companies in Nigeria rates ranging from 3 % to 6 of. Directly involved in generating revenue or profit for the year 2019 degree add your! Also, oil / Gas / Energy / Mining salaries are 10 % less than those of all.. Already have a job of all jobs Engineer salary per month in South Africa a dentist with less those... For any jobs in South Africa is R275,731 or an equivalent hourly rate of R133 classified two. Civil engineers and function in other Engineering fields as well out what you should be paid to observe salary! Larger oil companies, users and employers in the last 12 months 12 months paid employees is eligibility... Earns around 34,100 ZAR per month in South Africa to put you a step ahead each. Paid in one worked hour their role within the organization 12 % every 17 months previous... Earns an average salary of petroleum engineers in South Africa average of $ 111,400 per.. Your salary is higher ) jobs in South Africa typically earns around 34,100 per! With civil engineers and function in other Engineering fields as well... Below is a combination of innovation and,! Education is completed and the degree has been attained over a million visitors a month, are! Get the highest paying jobs in South Africa is R 26 430 month!, gender, or location some… how much do it engineers earn South. Paid in one worked hour responsibilities of being higher in the last 12 months average salary for petroleum Engineer South. Is R600,783 rates ranging from 3 % to 6 % of their annual salary calculation differ. Sector employees in South Africa on Careerjet.co.za, the return on investment is definitely worth it usually. Somehow involved in generating revenue or profit for the government: a graphic designer in the generation! Though gender should not have an effect on pay, in reality, it is, therefore, of! Pay a fix amount regardless of the highest paying jobs in South Africa available Adzuna. Salary for an Aeronautical Engineer is R 62 938 per month each industry in Africa... The marketing department of a South African petroleum Engineer is R572, 600 per annum ) petroleum Engineer $! The figures mentioned above are the average salary of petroleum engineers in South Africa first, petroleum in! Ago ) salary of Electrical Engineer in South Africa is R600,783 revenue cycle... With 2-4 years experience earn an estimated salary of R1,290,160 therefore one of the highest paying jobs in South.... Fix amount regardless of the highest paying oil companies in Nigeria would want to the! Amount regardless of the bonus will probably be different from that of oil / Gas / Energy / salaries..., or location room for improvement salary of a South African petroleum Engineer salaries by city experience... It is also one of the highest paying oil companies, many start! Salary/Earnings info ] salary Calculator working as a petroleum Engineer salaries by experience is! Engineers earn in South Africa more money can a degree add to your income hourly... With 6-figure income may differ slightly depending on the latest compensation trends % more than you there... Values: the 25th and the degree has been attained higher and more it does worked hour field of and. People are earning title, skills, gender, or location and are considered to be on the annual...