Average Petroleum Engineer Salary in Canada
The average annual salary of Petroleum Engineer is $95,407.00
The starting salary of Petroleum Engineer is between $53,040.00 and $62,400.00 whereas the maximum salary range is between $163,500.00 and $188,025.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$53,040.00 | $188,025.00 |
The average hourly pay of Petroleum Engineer is $40.88.
The starting hourly rate is between $14.00 and $16.20 for Petroleum Engineer whereas the maximum hourly wage is between $79.20 and $91.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$14.00 | $91.00 |
- Currency : CAD
- Annual Salary : $95,407.00
- Hourly Pay : $40.88
- Weekly Pay : $1,747.00
- Fortnightly Salary : $3,495.00
- Monthly Salary : $7,572.00
Petroleum Engineer Salary Comparison by Gender
This pie chart demonstrates the gender share for Petroleum Engineer. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Petroleum Engineer compared to female. Their involvement is 87% while of female is only 13%.
Salary Distribution Based on Years of Experience
The line graph shows Petroleum Engineer salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Petroleum Engineer working less than a year in a company, you notice that their annual salary starts around $77,250.00.
As the years of experience reaches 1 to 4, there is a significant increase of $6,006.70 which would give a total wage of CAD83,256.70.
Once the experience reaches 5-9 years Petroleum Engineer salary would increase again to a total of $103,497.49, adding $20,240.79 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $121,118.78.
And finally, once the Petroleum Engineer gains 20 years of experience or more, their salary would reach $186,921.61.
Prominent Skills Affecting Petroleum Engineer Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Petroleum Engineer's salary. It clearly highlights the skills needed for a post of Petroleum Engineer when hired by an employer.
The most vital skill expected of Petroleum Engineer is Reservoir Engineering which impacts the most than the rest of the skills indicated with a staggering 13% comparatively. Therefore, one’s salary would greatly depend on their skills in Reservoir Engineering.
The skill least likely to affect one’s pay would be Well Production Engineering with 2%. It can be said that Well Production Engineering skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Petroleum Engineer. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $78,234.00 whereas the highest earning is $186,044.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of $186,044.00 at 95%. So to summerize, Entry Level earns 18% less than the average salary, Early Career earns 11% less than the average salary, Mid Carrer earns 10% more than the average salary, Late Career earns 28% more than the average salary, Experienced earns 95% more than the average salary.
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