HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Oil and Petrochemical Engineer Average Salary in Montana 2024

How much money does a person working as Oil and Petrochemical Engineer make in Montana?


Average Yearly Salary
85,200 USD
( 7,100 USD monthly)

LOW
39,200
USD
AVERAGE
85,200
USD
HIGH
135,000
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Oil and Petrochemical Engineer in Montana typically earns around 85,200 USD. Salaries range from 39,200 USD (lowest) to 135,000 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Oil and Petrochemical Engineer salaries in Montana vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Oil and Petrochemical Engineer Pay Scale and Salaries in Montana

Median and salary distribution Montana Oil and Petrochemical Engineer yearly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/montana/engineering/oil-and-petrochemical-engineer/median-and-salary-distribution-yearly-montana-oil-and-petrochemical-engineer.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
80,800 USD or more
10% of people earn
70,800 to 80,800 USD
20% of people earn
48,800 USD or less
65% of people earn
48,800 to 70,800 USD
Minimum Salary
39,200 USD
Median
81,400 USD
Maximum
135,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Oil and Petrochemical Engineer in Montana range from 39,200 USD (starting salary) to 135,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 81,400 USD, half of the professionals who work as Oil and Petrochemical Engineer in Montana earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Oil and Petrochemical Engineer in Montana earn less than 65,600 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 93,800 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Oil and Petrochemical Engineer in Montana compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 48,800 USD to 70,800 USD. About 20% of salaries are below the 48,800 USD mark, while 10% fall within the range of 70,800 USD to 80,800 USD. Only 5% of individuals have salaries exceeding 80,800 USD.

Salary Comparison by Years of Experience / Oil and Petrochemical Engineer / Montana

How do experience and age affect pay?

0 - 2 Years
44,500 USD
2 - 5 Years+34%
59,400 USD
5 - 10 Years+48%
87,800 USD
10 - 15 Years+22%
107,000 USD
15 - 20 Years+9%
117,000 USD
20+ Years+8%
126,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Montana Oil and Petrochemical Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/montana/engineering/oil-and-petrochemical-engineer/salary-comparison-by-years-of-experience-yearly-montana-oil-and-petrochemical-engineer.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Oil and Petrochemical Engineer and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 44,500 USD.

While someone with an experience level between two and five years is expected to earn 59,400 USD, 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 87,800 USD, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 107,000 USD, 22% 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 117,000 USD, 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 126,000 USD, 8% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Oil and Petrochemical Engineer / Montana

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Oil and Petrochemical Engineer.

Bachelor's Degree
51,700 USD
Master's Degree+93%
99,800 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Montana Oil and Petrochemical Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/montana/engineering/oil-and-petrochemical-engineer/salary-comparison-by-education-level-yearly-montana-oil-and-petrochemical-engineer.jpg

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 salaries by education level for the position Oil and Petrochemical Engineer in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 51,700 USD.


Level 2: Master's Degree

At this level, the average salary becomes 99,800 USD, 93% more than the previous level.



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 United States costs anywhere from 39,600 USD to 119,000 USD 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 to a higher-paying job. The numbers seem to support the theory. 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Oil and Petrochemical Engineer / Montana

Salary comparison by gender United States Oil and Petrochemical Engineer yearly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/engineering/oil-and-petrochemical-engineer/salary-comparison-by-gender-yearly-united-states-oil-and-petrochemical-engineer.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Oil and Petrochemical Engineer in United States, the average difference between the salary of male and female employees is 6%.

Male
99,600 USD
Female-6%
93,800 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/salary-comparison-by-gender-yearly-united-states.jpg


Average Annual Salary Increment Percentage / Oil and Petrochemical Engineer / Montana

How much are annual salary increments in Montana for individuals working as Oil and Petrochemical Engineer? How often do employees get salary raises?

Individuals working as Oil and Petrochemical Engineer in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Oil and Petrochemical Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/engineering/oil-and-petrochemical-engineer/annual-salary-increment-rate-united-states-oil-and-petrochemical-engineer.jpg


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.

United States / All Professions

Annual Salary Increment Rate United States
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/annual-salary-increment-rate-united-states.jpg

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Oil and Petrochemical Engineer / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Oil and Petrochemical Engineer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/engineering/oil-and-petrochemical-engineer/annual-salary-bonus-rate-united-states-oil-and-petrochemical-engineer.jpg

100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

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.

Average Hourly Wage / Oil and Petrochemical Engineer / Montana


41 USD per hour

The average hourly wage (pay per hour) for individuals working as Oil and Petrochemical Engineer in Montana is 41 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Oil and Petrochemical Engineer in Montana is 19 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Engineering-100%
3D Printing Engineer70,100 USD-18%
Acoustics Engineer77,600 USD-9%
Assembly Engineering Technician59,000 USD-31%
Assistant Chief Engineer85,000 USD-0%
Associate Engineer69,700 USD-18%
AutoCAD Drafter46,600 USD-45%
Autocad Operator48,000 USD-44%
Automation Engineer84,300 USD-1%
Avionic System Support Engineer73,300 USD-14%
Biochemical Engineer75,300 USD-12%
BMS Engineer74,800 USD-12%
Bridge and Lock Tender43,000 USD-50%
Broadcast Engineer76,200 USD-11%
CAD Design Engineer79,200 USD-7%
CAD Designer47,700 USD-44%
CAE Engineer80,300 USD-6%
Ceramics Engineer69,000 USD-19%
Chemical Engineer82,400 USD-3%
Civil Drafter50,000 USD-41%
Civil Engineer77,400 USD-9%
Civil Site Engineer84,000 USD-1%
Civil Technician49,200 USD-42%
Cognitive Engineer76,300 USD-10%
Commissioning Engineer76,100 USD-11%
Communications Engineer83,500 USD-2%
Condition Monitoring Engineer65,700 USD-23%
Contract Associate Engineer76,600 USD-10%
Contract Engineer76,100 USD-11%
Control Systems Engineer73,500 USD-14%
Controls Engineer77,800 USD-9%
Controls Software Engineer72,300 USD-15%
Corrosion Engineer70,000 USD-18%
Design Engineer76,200 USD-11%
Director of Engineering162,000 USD+90%
Drafter47,100 USD-45%
Drafting Manager85,800 USD+1%
Drilling Engineer79,500 USD-7%
Drilling Foreman24,600 USD-71%
Electrical Draughtsman40,500 USD-52%
Electrical Engineer89,300 USD+5%
Electrical Engineering Manager116,000 USD+36%
Electromechanical Engineering Technologist82,400 USD-3%
Electromechanical Equipment Assembler40,000 USD-53%
Energy Engineer85,500 USD+0%
Engine Assembler34,500 USD-60%
Engineer84,700 USD-1%
Engineering Account Manager92,600 USD+9%
Engineering Chief Designer88,900 USD+4%
Engineering Consultant103,000 USD+21%
Engineering Key Account Manager109,000 USD+28%
Engineering Lab Technician76,900 USD-10%
Engineering Manager106,000 USD+24%
Engineering Planning Manager104,000 USD+22%
Engineering Production Manager134,000 USD+57%
Engineering Project Analyst92,800 USD+9%
Engineering Project Coordinator 89,600 USD+5%
Engineering Project Director154,000 USD+81%
Engineering Project Leader102,000 USD+20%
Engineering Project Manager107,000 USD+26%
Engineering Research and Development Manager124,000 USD+46%
Engineering Safety Coordinator61,800 USD-27%
Engineering Sales Manager110,000 USD+29%
Engineering Technician59,400 USD-30%
Engineering Technologist58,900 USD-31%
Environmental Engineer78,100 USD-8%
Equipment Engineer72,200 USD-15%
Equipment Engineering Manager104,000 USD+22%
Estimator65,500 USD-23%
Fabrication Specialist55,100 USD-35%
Fabricator35,200 USD-59%
Facade Engineer79,500 USD-7%
Fiber Analyst45,400 USD-47%
Field Engineer81,100 USD-5%
Field Engineering Manager131,000 USD+54%
Fire Engineer78,400 USD-8%
Fitter and Turner24,900 USD-71%
Forestry Strategic Planner87,900 USD+3%
Generation Engineer77,700 USD-9%
Genetic Engineer83,800 USD-2%
Geological Engineer84,700 USD-1%
Geotechnical Engineer81,900 USD-4%
Heavy Equipment Mechanic42,400 USD-50%
Highway Engineer76,100 USD-11%
HSE Professional72,800 USD-15%
Human Machine Interface Engineer74,500 USD-13%
HVAC Engineer80,700 USD-5%
HVAC Supervisor73,600 USD-14%
Industrial Engineer72,500 USD-15%
Industrial Engineering Technologist75,900 USD-11%
Instrument Engineer77,500 USD-9%
Instrument Technician42,300 USD-50%
Instrumentation and Control Engineer75,600 USD-11%
Instrumentation Designer64,100 USD-25%
Instrumentation Engineer79,700 USD-6%
Instrumentation Manager74,500 USD-13%
Irrigation Engineer72,600 USD-15%
Licensed Aircraft Engineer83,800 USD-2%
Locomotive Engineer74,400 USD-13%
Maintenance Engineer76,900 USD-10%
Maintenance Fitter27,000 USD-68%
Maintenance Manager78,000 USD-8%
Manufacturing Engineer78,500 USD-8%
Marine Engineer81,300 USD-5%
Materials Engineer78,800 USD-7%
Materials Researcher70,400 USD-17%
Materials Technician56,700 USD-33%
Mechanical and Electrical Engineer85,200 USD+0%
Mechanical Design Engineer83,900 USD-2%
Mechanical Designer67,400 USD-21%
Mechanical Engineer85,000 USD-0%
Mechanical Engineering Manager111,000 USD+30%
Mechanical Inspector72,400 USD-15%
Mechatronics Engineer79,500 USD-7%
Mining Engineer76,200 USD-11%
Nanotechnology Engineer82,900 USD-3%
Natural Language Processing Engineer84,800 USD-0%
Oil and Petrochemical Engineer85,200 USD+0%
Optical Engineer74,200 USD-13%
Optical Instrument Assembler38,400 USD-55%
PCB Assembler28,900 USD-66%
Photonics Engineer89,600 USD+5%
Photonics Technician72,600 USD-15%
Pipeline Engineer71,700 USD-16%
Piping Designer42,200 USD-50%
Piping Engineer70,800 USD-17%
Planning Engineer78,200 USD-8%
Pressure Vessel Inspector38,200 USD-55%
Principal Cost Engineer78,000 USD-8%
Principal Engineer79,500 USD-7%
Principal Support Engineer78,900 USD-7%
Process Engineer76,700 USD-10%
Process Operator44,500 USD-48%
Product Development Engineer80,100 USD-6%
Product Development Technician55,900 USD-34%
Product Engineer79,500 USD-7%
Product Safety Engineer72,200 USD-15%
Production Engineer76,900 USD-10%
Project Engineer80,200 USD-6%
Proposal Manager100,000 USD+17%
Purchasing Engineer73,600 USD-14%
Quality Assurance Engineer74,600 USD-12%
Rail Engineer75,300 USD-12%
Regional Field Engineer81,700 USD-4%
Remote Sensing Engineer75,400 USD-11%
Robotics Engineer84,400 USD-1%
Robotics Technician67,100 USD-21%
Safety Engineer81,900 USD-4%
Safety Inspector60,900 USD-29%
Safety Manager96,700 USD+14%
Safety Officer41,100 USD-52%
Sales Engineer82,500 USD-3%
Scheduling Engineer70,000 USD-18%
Security Engineer84,600 USD-1%
Service Engineer84,700 USD-1%
Smart Home Engineer84,600 USD-1%
Solar Engineer84,800 USD-0%
Staff Engineer77,100 USD-9%
Static Equipment Engineer79,500 USD-7%
Stationary Engineer68,700 USD-19%
Stress Engineer72,600 USD-15%
Structural Analysis Engineer76,100 USD-11%
Structural Designer70,400 USD-17%
Structural Engineer75,500 USD-11%
Structural Technician49,100 USD-42%
Subsea Engineer93,200 USD+9%
Supply Chain Specialist75,300 USD-12%
Surveyor61,200 USD-28%
Technical Affairs Officer38,300 USD-55%
Technical Assistant41,400 USD-51%
Technical Engineer64,800 USD-24%
Technical Support Engineer65,700 USD-23%
Tender Engineer68,400 USD-20%
Test Development Engineer77,100 USD-9%
Test Engineer80,400 USD-6%
Transportation Engineer77,200 USD-9%
Urban Engineer82,600 USD-3%
Validation Engineer66,800 USD-22%
Verification Engineer77,000 USD-10%
Wastewater Engineer76,000 USD-11%
Wind Energy Engineer82,700 USD-3%
Wind Energy Operations Manager107,000 USD+26%
Wireless Engineer81,300 USD-5%
Work Planner54,800 USD-36%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Oil and Petrochemical Engineer in Montana?

A good and competitive compensation would range anywhere between 81,400 USD and 93,800 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Oil and Petrochemical Engineer in Montana ranges from 39,200 USD to 65,600 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic Spanish

©Salary Explorer 2024