Oil and Petrochemical Engineer Average Salary in Montana 2024
How much money does a person working as Oil and Petrochemical Engineer make in Montana?
LOW
39,200
USD AVERAGE
85,200
USD HIGH
135,000
USD
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
Salary Structure and Pay Scale Comparison
80,800 USD or more
70,800 to 80,800 USD
48,800 USD or less
48,800 to 70,800 USD
 39,200 USD |
81,400 USD |
135,000 USD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
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 |
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.
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.
Typical Salary Progress for Most Careers
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 |
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 and Compensation Comparison By Gender / Oil and Petrochemical Engineer / Montana
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 |
Salary Comparison By Gender in United States for all Careers
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.
United States / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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?
Share This Chart Tweet 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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 hourThe 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.
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 Title | Average Salary |
| Engineering |  -100% | |
| 3D Printing Engineer | 70,100 USD | -18% |
| Acoustics Engineer | 77,600 USD | -9% |
| Assembly Engineering Technician | 59,000 USD | -31% |
| Assistant Chief Engineer | 85,000 USD | -0% |
| Associate Engineer | 69,700 USD | -18% |
| AutoCAD Drafter | 46,600 USD | -45% |
| Autocad Operator | 48,000 USD | -44% |
| Automation Engineer | 84,300 USD | -1% |
| Avionic System Support Engineer | 73,300 USD | -14% |
| Biochemical Engineer | 75,300 USD | -12% |
| BMS Engineer | 74,800 USD | -12% |
| Bridge and Lock Tender | 43,000 USD | -50% |
| Broadcast Engineer | 76,200 USD | -11% |
| CAD Design Engineer | 79,200 USD | -7% |
| CAD Designer | 47,700 USD | -44% |
| CAE Engineer | 80,300 USD | -6% |
| Ceramics Engineer | 69,000 USD | -19% |
| Chemical Engineer | 82,400 USD | -3% |
| Civil Drafter | 50,000 USD | -41% |
| Civil Engineer | 77,400 USD | -9% |
| Civil Site Engineer | 84,000 USD | -1% |
| Civil Technician | 49,200 USD | -42% |
| Cognitive Engineer | 76,300 USD | -10% |
| Commissioning Engineer | 76,100 USD | -11% |
| Communications Engineer | 83,500 USD | -2% |
| Condition Monitoring Engineer | 65,700 USD | -23% |
| Contract Associate Engineer | 76,600 USD | -10% |
| Contract Engineer | 76,100 USD | -11% |
| Control Systems Engineer | 73,500 USD | -14% |
| Controls Engineer | 77,800 USD | -9% |
| Controls Software Engineer | 72,300 USD | -15% |
| Corrosion Engineer | 70,000 USD | -18% |
| Design Engineer | 76,200 USD | -11% |
| Director of Engineering | 162,000 USD |  +90% |
| Drafter | 47,100 USD | -45% |
| Drafting Manager | 85,800 USD | +1% |
| Drilling Engineer | 79,500 USD | -7% |
| Drilling Foreman | 24,600 USD | -71% |
| Electrical Draughtsman | 40,500 USD | -52% |
| Electrical Engineer | 89,300 USD | +5% |
| Electrical Engineering Manager | 116,000 USD | +36% |
| Electromechanical Engineering Technologist | 82,400 USD | -3% |
| Electromechanical Equipment Assembler | 40,000 USD | -53% |
| Energy Engineer | 85,500 USD | +0% |
| Engine Assembler | 34,500 USD | -60% |
| Engineer | 84,700 USD | -1% |
| Engineering Account Manager | 92,600 USD | +9% |
| Engineering Chief Designer | 88,900 USD | +4% |
| Engineering Consultant | 103,000 USD | +21% |
| Engineering Key Account Manager | 109,000 USD | +28% |
| Engineering Lab Technician | 76,900 USD | -10% |
| Engineering Manager | 106,000 USD | +24% |
| Engineering Planning Manager | 104,000 USD | +22% |
| Engineering Production Manager | 134,000 USD | +57% |
| Engineering Project Analyst | 92,800 USD | +9% |
| Engineering Project Coordinator | 89,600 USD | +5% |
| Engineering Project Director | 154,000 USD | +81% |
| Engineering Project Leader | 102,000 USD | +20% |
| Engineering Project Manager | 107,000 USD | +26% |
| Engineering Research and Development Manager | 124,000 USD | +46% |
| Engineering Safety Coordinator | 61,800 USD | -27% |
| Engineering Sales Manager | 110,000 USD | +29% |
| Engineering Technician | 59,400 USD | -30% |
| Engineering Technologist | 58,900 USD | -31% |
| Environmental Engineer | 78,100 USD | -8% |
| Equipment Engineer | 72,200 USD | -15% |
| Equipment Engineering Manager | 104,000 USD | +22% |
| Estimator | 65,500 USD | -23% |
| Fabrication Specialist | 55,100 USD | -35% |
| Fabricator | 35,200 USD | -59% |
| Facade Engineer | 79,500 USD | -7% |
| Fiber Analyst | 45,400 USD | -47% |
| Field Engineer | 81,100 USD | -5% |
| Field Engineering Manager | 131,000 USD | +54% |
| Fire Engineer | 78,400 USD | -8% |
| Fitter and Turner | 24,900 USD | -71% |
| Forestry Strategic Planner | 87,900 USD | +3% |
| Generation Engineer | 77,700 USD | -9% |
| Genetic Engineer | 83,800 USD | -2% |
| Geological Engineer | 84,700 USD | -1% |
| Geotechnical Engineer | 81,900 USD | -4% |
| Heavy Equipment Mechanic | 42,400 USD | -50% |
| Highway Engineer | 76,100 USD | -11% |
| HSE Professional | 72,800 USD | -15% |
| Human Machine Interface Engineer | 74,500 USD | -13% |
| HVAC Engineer | 80,700 USD | -5% |
| HVAC Supervisor | 73,600 USD | -14% |
| Industrial Engineer | 72,500 USD | -15% |
| Industrial Engineering Technologist | 75,900 USD | -11% |
| Instrument Engineer | 77,500 USD | -9% |
| Instrument Technician | 42,300 USD | -50% |
| Instrumentation and Control Engineer | 75,600 USD | -11% |
| Instrumentation Designer | 64,100 USD | -25% |
| Instrumentation Engineer | 79,700 USD | -6% |
| Instrumentation Manager | 74,500 USD | -13% |
| Irrigation Engineer | 72,600 USD | -15% |
| Licensed Aircraft Engineer | 83,800 USD | -2% |
| Locomotive Engineer | 74,400 USD | -13% |
| Maintenance Engineer | 76,900 USD | -10% |
| Maintenance Fitter | 27,000 USD | -68% |
| Maintenance Manager | 78,000 USD | -8% |
| Manufacturing Engineer | 78,500 USD | -8% |
| Marine Engineer | 81,300 USD | -5% |
| Materials Engineer | 78,800 USD | -7% |
| Materials Researcher | 70,400 USD | -17% |
| Materials Technician | 56,700 USD | -33% |
| Mechanical and Electrical Engineer | 85,200 USD | +0% |
| Mechanical Design Engineer | 83,900 USD | -2% |
| Mechanical Designer | 67,400 USD | -21% |
| Mechanical Engineer | 85,000 USD | -0% |
| Mechanical Engineering Manager | 111,000 USD | +30% |
| Mechanical Inspector | 72,400 USD | -15% |
| Mechatronics Engineer | 79,500 USD | -7% |
| Mining Engineer | 76,200 USD | -11% |
| Nanotechnology Engineer | 82,900 USD | -3% |
| Natural Language Processing Engineer | 84,800 USD | -0% |
| Oil and Petrochemical Engineer | 85,200 USD | +0% |
| Optical Engineer | 74,200 USD | -13% |
| Optical Instrument Assembler | 38,400 USD | -55% |
| PCB Assembler | 28,900 USD | -66% |
| Photonics Engineer | 89,600 USD | +5% |
| Photonics Technician | 72,600 USD | -15% |
| Pipeline Engineer | 71,700 USD | -16% |
| Piping Designer | 42,200 USD | -50% |
| Piping Engineer | 70,800 USD | -17% |
| Planning Engineer | 78,200 USD | -8% |
| Pressure Vessel Inspector | 38,200 USD | -55% |
| Principal Cost Engineer | 78,000 USD | -8% |
| Principal Engineer | 79,500 USD | -7% |
| Principal Support Engineer | 78,900 USD | -7% |
| Process Engineer | 76,700 USD | -10% |
| Process Operator | 44,500 USD | -48% |
| Product Development Engineer | 80,100 USD | -6% |
| Product Development Technician | 55,900 USD | -34% |
| Product Engineer | 79,500 USD | -7% |
| Product Safety Engineer | 72,200 USD | -15% |
| Production Engineer | 76,900 USD | -10% |
| Project Engineer | 80,200 USD | -6% |
| Proposal Manager | 100,000 USD | +17% |
| Purchasing Engineer | 73,600 USD | -14% |
| Quality Assurance Engineer | 74,600 USD | -12% |
| Rail Engineer | 75,300 USD | -12% |
| Regional Field Engineer | 81,700 USD | -4% |
| Remote Sensing Engineer | 75,400 USD | -11% |
| Robotics Engineer | 84,400 USD | -1% |
| Robotics Technician | 67,100 USD | -21% |
| Safety Engineer | 81,900 USD | -4% |
| Safety Inspector | 60,900 USD | -29% |
| Safety Manager | 96,700 USD | +14% |
| Safety Officer | 41,100 USD | -52% |
| Sales Engineer | 82,500 USD | -3% |
| Scheduling Engineer | 70,000 USD | -18% |
| Security Engineer | 84,600 USD | -1% |
| Service Engineer | 84,700 USD | -1% |
| Smart Home Engineer | 84,600 USD | -1% |
| Solar Engineer | 84,800 USD | -0% |
| Staff Engineer | 77,100 USD | -9% |
| Static Equipment Engineer | 79,500 USD | -7% |
| Stationary Engineer | 68,700 USD | -19% |
| Stress Engineer | 72,600 USD | -15% |
| Structural Analysis Engineer | 76,100 USD | -11% |
| Structural Designer | 70,400 USD | -17% |
| Structural Engineer | 75,500 USD | -11% |
| Structural Technician | 49,100 USD | -42% |
| Subsea Engineer | 93,200 USD | +9% |
| Supply Chain Specialist | 75,300 USD | -12% |
| Surveyor | 61,200 USD | -28% |
| Technical Affairs Officer | 38,300 USD | -55% |
| Technical Assistant | 41,400 USD | -51% |
| Technical Engineer | 64,800 USD | -24% |
| Technical Support Engineer | 65,700 USD | -23% |
| Tender Engineer | 68,400 USD | -20% |
| Test Development Engineer | 77,100 USD | -9% |
| Test Engineer | 80,400 USD | -6% |
| Transportation Engineer | 77,200 USD | -9% |
| Urban Engineer | 82,600 USD | -3% |
| Validation Engineer | 66,800 USD | -22% |
| Verification Engineer | 77,000 USD | -10% |
| Wastewater Engineer | 76,000 USD | -11% |
| Wind Energy Engineer | 82,700 USD | -3% |
| Wind Energy Operations Manager | 107,000 USD | +26% |
| Wireless Engineer | 81,300 USD | -5% |
| Work Planner | 54,800 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 |
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
