Reservoir Engineer Average Salary in Philippines 2024
How much money does a person working as Reservoir Engineer make in Philippines?
LOW
16,600
PHP AVERAGE
36,000
PHP HIGH
57,300
PHP
A person working as Reservoir Engineer in Philippines typically earns around 36,000 PHP. Salaries range from 16,600 PHP (lowest) to 57,300 PHP (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Reservoir Engineer salaries in Philippines vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Reservoir Engineer Pay Scale and Salaries in Philippines
Salary Structure and Pay Scale Comparison
34,200 PHP or more
29,900 to 34,200 PHP
20,600 PHP or less
20,600 to 29,900 PHP
 16,600 PHP |
34,400 PHP |
57,300 PHP |
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 Reservoir Engineer in Philippines range from 16,600 PHP (starting salary) to 57,300 PHP (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 34,400 PHP, half of the professionals who work as Reservoir Engineer in Philippines 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 Reservoir Engineer in Philippines earn less than 27,800 PHP, while 75% earn more. Similarly, the chart shows that 75% earn less than 39,700 PHP 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 Reservoir Engineer in Philippines compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 20,600 PHP to 29,900 PHP. About 20% of salaries are below the 20,600 PHP mark, while 10% fall within the range of 29,900 PHP to 34,200 PHP. Only 5% of individuals have salaries exceeding 34,200 PHP.
Salary Comparison by Years of Experience / Reservoir Engineer / Philippines
How do experience and age affect pay?
| 0 - 2 Years | 18,800 PHP | |
| 2 - 5 Years | +34% | 25,100 PHP |
| 5 - 10 Years | +48% | 37,100 PHP |
| 10 - 15 Years | +22% | 45,300 PHP |
| 15 - 20 Years | +9% | 49,300 PHP |
| 20+ Years | +8% | 53,400 PHP |
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 Reservoir Engineer and this is what we found.
Employees with less than two years of experience earn approximately 18,800 PHP.
While someone with an experience level between two and five years is expected to earn 25,100 PHP, 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 37,100 PHP, 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 45,300 PHP, 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 49,300 PHP, 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 53,400 PHP, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Reservoir Engineer / Philippines
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Reservoir Engineer.
| Bachelor's Degree | 21,900 PHP | |
| Master's Degree | +93% | 42,200 PHP |
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 Reservoir Engineer in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 21,900 PHP.
Level 2: Master's Degree
At this level, the average salary becomes 42,200 PHP, 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 Philippines costs anywhere from 224,000 PHP to 671,000 PHP 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 / Reservoir Engineer / Philippines
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 Reservoir Engineer in Philippines, the average difference between the salary of male and female employees is 15%.
| Male | 38,500 PHP | |
| Female | -13% | 33,600 PHP |
Salary Comparison By Gender in Philippines for all Careers
Average Annual Salary Increment Percentage / Reservoir Engineer / Philippines
How much are annual salary increments in Philippines for individuals working as Reservoir Engineer? How often do employees get salary raises?
Individuals working as Reservoir Engineer in Philippines are likely to observe a salary increase of approximately 11% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
Philippines / 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 / Reservoir Engineer / Philippines
How much and how often are bonuses being awarded?
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68% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 32% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
| Received Bonus | 32% | |
| No Bonus | 68% |
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 / Reservoir Engineer / Philippines
210 PHP per hourThe average hourly wage (pay per hour) for individuals working as Reservoir Engineer in Philippines is 210 PHP.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 Reservoir Engineer in Philippines is 96 PHP. 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 |
| Oil / Gas / Energy / Mining |  -100% | |
| Assistant Yard Manager | 36,700 PHP |  +2% |
| Associate Analyst | 43,600 PHP | +21% |
| Associate Landman | 18,300 PHP | -49% |
| Auxiliary Equipment Operator | 15,600 PHP | -57% |
| Biomass Plant Technician | 20,400 PHP | -43% |
| Biomass Power Plant Manager | 57,000 PHP | +58% |
| Carbon Capture and Storage Specialist | 42,200 PHP | +17% |
| Chemical Plant Operator | 32,600 PHP | -10% |
| Chief Contract Compliance Engineer | 39,600 PHP | +10% |
| Chief Renewable Energy Officer | 68,900 PHP | +91% |
| Chief Sustainability Officer | 69,500 PHP | +93% |
| Completions Engineer | 38,600 PHP | +7% |
| Cost Controller | 28,000 PHP | -22% |
| Cost Engineer | 40,500 PHP | +12% |
| Crude Oil Marketing Representative | 41,800 PHP | +16% |
| Deep-sea Mining Engineer | 46,400 PHP | +29% |
| Dispatcher | 16,800 PHP | -53% |
| Distribution Manager | 55,000 PHP | +53% |
| Dragline Operator | 18,100 PHP | -50% |
| Driller Offsider | 13,800 PHP | -62% |
| Dump Truck Driver | 15,000 PHP | -58% |
| Electric and Gas Operations Manager | 87,800 PHP | +140% |
| Energy Advisor | 61,200 PHP | +70% |
| Energy Analyst | 57,200 PHP | +59% |
| Energy Auditor | 49,000 PHP | +36% |
| Energy Dispatch Director | 71,000 PHP | +97% |
| Energy Efficiency Auditor | 40,500 PHP | +12% |
| Energy Efficiency Consultant | 50,900 PHP | +41% |
| Energy Modeler | 39,600 PHP | +10% |
| Energy Policy Analyst | 39,700 PHP | +10% |
| Energy Storage Engineer | 39,800 PHP | +10% |
| Energy Technical Assistant | 24,800 PHP | -31% |
| Energy Technical Manager | 46,700 PHP | +30% |
| Energy Technical Support Manager | 46,600 PHP | +29% |
| Energy Technical Trainer | 35,300 PHP | -2% |
| Engineering Geologist | 70,500 PHP | +96% |
| Exploration Manager | 70,000 PHP | +94% |
| Field Safety Auditor | 43,700 PHP | +21% |
| Fluids Engineer | 38,300 PHP | +6% |
| Fuel Cell Engineer | 43,100 PHP | +20% |
| Fuel Cell Technician | 20,000 PHP | -44% |
| Fuels Handler | 18,100 PHP | -50% |
| Gas Compressor Operator | 17,800 PHP | -51% |
| Gas Distribution Plant Operator | 32,100 PHP | -11% |
| Gas Supply Manager | 63,400 PHP | +76% |
| Geologist | 72,900 PHP | +100% |
| Geophysicist | 71,100 PHP | +97% |
| Geothermal Engineer | 46,500 PHP | +29% |
| Geothermal Production Manager | 71,000 PHP | +97% |
| Geothermal Technician | 28,300 PHP | -21% |
| HSE Engineer | 40,500 PHP | +12% |
| HSE Officer | 23,900 PHP | -34% |
| HSE Supervisor | 29,100 PHP | -19% |
| HSEQ Administrator | 27,000 PHP | -25% |
| Hydrogen Fuel Cell Engineer | 44,200 PHP | +23% |
| Inspector | 35,900 PHP | -0% |
| Instructor | 31,700 PHP | -12% |
| Instrument Designer | 30,700 PHP | -15% |
| Lead Technical Field Advisor | 52,100 PHP | +45% |
| Lithium Ion Battery Engineer | 38,300 PHP | +6% |
| Logistics and Tool Coordinator | 33,200 PHP | -8% |
| Maintenance Engineer | 39,000 PHP | +8% |
| Maintenance Superintendent | 36,300 PHP | +1% |
| Material Controller | 27,000 PHP | -25% |
| Methane Detection and Mitigation Specialist | 38,600 PHP | +7% |
| Mine Engineer | 38,100 PHP | +6% |
| Mine Surveyor | 44,400 PHP | +23% |
| Mining Project Administrator | 33,800 PHP | -6% |
| Mining Project Assistant | 27,300 PHP | -24% |
| Mining Project Controls Consultant | 46,300 PHP | +29% |
| Mining Project Coordinator | 34,200 PHP | -5% |
| Mining Project Engineer | 36,800 PHP | +2% |
| Mining Project Manager | 49,400 PHP | +37% |
| Mining Site Manager | 53,700 PHP | +49% |
| Mining Team Leader | 44,300 PHP | +23% |
| Natural Gas Engineer | 43,300 PHP | +20% |
| NDT Technician | 24,800 PHP | -31% |
| Net Zero Energy Consultant | 54,000 PHP | +50% |
| Oil Service Unit Operator | 21,600 PHP | -40% |
| Oil Trader | 50,000 PHP | +39% |
| Oilwell Pumper | 14,400 PHP | -60% |
| Petroleum Engineer | 45,900 PHP | +27% |
| Petroleum Geologist | 73,900 PHP | +110% |
| Petroleum Pump System Operator | 22,400 PHP | -38% |
| Petroleum Technician | 24,100 PHP | -33% |
| Photovoltaic Engineer | 44,400 PHP | +23% |
| Pipeline Technician | 15,300 PHP | -58% |
| Power Coordinator | 24,500 PHP | -32% |
| Power Plant Operations Manager | 76,100 PHP | +110% |
| Power Plant Operator | 31,800 PHP | -12% |
| Radio Operator | 17,600 PHP | -51% |
| Reliability Engineer | 39,000 PHP | +8% |
| Renewable Energy Consultant | 59,200 PHP | +64% |
| Renewable Energy Engineer | 43,300 PHP | +20% |
| Renewable Energy Policy Analyst | 47,800 PHP | +33% |
| Reservoir Engineer | 36,000 PHP | -0% |
| Risk Analyst | 46,800 PHP | +30% |
| Roughneck | 42,500 PHP | +18% |
| Scaffolder | 26,600 PHP | -26% |
| Shutdown Engineer | 32,000 PHP | -11% |
| Smart Grid Analyst | 44,000 PHP | +22% |
| Smart Grid Engineer | 43,400 PHP | +20% |
| Solar Energy Installation Manager | 59,500 PHP | +65% |
| Solar Energy Systems Engineer | 40,700 PHP | +13% |
| Solar Photovoltaic Installer | 24,900 PHP | -31% |
| Solar Thermal Technician | 25,400 PHP | -29% |
| Supply Operations Manager | 65,800 PHP | +83% |
| Sustainability Analyst | 51,000 PHP | +42% |
| Sustainability Architect | 53,800 PHP | +49% |
| Sustainability Specialist | 65,200 PHP | +81% |
| Sustainable Energy Consultant | 55,400 PHP | +54% |
| System Development Advisor | 43,500 PHP | +21% |
| Tanker Truck Driver | 15,100 PHP | -58% |
| Unconventional Oil and Gas Engineer | 43,800 PHP | +22% |
| Utility Operator | 21,800 PHP | -39% |
| Waste-to-Energy Specialist | 51,300 PHP | +42% |
| Wind Energy Project Manager | 56,500 PHP | +57% |
| Wind Farm Technician | 26,700 PHP | -26% |
| Wind Turbine Technician | 33,300 PHP | -8% |
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 Philippines is 12% on average across all career fields.
| Private Sector | 42,300 PHP | |
| Public Sector | +12% | 47,300 PHP |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Reservoir Engineer in Philippines?
A good and competitive compensation would range anywhere between 34,400 PHP and 39,700 PHP. 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 Reservoir Engineer in Philippines ranges from 16,600 PHP to 27,800 PHP. 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
