2013 Geological Salary Survey

 

                  YEARS

            EXPERIENCE              HIGH                  AVERAGE                            LOW

                      0-2                 $ 115,000                    $ 103,400                      $ 95,000

                      3-5                    140,000                       114,500                       101,000

                      6-9                    160,000                       145,400                       134,000

                    10-14                  207,000                       147,600                       115,000

                    15-19                  278,000                       179,200                       144,400

                    20-24                  285,000                       219,500                       160,100           

                            25+                    425,000                       252,600                       180,000           

 

It is important to note that this survey is based on employed, salaried geoscientists and cannot account for the large number of unemployed or underemployed individuals.  Nor can these numbers take into account the compensation of individuals  who are primarily paid in the form of consulting fees, retainers, or overrides.  No attempt has been made to include any additional sums to account for employee benefits, bonuses, automobiles or other perquisites. The purpose of this survey is merely to provide a yardstick for those interested in accessing their compensation.  The author feels strongly that compensation is often a secondary consideration when evaluating overall job satisfaction.

 

The 2013 salary survey shows a weighted average increase of 8.8% in geoscience salaries.  The 0-2 year experience levels showed a small increase up 3%, but recently graduated bachelor level geologists had a difficult time finding work, and the few that did worked for lower salaries, depressing the overall average.  Mid-experienced geoscientists (from 10 to 19years experience) actually saw little change after having increased significantly over the past few years.  While these groups remain in strong demand, perhaps lethargic overall hiring has taken a toll on average salaries.  Very experienced (20+ year) geologists showed a 19.5% increase, perhaps reflecting the value placed on their ability to contribute during a slack time of industry growth, a desire to retain experienced staff, and a bit of make up for lower increases in the past.

 

 

HISTORICAL AVERAGES

YEARS                                                                                      AVERAGE SALARY           

EXPER           2005             2006             2007            2008                     2009               2010             2011              2012                  2013

0-2            $ 67,800          $ 74,400          $ 82,200          $  82,800                $  83,600  $ 87,600           $  93,000      $  98,700   $ 103,400

        3-5                  75,600          81,300               89,600               107,800                  108,000          105,600            102,300            109,400               114,500

6- 9                78,800          95,400                98,500               121,100                  118,400           121,700                 127,800    137,300                 145,400

10-14           107,500        114,400              111,500               119,800                  121,900           123,500                     139,100     153,400                              147,500

15-19            116,000        119,600              141,000               151,600                 139,400            150,800               151,000       193,600                                                  179,200

20-24            112,800        139,000              155,000               167,400                 176,800                180,300                         191,000      199,200     219,500

25+               128,300        134,100            149,900                162,800                 171,700            186,800          206,300            199,600                                 252,600

 

 

                                                                            AVERAGE SALARY BY DEGREE

                                          YEARS

                                     EXPERIENCE                                 B.S.                                    M.S.                            Ph.D.

                                             0-2                                   $ 96,000                           $  103,600                       $ 115,000

                                             3-5                                                                                106,700                           140,900

                                             6-9                                    134,000                               144,300                           160,000

                                          10-14                                    130,000                              138,300                           178,900                                                                         

                                            15-19                                  170,000                              202,0600                         149,700         

                                           20-24                                   195,900                              222,500                            238,000

                                             25+                                     219,800                             275,500