Petroleum Engineer Salary Survey 2009

The worldwide median Base Pay in 2009 was $124,604, a decrease of about 2% from last year. Median Total Compensation was also down, from $158,103 in 2008 to an even $150,000. Even more dramatic was the reduction in the reported average annual increase in Base Pay to 6.6%, from a mark of 8.1% in the previous year. Only one region, Africa, reported a higher average increase in 2009 than in 2008.



Ref: SPE 2009 Salary Survey