The U.S. Department of Labor Bureau of Labor Statistics predicted that the median annual salary for geoscientists will increase by 36% between 2010 and 2020. This huge jump, more than double the 14% average predicted for all careers, signals a hot marketplace, with plenty of opportunities for anyone looking to enter the field.
Salaries for geologists vary depending on the industry, region and experience of the geologist. In a 2014 survey by the U.S. Department of Labor, the median annual salary for geologists is $80,530.
According to that survey, the top 10 percent of geologists earn more than $122,250 per year while the bottom 10 percent earn less than $50,870 per year.
Salary for geologist
A person working as a Geologist in Nigeria typically earns around 556,000 NGN per month. Salaries range from 272,000 NGN (lowest) to 867,000 NGN (highest).
This is the average monthly salary including housing, transport, and other benefits. Geologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Geologist Salary Distribution in Nigeria
The median, the maximum, the minimum, and the range
- Salary RangeGeologist salaries in Nigeria range from 272,000 NGN per month (minimum salary) to 867,000 NGN per month (maximum salary).
- Median SalaryThe median salary is 567,000 NGN per month, which means that half (50%) of people working as Geologist(s) are earning less than 567,000 NGN while the other half are earning more than 567,000 NGN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
- PercentilesClosely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Geologist(s) are earning less than 377,000 NGN while 75% of them are earning more than 377,000 NGN. Also from the diagram, 75% of Geologist(s) are earning less than 731,000 NGN while 25% are earning more than 731,000 NGN.
Geologist Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Geologist salaries by experience level and this is what we found.
A Geologist with less than two years of experience makes approximately 323,000 NGN per month.
While someone with an experience level between two and five years is expected to earn 415,000 NGN per month, 29% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 572,000 NGN per month, 38% more than someone with two to five years of experience.
Additionally, Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 709,000 NGN per month, 24% 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 760,000 NGN per month, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 810,000 NGN per month, 7% more than people with fifteen to twenty years of experience.
Geologist average salary change by experience in Nigeria
| 0 – 2 Years | 323,000 NGN | |
| 2 – 5 Years | +29% | 415,000 NGN |
| 5 – 10 Years | +38% | 572,000 NGN |
| 10 – 15 Years | +24% | 709,000 NGN |
| 15 – 20 Years | +7% | 760,000 NGN |
| 20+ Years | +7% | 810,000 NGN |
Percentage increase and decrease are relative to the previous value
Geologist Salary Comparison By Education
How do education levels affect salaries?
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 Geologist salaries by education level in order to make a comparison.
When the education level is Bachelor’s Degree, the average salary of a Geologist is 379,000 NGN per month.
While someone with a Master’s Degree gets a salary of 522,000 NGN per month, 38% more than someone having a Bachelor’s Degree degree.
A PhD gets its holder an average salary of 855,000 NGN per month, 64% more than someone with a Master’s Degree.
Geologist average salary difference by education level in Nigeria
| Bachelor’s Degree | 379,000 NGN | |
| Master’s Degree | +38% | 522,000 NGN |
| PhD | +64% | 855,000 NGN |
Percentage increase and decrease are relative to the previous value
