Find out the salary details of a Petroleum Engineer job in Malaysia. Discover the average compensation for this lucrative profession and learn about the factors that influence an engineer's earning potential. Gain insight into the rewarding monetary benefits that come with a career in petroleum engineering.
What is the average Petroleum Engineer salary in Malaysia in 2024?
Average Petroleum Engineer monthly salary
2,300USD
(USD 27,000 yearly)
Low2,000USD
Average2,300USD
High2,600USD
A person working in Malaysia typically earns around USD 2,300 per month. Salaries range from USD 2,000 (lowest average) to USD 2,600 (highest average, actual maximum salary is higher).
This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Petroleum Engineer Pay Scale and Salaries in Malaysia
Pay Scale Comparison and Salary Structure
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Salary Structure
In Malaysia, nearly everyone working as a Petroleum Engineer earns less than USD 3,700. Approximately 75% of Petroleum Engineers in Malaysia earn USD 1,200 or less. Half of the employees in Malaysia who work as Petroleum Engineers earn less than USD 810, while the remaining 25% of Petroleum Engineers in Malaysia earn less than USD 610.
Minimum Wage and Starting Salary
Minimum Wage and Starting Salary, specific to Petroleum Engineer, refers to the fundamental pay levels for entry-level positions in this field. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires in Petroleum Engineer, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Malaysia, the minimum salary for Petroleum Engineer is USD 2,000.
Median Salary
In Malaysia, the median salary is USD 1,800. It provides a more balanced view of income distribution, making it less sensitive to extreme values, and is commonly used to gauge average earnings in various professions and industries. Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it.
Salary range and Percentile
Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Malaysia, the typical salary for Petroleum Engineer ranges between USD 2,000 and USD 2,600.
