The Determining Factors Of Lucrative Geologist Salary

A geologist aptly uses his expertise in identifying ideal location for construction

in the seismic areas, tapping the rich mines, oil and gas fields or conducting a geological survey for public, private or government agencies. Pursuing a career in geology not only ensures you vast career options but also lucrative salaries.

Education and Experience

In the discipline of geology, the bachelor and masters degrees do not make much difference if they are not coupled with work experience. A doctorate in geology enhances the job opportunities and chances of getting handsome salaries.

Work experience is the principal requirement for this profession in addition to the basic specialization in geology. The more the work experiences higher the income of a geologist. Present trend shows that experienced geologists get double salaries in comparison to their inexperienced counterparts. Even, the geologists with 1-4 years of experience get a lower bracket salary. Similarly, the older geologists get better paid than the younger geologists on the basis of work experience.

Industry

The oil and gas industries are the best paymasters when it comes to the salaries of geologists. As they are always busy in tapping new resources, there is a high demand for geologists in this industry. Therefore, they offer quite competitive and lucrative salaries to the recruited geologists in comparison to other industries.

Next is the research and education industry which again provides plenty of alternatives to the prospective and existing geologists. Like oil and gas industry, this is also an evergreen industry with surplus financial viability and promises a bright future and rewarding career to the geologists.

Cost of Living

Geologist salary is also determined by the cost of living in a particular city. For example, in oil rich industrial center Texas ; the geologists join the list of best paid professionals. In a similar manner, Houston offers one of the highest geologist salaries. Overall, a low cost of living in a city leads to high geologist salaries and vice versa.

by: Peter Gitundu

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