Tool Designer Salary In Malaysia
How much money does a Mine Engineer make in Malaysia?
Average Monthly Salary
5,800 MYR
( 69,600 MYR yearly)
LOW
2,780
MYR AVERAGE
5,800
MYR HIGH
9,100
MYR
A person working as a Mine Engineer in Malaysia typically earns around 5,800 MYR per month. Salaries range from 2,780 MYR (lowest) to 9,100 MYR (highest).
This is the average monthly salary including housing, transport, and other benefits. Mine Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Mine Engineer Salary Distribution in Malaysia
The median, the maximum, the minimum, and the range
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Salary Range
Mine Engineer salaries in Malaysia range from 2,780 MYR per month (minimum salary) to 9,100 MYR per month (maximum salary).
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Median Salary
The median salary is 6,030 MYR per month, which means that half (50%) of people working as Mine Engineer(s) are earning less than 6,030 MYR while the other half are earning more than 6,030 MYR. 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.
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Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Mine Engineer(s) are earning less than 3,970 MYR while 75% of them are earning more than 3,970 MYR. Also from the diagram, 75% of Mine Engineer(s) are earning less than 7,870 MYR while 25% are earning more than 7,870 MYR.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
Mine Engineer 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 Mine Engineer salaries by experience level and this is what we found.
A Mine Engineer with less than two years of experience makes approximately 3,260 MYR per month.
While someone with an experience level between two and five years is expected to earn 4,620 MYR per month, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 6,070 MYR per month, 31% more than someone with two to five years of experience.
" On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. "
Additionally, Mine Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 7,460 MYR per month, 23% 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 7,940 MYR per month, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 8,690 MYR per month, 10% more than people with fifteen to twenty years of experience.
Mine Engineer average salary change by experience in Malaysia
| 0 - 2 Years | 3,260 MYR | |
| 2 - 5 Years | +42% | 4,620 MYR |
| 5 - 10 Years | +31% | 6,070 MYR |
| 10 - 15 Years | +23% | 7,460 MYR |
| 15 - 20 Years | +6% | 7,940 MYR |
| 20+ Years | +10% | 8,690 MYR |
Percentage increase and decrease are relative to the previous value
Typical Salary Progress for Most Careers
Mine Engineer Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Mine Engineer(s) who have the same experience but different education levels.
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 Mine Engineer salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Mine Engineer is 5,120 MYR per month.
While someone with a Master's Degree gets a salary of 7,330 MYR per month, 43% more than someone having a Bachelor's Degree degree.
Mine Engineer average salary difference by education level in Malaysia
| Bachelor's Degree | 5,120 MYR | |
| Master's Degree | +43% | 7,330 MYR |
Percentage increase and decrease are relative to the previous value
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Malaysia costs anywhere from 32,900 Malaysian Ringgit(s) to 98,800 Malaysian Ringgit(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Mine Engineer Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Mine Engineer employees in Malaysia earn 7% more than their female counterparts on average.
| Male | 6,040 MYR | |
| Female | -6% | 5,660 MYR |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Malaysia for all Careers
Mine Engineer Average Annual Salary Increment Percentage in Malaysia
How much are annual salary increments in Malaysia for Mine Engineer(s)? How often do employees get salary raises?
Mine Engineer
Mine Engineer(s) in Malaysia are likely to observe a salary increase of approximately 13% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.
Malaysia / All Professions
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
"The average salary increase in one year (12 months) in Malaysia is 6%."
Annual Increment Rate By Industry 2020
| Banking | 4% | |
| Energy | 8% | |
| Information Technology | 3% | |
| Healthcare | 7% | |
| Travel | 2% | |
| Construction | 6% | |
| Education | 1% |
Listed above are the average annual increase rates for each industry in Malaysia for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Mine Engineer Bonus and Incentive Rates in Malaysia
How much and how often are bonuses being awarded?
A Mine Engineer is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
44% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 56% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 56% | |
| No Bonus | 44% |
Types of Bonuses Considered
Individual Performance-Based Bonuses
The most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based Bonuses
Granted upon achieving an important goal or milestone.
Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
| Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
| Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
"Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine."
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Mine Engineer Average Hourly Wage in Malaysia
The average hourly wage (pay per hour) in Malaysia is 33 MYR. This means that the average Mine Engineer in Malaysia earns approximately 33 MYR for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Mine Engineer VS Other Jobs
The average salary for Mine Engineer is 2% less than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.
Salary comparison with similar jobs
| Assistant Yard Manager | 5,840 MYR |  +1% |
| Associate Analyst | 6,670 MYR | +15% |
| Associate Landman | 2,800 MYR |  -52% |
| Auxiliary Equipment Operator | 2,400 MYR | -59% |
| Biomass Plant Technician | 2,970 MYR | -49% |
| Biomass Power Plant Manager | 8,770 MYR | +51% |
| Chemical Plant Operator | 4,850 MYR | -16% |
| Chief Contract Compliance Engineer | 6,460 MYR | +11% |
| Completions Engineer | 5,770 MYR | -1% |
| Cost Controller | 4,410 MYR | -24% |
| Crude Oil Marketing Representative | 6,520 MYR | +12% |
| Dispatcher | 2,700 MYR | -53% |
| Distribution Manager | 8,760 MYR | +51% |
| Dragline Operator | 2,930 MYR | -49% |
| Driller Offsider | 2,200 MYR | -62% |
| Dump Truck Driver | 2,330 MYR | -60% |
| Electric and Gas Operations Manager | 14,000 MYR | +140% |
| Energy Advisor | 9,210 MYR | +59% |
| Energy Analyst | 8,790 MYR | +52% |
| Energy Auditor | 7,970 MYR | +37% |
| Energy Dispatch Director | 10,900 MYR | +88% |
| Energy Technical Assistant | 3,950 MYR | -32% |
| Energy Technical Manager | 7,430 MYR | +28% |
| Energy Technical Trainer | 5,460 MYR | -6% |
| Exploration Manager | 10,300 MYR | +78% |
| Field Safety Auditor | 6,780 MYR | +17% |
| Fluids Engineer | 6,090 MYR | +5% |
| Fuel Cell Engineer | 6,180 MYR | +7% |
| Fuel Cell Technician | 3,040 MYR | -48% |
| Fuels Handler | 2,820 MYR | -51% |
| Gas Compressor Operator | 2,590 MYR | -55% |
| Gas Distribution Plant Operator | 4,950 MYR | -15% |
| Gas Supply Manager | 9,490 MYR | +64% |
| Geologist | 10,500 MYR | +81% |
| Geophysicist | 11,500 MYR | +98% |
| Geothermal Production Manager | 9,980 MYR | +72% |
| Geothermal Technician | 4,210 MYR | -27% |
| HSE Engineer | 6,040 MYR | +4% |
| HSE Officer | 3,790 MYR | -35% |
| HSEQ Administrator | 4,220 MYR | -27% |
| Inspector | 5,420 MYR | -7% |
| Instructor | 5,150 MYR | -11% |
| Instrument Designer | 4,990 MYR | -14% |
| Lead Technical Field Advisor | 8,080 MYR | +39% |
| Logistics and Tool Coordinator | 5,140 MYR | -11% |
| Maintenance Engineer | 6,130 MYR | +6% |
| Maintenance Superintendent | 5,670 MYR | -2% |
| Material Controller | 3,980 MYR | -31% |
| Mine Engineer | 5,800 MYR | +0% |
| Mine Surveyor | 6,820 MYR | +18% |
| Mining Project Administrator | 5,620 MYR | -3% |
| Mining Project Assistant | 4,430 MYR | -24% |
| Mining Project Controls Consultant | 6,530 MYR | +13% |
| Mining Project Coordinator | 5,620 MYR | -3% |
| Mining Project Engineer | 5,680 MYR | -2% |
| Mining Project Manager | 7,440 MYR | +28% |
| Mining Site Manager | 8,260 MYR | +42% |
| Mining Team Leader | 6,440 MYR | +11% |
| NDT Technician | 3,710 MYR | -36% |
| Oil Service Unit Operator | 3,260 MYR | -44% |
| Oil Trader | 7,760 MYR | +34% |
| Oilwell Pumper | 2,320 MYR | -60% |
| Petroleum Engineer | 7,180 MYR | +24% |
| Petroleum Geologist | 11,400 MYR | +97% |
| Petroleum Pump System Operator | 3,300 MYR | -43% |
| Pipeline Technician | 2,280 MYR | -61% |
| Power Coordinator | 3,610 MYR | -38% |
| Power Plant Operations Manager | 12,000 MYR | +110% |
| Power Plant Operator | 5,100 MYR | -12% |
| Radio Operator | 2,700 MYR | -53% |
| Reliability Engineer | 6,120 MYR | +6% |
| Reservoir Engineer | 5,610 MYR | -3% |
| Risk Analyst | 7,350 MYR | +27% |
| Roughneck | 6,250 MYR | +8% |
| Scaffolder | 3,880 MYR | -33% |
| Shutdown Engineer | 4,950 MYR | -15% |
| Solar Energy Installation Manager | 8,640 MYR | +49% |
| Solar Energy Systems Engineer | 6,270 MYR | +8% |
| Solar Photovoltaic Installer | 4,080 MYR | -30% |
| Solar Thermal Technician | 3,610 MYR | -38% |
| Supply Operations Manager | 10,400 MYR | +79% |
| Sustainability Specialist | 9,510 MYR | +64% |
| System Development Advisor | 6,720 MYR | +16% |
| Tanker Truck Driver | 2,450 MYR | -58% |
| Utility Operator | 3,270 MYR | -44% |
| Wind Energy Project Manager | 8,590 MYR | +48% |
Salary Comparison By City
| Ampang | 5,440 MYR |
| Ipoh | 6,200 MYR |
| Johor Bahru | 6,200 MYR |
| Klang | 5,320 MYR |
| Kota Kinabalu | 5,820 MYR |
| Kuala Lumpur | 6,610 MYR |
| Kuching | 6,040 MYR |
| Petaling Jaya | 5,980 MYR |
| Shah Alam | 6,230 MYR |
| Subang Jaya | 5,600 MYR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Malaysia earn 9% more than their private sector counterparts on average across all sectors.
| Private Sector | 6,310 MYR | |
| Public Sector | +9% | 6,880 MYR |
Percentage increase and decrease are relative to the previous value
Tool Designer Salary In Malaysia
Source: http://www.salaryexplorer.com/salary-survey.php?loc=130&loctype=1&job=571&jobtype=3
Posted by: bakerdreme1954.blogspot.com
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