Average Salary for Marathon Oil Corporation Employees

It is not unusual for people who work at Marathon Oil Corporation to earn generous salaries — average pay comes to $100K per year. Your city is the biggest factor affecting pay for Marathon Oil Corporation workers, followed by your job title and your experience level. The data for this report comes from responses to the PayScale salary survey.

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How This Employer Pays

Marathon Oil Corporation typically pays:
9%
above market

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Employer: Marathon Oil Corporation
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80K$160K$240K
[-]Accountant (3)
$48,191 - $77,771  
   
[-]Accountant (3)
Salary$48,634 - $73,052  
   
Bonus$919 - $7,828  
Total Pay$48,191 - $77,771  
[+]Reservoir Engineer (2)
$89,276 - $213,919  
   
[+]Reservoir Engineer (2)
Salary$84,837 - $207,756  
   
Bonus$4,583 - $37,380  
Total Pay$89,276 - $213,919  
[+]Drilling Engineer (2)
$88,423 - $137,234  
   
[+]Drilling Engineer (2)
Salary$80,540 - $117,230  
   
Bonus$5,582 - $24,039  
Total Pay$88,423 - $137,234  
[+]Sr. Administrative Assistant (2)
$38,437 - $71,383  
   
[+]Sr. Administrative Assistant (2)
Bonus$546 - $7,018  
   
Total Pay$38,437 - $71,383  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 21 Nov 2014 | Individuals Reporting: 59
United States (change)

About This Company

United States of America 

1887

Petroleum, Petroleum Refineries, Petroleum industry

28,855

Marathon Oil Company


Freebase CC-BY Source: Freebase, licensed under CC-BY

Locations

When it comes to location, the highest average paycheck (around $193K annually) can be spotted in North Houston; San Antonio ($119K), Houston (about $106K), and Williston (approximately $73K) are the next top-paying cities. Findlay is one of the lowest-paid cities, with earnings averaging $45K. By state, the highest pay levels are found in Texas, where the average Marathon Oil Corporation employee makes $108K per year.

Jobs

Geophysicists earn the highest median pay at around $205K, followed by Reservoir Engineers (about $131K), Drilling Engineers ($103K), and Accountants ($61K).

Years of Experience

For those with five to nine years of experience, average earnings amount to approximately $119K. For those with one to four years of experience, paychecks typically reach $70K. Broken down by tenure, the largest share of Marathon Oil Corporation employees (30 percent) have 20 years or more of experience and typically earn $143K annually.

Certifications and Degrees

Monetary compensation comes to around $161K for Licensed Lawyers, far surpassing the earnings of non-credentialed workers. Earning a Certified Professional Engineer certification garners significant financial rewards of $155K per year. The best paid folks at Marathon Oil Corporation have a law degree, earning about $161K annually.

Skills

The highest-paying skill to have in this role seems to be Reservoir Engineering; employees claiming this as part of the toolbox earn a median of $131K. Microsoft Excel is regularly seen around here; just under a fifth of those surveyed report it as a core competency. Employees also tend to round out their skills sets with Microsoft Office, Contract Negotiation, and Data Analysis.

Benefits and Perks

Workers who save for retirement get lots of help because the company offers a number of savings programs including a 401(k) plan and a company pension plan. Almost all workers have health insurance, and benefits for the greater part of workers also include dental insurance. Marathon Oil Corporation also dishes out privileges such as flexible hours, a subsidized cell phone, gym membership, and life insurance.

Key Stats for Marathon Oil Corporation

Gender

Female
44 %
Male
56 %
Salary
$53,327 - $123,045
Salary
$51,500 - $171,961
Less than 1 year
9%
1-4 years
26%
5-9 years
17%
10-19 years
22%
20 years or more
26%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.

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