Best Paying Companies in Mongolia

Best Paying Companies in Mongolia

Mongolia, a country rich in natural resources and strategically located between Russia and China, has seen steady economic growth driven largely by its mining, energy, and financial sectors. While the overall job market offers a range of opportunities, a few companies stand out as top employers, especially in terms of salary and benefits. Below are some of the best-paying companies in Mongolia, known for offering competitive compensation packages and growth prospects.

1. Oyu Tolgoi LLC

Arguably the most prominent employer in Mongolia, Oyu Tolgoi LLC operates one of the largest copper and gold mining projects in the world. A joint venture between the Government of Mongolia and Rio Tinto, Oyu Tolgoi is located in the South Gobi region. Due to the scale and international standards of the operation, the company pays some of the highest salaries in the country, particularly to engineers, geologists, and project managers. Employees also enjoy extensive training programs, international exposure, and comprehensive health benefits.

2. Erdenet Mining Corporation

One of Mongolia’s oldest and largest mining companies, Erdenet Mining Corporation is a major player in copper and molybdenum production. It is state-owned and employs thousands of people. The company provides above-average wages, stable job security, and housing benefits, especially to technical staff and management. Erdenet also contributes significantly to the local economy of Erdenet city, where it is headquartered.

3. Tavan Tolgoi JSC / Energy Resources LLC

Tavan Tolgoi is a massive coal mine in the Gobi desert region, operated by companies like Energy Resources LLC, a subsidiary of Mongolian Mining Corporation (MMC). These companies are known for offering high salaries in fields such as logistics, engineering, mining operations, and mechanical maintenance. Given the harsh conditions of the Gobi region, additional hardship allowances and performance bonuses significantly increase take-home pay.

4. Khan Bank and Golomt Bank

In the financial sector, Khan Bank and Golomt Bank are among the top-paying employers. These banks are known for modern corporate environments and rewarding experienced professionals in fields like finance, IT, risk management, and digital banking. They also provide structured career paths, ongoing training, and performance-based bonuses, making them attractive for both local and returning Mongolian professionals from abroad.

5. Petrovis LLC

As one of the largest fuel importers and distributors in Mongolia, Petrovis LLC plays a key role in the country’s energy sector. The company offers competitive salaries, especially in logistics, engineering, and business development roles. Employees often receive bonuses based on company performance, along with professional development opportunities.

6. Unitel Group

Unitel is a leading telecommunications provider in Mongolia. It offers lucrative salaries for skilled workers in IT, software development, and telecom infrastructure. Unitel has a reputation for being technologically advanced, and its corporate culture promotes innovation, making it a popular choice among tech-savvy professionals.

These companies reflect the evolving economic landscape of Mongolia. Sectors like mining, energy, finance, and telecom are driving the demand for skilled labor, offering well-paying jobs with strong growth potential. For professionals seeking high salaries in Mongolia, these employers represent some of the best opportunities available.