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Average Salary in Stavanger 2020

How much money does a person working in Stavanger make?


Average Yearly Salary
579,000 NOK
( 48,200 NOK monthly)

LOW
146,000
NOK
AVERAGE
579,000
NOK
HIGH
2,580,000
NOK

A person working in Stavanger typically earns around 579,000 NOK per year. Salaries range from 146,000 NOK (lowest average) to 2,580,000 NOK (highest average, actual maximum salary is higher).

This is the average yearly 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.

Distribution of Salaries in Stavanger

Median and salary distribution yearly Stavanger
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Stavanger range from 146,000 NOK per year (minimum salary) to 2,580,000 NOK per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 613,000 NOK per year, which means that half (50%) of the population are earning less than 613,000 NOK while the other half are earning more than 613,000 NOK. 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 342,000 NOK while 75% of them are earning more than 342,000 NOK. Also from the diagram, 75% of the population are earning less than 1,690,000 NOK while 25% are earning more than 1,690,000 NOK.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


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 Norway costs anywhere from 255,000 Norwegian Krone(s) to 765,000 Norwegian Krone(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender yearly Norway
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Norway earn 4% more than their female counterparts on avergae across all sectors.

Female
600,000 NOK
Male+4%
625,000 NOK
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Norway

How much are annual salary increments in Norway? How often do employees get salary raises?

Norway

Employees in Norway are likely to observe a salary increase of approximately 9% every 15 months.

Annual Salary Increment Rate Norway
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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.

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 Norway is 7%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Norway for the year 2019. 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.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in Norway

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Norway
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42% of surveyed staff in Norway reported that they haven't received any bonuses or incentives in the previous year while 58% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
58%
No Bonus
42%

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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries yearly Norway
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Where can you get paid more, working for a private company or for the government? Public sector employees in Norway earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
596,000 NOK
Public Sector+5%
629,000 NOK
Percentage increase and decrease are relative to the previous value

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant417,000 NOK
Accounting Assistant332,000 NOK
Accounting Manager861,000 NOK
Bookkeeper287,000 NOK
Chartered Accountant553,000 NOK
Corporate Treasurer813,000 NOK
Financial Analyst726,000 NOK
Financial Manager1,130,000 NOK
Internal Auditor565,000 NOK

Administration / Reception / Secretarial
Administrative Assistant299,000 NOK
Office Manager499,000 NOK
Receptionist227,000 NOK
Secretary275,000 NOK

Advertising / Grapic Design / Events
Art Director601,000 NOK
Creative Director608,000 NOK
Graphic Designer379,000 NOK
Photographer345,000 NOK

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer789,000 NOK
Air Traffic Controller623,000 NOK
Flight Attendant389,000 NOK
Pilot1,060,000 NOK

Architecture
Architect731,000 NOK
CAD Drafter300,000 NOK

Automotive
Mechanic221,000 NOK
Service Advisor421,000 NOK

Banking
Bank Branch Manager1,070,000 NOK
Teller215,000 NOK

Bilingual
Teacher461,000 NOK
Translator553,000 NOK

Business Planning
Business Analyst774,000 NOK
Business Development Manager967,000 NOK
Project Manager646,000 NOK

Care Giving and Child Care
Nanny237,000 NOK
Nursery Teacher219,000 NOK

Construction / Building / Installation
Civil Engineer569,000 NOK
Construction Project Manager955,000 NOK
Health and Safety Officer265,000 NOK

Customer Service and Call Center
Call Center Representative232,000 NOK
Customer Service Manager791,000 NOK
Customer Service Representative223,000 NOK

Engineering
Electrical Engineer576,000 NOK
Engineer571,000 NOK
Mechanical Engineer542,000 NOK

Executive and Management
Chief Executive Officer1,330,000 NOK
Chief Financial Officer1,290,000 NOK
General Manager1,020,000 NOK

Food / Hospitality / Tourism / Catering
Chef366,000 NOK
Executive Chef437,000 NOK
Hotel Manager1,100,000 NOK
Travel Agent376,000 NOK
Waiter / Waitress191,000 NOK

Health and Medical
Dentist1,460,000 NOK
Dietitian1,200,000 NOK
Laboratory Technician430,000 NOK
Nurse459,000 NOK

Human Resources
Human Resources Manager861,000 NOK
Human Resources Officer367,000 NOK

Information Technology
Computer Technician468,000 NOK
Database Administrator562,000 NOK
Developer / Programmer566,000 NOK
Information Technology Manager959,000 NOK
Network Engineer497,000 NOK

Law Enforcement / Security / Fire
Police Officer361,000 NOK

Legal
Attorney1,110,000 NOK
Legal Assistant304,000 NOK

Media / Broadcasting / Arts / Entertainment
Journalist691,000 NOK

Pharmaceutical and Biotechnology
Biomedical Engineer486,000 NOK
Pharmacist786,000 NOK

Sales Retail and Wholesale
Cashier213,000 NOK
Sales Manager1,060,000 NOK
Sales Representative367,000 NOK

Teaching / Education
Elementary School Teacher425,000 NOK
Secondary School Teacher501,000 NOK

Average Hourly Wage in Stavanger


280 NOK per hour

The average hourly wage (pay per hour) in Stavanger is 280 NOK. This means that the average person in Stavanger earns approximately 280 NOK 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.

Stavanger VS Norway

Salary Comparison Between Stavanger and Norway yearly
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We compared salaries in Stavanger and Norway and we found that Stavanger salaries are 5% less than those of Norway.

Salary Comparison By City

CityAverage Salary
Oslo642,000 NOK
Stavanger579,000 NOK
Tromso559,000 NOK
Trondheim614,000 NOK
646548 - 29

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