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Program Coordinator Average Salary in Faroe Islands 2021

How much money does a Program Coordinator make in Faroe Islands?

Average Monthly Salary
18,000 DKK
( 215,000 DKK yearly)


A person working as a Program Coordinator in Faroe Islands typically earns around 18,000 DKK per month. Salaries range from 9,690 DKK (lowest) to 27,100 DKK (highest).

This is the average monthly salary including housing, transport, and other benefits. Program Coordinator salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Program Coordinator Salary Distribution in Faroe Islands

Median and salary distribution monthly Faroe Islands Program Coordinator
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The median, the maximum, the minimum, and the range

  • Salary Range

    Program Coordinator salaries in Faroe Islands range from 9,690 DKK per month (minimum salary) to 27,100 DKK per month (maximum salary).

  • Median Salary

    The median salary is 16,500 DKK per month, which means that half (50%) of people working as Program Coordinator(s) are earning less than 16,500 DKK while the other half are earning more than 16,500 DKK. 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 Program Coordinator(s) are earning less than 11,800 DKK while 75% of them are earning more than 11,800 DKK. Also from the diagram, 75% of Program Coordinator(s) are earning less than 20,100 DKK while 25% are earning more than 20,100 DKK.

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

Program Coordinator Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Faroe Islands Program Coordinator
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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 Program Coordinator salaries by experience level and this is what we found.

A Program Coordinator with less than two years of experience makes approximately 11,300 DKK per month.

While someone with an experience level between two and five years is expected to earn 14,200 DKK per month, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 18,700 DKK per month, 32% 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.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Program Coordinator(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 22,100 DKK per month, 18% 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 24,400 DKK per month, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 26,000 DKK per month, 6% more than people with fifteen to twenty years of experience.

Program Coordinator average salary change by experience in Faroe Islands

0 - 2 Years
11,300 DKK
2 - 5 Years+26%
14,200 DKK
5 - 10 Years+32%
18,700 DKK
10 - 15 Years+18%
22,100 DKK
15 - 20 Years+11%
24,400 DKK
20+ Years+6%
26,000 DKK
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Program Coordinator Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Program Coordinator(s) who have the same experience but different education levels.

Salary comparison by education level monthly Faroe Islands Program Coordinator
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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 Program Coordinator salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Program Coordinator is 13,700 DKK per month.

While someone with a Certificate or Diploma gets a salary of 15,400 DKK per month, 13% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 20,300 DKK per month, 32% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 25,200 DKK per month, 24% more than someone with Bachelor's Degree.

Program Coordinator average salary difference by education level in Faroe Islands

High School
13,700 DKK
Certificate or Diploma+13%
15,400 DKK
Bachelor's Degree+32%
20,300 DKK
Master's Degree+24%
25,200 DKK
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 Faroe Islands costs anywhere from 134,000 Danish Krone(s) to 401,000 Danish 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 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

Salary Comparison By Education Level
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Program Coordinator Salary Comparison By Gender

Salary comparison by gender monthly Faroe Islands Program Coordinator
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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 Program Coordinator employees in Faroe Islands earn 9% more than their female counterparts on average.

18,600 DKK
17,100 DKK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Faroe Islands for all Careers

Salary comparison by gender monthly Faroe Islands
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Program Coordinator Average Annual Salary Increment Percentage in Faroe Islands

How much are annual salary increments in Faroe Islands for Program Coordinator(s)? How often do employees get salary raises?

Program Coordinator

Program Coordinator(s) in Faroe Islands are likely to observe a salary increase of approximately 5% every 31 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Faroe Islands Program Coordinator
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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.

Faroe Islands / 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 Faroe Islands is 2%.

Annual Increment Rate By Industry 2020

Information Technology

Listed above are the average annual increase rates for each industry in Faroe Islands 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

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Program Coordinator Bonus and Incentive Rates in Faroe Islands

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Faroe Islands Program Coordinator
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A Program Coordinator is considered to be a low 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.

92% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 8% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 2% of their annual salary.

Received Bonus
No Bonus

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 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.

A graphics designer working for a graphics designing company.

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.

Program Coordinator Average Hourly Wage in Faroe Islands

100 DKK per hour

The average hourly wage (pay per hour) in Faroe Islands is 100 DKK. This means that the average Program Coordinator in Faroe Islands earns approximately 100 DKK 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.

Program Coordinator VS Other Jobs

Salary Comparison Between Program Coordinator and Administration / Reception / Secretarial monthly Faroe Islands
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The average salary for Program Coordinator is 13% more than that of Administration / Reception / Secretarial. Also, Administration / Reception / Secretarial salaries are 41% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Accreditation Specialist28,700 DKK+60%
Administrative Aide10,000 DKK-44%
Administrative Analyst20,200 DKK+13%
Administrative Assistant13,300 DKK-26%
Administrative Associate13,400 DKK-25%
Administrative Manager21,600 DKK+20%
Administrative Receptionist11,900 DKK-34%
Board Secretary12,900 DKK-28%
Central Office Operator13,100 DKK-27%
Clerk9,100 DKK-49%
Commercial Administrator19,500 DKK+9%
Commissions Processor16,900 DKK-6%
Conveyancing Secretary11,400 DKK-36%
Document Controller11,200 DKK-38%
Document Management Specialist17,200 DKK-4%
Executive Assistant14,400 DKK-20%
Executive Personal Assistant16,200 DKK-10%
Executive Secretary13,900 DKK-23%
Front Desk Attendant13,100 DKK-27%
Front Desk Coordinator16,400 DKK-9%
Front Desk Manager20,400 DKK+14%
Group Services Manager34,100 DKK+90%
Head Receptionist14,900 DKK-17%
Key Account Assistant15,100 DKK-16%
Keyboard and Data Entry Operator8,930 DKK-50%
Leasing Administrator16,200 DKK-10%
Legal Secretary13,200 DKK-26%
Librarian16,900 DKK-6%
Mailroom Manager14,800 DKK-18%
Management Support Secretary13,700 DKK-24%
Master Programme Coordinator26,400 DKK+47%
Medical Receptionist13,700 DKK-24%
Meeting and Event Assistant14,600 DKK-19%
Meeting and Event Manager30,900 DKK+72%
Night Manager20,400 DKK+14%
Office Administrator21,400 DKK+19%
Office Assistant9,110 DKK-49%
Office Manager22,500 DKK+25%
Office Services Coordinator18,100 DKK+1%
Operations Analyst28,100 DKK+57%
Operations Manager33,800 DKK+88%
Personal Assistant12,800 DKK-29%
Planning Assistant16,200 DKK-10%
Process Expert19,800 DKK+10%
Program Coordinator18,000 DKK+0%
Programme Assistant16,300 DKK-9%
Project Administrator21,900 DKK+22%
Project Coordinator28,100 DKK+57%
Reception Team Lead15,900 DKK-11%
Receptionist12,600 DKK-30%
Records Officer11,400 DKK-36%
Schedule Officer8,930 DKK-50%
School Secretary12,200 DKK-32%
Secretary11,500 DKK-36%
Switchboard Operator11,000 DKK-39%
Technical Program Manager29,500 DKK+64%
Technical Project Manager32,900 DKK+83%
Typist10,200 DKK-43%
Wayleave Officer9,250 DKK-48%

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 Faroe Islands earn 17% more than their private sector counterparts on average across all sectors.

Private Sector
24,900 DKK
Public Sector+17%
29,200 DKK
Percentage increase and decrease are relative to the previous value

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