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Health and Medical Average Salaries in Faroe Islands 2020

How much money does a person working in Health and Medical make in Faroe Islands?


Average Monthly Salary
40,000 DKK
( 480,000 DKK yearly)

LOW
8,360
DKK
AVERAGE
40,000
DKK
HIGH
119,000
DKK

A person working in Health and Medical in Faroe Islands typically earns around 40,000 DKK per month. Salaries range from 8,360 DKK (lowest average) to 119,000 DKK (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Health and Medical careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Academic Clinician51,300 DKK
Acute Care Nurse23,900 DKK
Administrative Director46,400 DKK
Admitting Clerk8,630 DKK
Admitting Manager24,800 DKK
Admitting Officer19,800 DKK
Advanced Nutrition Aide38,700 DKK
Advanced Practice Provider35,700 DKK
Allergist46,900 DKK
Ambulance Dispatcher20,700 DKK
Ambulance Driver18,500 DKK
Ambulance Officer and Paramedic21,000 DKK
Ambulatory Services Director37,600 DKK
Anatomic Pathology Supervisor46,600 DKK
Anesthesia Technician29,100 DKK
Anesthesiologist83,700 DKK
Anesthesiology Assistant29,300 DKK
Assistant Director of Nursing36,300 DKK
Assistant Occupational Therapist20,400 DKK
Assistant Optometrist22,400 DKK
Assistant Physical Therapist19,500 DKK
Audiologist47,500 DKK
Behavioral Health Specialist29,400 DKK
Biomedical Engineering Director36,100 DKK
Biomedical Engineering Technician18,400 DKK
Breast Center Manager81,500 DKK
Cardiac Technician19,100 DKK
Cardiology Manager79,200 DKK
Cardiopulmonary Rehab Spcialist30,300 DKK
Cardiovascular Specialist100,000 DKK
Cardiovascular Technologist36,900 DKK
Care Assistant17,100 DKK
Care Coordinator12,600 DKK
Caregiver14,000 DKK
Case Manager30,300 DKK
Central Sterile Processing Technician21,600 DKK
Charge Entry Specialist23,400 DKK
Chief of Psychology77,900 DKK
Chief of Surgery114,000 DKK
Chiropractor31,200 DKK
Clinic Assistant17,300 DKK
Clinic Manager39,200 DKK
Clinic Navigator18,200 DKK
Clinical Application Specialist23,900 DKK
Clinical Biochemist46,800 DKK
Clinical Cytogeneticist38,800 DKK
Clinical Data Reviewer23,200 DKK
Clinical Development Specialist31,100 DKK
Clinical Director72,400 DKK
Clinical Field Associate24,200 DKK
Clinical Genetic Technologist37,100 DKK
Clinical Microbiologist49,600 DKK
Clinical Molecular Geneticist40,100 DKK
Clinical Neuropsychologist50,900 DKK
Clinical Policy Developer22,900 DKK
Clinical Psychologist83,400 DKK
Clinical Research Coordinator27,500 DKK
Clinical Scientist52,900 DKK
Clinical Social Worker20,000 DKK
CME Specialist41,600 DKK
Coding Practice Manager30,800 DKK
Community Relations Manager26,900 DKK
Company Nurse17,000 DKK
Correctional Treatment Specialist48,900 DKK
Counseling Psychologist62,700 DKK
Credentialing Analyst21,100 DKK
Critical Care Nurse22,900 DKK
CT Technologist25,200 DKK
Cytogenetic Technologist36,600 DKK
Data Coordinator12,000 DKK
Dental Assistant16,600 DKK
Dental Hygienist16,800 DKK
Dental Laboratory Technician16,700 DKK
Dental Receptionist13,500 DKK
Dental Technician16,400 DKK
Dental Therapist24,200 DKK
Dentist58,900 DKK
Dermatologist77,100 DKK
Diagnostic Medical Sonographer29,300 DKK
Dietetic Technician18,100 DKK
Dietitian52,100 DKK
Director of Medical Staff Services48,200 DKK
Discharge Coordinator10,900 DKK
Dispensing Optician24,300 DKK
District Nurse19,700 DKK
Doctor67,300 DKK
Dosimetrist35,800 DKK
EKG Technician23,600 DKK
Emergency Department Physician57,000 DKK
Emergency Management Director64,300 DKK
Emergency Response Specialist25,000 DKK
Emergency Services Director70,000 DKK
Endodontist72,500 DKK
Endoscopic Assistant22,000 DKK
Endoscopy Technician21,200 DKK
Enterostomal Therapist33,200 DKK
Epidemiologist43,200 DKK
ER Registration Supervisor16,500 DKK
Exercise Physiologist64,600 DKK
Family Nurse Practitioner23,900 DKK
FGP Ultrasound Techncian20,600 DKK
Food Services Director30,400 DKK
Forensic Pathologist66,300 DKK
General Medical Practitioner50,600 DKK
Genetic Counselor42,300 DKK
Head Nurse23,000 DKK
Health Compliance Director59,600 DKK
Health Economist60,200 DKK
Health Information Manager33,200 DKK
Health Services Manager54,700 DKK
Health Systems Specialist29,600 DKK
Health Technologist35,600 DKK
Health Unit Coordinator18,500 DKK
Healthcare Assistant18,700 DKK
Healthcare Consultant37,800 DKK
Healthcare Data Analyst24,100 DKK
Hearing Aid Specialist27,300 DKK
Histotechnologist33,000 DKK
Home Health Aide19,800 DKK
Home Health Scheduler13,500 DKK
Home Nurse19,900 DKK
ICU Registered Nurse23,000 DKK
Immunologist46,200 DKK
Industrial Hygienist34,200 DKK
Infection Control Coordinator24,300 DKK
Infection Control Practitioner54,200 DKK
Infection Preventionist37,800 DKK
Informatics Nurse Specialist21,600 DKK
Informatics Practice Specialist29,000 DKK
Intake Coordinator12,100 DKK
Internist84,400 DKK
Interventional Radiographer42,300 DKK
Interventionist78,800 DKK
Invasive Cardiologist102,000 DKK
Lab Assistant20,400 DKK
Laboratory Manager36,100 DKK
Laboratory Technician20,400 DKK
Lead Patient Account Representative23,700 DKK
Licensed Practical Nurse (LPN)20,500 DKK
Low Vision Therapist42,600 DKK
Mammography Technician19,600 DKK
Managed Care Assistant12,300 DKK
Maternity Services Director59,800 DKK
MDS Coordinator22,000 DKK
Medical Administrator29,800 DKK
Medical Assistant13,900 DKK
Medical Biller13,300 DKK
Medical Billing Clerk10,800 DKK
Medical Billing Specialist23,700 DKK
Medical Coder18,200 DKK
Medical Courier13,800 DKK
Medical Director56,300 DKK
Medical Equipment Maintenance Manager24,500 DKK
Medical Equipment Preparer20,200 DKK
Medical Forms Designer17,500 DKK
Medical Insurance Manager43,100 DKK
Medical Office Administrator22,800 DKK
Medical Office Assistant17,300 DKK
Medical Office Manager41,100 DKK
Medical Policy Manager36,600 DKK
Medical Policy Specialist21,700 DKK
Medical Project Coordinator16,100 DKK
Medical Records Administrator17,300 DKK
Medical Records Clerk8,190 DKK
Medical Records Coding Manager29,500 DKK
Medical Records Director36,600 DKK
Medical Records Transcriptionist13,600 DKK
Medical Scribe20,400 DKK
Medical Secretary13,800 DKK
Medical Staff Services Specialist26,200 DKK
Medical Technologist22,800 DKK
Medication Aide19,200 DKK
Mental Health Aide19,500 DKK
Mental Health Nurse21,500 DKK
Mental Health Technician20,700 DKK
Mental Health Therapst47,400 DKK
Mental Health Worker21,000 DKK
Mobile Phlebotomist14,900 DKK
MRI Technologist19,600 DKK
Music Therapist30,100 DKK
Naturopathic Physician80,700 DKK
Neonatal Nurse Practitioner29,800 DKK
Neonatologist54,500 DKK
Neurodiagnostic Techncian21,800 DKK
Neurologist78,800 DKK
Neurophysiology Technologist22,100 DKK
Neuropsychology Testing Assistant17,800 DKK
Nuclear Medical Technician29,300 DKK
Nuclear Medicine Physician65,800 DKK
Nuclear Medicine Technolgoist29,800 DKK
Nurse19,600 DKK
Nurse Educator24,700 DKK
Nurse Midwife25,300 DKK
Nurse Practitioner25,500 DKK
Nursing Assistant18,100 DKK
Nursing Coordinator25,400 DKK
Nursing Director49,700 DKK
Nursing Services Instructor23,200 DKK
Nursing Supervisor30,000 DKK
Nutrition Assistant19,700 DKK
Nutrition Services Aide26,400 DKK
Obstetrician / Gynecologist70,400 DKK
Occupaitional Therapy Assistant20,500 DKK
Occupational Health Advisor39,100 DKK
Occupational Health Safety Specialist37,200 DKK
Occupational Therapist33,500 DKK
Oncology Specialty Representative25,200 DKK
Operating Room Scheduler18,900 DKK
Operating Room Services Director56,900 DKK
Ophthalmic Assistant21,600 DKK
Ophthalmic Laboratory Technician21,000 DKK
Ophthalmologist55,300 DKK
Optician44,200 DKK
Optometrist56,000 DKK
Oral Surgeon76,600 DKK
Orthodontic Assistant18,100 DKK
Orthodontist77,200 DKK
Orthopedic Technician22,700 DKK
Orthoptist58,700 DKK
Orthotist57,000 DKK
Pathology Assistant20,800 DKK
Patient Account Represenatative19,100 DKK
Patient Care Coordinator26,000 DKK
Patient Care Manager38,100 DKK
Patient Care Services Executive29,200 DKK
Patient Care Technician19,600 DKK
Patient Management Coordinator18,200 DKK
Patient Registrar14,000 DKK
Patient Relations Manager32,500 DKK
Patient Representative17,800 DKK
Patient Safety Manager31,900 DKK
Patient Safety Specialist25,900 DKK
Patient Services Coordinator29,900 DKK
Patient Services Director39,500 DKK
Patient Sitter15,900 DKK
Pediatrician59,100 DKK
Perfusionist67,000 DKK
Periodontist76,600 DKK
Perioperative Aide27,100 DKK
Personal Support Worker15,600 DKK
Phlebotomist14,900 DKK
Physical Therapist43,000 DKK
Physical Therapy Aide16,600 DKK
Physical Therapy Assistant17,800 DKK
Physical Therapy Director48,200 DKK
Physician65,500 DKK
Physician - Anesthesiology87,300 DKK
Physician - Cardiology100,000 DKK
Physician - CCU55,300 DKK
Physician - Dermatology75,800 DKK
Physician - Emergency Room61,000 DKK
Physician - Endocrinology75,800 DKK
Physician - Family Practice51,200 DKK
Physician - Gastroenterology67,400 DKK
Physician - Generalist58,100 DKK
Physician - Geriatrics48,700 DKK
Physician - Hematology / Oncology66,100 DKK
Physician - Immunology / Allergy78,900 DKK
Physician - Infectious Disease65,400 DKK
Physician - Internal Medicine77,400 DKK
Physician - Maternal / Fetal Medicine66,600 DKK
Physician - Nephrology79,200 DKK
Physician - Neurology76,900 DKK
Physician - Nuclear Medicine70,100 DKK
Physician - Obstetrics / Gynecology72,100 DKK
Physician - Occupational Medicine54,100 DKK
Physician - Ophthalmology49,400 DKK
Physician - Otolaryngology49,800 DKK
Physician - Pain Medicine45,100 DKK
Physician - Pathology55,700 DKK
Physician - Pediatric Cardiology73,900 DKK
Physician - Pediatric Neonatology68,600 DKK
Physician - Pediatrics60,300 DKK
Physician - Physiatry70,400 DKK
Physician - Podiatry62,900 DKK
Physician - Pulmonary Medicine48,200 DKK
Physician - Radiation Therapy76,800 DKK
Physician - Radiology82,400 DKK
Physician - Rheumatology70,700 DKK
Physician - Sports Medicine68,000 DKK
Physician - Urology94,500 DKK
Physician Assistant42,900 DKK
Physiotherapist46,500 DKK
Podiatrist47,900 DKK
Practice Manager50,900 DKK
Pre Authorization Case Manager29,200 DKK
Preventive Medicine Physician63,800 DKK
Program Coordinator12,300 DKK
Project Manager31,100 DKK
Prosthetist48,700 DKK
Prosthodontist72,500 DKK
Psychiatric Nurse20,100 DKK
Psychiatric Technician20,500 DKK
Psychiatrist67,600 DKK
Psychololgist65,100 DKK
Psychometrician60,000 DKK
Psychometrist36,200 DKK
Public Health Analyst43,700 DKK
Public Health Social Worker13,000 DKK
Public Health Specialist45,600 DKK
Quality Assurance Manager34,900 DKK
Radiation Therapist70,400 DKK
Radiation Therapy Technologist29,800 DKK
Radiographer47,800 DKK
Radiography Technologist29,000 DKK
Radiologic Technologist30,600 DKK
Radiologist68,700 DKK
Radiology Manager65,300 DKK
Radiology Technologist28,100 DKK
Registered Nurse20,100 DKK
Registered Nurse Case Manager25,000 DKK
Registered Respiratory Therapist42,300 DKK
Rehabilitation Director60,400 DKK
Rehabilitation Services Manager65,300 DKK
Respiratory Care Practitioner55,300 DKK
Respiratory Manager39,900 DKK
Respiratory Therapist39,200 DKK
Respiratory Therapy Technician23,700 DKK
School Nurse19,300 DKK
Skin Care Specialist39,800 DKK
Sonographer28,500 DKK
Sonography Technologist29,300 DKK
Speech and Language Pathologist41,900 DKK
Staff Nurse20,400 DKK
Surgeon78,700 DKK
Surgeon - Burn81,100 DKK
Surgeon - Cardiothoracic108,000 DKK
Surgeon - Heart Transplant115,000 DKK
Surgeon - Neurology96,000 DKK
Surgeon - Orthopedic116,000 DKK
Surgeon - Pediatric90,500 DKK
Surgeon - Plastic Reconstructive102,000 DKK
Surgeon - Trauma87,600 DKK
Surgical Assistant26,500 DKK
Surgical Instrument Techncian26,400 DKK
Surgical Technologist28,200 DKK
Telephonic Nurse Case Manager27,900 DKK
Theatre Manager34,800 DKK
Treatment Services Director73,500 DKK
Ultrasonographer22,800 DKK
Ultrasound Technologist23,000 DKK
Urologist88,300 DKK
Utilization Review Nurse21,300 DKK
Vascular Technologist19,900 DKK
Vision Rehabilitation Therapist40,400 DKK
Ward Manager38,600 DKK
Wellness Coordinator26,100 DKK
X-Ray Technologist28,200 DKK

Health and Medical Jobs Salary Distribution in Faroe Islands

Median and salary distribution monthly Faroe Islands Health and Medical
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The median, the maximum, the minimum, and the range

  • Salary Range

    Health and Medical salaries in Faroe Islands range from 8,360 DKK per month (minimum average salary) to 119,000 DKK per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 41,600 DKK per month, which means that half (50%) of people working in Health and Medical are earning less than 41,600 DKK while the other half are earning more than 41,600 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 people working in Health and Medical are earning less than 22,500 DKK while 75% of them are earning more than 22,500 DKK. Also from the diagram, 75% of people working in Health and Medical are earning less than 83,700 DKK while 25% are earning more than 83,700 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

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 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 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.

Health and Medical Salary Comparison By Gender

Salary comparison by gender monthly Faroe Islands Health and Medical
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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 Faroe Islands who work in Health and Medical earn 9% more than their female counterparts on average.

Male
42,300 DKK
Female-8%
38,900 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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Health and Medical Average Annual Salary Increment Percentage in Faroe Islands

How much are annual salary increments in Faroe Islands for Health and Medical professionals? How often do employees get salary raises?

Health and Medical

Health and Medical professionals in Faroe Islands are likely to observe a salary increase of approximately 5% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Faroe Islands Health and Medical
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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 2019

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

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


Worldwide Salary Raises: All Countries and All Jobs

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Health and Medical Bonus and Incentive Rates in Faroe Islands

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Faroe Islands Health and Medical
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Health and Medical is considered to be a moderate bonus-based field 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.

63% of surveyed staff in Health and Medical reported that they haven't received any bonuses or incentives in the previous year while 37% 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
37%
No Bonus
63%

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.

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.

Health and Medical Hourly Average Wage in Faroe Islands


230 DKK per hour

The average hourly wage (pay per hour) in Faroe Islands is 230 DKK. This means that the average person in Faroe Islands earns approximately 230 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.

Health and Medical VS Other Jobs

Salary Comparison Between Health and Medical and Health and Medical monthly Faroe Islands
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The average salary for Health and Medical is 49% more than that of All Jobs.

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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