Creative Designer Average Salary in Faroe Islands 2022
How much money does a Creative Designer make in Faroe Islands?
LOW
10,300
DKK AVERAGE
19,000
DKK HIGH
28,700
DKK
A person working as a Creative Designer in Faroe Islands typically earns around 19,000 DKK per month. Salaries range from 10,300 DKK (lowest) to 28,700 DKK (highest).
This is the average monthly salary including housing, transport, and other benefits. Creative Designer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Creative Designer Salary Distribution in Faroe Islands
The median, the maximum, the minimum, and the range
Salary Range
Creative Designer salaries in Faroe Islands range from 10,300 DKK per month (minimum salary) to 28,700 DKK per month (maximum salary).
Median Salary
The median salary is 17,500 DKK per month, which means that half (50%) of people working as Creative Designer(s) are earning less than 17,500 DKK while the other half are earning more than 17,500 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 Creative Designer(s) are earning less than 12,500 DKK while 75% of them are earning more than 12,500 DKK. Also from the diagram, 75% of Creative Designer(s) are earning less than 21,300 DKK while 25% are earning more than 21,300 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
Creative Designer Salary Comparison by Years of Experience
How does experience and age affect your pay?
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 Creative Designer salaries by experience level and this is what we found.
A Creative Designer with less than two years of experience makes approximately 11,900 DKK per month.
While someone with an experience level between two and five years is expected to earn 15,100 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 19,900 DKK per month, 32% more than someone with two to five years of experience.
Additionally, Creative Designer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 23,400 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 25,900 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 27,500 DKK per month, 6% more than people with fifteen to twenty years of experience.
Creative Designer average salary change by experience in Faroe Islands
| 0 - 2 Years | 11,900 DKK | |
| 2 - 5 Years | +26% | 15,100 DKK |
| 5 - 10 Years | +32% | 19,900 DKK |
| 10 - 15 Years | +18% | 23,400 DKK |
| 15 - 20 Years | +11% | 25,900 DKK |
| 20+ Years | +6% | 27,500 DKK |
Typical Salary Progress for Most Careers
Creative Designer Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Creative Designer(s) who have the same experience but different education levels.
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 Creative Designer salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Creative Designer is 14,500 DKK per month.
While someone with a Certificate or Diploma gets a salary of 16,400 DKK per month, 13% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 21,500 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 26,700 DKK per month, 24% more than someone with Bachelor's Degree.
Creative Designer average salary difference by education level in Faroe Islands
| High School | 14,500 DKK | |
| Certificate or Diploma | +13% | 16,400 DKK |
| Bachelor's Degree | +32% | 21,500 DKK |
| Master's Degree | +24% | 26,700 DKK |
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
Creative Designer Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Creative Designer employees in Faroe Islands earn 9% more than their female counterparts on average.
| Male | 19,700 DKK | |
| Female | -8% | 18,100 DKK |
Salary Comparison By Gender in Faroe Islands for all Careers
Creative Designer Average Annual Salary Increment Percentage in Faroe Islands
How much are annual salary increments in Faroe Islands for Creative Designer(s)? How often do employees get salary raises?
Creative Designer
Creative Designer(s) in Faroe Islands are likely to observe a salary increase of approximately 6% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
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
Annual Increment Rate By Industry 2021
| 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 2021. 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
Creative Designer Bonus and Incentive Rates in Faroe Islands
How much and how often are bonuses being awarded?
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A Creative Designer is considered to be a moderate 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.
67% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.
| Received Bonus | 33% | |
| No Bonus | 67% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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.
Creative Designer Average Hourly Wage in Faroe Islands
110 DKK per hourThe average hourly wage (pay per hour) in Faroe Islands is 110 DKK. This means that the average Creative Designer in Faroe Islands earns approximately 110 DKK for every worked hour.
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.
Creative Designer VS Other Jobs
The average salary for Creative Designer is 25% less than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Advertising Account Executive | 29,700 DKK |  +56% |
| Advertising Account Manager | 32,800 DKK | +72% |
| Advertising Account Planner | 16,100 DKK |  -15% |
| Advertising Coordinator | 21,700 DKK | +14% |
| Advertising Manager | 42,500 DKK | +120% |
| Advertising Operations Manager | 42,500 DKK | +120% |
| Advertising Strategic Planner | 27,400 DKK | +44% |
| Advertising Team Leader | 24,400 DKK | +28% |
| Animator | 18,000 DKK | -5% |
| Art Director | 26,600 DKK | +40% |
| Artist | 22,400 DKK | +18% |
| Artworker | 15,900 DKK | -16% |
| Assistant Art Director | 20,300 DKK | +7% |
| Audiosual Technician | 15,500 DKK | -19% |
| Broadcast Administrator | 26,900 DKK | +41% |
| Catering Sales | 16,100 DKK | -15% |
| Catering Trainer | 20,100 DKK | +6% |
| Commercial and Industrial Designer | 15,100 DKK | -21% |
| Conference Organiser | 19,300 DKK | +1% |
| Content and Media Production Lead | 29,800 DKK | +57% |
| CopyWriter | 16,800 DKK | -12% |
| Creative Designer | 19,000 DKK | -0% |
| Creative Director | 26,500 DKK | +39% |
| Designer | 15,200 DKK | -20% |
| Desktop Publisher | 11,900 DKK | -37% |
| Director of Graphic Design | 24,600 DKK | +29% |
| Events and Promotions Manager | 40,900 DKK | +110% |
| Exhibit Display Coordinator | 20,700 DKK | +9% |
| Exhibit Display Manager | 26,900 DKK | +41% |
| Finisher | 14,000 DKK | -26% |
| Graphic Artist | 16,600 DKK | -13% |
| Graphic Designer | 16,100 DKK | -15% |
| Graphics Design Supervisor | 22,200 DKK | +17% |
| Imagery Analyst | 14,700 DKK | -23% |
| Imaging Technologist | 15,800 DKK | -17% |
| Interaction Designer | 13,900 DKK | -27% |
| Media Planner | 20,500 DKK | +8% |
| Media Production Coordinator | 20,300 DKK | +7% |
| Media Production Manager | 35,500 DKK | +87% |
| Media Project Manager | 34,500 DKK | +81% |
| Media Relations Representative | 29,700 DKK | +56% |
| Media Sales Executive | 32,800 DKK | +72% |
| Multimedia Specialist | 15,800 DKK | -17% |
| Photographer | 14,800 DKK | -22% |
| PPC Campaign Manager | 27,400 DKK | +44% |
| Print Production Manager | 28,400 DKK | +49% |
| Product and Brand Manager | 39,600 DKK | +110% |
| Sales Promotion Manager | 39,800 DKK | +110% |
| Sketch Artist | 19,200 DKK | +1% |
| Social Media Executive | 34,200 DKK | +80% |
| Technical Typist | 11,900 DKK | -37% |
| User Experience UX Designer | 17,500 DKK | -8% |
| UX Designer | 15,000 DKK | -21% |
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 |
