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Fire Prevention Engineer Average Salary in Iceland 2024

How much money does a person working as Fire Prevention Engineer make in Iceland?


Average Monthly Salary
582,000 ISK
( 6,980,000 ISK yearly)

LOW
268,000
ISK
AVERAGE
582,000
ISK
HIGH
925,000
ISK
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Fire Prevention Engineer in Iceland typically earns around 582,000 ISK. Salaries range from 268,000 ISK (lowest) to 925,000 ISK (highest).


Salary Variance

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



Fire Prevention Engineer Pay Scale and Salaries in Iceland

Median and salary distribution Iceland Fire Prevention Engineer monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
552,000 ISK or more
10% of people earn
483,000 to 552,000 ISK
20% of people earn
333,000 ISK or less
65% of people earn
333,000 to 483,000 ISK
Minimum Salary
268,000 ISK
Median
556,000 ISK
Maximum
925,000 ISK




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Fire Prevention Engineer in Iceland range from 268,000 ISK (starting salary) to 925,000 ISK (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 556,000 ISK, half of the professionals who work as Fire Prevention Engineer in Iceland earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Fire Prevention Engineer in Iceland earn less than 448,000 ISK, while 75% earn more. Similarly, the chart shows that 75% earn less than 641,000 ISK while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Fire Prevention Engineer in Iceland compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 333,000 ISK to 483,000 ISK. About 20% of salaries are below the 333,000 ISK mark, while 10% fall within the range of 483,000 ISK to 552,000 ISK. Only 5% of individuals have salaries exceeding 552,000 ISK.

Salary Comparison by Years of Experience / Fire Prevention Engineer / Iceland

How do experience and age affect pay?

0 - 2 Years
304,000 ISK
2 - 5 Years+34%
406,000 ISK
5 - 10 Years+48%
600,000 ISK
10 - 15 Years+22%
731,000 ISK
15 - 20 Years+9%
797,000 ISK
20+ Years+8%
863,000 ISK
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Iceland Fire Prevention Engineer
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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. We broke down salaries by experience level for people working as Fire Prevention Engineer and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 304,000 ISK.

While someone with an experience level between two and five years is expected to earn 406,000 ISK, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 600,000 ISK, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 731,000 ISK, 22% 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 797,000 ISK, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 863,000 ISK, 8% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Fire Prevention Engineer / Iceland

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Fire Prevention Engineer.

Bachelor's Degree
353,000 ISK
Master's Degree+93%
682,000 ISK
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Iceland Fire Prevention Engineer
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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 salaries by education level for the position Fire Prevention Engineer in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 353,000 ISK.


Level 2: Master's Degree

At this level, the average salary becomes 682,000 ISK, 93% more than the previous level.



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 Iceland costs anywhere from 3,450,000 ISK to 10,300,000 ISK 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 to a higher-paying job. The numbers seem to support the theory. 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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Salary and Compensation Comparison By Gender / Fire Prevention Engineer / Iceland

Salary comparison by gender Iceland Fire Prevention Engineer monthly
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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? For the people who work as Fire Prevention Engineer in Iceland, the average difference between the salary of male and female employees is 5%.

Male
595,000 ISK
Female-4%
569,000 ISK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Iceland for all Careers

Salary comparison by gender monthly Iceland
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Average Annual Salary Increment Percentage / Fire Prevention Engineer / Iceland

How much are annual salary increments in Iceland for individuals working as Fire Prevention Engineer? How often do employees get salary raises?

Individuals working as Fire Prevention Engineer in Iceland 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 Iceland Fire Prevention Engineer
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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.

Iceland / All Professions

Annual Salary Increment Rate Iceland
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Iceland is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Fire Prevention Engineer / Iceland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Iceland Fire Prevention Engineer
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84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
16%
No Bonus
84%

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.

Average Hourly Wage / Fire Prevention Engineer / Iceland


3,360 ISK per hour

The average hourly wage (pay per hour) for individuals working as Fire Prevention Engineer in Iceland is 3,360 ISK.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Fire Prevention Engineer in Iceland is 1,540 ISK. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Law Enforcement / Security / Fire-100%
Accreditation Coordinator549,000 ISK-6%
Accreditation Manager774,000 ISK+33%
Advocate471,000 ISK-19%
Armed Security Officer447,000 ISK-23%
Behavioral Analyst663,000 ISK+14%
Body-Worn Camera Technician422,000 ISK-27%
Civilian Review Board Investigator566,000 ISK-3%
Company Guard245,000 ISK-58%
Control Room Operator206,000 ISK-65%
Correctional Officer365,000 ISK-37%
Crime Scene Reconstructionist570,000 ISK-2%
Criminal Investigator764,000 ISK+31%
Crisis Negotiator611,000 ISK+5%
Cyberbullying Investigator555,000 ISK-5%
Digital Forensic Analyst651,000 ISK+12%
E-crime Investigator670,000 ISK+15%
Facility Monitor382,000 ISK-34%
Fire Chief713,000 ISK+23%
Fire Dispatcher350,000 ISK-40%
Fire Education Specialist599,000 ISK+3%
Fire Extinguisher Technician210,000 ISK-64%
Fire Fighter354,000 ISK-39%
Fire Inspector635,000 ISK+9%
Fire Investigator635,000 ISK+9%
Fire Prevention Engineer582,000 ISK+0%
Fire Prevention Officer494,000 ISK-15%
Fire Protection Specialist589,000 ISK+1%
Forensic Artist397,000 ISK-32%
Forensic Entomologist473,000 ISK-19%
Forensic Investigator635,000 ISK+9%
Forensic Science Technician659,000 ISK+13%
Fraud and Forensic Specialist700,000 ISK+20%
Fraud Examiner718,000 ISK+23%
Grants Specialist847,000 ISK+46%
Hate Crime Investigator531,000 ISK-9%
Human Trafficking Investigator570,000 ISK-2%
Identity Theft Investigator532,000 ISK-9%
Intellectual Property Associate613,000 ISK+5%
Intelligence Research Specialist1,020,000 ISK+75%
Investigator657,000 ISK+13%
Jail Officer278,000 ISK-52%
Juvenile Probation Officer478,000 ISK-18%
Juvenile Supervision Officer477,000 ISK-18%
Licensing and Permitting Specialist608,000 ISK+5%
Lock-Smith204,000 ISK-65%
Open Source Intelligence Analyst674,000 ISK+16%
Parole Officer368,000 ISK-37%
Police Captain868,000 ISK+49%
Police Communications Officer510,000 ISK-12%
Police Officer408,000 ISK-30%
Police Patrol Officer367,000 ISK-37%
Police Social Worker360,000 ISK-38%
Predictive Analyst525,000 ISK-10%
Prison Officer305,000 ISK-48%
Prisoner Custody Officer253,000 ISK-57%
Private Detective / Investigator730,000 ISK+25%
Problem-Oriented Policing Specialist549,000 ISK-6%
School Resource Officer333,000 ISK-43%
Security Adviser711,000 ISK+22%
Security Guard203,000 ISK-65%
Security Management Specialist962,000 ISK+65%
Security Manager1,010,000 ISK+74%
Security Officer238,000 ISK-59%
Security Supervisor566,000 ISK-3%
Security Systems Installer520,000 ISK-11%
Security Technician217,000 ISK-63%
Social Media Investigator532,000 ISK-9%
Surveillance Operator284,000 ISK-51%
Tactical Analyst627,000 ISK+8%
Technological Crime Investigator685,000 ISK+18%
Traffic Controller405,000 ISK-30%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Iceland is 25% on average across all career fields.

Private Sector
614,000 ISK
Public Sector+25%
765,000 ISK
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Fire Prevention Engineer in Iceland?

A good and competitive compensation would range anywhere between 556,000 ISK and 641,000 ISK. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Fire Prevention Engineer in Iceland ranges from 268,000 ISK to 448,000 ISK. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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