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Healthcare Technical Average Salaries in Iceland 2020

How much money does a person working in Healthcare Technical make in Iceland?


Average Monthly Salary
856,000 ISK
( 10,300,000 ISK yearly)

LOW
366,000
ISK
AVERAGE
856,000
ISK
HIGH
2,640,000
ISK

A person working in Healthcare Technical in Iceland typically earns around 856,000 ISK per month. Salaries range from 366,000 ISK (lowest average) to 2,640,000 ISK (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Healthcare Technical 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 Clinician1,300,000 ISK
Admitting Officer483,000 ISK
Ambulance Dispatcher482,000 ISK
Ambulance Driver443,000 ISK
Ambulance Officer and Paramedic520,000 ISK
Ambulatory Services Director960,000 ISK
Anatomic Pathology Supervisor1,090,000 ISK
Anesthesia Technician690,000 ISK
Anesthesiologist1,970,000 ISK
Anesthesiology Assistant678,000 ISK
Assistant Optometrist549,000 ISK
Audiologist1,170,000 ISK
Biomedical Engineering Director881,000 ISK
Biomedical Engineering Technician462,000 ISK
Cardiac Technician446,000 ISK
Cardiovascular Specialist2,480,000 ISK
Cardiovascular Technologist941,000 ISK
Central Sterile Processing Technician542,000 ISK
Charge Entry Specialist596,000 ISK
Clinical Application Specialist630,000 ISK
Clinical Biochemist1,080,000 ISK
Clinical Cytogeneticist923,000 ISK
Clinical Data Reviewer629,000 ISK
Clinical Development Specialist785,000 ISK
Clinical Field Associate628,000 ISK
Clinical Genetic Technologist992,000 ISK
Clinical Microbiologist1,210,000 ISK
Clinical Molecular Geneticist1,010,000 ISK
Clinical Neuropsychologist1,380,000 ISK
Clinical Research Coordinator728,000 ISK
Clinical Scientist1,240,000 ISK
CME Specialist1,060,000 ISK
CT Technologist590,000 ISK
Cytogenetic Technologist879,000 ISK
Diagnostic Medical Sonographer708,000 ISK
Dispensing Optician579,000 ISK
Dosimetrist836,000 ISK
EKG Technician579,000 ISK
Endoscopic Assistant543,000 ISK
Endoscopy Technician509,000 ISK
Enterostomal Therapist820,000 ISK
Epidemiologist1,070,000 ISK
FGP Ultrasound Techncian531,000 ISK
Health Systems Specialist788,000 ISK
Health Technologist883,000 ISK
Healthcare Data Analyst626,000 ISK
Hearing Aid Specialist684,000 ISK
Histotechnologist793,000 ISK
Immunologist1,200,000 ISK
Industrial Hygienist809,000 ISK
Infection Control Coordinator590,000 ISK
Infection Control Practitioner1,340,000 ISK
Infection Preventionist965,000 ISK
Informatics Practice Specialist728,000 ISK
Interventional Radiographer1,030,000 ISK
Lab Assistant505,000 ISK
Laboratory Manager903,000 ISK
Laboratory Technician475,000 ISK
Low Vision Therapist1,160,000 ISK
Mammography Technician481,000 ISK
Medical Coder452,000 ISK
Medical Courier353,000 ISK
Medical Equipment Preparer529,000 ISK
Medical Forms Designer442,000 ISK
Medical Technologist574,000 ISK
MRI Technologist497,000 ISK
Music Therapist732,000 ISK
Neonatologist1,410,000 ISK
Neurodiagnostic Techncian526,000 ISK
Neuropsychology Testing Assistant467,000 ISK
Nuclear Medical Technician690,000 ISK
Nuclear Medicine Technolgoist715,000 ISK
Nutrition Assistant506,000 ISK
Occupaitional Therapy Assistant533,000 ISK
Operating Room Scheduler456,000 ISK
Operating Room Services Director1,410,000 ISK
Ophthalmic Assistant536,000 ISK
Ophthalmic Laboratory Technician536,000 ISK
Optician1,100,000 ISK
Orthopedic Technician526,000 ISK
Orthoptist1,430,000 ISK
Orthotist1,430,000 ISK
Pathology Assistant494,000 ISK
Perfusionist1,580,000 ISK
Phlebotomist403,000 ISK
Pre Authorization Case Manager766,000 ISK
Prosthetist1,260,000 ISK
Radiation Therapist1,720,000 ISK
Radiation Therapy Technologist739,000 ISK
Radiographer1,140,000 ISK
Radiography Technologist738,000 ISK
Radiologic Technologist762,000 ISK
Radiology Technologist710,000 ISK
Respiratory Care Practitioner1,360,000 ISK
Respiratory Therapist1,060,000 ISK
Respiratory Therapy Technician599,000 ISK
Sonographer763,000 ISK
Sonography Technologist708,000 ISK
Speech and Language Pathologist1,060,000 ISK
Ultrasonographer610,000 ISK
Ultrasound Technologist540,000 ISK
Vascular Technologist515,000 ISK
X-Ray Technologist743,000 ISK

Healthcare Technical Jobs Salary Distribution in Iceland

Median and salary distribution monthly Iceland Healthcare Technical
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The median, the maximum, the minimum, and the range

  • Salary Range

    Healthcare Technical salaries in Iceland range from 366,000 ISK per month (minimum average salary) to 2,640,000 ISK per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 925,000 ISK per month, which means that half (50%) of people working in Healthcare Technical are earning less than 925,000 ISK while the other half are earning more than 925,000 ISK. 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 Healthcare Technical are earning less than 581,000 ISK while 75% of them are earning more than 581,000 ISK. Also from the diagram, 75% of people working in Healthcare Technical are earning less than 1,930,000 ISK while 25% are earning more than 1,930,000 ISK.


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.

Healthcare Technical Salary Comparison By Gender

Salary comparison by gender monthly Iceland Healthcare Technical
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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 Iceland who work in Healthcare Technical earn 5% more than their female counterparts on average.

Male
876,000 ISK
Female-4%
837,000 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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Healthcare Technical Average Annual Salary Increment Percentage in Iceland

How much are annual salary increments in Iceland for Healthcare Technical professionals? How often do employees get salary raises?

Healthcare Technical

Healthcare Technical professionals in Iceland are likely to observe a salary increase of approximately 5% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Iceland Healthcare Technical
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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

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 Iceland is 2%.

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 Iceland 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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Healthcare Technical Bonus and Incentive Rates in Iceland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Iceland Healthcare Technical
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Healthcare Technical 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.

61% of surveyed staff in Healthcare Technical reported that they haven't received any bonuses or incentives in the previous year while 39% 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
39%
No Bonus
61%

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.

Healthcare Technical Hourly Average Wage in Iceland


4,940 ISK per hour

The average hourly wage (pay per hour) in Iceland is 4,940 ISK. This means that the average person in Iceland earns approximately 4,940 ISK 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.

Healthcare Technical VS Other Jobs

Salary Comparison Between Healthcare Technical and Health and Medical monthly Iceland
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The average salary for Healthcare Technical is 17% less than that of Health and Medical. Also, Health and Medical salaries are 49% more than those of All Jobs.

Salary Comparison By City

CityAverage Salary
Reykjavik903,000 ISK

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 Iceland earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
611,000 ISK
Public Sector+25%
763,000 ISK
Percentage increase and decrease are relative to the previous value

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