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Health and Medical Average Salaries in Iceland 2020

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


Average Monthly Salary
1,030,000 ISK
( 12,300,000 ISK yearly)

LOW
215,000
ISK
AVERAGE
1,030,000
ISK
HIGH
3,070,000
ISK

A person working in Health and Medical in Iceland typically earns around 1,030,000 ISK per month. Salaries range from 215,000 ISK (lowest average) to 3,070,000 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 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 Clinician1,300,000 ISK
Acute Care Nurse595,000 ISK
Administrative Director1,140,000 ISK
Admitting Clerk217,000 ISK
Admitting Manager642,000 ISK
Admitting Officer483,000 ISK
Advanced Nutrition Aide930,000 ISK
Advanced Practice Provider881,000 ISK
Allergist1,190,000 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 Director of Nursing916,000 ISK
Assistant Occupational Therapist508,000 ISK
Assistant Optometrist549,000 ISK
Assistant Physical Therapist502,000 ISK
Audiologist1,170,000 ISK
Behavioral Health Specialist764,000 ISK
Biomedical Engineering Director881,000 ISK
Biomedical Engineering Technician462,000 ISK
Breast Center Manager1,960,000 ISK
Cardiac Technician446,000 ISK
Cardiology Manager1,960,000 ISK
Cardiopulmonary Rehab Spcialist731,000 ISK
Cardiovascular Specialist2,480,000 ISK
Cardiovascular Technologist941,000 ISK
Care Assistant431,000 ISK
Care Coordinator305,000 ISK
Caregiver361,000 ISK
Case Manager742,000 ISK
Central Sterile Processing Technician542,000 ISK
Charge Entry Specialist596,000 ISK
Chief of Psychology1,970,000 ISK
Chief of Surgery2,730,000 ISK
Chiropractor755,000 ISK
Clinic Assistant432,000 ISK
Clinic Manager922,000 ISK
Clinic Navigator468,000 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 Director1,820,000 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 Policy Developer546,000 ISK
Clinical Psychologist1,960,000 ISK
Clinical Research Coordinator728,000 ISK
Clinical Scientist1,240,000 ISK
Clinical Social Worker499,000 ISK
CME Specialist1,060,000 ISK
Coding Practice Manager758,000 ISK
Community Relations Manager679,000 ISK
Company Nurse441,000 ISK
Correctional Treatment Specialist1,230,000 ISK
Counseling Psychologist1,550,000 ISK
Credentialing Analyst534,000 ISK
Critical Care Nurse571,000 ISK
CT Technologist590,000 ISK
Cytogenetic Technologist879,000 ISK
Data Coordinator279,000 ISK
Dental Assistant442,000 ISK
Dental Hygienist416,000 ISK
Dental Laboratory Technician398,000 ISK
Dental Receptionist342,000 ISK
Dental Technician416,000 ISK
Dental Therapist631,000 ISK
Dentist1,580,000 ISK
Dermatologist1,890,000 ISK
Diagnostic Medical Sonographer708,000 ISK
Dietetic Technician431,000 ISK
Dietitian1,310,000 ISK
Director of Medical Staff Services1,170,000 ISK
Discharge Coordinator280,000 ISK
Dispensing Optician579,000 ISK
District Nurse526,000 ISK
Doctor1,600,000 ISK
Dosimetrist836,000 ISK
EKG Technician579,000 ISK
Emergency Department Physician1,430,000 ISK
Emergency Management Director1,640,000 ISK
Emergency Response Specialist655,000 ISK
Emergency Services Director1,700,000 ISK
Endodontist1,920,000 ISK
Endoscopic Assistant543,000 ISK
Endoscopy Technician509,000 ISK
Enterostomal Therapist820,000 ISK
Epidemiologist1,070,000 ISK
ER Registration Supervisor414,000 ISK
Exercise Physiologist1,500,000 ISK
Family Nurse Practitioner577,000 ISK
FGP Ultrasound Techncian531,000 ISK
Food Services Director790,000 ISK
Forensic Pathologist1,650,000 ISK
General Medical Practitioner1,310,000 ISK
Genetic Counselor1,020,000 ISK
Head Nurse597,000 ISK
Health Compliance Director1,550,000 ISK
Health Economist1,540,000 ISK
Health Information Manager798,000 ISK
Health Services Manager1,420,000 ISK
Health Systems Specialist788,000 ISK
Health Technologist883,000 ISK
Health Unit Coordinator471,000 ISK
Healthcare Assistant473,000 ISK
Healthcare Consultant889,000 ISK
Healthcare Data Analyst626,000 ISK
Hearing Aid Specialist684,000 ISK
Histotechnologist793,000 ISK
Home Health Aide471,000 ISK
Home Health Scheduler343,000 ISK
Home Nurse481,000 ISK
ICU Registered Nurse581,000 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 Nurse Specialist565,000 ISK
Informatics Practice Specialist728,000 ISK
Intake Coordinator315,000 ISK
Internist2,010,000 ISK
Interventional Radiographer1,030,000 ISK
Interventionist1,930,000 ISK
Invasive Cardiologist2,570,000 ISK
Lab Assistant505,000 ISK
Laboratory Manager903,000 ISK
Laboratory Technician475,000 ISK
Lead Patient Account Representative597,000 ISK
Licensed Practical Nurse (LPN)496,000 ISK
Low Vision Therapist1,160,000 ISK
Mammography Technician481,000 ISK
Managed Care Assistant322,000 ISK
Maternity Services Director1,440,000 ISK
MDS Coordinator546,000 ISK
Medical Administrator720,000 ISK
Medical Assistant345,000 ISK
Medical Biller346,000 ISK
Medical Billing Clerk276,000 ISK
Medical Billing Specialist572,000 ISK
Medical Coder452,000 ISK
Medical Courier353,000 ISK
Medical Director1,530,000 ISK
Medical Equipment Maintenance Manager628,000 ISK
Medical Equipment Preparer529,000 ISK
Medical Forms Designer442,000 ISK
Medical Insurance Manager1,120,000 ISK
Medical Office Administrator610,000 ISK
Medical Office Assistant433,000 ISK
Medical Office Manager1,110,000 ISK
Medical Policy Manager929,000 ISK
Medical Policy Specialist566,000 ISK
Medical Project Coordinator417,000 ISK
Medical Records Administrator419,000 ISK
Medical Records Clerk205,000 ISK
Medical Records Coding Manager759,000 ISK
Medical Records Director875,000 ISK
Medical Records Transcriptionist324,000 ISK
Medical Scribe490,000 ISK
Medical Secretary338,000 ISK
Medical Staff Services Specialist690,000 ISK
Medical Technologist574,000 ISK
Medication Aide494,000 ISK
Mental Health Aide519,000 ISK
Mental Health Nurse533,000 ISK
Mental Health Technician513,000 ISK
Mental Health Therapst1,170,000 ISK
Mental Health Worker534,000 ISK
Mobile Phlebotomist391,000 ISK
MRI Technologist497,000 ISK
Music Therapist732,000 ISK
Naturopathic Physician1,980,000 ISK
Neonatal Nurse Practitioner751,000 ISK
Neonatologist1,410,000 ISK
Neurodiagnostic Techncian526,000 ISK
Neurologist2,010,000 ISK
Neurophysiology Technologist573,000 ISK
Neuropsychology Testing Assistant467,000 ISK
Nuclear Medical Technician690,000 ISK
Nuclear Medicine Physician1,700,000 ISK
Nuclear Medicine Technolgoist715,000 ISK
Nurse499,000 ISK
Nurse Educator617,000 ISK
Nurse Midwife599,000 ISK
Nurse Practitioner623,000 ISK
Nursing Assistant455,000 ISK
Nursing Coordinator593,000 ISK
Nursing Director1,190,000 ISK
Nursing Services Instructor572,000 ISK
Nursing Supervisor762,000 ISK
Nutrition Assistant506,000 ISK
Nutrition Services Aide632,000 ISK
Obstetrician / Gynecologist1,780,000 ISK
Occupaitional Therapy Assistant533,000 ISK
Occupational Health Advisor981,000 ISK
Occupational Health Safety Specialist901,000 ISK
Occupational Therapist820,000 ISK
Oncology Specialty Representative617,000 ISK
Operating Room Scheduler456,000 ISK
Operating Room Services Director1,410,000 ISK
Ophthalmic Assistant536,000 ISK
Ophthalmic Laboratory Technician536,000 ISK
Ophthalmologist1,340,000 ISK
Optician1,100,000 ISK
Optometrist1,330,000 ISK
Oral Surgeon1,950,000 ISK
Orthodontic Assistant428,000 ISK
Orthodontist1,830,000 ISK
Orthopedic Technician526,000 ISK
Orthoptist1,430,000 ISK
Orthotist1,430,000 ISK
Pathology Assistant494,000 ISK
Patient Account Represenatative483,000 ISK
Patient Care Coordinator649,000 ISK
Patient Care Manager978,000 ISK
Patient Care Services Executive773,000 ISK
Patient Care Technician467,000 ISK
Patient Management Coordinator448,000 ISK
Patient Registrar353,000 ISK
Patient Relations Manager845,000 ISK
Patient Representative477,000 ISK
Patient Safety Manager794,000 ISK
Patient Safety Specialist664,000 ISK
Patient Services Coordinator733,000 ISK
Patient Services Director1,040,000 ISK
Patient Sitter402,000 ISK
Pediatrician1,590,000 ISK
Perfusionist1,580,000 ISK
Periodontist1,910,000 ISK
Perioperative Aide638,000 ISK
Personal Support Worker422,000 ISK
Phlebotomist403,000 ISK
Physical Therapist1,030,000 ISK
Physical Therapy Aide424,000 ISK
Physical Therapy Assistant424,000 ISK
Physical Therapy Director1,180,000 ISK
Physician1,600,000 ISK
Physician - Anesthesiology2,210,000 ISK
Physician - Cardiology2,360,000 ISK
Physician - CCU1,340,000 ISK
Physician - Dermatology1,890,000 ISK
Physician - Emergency Room1,410,000 ISK
Physician - Endocrinology1,800,000 ISK
Physician - Family Practice1,250,000 ISK
Physician - Gastroenterology1,700,000 ISK
Physician - Generalist1,360,000 ISK
Physician - Geriatrics1,170,000 ISK
Physician - Hematology / Oncology1,640,000 ISK
Physician - Immunology / Allergy1,870,000 ISK
Physician - Infectious Disease1,590,000 ISK
Physician - Internal Medicine1,940,000 ISK
Physician - Maternal / Fetal Medicine1,550,000 ISK
Physician - Nephrology1,900,000 ISK
Physician - Neurology1,900,000 ISK
Physician - Nuclear Medicine1,610,000 ISK
Physician - Obstetrics / Gynecology1,700,000 ISK
Physician - Occupational Medicine1,310,000 ISK
Physician - Ophthalmology1,230,000 ISK
Physician - Otolaryngology1,280,000 ISK
Physician - Pain Medicine1,190,000 ISK
Physician - Pathology1,510,000 ISK
Physician - Pediatric Cardiology1,870,000 ISK
Physician - Pediatric Neonatology1,780,000 ISK
Physician - Pediatrics1,610,000 ISK
Physician - Physiatry1,750,000 ISK
Physician - Podiatry1,610,000 ISK
Physician - Pulmonary Medicine1,270,000 ISK
Physician - Radiation Therapy2,080,000 ISK
Physician - Radiology2,080,000 ISK
Physician - Rheumatology1,830,000 ISK
Physician - Sports Medicine1,810,000 ISK
Physician - Urology2,340,000 ISK
Physician Assistant1,090,000 ISK
Physiotherapist1,220,000 ISK
Podiatrist1,170,000 ISK
Practice Manager1,280,000 ISK
Pre Authorization Case Manager766,000 ISK
Preventive Medicine Physician1,610,000 ISK
Program Coordinator295,000 ISK
Project Manager798,000 ISK
Prosthetist1,260,000 ISK
Prosthodontist1,920,000 ISK
Psychiatric Nurse511,000 ISK
Psychiatric Technician509,000 ISK
Psychiatrist1,720,000 ISK
Psychololgist1,750,000 ISK
Psychometrician1,500,000 ISK
Psychometrist884,000 ISK
Public Health Analyst1,160,000 ISK
Public Health Social Worker319,000 ISK
Public Health Specialist1,150,000 ISK
Quality Assurance Manager902,000 ISK
Radiation Therapist1,720,000 ISK
Radiation Therapy Technologist739,000 ISK
Radiographer1,140,000 ISK
Radiography Technologist738,000 ISK
Radiologic Technologist762,000 ISK
Radiologist1,800,000 ISK
Radiology Manager1,600,000 ISK
Radiology Technologist710,000 ISK
Registered Nurse544,000 ISK
Registered Nurse Case Manager611,000 ISK
Registered Respiratory Therapist1,100,000 ISK
Rehabilitation Director1,470,000 ISK
Rehabilitation Services Manager1,640,000 ISK
Respiratory Care Practitioner1,360,000 ISK
Respiratory Manager1,020,000 ISK
Respiratory Therapist1,060,000 ISK
Respiratory Therapy Technician599,000 ISK
School Nurse457,000 ISK
Skin Care Specialist955,000 ISK
Sonographer763,000 ISK
Sonography Technologist708,000 ISK
Speech and Language Pathologist1,060,000 ISK
Staff Nurse495,000 ISK
Surgeon1,950,000 ISK
Surgeon - Burn1,870,000 ISK
Surgeon - Cardiothoracic2,570,000 ISK
Surgeon - Heart Transplant2,800,000 ISK
Surgeon - Neurology2,410,000 ISK
Surgeon - Orthopedic2,720,000 ISK
Surgeon - Pediatric2,170,000 ISK
Surgeon - Plastic Reconstructive2,520,000 ISK
Surgeon - Trauma2,010,000 ISK
Surgical Assistant656,000 ISK
Surgical Instrument Techncian608,000 ISK
Surgical Technologist666,000 ISK
Telephonic Nurse Case Manager750,000 ISK
Theatre Manager846,000 ISK
Treatment Services Director1,940,000 ISK
Ultrasonographer610,000 ISK
Ultrasound Technologist540,000 ISK
Urologist2,360,000 ISK
Utilization Review Nurse566,000 ISK
Vascular Technologist515,000 ISK
Vision Rehabilitation Therapist1,090,000 ISK
Ward Manager953,000 ISK
Wellness Coordinator654,000 ISK
X-Ray Technologist743,000 ISK

Health and Medical Jobs Salary Distribution in Iceland

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

  • Salary Range

    Health and Medical salaries in Iceland range from 215,000 ISK per month (minimum average salary) to 3,070,000 ISK per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 1,110,000 ISK per month, which means that half (50%) of people working in Health and Medical are earning less than 1,110,000 ISK while the other half are earning more than 1,110,000 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 Health and Medical are earning less than 595,000 ISK while 75% of them are earning more than 595,000 ISK. Also from the diagram, 75% of people working in Health and Medical are earning less than 2,250,000 ISK while 25% are earning more than 2,250,000 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.

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 Iceland costs anywhere from 3,440,000 Iceland Krona(s) to 10,300,000 Iceland Krona(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 Iceland 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 Iceland who work in Health and Medical earn 5% more than their female counterparts on average.

Male
1,050,000 ISK
Female-4%
1,000,000 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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Health and Medical Average Annual Salary Increment Percentage in Iceland

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

Health and Medical

Health and Medical professionals in Iceland 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 Iceland 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.

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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Health and Medical Bonus and Incentive Rates in Iceland

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

61% of surveyed staff in Health and Medical 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.

Health and Medical Hourly Average Wage in Iceland


5,920 ISK per hour

The average hourly wage (pay per hour) in Iceland is 5,920 ISK. This means that the average person in Iceland earns approximately 5,920 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.

Health and Medical VS Other Jobs

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

Salary Comparison By City

CityAverage Salary
Reykjavik1,080,000 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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