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Delivery Driver Average Salary in Iceland 2023

How much money does a person working as Delivery Driver make in Iceland?


Average Monthly Salary
189,000 ISK
( 2,270,000 ISK yearly)

LOW
87,000
ISK
AVERAGE
189,000
ISK
HIGH
301,000
ISK

A person working as Delivery Driver in Iceland typically earns around 189,000 ISK per month. Salaries range from 87,000 ISK (lowest) to 301,000 ISK (highest).

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

Delivery Driver Pay Scale and Salaries in Iceland

Median and salary distribution Iceland Delivery Driver monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
179,000 ISK or more
10% of people earn
157,000 to 179,000 ISK
20% of people earn
108,000 ISK or less
65% of people earn
108,000 to 157,000 ISK
Minimum Salary
87,000 ISK
Median
181,000 ISK
Maximum
301,000 ISK


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

  • Salary Range, Minimum Wage, and Starting Salary

    Delivery Driver salaries in Iceland range from 87,000 ISK per month (starting salary) to 301,000 ISK per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 181,000 ISK per month, which means that half (50%) of people working as Delivery Driver(s) are earning less than 181,000 ISK while the other half are earning more than 181,000 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 and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Delivery Driver(s) are earning less than 146,000 ISK while 75% of them are earning more than 146,000 ISK. Also from the diagram, 75% of Delivery Driver(s) are earning less than 208,000 ISK while 25% are earning more than 208,000 ISK.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 108,000 ISK to 157,000 ISK. Approximatly 20% fall under the 108,000 ISK cap. Ten percent of wages are from 157,000 ISK to 179,000 ISK. Only 5% of people grossed 179,000 ISK or more.

Delivery Driver Salary Comparison by Years of Experience

How does experience and age affect your pay?

Delivery Driver average salary change by experience in Iceland

0 - 2 Years
98,700 ISK
2 - 5 Years+34%
132,000 ISK
5 - 10 Years+48%
195,000 ISK
10 - 15 Years+22%
238,000 ISK
15 - 20 Years+9%
259,000 ISK
20+ Years+8%
280,000 ISK
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Iceland Delivery Driver
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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 Delivery Driver salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 98,700 ISK per month.

While someone with an experience level between two and five years is expected to earn 132,000 ISK per month, 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 195,000 ISK per month, 48% more than someone with two to five 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.

Additionally, Delivery Driver whose expertise span anywhere between ten and fifteen years get a salary equivalent to 238,000 ISK per month, 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 259,000 ISK per month, 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 280,000 ISK per month, 8% more than people with fifteen to twenty years of experience.


Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Delivery Driver Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Delivery Driver(s) who have the same experience but different education levels.

Delivery Driver average salary difference by education level in Iceland

High School
113,000 ISK
Certificate or Diploma+57%
177,000 ISK
Bachelor's Degree+68%
296,000 ISK
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Iceland Delivery Driver
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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 Delivery Driver salaries by education level in order to make a comparison.

When the education level is High School, the average salary is 113,000 ISK per month.

While someone with a Certificate or Diploma gets a salary of 177,000 ISK per month, 57% more than someone having a High School degree.

People with Bachelor's Degree have an average salary of 296,000 ISK per month, 68% more than someone with a Certificate or Diploma.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender - Delivery Driver

Salary comparison by gender Iceland Delivery Driver 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? Male Delivery Driver employees in Iceland earn 5% more than their female counterparts on average.

Male
193,000 ISK
Female-4%
185,000 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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Delivery Driver Average Annual Salary Increment Percentage in Iceland

How much are annual salary increments in Iceland for Delivery Driver(s)? How often do employees get salary raises?

Delivery Driver

Delivery Driver(s) in Iceland are likely to observe a salary increase of approximately 3% 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 Delivery Driver
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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 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 2022

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 2022. 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

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.

Delivery Driver Bonus and Incentive Rates in Iceland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Iceland Delivery Driver
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"Delivery Driver" is considered to be a low bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

85% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 15% 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
15%
No Bonus
85%

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.

Delivery Driver Salary Trend and Forecast in Iceland

How are Delivery Driver salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
163,000 ISK
Average Salary 2020+4%
170,000 ISK
Average Salary 2021+4%
176,000 ISK
Average Salary 2022+4%
182,000 ISK
Percentage increase and decrease are relative to the previous value

Delivery Driver salaries in Iceland are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 4% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Iceland Delivery Driver
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Delivery Driver Average Hourly Wage in Iceland


1,090 ISK per hour

The average hourly wage (pay per hour) in Iceland is 1,090 ISK. This means that the average Delivery Driver in Iceland earns approximately 1,090 ISK 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 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for 'Delivery Driver' in Iceland is 500 ISK. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Delivery Driver VS Other Jobs

189,000 ISK
268,000 ISK
687,000 ISK
Average Salary
Delivery Driver
Average Salary
Courier / Delivery / Transport / Drivers
Average Salary
All Jobs

The average salary for Delivery Driver is 30% less than that of Courier / Delivery / Transport / Drivers. Also, Courier / Delivery / Transport / Drivers salaries are 61% less than those of All Jobs.

Salary Comparison Between Delivery Driver and Courier / Delivery / Transport / Drivers monthly Iceland
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Salary comparison with similar jobs

Job TitleAverage Salary
Bus Driver210,000 ISK+11%
CDL Driver243,000 ISK+29%
CDL Truck Driver241,000 ISK+27%
Chauffeur249,000 ISK+32%
Courier Coordinator308,000 ISK+63%
Courier Sales Manager472,000 ISK+150%
Deck Officer223,000 ISK+18%
Delivery Driver189,000 ISK-0%
Delivery Specialist253,000 ISK+34%
Delivery Supervisor288,000 ISK+52%
Dispatcher179,000 ISK-5%
Driver198,000 ISK+5%
Driving Instructor258,000 ISK+36%
Goods Receiving Expediter205,000 ISK+8%
Limousine Driver250,000 ISK+32%
Parking Inspector243,000 ISK+29%
School Bus Driver227,000 ISK+20%
Shuttle Driver203,000 ISK+7%
Taxi Driver208,000 ISK+10%
Third Officer190,000 ISK+1%
Train Driver222,000 ISK+17%
Tram Driver215,000 ISK+14%
Transport Officer195,000 ISK+3%
Transportation and Shipping Supervisor306,000 ISK+62%
Transportation Manager817,000 ISK+330%
Truck Driver207,000 ISK+9%

Salary Comparison By City

CityAverage Salary
Reykjavik207,000 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

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for Delivery Driver in Iceland?

A good and competitive compensation would range anywhere between 181,000 ISK and 208,000 ISK. This is a very rough estimate and your experience and education will play a very huge part into your 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 salart after tax for every career.

Base / Basic Salary

The base salary for Delivery Driver in Iceland is ranges from 146,000 ISK to 208,000 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 in 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 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


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