HOME COMPARE YOUR SALARY BROWSE SALARIES
Home
Browse Salaries
Compare Your Salary
Average Salaries
Best Paying Jobs
Salary Increase Letter
Career Articles

Law Enforcement / Security / Fire Average Salaries in Iceland 2020

How much money does a person working in Law Enforcement / Security / Fire make in Iceland?


Average Monthly Salary
559,000 ISK
( 6,710,000 ISK yearly)

LOW
204,000
ISK
AVERAGE
559,000
ISK
HIGH
1,230,000
ISK

A person working in Law Enforcement / Security / Fire in Iceland typically earns around 559,000 ISK per month. Salaries range from 204,000 ISK (lowest average) to 1,230,000 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 Law Enforcement / Security / Fire 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
Accreditation Coordinator549,000 ISK
Accreditation Manager774,000 ISK
Advocate471,000 ISK
Control Room Operator206,000 ISK
Criminal Investigator764,000 ISK
Facility Monitor382,000 ISK
Fire Chief713,000 ISK
Fire Dispatcher350,000 ISK
Fire Education Specialist599,000 ISK
Fire Extinguisher Technician210,000 ISK
Fire Fighter354,000 ISK
Fire Inspector635,000 ISK
Fire Investigator635,000 ISK
Fire Prevention Engineer582,000 ISK
Forensic Investigator635,000 ISK
Forensic Science Technician659,000 ISK
Fraud and Forensic Specialist700,000 ISK
Fraud Examiner718,000 ISK
Grants Specialist847,000 ISK
Intellectual Property Associate613,000 ISK
Intelligence Research Specialist1,020,000 ISK
Investigator657,000 ISK
Jail Officer278,000 ISK
Juvenile Probation Officer478,000 ISK
Juvenile Supervision Officer477,000 ISK
Lock-Smith204,000 ISK
Parole Officer368,000 ISK
Police Captain868,000 ISK
Police Communications Officer510,000 ISK
Police Officer408,000 ISK
Police Patrol Officer367,000 ISK
Prison Officer305,000 ISK
Prisoner Custody Officer253,000 ISK
Private Detective / Investigator730,000 ISK
Security Adviser711,000 ISK
Security Guard203,000 ISK
Security Management Specialist962,000 ISK
Security Manager1,010,000 ISK
Security Officer238,000 ISK
Security Supervisor566,000 ISK
Security Systems Installer520,000 ISK
Security Technician217,000 ISK
Surveillance Operator284,000 ISK
Traffic Controller405,000 ISK

Law Enforcement / Security / Fire Jobs Salary Distribution in Iceland

Median and salary distribution monthly Iceland Law Enforcement / Security / Fire
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/iceland/law-enforcement-security-fire/median-and-salary-distribution-monthly-iceland-law-enforcement-security-fire.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Law Enforcement / Security / Fire salaries in Iceland range from 204,000 ISK per month (minimum average salary) to 1,230,000 ISK per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 604,000 ISK per month, which means that half (50%) of people working in Law Enforcement / Security / Fire are earning less than 604,000 ISK while the other half are earning more than 604,000 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 Law Enforcement / Security / Fire are earning less than 364,000 ISK while 75% of them are earning more than 364,000 ISK. Also from the diagram, 75% of people working in Law Enforcement / Security / Fire are earning less than 988,000 ISK while 25% are earning more than 988,000 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

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.

Law Enforcement / Security / Fire Salary Comparison By Gender

Salary comparison by gender monthly Iceland Law Enforcement / Security / Fire
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/iceland/law-enforcement-security-fire/salary-comparison-by-gender-monthly-iceland-law-enforcement-security-fire.jpg

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 Law Enforcement / Security / Fire earn 5% more than their female counterparts on average.

Female
545,000 ISK
Male+5%
572,000 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/iceland/salary-comparison-by-gender-monthly-iceland.jpg

Law Enforcement / Security / Fire Average Annual Salary Increment Percentage in Iceland

How much are annual salary increments in Iceland for Law Enforcement / Security / Fire professionals? How often do employees get salary raises?

Law Enforcement / Security / Fire

Law Enforcement / Security / Fire professionals in Iceland are likely to observe a salary increase of approximately 3% 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 Law Enforcement / Security / Fire
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/iceland/law-enforcement-security-fire/annual-salary-increment-rate-iceland-law-enforcement-security-fire.jpg


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

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Law Enforcement / Security / Fire Bonus and Incentive Rates in Iceland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Iceland Law Enforcement / Security / Fire
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/iceland/law-enforcement-security-fire/annual-salary-bonus-rate-iceland-law-enforcement-security-fire.jpg

Law Enforcement / Security / Fire is considered to be a low 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.

86% of surveyed staff in Law Enforcement / Security / Fire reported that they haven't received any bonuses or incentives in the previous year while 14% 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
14%
No Bonus
86%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Iceland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/iceland/public-vs-private-sector-salaries-monthly-iceland.jpg

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
612,000 ISK
Public Sector+25%
763,000 ISK
Percentage increase and decrease are relative to the previous value

Law Enforcement / Security / Fire Hourly Average Wage in Iceland


3,220 ISK per hour

The average hourly wage (pay per hour) in Iceland is 3,220 ISK. This means that the average person in Iceland earns approximately 3,220 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.

Law Enforcement / Security / Fire VS Other Jobs

Salary Comparison Between Law Enforcement / Security / Fire and Law Enforcement / Security / Fire monthly Iceland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/iceland/law-enforcement-security-fire/salary-comparison-between-law-enforcement-security-fire-and-law-enforcement-security-fire-monthly-iceland.jpg

The average salary for Law Enforcement / Security / Fire is 19% less than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Reykjavik589,000 ISK
550000 - 1

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2020