A person working as a Secondary School Teacher in Iceland typically earns around 532,000 ISK per month. Salaries range from 245,000 ISK (lowest) to 845,000 ISK (highest).
This is the average monthly salary including housing, transport, and other benefits. Secondary School Teacher salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Secondary School Teacher salaries in Iceland range from 245,000 ISK per month (minimum salary) to 845,000 ISK per month (maximum salary).
The median salary is 574,000 ISK per month, which means that half (50%) of people working as Secondary School Teacher(s) are earning less than 574,000 ISK while the other half are earning more than 574,000 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.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Secondary School Teacher(s) are earning less than 368,000 ISK while 75% of them are earning more than 368,000 ISK. Also from the diagram, 75% of Secondary School Teacher(s) are earning less than 766,000 ISK while 25% are earning more than 766,000 ISK.
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
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 Secondary School Teacher salaries by experience level and this is what we found.
A Secondary School Teacher with less than two years of experience makes approximately 278,000 ISK per month.
While someone with an experience level between two and five years is expected to earn 371,000 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 548,000 ISK per month, 48% more than someone with two to five years of experience.
Additionally, Secondary School Teacher(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 668,000 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 728,000 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 788,000 ISK per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 Secondary School Teacher salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Secondary School Teacher is 323,000 ISK per month.
While someone with a Master's Degree gets a salary of 623,000 ISK per month, 93% more than someone having a Bachelor's Degree degree.
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 the thoery. 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Secondary School Teacher employees in Iceland earn 5% more than their female counterparts on average.
Secondary School Teacher(s) in Iceland are likely to observe a salary increase of approximately 6% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
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.
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
Listed above are the average annual increase rates for each industry in Iceland for the year 2021. 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.
A Secondary School Teacher is considered to be a low bonus-based job 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.
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.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
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.
The average salary for Secondary School Teacher is 27% less than that of Teaching / Education. Also, Teaching / Education salaries are 6% more than those of All Jobs.
|Job Title||Average Salary|
|Academic Advisor||662,000 ISK||+25%|
|Academic Coach||701,000 ISK||+32%|
|Academic Manager||816,000 ISK||+54%|
|Academic Specialist||615,000 ISK||+16%|
|Academic Staff||532,000 ISK||+0%|
|Achievement Coach||697,000 ISK||+31%|
|Admissions Specialist||606,000 ISK||+14%|
|Agricultural Sciences Teacher||527,000 ISK||-1%|
|Anthropology Teacher||530,000 ISK||-0%|
|Arabic Language Teacher||535,000 ISK||+1%|
|Archeology Teacher||536,000 ISK||+1%|
|Architecture Teacher||582,000 ISK||+9%|
|Art Teacher||482,000 ISK||-9%|
|Assistant School Principal||675,000 ISK||+27%|
|Assistant Teacher||465,000 ISK||-13%|
|Biochemistry Professor||913,000 ISK||+72%|
|Biology Teacher||527,000 ISK||-1%|
|Bursary Scheme Manager||602,000 ISK||+13%|
|Business Teacher||564,000 ISK||+6%|
|Chemistry Teacher||503,000 ISK||-5%|
|Child Care Coordinator||518,000 ISK||-3%|
|Child Care Worker||417,000 ISK||-22%|
|Clinical School Psychologist||825,000 ISK||+55%|
|College Aide||704,000 ISK||+32%|
|College and Career Readiness Specialist||745,000 ISK||+40%|
|College President||1,200,000 ISK||+130%|
|Communications Teacher||568,000 ISK||+7%|
|Community Education Officer||442,000 ISK||-17%|
|Computer Science Teacher||530,000 ISK||-0%|
|Computer Teacher||545,000 ISK||+3%|
|Creative Writing Trainer||634,000 ISK||+19%|
|Credit Counselor||663,000 ISK||+25%|
|Cultural Studies Teacher||523,000 ISK||-2%|
|Curriculum Developer||684,000 ISK||+29%|
|Curriculum Specialist||691,000 ISK||+30%|
|Deputy Controller of Examinations||667,000 ISK||+25%|
|Director of Learning Technology||755,000 ISK||+42%|
|Distance Learning Coordinator||576,000 ISK||+8%|
|Economics Lecturer||905,000 ISK||+70%|
|Education Administrator||641,000 ISK||+21%|
|Education Assistant Director||675,000 ISK||+27%|
|Education Assistant Principal||560,000 ISK||+5%|
|Education Assistant Professor||779,000 ISK||+47%|
|Education Consultant||777,000 ISK||+46%|
|Education Coordinator||557,000 ISK||+5%|
|Education Counselor||611,000 ISK||+15%|
|Education Director||924,000 ISK||+74%|
|Education Program Specialist||723,000 ISK||+36%|
|Education Researcher||816,000 ISK||+54%|
|Education Resource Specialist||620,000 ISK||+17%|
|Education Services Facilitator||653,000 ISK||+23%|
|Educational Psychologist||882,000 ISK||+66%|
|EFL Teacher||532,000 ISK||+0%|
|eLearning Trainer||485,000 ISK||-9%|
|Elementary School Teacher||464,000 ISK||-13%|
|Engineering Lecturer||940,000 ISK||+77%|
|Engineering Teacher||782,000 ISK||+47%|
|English Teacher||524,000 ISK||-1%|
|ESL Teacher||570,000 ISK||+7%|
|Faculty Assistant||689,000 ISK||+30%|
|Foreign Language Teacher||491,000 ISK||-8%|
|GED Teacher||473,000 ISK||-11%|
|Geography Teacher||545,000 ISK||+3%|
|Head of Mathematics Department||716,000 ISK||+35%|
|Head of School||935,000 ISK||+76%|
|High School Teacher||582,000 ISK||+9%|
|History Teacher||578,000 ISK||+9%|
|Infant Teacher||401,000 ISK||-25%|
|Instructional Assistant||584,000 ISK||+10%|
|Kindergarten Teacher||428,000 ISK||-19%|
|Language Instructor For Expatriate||467,000 ISK||-12%|
|Law Teacher||745,000 ISK||+40%|
|Learning Designer||672,000 ISK||+26%|
|Library Assistant||377,000 ISK||-29%|
|Library Director||651,000 ISK||+22%|
|Library Specialist||453,000 ISK||-15%|
|Life Sciences Teacher||506,000 ISK||-5%|
|Math Lecturer||956,000 ISK||+80%|
|Mathematics Teacher||632,000 ISK||+19%|
|Middle School Teacher||583,000 ISK||+10%|
|Music Teacher||502,000 ISK||-6%|
|Nursery Manager||806,000 ISK||+52%|
|Nursery Worker||333,000 ISK||-37%|
|Physical Education Specialist||570,000 ISK||+7%|
|Physical Education Teacher||497,000 ISK||-7%|
|Physics Teacher||577,000 ISK||+9%|
|Political Science Teacher||544,000 ISK||+2%|
|Post Doctoral Researcher||863,000 ISK||+62%|
|Preschool Education Administrator||638,000 ISK||+20%|
|Preschool Teacher||449,000 ISK||-16%|
|Primary School Teacher||470,000 ISK||-12%|
|Product Specialist||594,000 ISK||+12%|
|Professor - Accounting||1,020,000 ISK||+92%|
|Professor - Architecture||1,030,000 ISK||+94%|
|Professor - Biology||998,000 ISK||+88%|
|Professor - Business Administration||972,000 ISK||+83%|
|Professor - Chemical Engineering||1,060,000 ISK||+99%|
|Professor - Chemistry||1,050,000 ISK||+98%|
|Professor - Civil Engineering||969,000 ISK||+82%|
|Professor - Communication||960,000 ISK||+81%|
|Professor - Computer Science||1,010,000 ISK||+90%|
|Professor - Dentistry||1,050,000 ISK||+98%|
|Professor - Drama||966,000 ISK||+82%|
|Professor - Economics||1,040,000 ISK||+96%|
|Professor - Education||1,020,000 ISK||+92%|
|Professor - Electrical Engineering||1,060,000 ISK||+99%|
|Professor - English||962,000 ISK||+81%|
|Professor - Environmental Engineering||1,030,000 ISK||+94%|
|Professor - Foreign Languages||952,000 ISK||+79%|
|Professor - Geological Sciences||984,000 ISK||+85%|
|Professor - History||992,000 ISK||+87%|
|Professor - Industrial Engineering||982,000 ISK||+85%|
|Professor - Law||1,060,000 ISK||+99%|
|Professor - Legal Support||947,000 ISK||+78%|
|Professor - Liberal Arts||988,000 ISK||+86%|
|Professor - Marketing||940,000 ISK||+77%|
|Professor - Mathematics||1,080,000 ISK||+100%|
|Professor - Mechanical Engineering||1,050,000 ISK||+98%|
|Professor - Medical Administration||1,060,000 ISK||+99%|
|Professor - Medicine||1,190,000 ISK||+120%|
|Professor - Music||909,000 ISK||+71%|
|Professor - Nursing||932,000 ISK||+75%|
|Professor - Pharmaceutical Sciences||981,000 ISK||+85%|
|Professor - Philosophy||988,000 ISK||+86%|
|Professor - Physical Therapy||1,040,000 ISK||+96%|
|Professor - Physics||1,070,000 ISK||+100%|
|Professor - Psychology||969,000 ISK||+82%|
|Professor - Rehabilitation||902,000 ISK||+70%|
|Professor - Social Work||885,000 ISK||+66%|
|Professor - Sociology||966,000 ISK||+82%|
|Professor - Special Education||981,000 ISK||+85%|
|Psychology Teacher||821,000 ISK||+54%|
|Public Management Assistant Professor||785,000 ISK||+48%|
|School Counselor||703,000 ISK||+32%|
|Science Educator||540,000 ISK||+2%|
|Science Laboratory Assistant||511,000 ISK||-4%|
|Science Teacher||570,000 ISK||+7%|
|Secondary Mathematics Teacher||586,000 ISK||+10%|
|Secondary School Teacher||532,000 ISK||+0%|
|Special Education Teacher||592,000 ISK||+11%|
|Special Needs Assistant||459,000 ISK||-14%|
|Statistics Lecturer||917,000 ISK||+73%|
|Student Accounts Coordinator||503,000 ISK||-5%|
|Student Development Specialist||610,000 ISK||+15%|
|Student Employment Specialist||578,000 ISK||+9%|
|Student Services||506,000 ISK||-5%|
|Student Support Manager||627,000 ISK||+18%|
|Substitute Teacher||463,000 ISK||-13%|
|Teacher Aide||435,000 ISK||-18%|
|Teacher Trainer||663,000 ISK||+25%|
|Training and Development Specialist||669,000 ISK||+26%|
|Training Coordinator||466,000 ISK||-12%|
|University Teacher||976,000 ISK||+84%|
|Vocational Education Teacher||544,000 ISK||+2%|
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.