A person working as a Computer Technician in Iceland typically earns around 496,000 ISK per month. Salaries range from 228,000 ISK (lowest) to 788,000 ISK (highest).
This is the average monthly salary including housing, transport, and other benefits. Computer Technician salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Computer Technician salaries in Iceland range from 228,000 ISK per month (minimum salary) to 788,000 ISK per month (maximum salary).
The median salary is 536,000 ISK per month, which means that half (50%) of people working as Computer Technician(s) are earning less than 536,000 ISK while the other half are earning more than 536,000 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 Computer Technician(s) are earning less than 344,000 ISK while 75% of them are earning more than 344,000 ISK. Also from the diagram, 75% of Computer Technician(s) are earning less than 715,000 ISK while 25% are earning more than 715,000 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 Computer Technician salaries by experience level and this is what we found.
A Computer Technician with less than two years of experience makes approximately 259,000 ISK per month.
While someone with an experience level between two and five years is expected to earn 346,000 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 511,000 ISK per month, 48% more than someone with two to five years of experience.
Additionally, Computer Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 623,000 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 679,000 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 735,000 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 Computer Technician salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a Computer Technician is 301,000 ISK per month.
While someone with a Bachelor's Degree gets a salary of 581,000 ISK per month, 93% more than someone having a Certificate or Diploma degree.
|Certificate or Diploma|
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Computer Technician employees in Iceland earn 5% more than their female counterparts on average.
Computer Technician(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 Computer Technician 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 Computer Technician is 19% less than that of Other IT. Also, Other IT salaries are 12% less than those of Information Technology.
|Job Title||Average Salary|
|Applications System Specialist||554,000 ISK||+12%|
|Artificial Intelligence and Machine Learning Specialist||724,000 ISK||+46%|
|Artificial Intelligence Developer||724,000 ISK||+46%|
|Blockchain Associate||621,000 ISK||+25%|
|Blockchain Developer||579,000 ISK||+17%|
|Computer Animator||554,000 ISK||+12%|
|Computer Hardware Engineer||546,000 ISK||+10%|
|Computer Operator||431,000 ISK||-13%|
|Computer Technician||496,000 ISK||+0%|
|Copy Editor||528,000 ISK||+6%|
|Data Center Technician||555,000 ISK||+12%|
|Documentation Specialist||552,000 ISK||+11%|
|Ethical Hacker||571,000 ISK||+15%|
|GIS Analyst||589,000 ISK||+19%|
|Global BI Analyst||697,000 ISK||+41%|
|Hardware Design Engineer||635,000 ISK||+28%|
|Hardware Technician||507,000 ISK||+2%|
|Help Desk Analyst||582,000 ISK||+17%|
|Informatics Optimization Specialist||647,000 ISK||+30%|
|Information Assurance Analyst||654,000 ISK||+32%|
|Information Technology Infrastructure Engineer||546,000 ISK||+10%|
|Information Technology Quality Specialist||632,000 ISK||+27%|
|Information Technology Trainer||644,000 ISK||+30%|
|Interface Designer||511,000 ISK||+3%|
|Microsystems Engineer||642,000 ISK||+29%|
|Numerical Control Programmer||521,000 ISK||+5%|
|Records Manager||507,000 ISK||+2%|
|Scrum Master||536,000 ISK||+8%|
|Software Sales||566,000 ISK||+14%|
|Software Specialist||575,000 ISK||+16%|
|Storage Engineer||508,000 ISK||+2%|
|Systems Engineer||528,000 ISK||+6%|
|Systems Integrator||636,000 ISK||+28%|
|Technical Sales||606,000 ISK||+22%|
|Technical Trainer||638,000 ISK||+29%|
|Technical Writer||556,000 ISK||+12%|
|Usability Engineer||626,000 ISK||+26%|
|User Experience Consultant||655,000 ISK||+32%|
|User Experience Design Expert||684,000 ISK||+38%|
|User Experience Researcher||689,000 ISK||+39%|
|User Interface Designer||624,000 ISK||+26%|
|Video Game Designer||563,000 ISK||+14%|
|Visual Information Specialist||594,000 ISK||+20%|
|Writer and Documentor||547,000 ISK||+10%|
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.