Developer Algorithm

15.939.577 ISK (ISK)/yr

7.663,26 ISK (ISK)/hr

712.499 ISK (ISK)/yr

The average developer algorithm gross salary in Iceland is 15.939.577 ISK or an equivalent hourly rate of 7.663 ISK. In addition, they earn an average bonus of 712.499 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level developer algorithm (1-3 years of experience) earns an average salary of 11.169.499 ISK. On the other end, a senior level developer algorithm (8+ years of experience) earns an average salary of 18.178.730 ISK.

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Salary Potential

20.986.866 ISK (ISK)

32 %

Based on our compensation data, the estimated salary potential for Developer Algorithm will increase 32 % over 5 years.

Education

This chart displays the highest level of education for:
Developer Algorithm, the majority at 100% with bachelors.

Typical Field of Study: Computer Programming, Specific Applications

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Country Overview

Iceland

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Iceland is a Nordic island country between the Arctic Ocean and the North Atlantic Ocean, located on the Mid-Atlantic Ridge between Europe and North America. It is culturally and politically linked with Europe and is the region's westernmost and most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 35% of the country's roughly 395,000 residents (excluding nearby towns/suburbs, which are separate municipalities). The official language of the country is

Sourced from Wikipedia
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Disclaimer
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Job Description
Designs, develops and implements new algorithms and tools. Conducts routine and non-routine testing on existing algorithms to identify bugs and areas for optimization. Documents algorithm implementation, user requirements and specifications.
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