Lathe Engine Setup Operator

6.916.434 ISK (ISK)/yr

3.325,21 ISK (ISK)/hr

117.579 ISK (ISK)/yr

The average lathe engine setup operator gross salary in Iceland is 6.916.434 ISK or an equivalent hourly rate of 3.325 ISK. In addition, they earn an average bonus of 117.579 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level lathe engine setup operator (1-3 years of experience) earns an average salary of 5.164.086 ISK. On the other end, a senior level lathe engine setup operator (8+ years of experience) earns an average salary of 8.409.277 ISK.

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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.

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8.844.144 ISK (ISK)

28 %

Based on our compensation data, the estimated salary potential for Lathe Engine Setup Operator will increase 28 % over 5 years.

Education data not available for this job

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 (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is linked culturally and politically with Europe and is the region's most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents. The official language of the country is Icelandic. Located on a rift between tectonic plates, Iceland...

Sourced from Wikipedia
Prepares and operates engine lathes to machine metallic and nonmetallic work pieces according to specifications, tooling instructions, and standard charts, applying knowledge of machining methods. Reads blueprint or job order for specifications, such as dimensions and tolerances, tooling instructions on holding devices, feed rates, cutting speeds, depth of cuts, and cutting tools. Read More

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Disclaimer

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Professionals should subscribe to SalaryExpert’s Assessor Platform.

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.

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