Machine Shop Foreman
10.606.145 ISK (ISK)/yr
5.099,11 ISK (ISK)/hr
362.730 ISK (ISK)/yr
The average machine shop foreman gross salary in Iceland is 10.606.145 ISK or an equivalent hourly rate of 5.099 ISK. In addition, they earn an average bonus of 362.730 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level machine shop foreman (1-3 years of experience) earns an average salary of 7.605.242 ISK. On the other end, a senior level machine shop foreman (8+ years of experience) earns an average salary of 13.133.378 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.
13.562.231 ISK (ISK)
28 %
Based on our compensation data, the estimated salary potential for Machine Shop Foreman will increase 28 % over 5 years.
This chart displays the highest level of education for:
Machine Shop Foreman, the majority at 57% with high schools.
Typical Field of Study: Business Administration and Management
See how education can impact your salaryCost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageIceland (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 WikipediaHow Much Should You Be Paid?
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
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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