Payroll Analyst

11.043.900 ISK (ISK)/yr

5.309,57 ISK (ISK)/hr

151.301 ISK (ISK)/yr

The average payroll analyst gross salary in Iceland is 11.043.900 ISK or an equivalent hourly rate of 5.310 ISK. In addition, they earn an average bonus of 151.301 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level payroll analyst (1-3 years of experience) earns an average salary of 8.595.026 ISK. On the other end, a senior level payroll analyst (8+ years of experience) earns an average salary of 12.252.822 ISK.

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Salary Potential

14.540.966 ISK (ISK)

32 %

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

Education

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

Typical Field of Study: Accounting Technician Training and Bookkeeping

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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
Handles a variety of complex accounting duties in the preparation, processing, and maintenance of payroll, salary, and benefit calculations. Analyzes and updates payroll and benefit data on a monthly basis. Designs and maintains a database to organize, collect and retrieve data into required reporting formats.
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