Procurement Engineer

16.544.113 ISK (ISK)/yr

7.953,90 ISK (ISK)/hr

415.257 ISK (ISK)/yr

The average procurement engineer gross salary in Iceland is 16.544.113 ISK or an equivalent hourly rate of 7.954 ISK. In addition, they earn an average bonus of 415.257 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level procurement engineer (1-3 years of experience) earns an average salary of 11.812.496 ISK. On the other end, a senior level procurement engineer (8+ years of experience) earns an average salary of 18.942.740 ISK.

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Salary Potential

21.803.969 ISK (ISK)

32 %

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

Education

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

Typical Field of Study: Land Use Planning and Management/Development

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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
Reviews, evaluates, and negotiates terms, conditions, and costs for multiple vendors and suppliers to ensure the most cost-effective options. Manages and maintains catalogue of contact information for various vendors and suppliers.
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