Average Construction Coordinator Salary in Iceland for 2024

In this article, we will look at the average Construction Coordinator salary for 2024 in Iceland and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Icelandic króna. To keep things simple, we are using the ISK currency code instead of the currency symbol kr.

How Much Does a Construction Coordinator Make in Iceland?

A Construction Coordinator working in Iceland will typically earn around 4,129,300 ISK per year, and this can range from the lowest average salary of about 1,896,700 ISK to the highest average salary of 6,564,600 ISK.

Average Annual Salary
4,129,300 ISK
Average Monthly Salary
344,108 ISK

Lowest Annual Salary
1,896,700 ISK
Lowest Monthly Salary
158,058 ISK

Highest Annual Salary
6,564,600 ISK
Highest Monthly Salary
547,050 ISK

These are average salaries for a Construction Coordinator in Iceland and include benefits such as housing and transport. It's also possible for a Construction Coordinator to earn more or less than the average salaries shown above.

Construction Coordinator salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Construction Coordinator Salaries in Iceland

So we've looked at the average salaries a Construction Coordinator will earn in Iceland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Construction Coordinator can earn between 1,896,700 ISK and 6,564,600 ISK on average in Iceland. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Construction Coordinator in Iceland is 4,450,400 ISK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 4,450,400 ISK, and 50% of the population earn more than 4,450,400 ISK.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Construction Coordinator salary in Iceland, 25% of the population are earning less than 2,854,700 ISK while 75% of the population earn more than 2,854,700 ISK.

75% of the population earn less than 5,952,700 ISK, and 25% of the population earn more than 5,952,700 ISK.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Construction Coordinator Salary by Experience Level in Iceland

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average construction coordinator salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Construction Coordinator in Iceland that has less than two years of experience can expect to earn somewhere in the region of 2,161,200 ISK.
  • 2 - 5 Years Experience. With two to five years of experience the average Construction Coordinator salary would increase to 2,878,300 ISK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Construction Coordinator, the average salary would be 4,249,700 ISK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 5,183,700 ISK.
  • 15 - 20 Years Experience. A Construction Coordinator with 15 to 20 years of experience can earn an average of 5,651,400 ISK.
  • 20+ Years Experience. For a Construction Coordinator with more than 20 years, the expected average salary increases to 6,118,800 ISK.

Average Salary by Experience Chart

0-2 Years
2,161,200 ISK
2-5 Years +34%
2,878,300 ISK
5-10 Years +48%
4,249,700 ISK
10-15 Years +22%
5,183,700 ISK
15-20 Years +9%
5,651,400 ISK
20+ Years +8%
6,118,800 ISK

Construction Coordinator Salary by Education Level in Iceland

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Construction Coordinator in Iceland based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Construction Coordinator in Iceland with a high school education can earn an average salary of 2,460,900 ISK.

  • Certificate or Diploma. A Construction Coordinator in Iceland with a certificate or diploma education can earn an average salary of 3,850,500 ISK.

  • Bachelor's Degree. A Construction Coordinator in Iceland with a bachelor's degree education can earn an average salary of 6,469,100 ISK.

Average Salary by Education Chart

High School
2,460,900 ISK
Certificate or Diploma +57%
3,850,500 ISK
Bachelor's Degree +68%
6,469,100 ISK

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Iceland is around 3,440,000 to 10,300,000 ISK and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Construction Coordinator Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Iceland, a male construction coordinator will earn an average of 4,224,200 ISK, while a female construction coordinator will earn around 4,032,100 ISK.

This means that a male construction coordinator earns approximately 5% more than a female construction coordinator for performing the same job.

Average Salary by Gender Chart in Iceland

Male
4,224,200 ISK
Female -5%
4,032,100 ISK

Construction Coordinator Average Pay Raise in Iceland

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Construction Coordinator in Iceland is around 4% every 31 months.

The national average pay raise across all professions and industries in Iceland is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 4 ÷ 31 ) × 12  = 2%

What this means is that a Construction Coordinator in Iceland can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Iceland for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Iceland.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Construction Coordinator Bonus and Incentive Rates in Iceland

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Construction Coordinator is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Received Bonus
15%
No Bonus
85%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Iceland earn approximately 25% more than private sector employees in the same role.

Public Sector
9,154,500 ISK
Private Sector -25%
7,331,800 ISK

Salaries for Jobs Similar to a Construction Coordinator

In the table below, we have salary information for jobs that are similar to a Construction Coordinator in Iceland.

Job Title Category Salary
Adjudicator Construction / Building / Installation 3,094,100 ISK
Assembler Construction / Building / Installation 2,593,900 ISK
Boat Builder and Shipwright Construction / Building / Installation 3,635,200 ISK
Bricklayer Construction / Building / Installation 2,076,600 ISK
Building Administrator Construction / Building / Installation 3,118,900 ISK
Building Contracts Manager Construction / Building / Installation 10,824,400 ISK
Building Inspector Construction / Building / Installation 2,953,200 ISK
Building Monitor Construction / Building / Installation 2,423,000 ISK
Building Sales Manager Construction / Building / Installation 10,152,200 ISK
Cabinetmaker Construction / Building / Installation 2,593,900 ISK
Carpenter Construction / Building / Installation 2,878,300 ISK
Civil Engineer Construction / Building / Installation 7,129,200 ISK
Civil Technician Construction / Building / Installation 3,718,600 ISK
Concreter Construction / Building / Installation 2,242,500 ISK
Construction and Building Inspector Construction / Building / Installation 3,144,700 ISK
Construction and Maintenance Manager Construction / Building / Installation 5,963,300 ISK
Construction Assistant Construction / Building / Installation 2,868,600 ISK
Construction Estimator Construction / Building / Installation 4,585,100 ISK
Construction Field Engineer Construction / Building / Installation 6,251,400 ISK
Construction General Manager Construction / Building / Installation 14,158,800 ISK
Construction Inventory Officer Construction / Building / Installation 2,519,500 ISK
Construction Manager Construction / Building / Installation 13,199,100 ISK
Construction Operations Manager Construction / Building / Installation 12,239,700 ISK
Construction Project Controls Manager Construction / Building / Installation 10,116,200 ISK
Construction Project Coordinator Construction / Building / Installation 7,548,300 ISK
Construction Project Engineer Construction / Building / Installation 7,093,500 ISK
Construction Project Manager Construction / Building / Installation 12,361,500 ISK
Construction Project Manager Construction / Building / Installation 12,600,600 ISK
Construction Project Planner Construction / Building / Installation 6,780,300 ISK
Construction Quality Control Manager Construction / Building / Installation 9,586,500 ISK
Construction Safety Officer Construction / Building / Installation 4,810,800 ISK
Construction Superintendent Construction / Building / Installation 4,762,300 ISK
Construction Supervisor Construction / Building / Installation 6,850,500 ISK
Construction Technical Assistant Construction / Building / Installation 2,724,700 ISK
Construction Technical Officer Construction / Building / Installation 3,085,500 ISK
Construction Technical Writer Construction / Building / Installation 2,902,500 ISK
Construction Technician Construction / Building / Installation 2,605,500 ISK
Construction Worker Construction / Building / Installation 2,327,100 ISK
Crane and Tower Operator Construction / Building / Installation 2,566,100 ISK
Crane Operator Construction / Building / Installation 2,593,900 ISK
Diesel Mechanic Construction / Building / Installation 2,423,000 ISK
Draughtsman Construction / Building / Installation 2,173,000 ISK
Drywall Installer Construction / Building / Installation 2,748,900 ISK
Electrical Draftsman Construction / Building / Installation 2,471,700 ISK
Electrical Engineering Supervisor Construction / Building / Installation 7,980,700 ISK
Electrical Engineering Technician Construction / Building / Installation 3,288,400 ISK
Electrical Supervisor Construction / Building / Installation 5,038,200 ISK
Electrician Construction / Building / Installation 3,696,900 ISK
Elevator Installer and Repairer Construction / Building / Installation 3,335,900 ISK
Engineer Construction / Building / Installation 7,164,900 ISK
Excavator Operator Construction / Building / Installation 2,605,500 ISK
Field Inspector Construction / Building / Installation 4,380,400 ISK
Floor Finisher Construction / Building / Installation 2,724,700 ISK
Floor Manager Construction / Building / Installation 3,996,300 ISK
Foreman Construction / Building / Installation 2,038,500 ISK
Frame and Truss Detailer Construction / Building / Installation 2,352,500 ISK
Furniture Finisher Construction / Building / Installation 2,374,400 ISK
Gas Technician Construction / Building / Installation 2,230,100 ISK
Handyman Construction / Building / Installation 2,314,800 ISK
Health and Safety Coordinator Construction / Building / Installation 3,061,300 ISK
Health and Safety Officer Construction / Building / Installation 3,539,100 ISK
Installation Manager Construction / Building / Installation 8,267,800 ISK
Installer Construction / Building / Installation 2,290,300 ISK
Insulation Installer Construction / Building / Installation 2,519,500 ISK
Labourer Construction / Building / Installation 2,076,600 ISK
Land Surveyor Construction / Building / Installation 3,168,300 ISK
Lift Technician Construction / Building / Installation 2,519,500 ISK
Maintenance Foreman Construction / Building / Installation 2,242,500 ISK
Material Tester Construction / Building / Installation 3,601,500 ISK
Model Maker Construction / Building / Installation 3,635,200 ISK
Order Picker Construction / Building / Installation 2,136,200 ISK
Painter Construction / Building / Installation 2,314,800 ISK
Pipe Layer Construction / Building / Installation 1,980,600 ISK
Pipe Welder Construction / Building / Installation 2,003,200 ISK
Pipefitter Construction / Building / Installation 1,967,000 ISK
Plumber Construction / Building / Installation 2,593,900 ISK
Property Coordinator Construction / Building / Installation 6,228,100 ISK
Purchasing Manager Construction / Building / Installation 8,425,800 ISK
Quantity Estimator Construction / Building / Installation 4,537,100 ISK
Quantity Surveyor Construction / Building / Installation 4,488,100 ISK
Roof Slater and Tiler Construction / Building / Installation 2,124,400 ISK
Sheet Metal Mechanic Construction / Building / Installation 2,352,500 ISK
Sheet Metal Worker Construction / Building / Installation 2,221,600 ISK
Site Clerk Construction / Building / Installation 2,485,800 ISK
Site engineer Construction / Building / Installation 6,142,600 ISK
Site Leader Construction / Building / Installation 11,833,900 ISK
Stock Controller Construction / Building / Installation 3,553,500 ISK
Structural Steel Construction Worker Construction / Building / Installation 2,566,100 ISK
Technical Draughtsman Construction / Building / Installation 2,878,300 ISK
Tender Manager Construction / Building / Installation 10,440,100 ISK
Tendering Manager Construction / Building / Installation 11,135,000 ISK
Tower Crane Operator Construction / Building / Installation 2,374,400 ISK
Wall and Floor Tiler Construction / Building / Installation 2,230,100 ISK
Warehouse Manager Construction / Building / Installation 7,801,800 ISK
Welder Construction / Building / Installation 2,003,200 ISK
Welding Superintendent Construction / Building / Installation 2,914,600 ISK

Salary Comparison by City

If you want to compare salaries with different cities in Iceland, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Reykjavik 4,654,300 ISK

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