Average Forestry and Logging Worker Salary in Iceland for 2024

In this article, we will look at the average Forestry and Logging Worker 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 Forestry and Logging Worker Make in Iceland?

A Forestry and Logging Worker working in Iceland will typically earn around 2,100,900 ISK per year, and this can range from the lowest average salary of about 965,800 ISK to the highest average salary of 3,335,900 ISK.

Average Annual Salary
2,100,900 ISK
Average Monthly Salary
175,075 ISK

Lowest Annual Salary
965,800 ISK
Lowest Monthly Salary
80,483 ISK

Highest Annual Salary
3,335,900 ISK
Highest Monthly Salary
277,991 ISK

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

Forestry and Logging Worker 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 Forestry and Logging Worker Salaries in Iceland

So we've looked at the average salaries a Forestry and Logging Worker will earn in Iceland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Forestry and Logging Worker can earn between 965,800 ISK and 3,335,900 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 Forestry and Logging Worker in Iceland is 2,266,400 ISK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,266,400 ISK, and 50% of the population earn more than 2,266,400 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 Forestry and Logging Worker salary in Iceland, 25% of the population are earning less than 1,450,700 ISK while 75% of the population earn more than 1,450,700 ISK.

75% of the population earn less than 3,023,200 ISK, and 25% of the population earn more than 3,023,200 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.

Forestry and Logging Worker 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 forestry and logging worker 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 Forestry and Logging Worker in Iceland that has less than two years of experience can expect to earn somewhere in the region of 1,095,900 ISK.
  • 2 - 5 Years Experience. With two to five years of experience the average Forestry and Logging Worker salary would increase to 1,464,200 ISK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Forestry and Logging Worker, the average salary would be 2,161,200 ISK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,641,300 ISK.
  • 15 - 20 Years Experience. A Forestry and Logging Worker with 15 to 20 years of experience can earn an average of 2,878,300 ISK.
  • 20+ Years Experience. For a Forestry and Logging Worker with more than 20 years, the expected average salary increases to 3,108,200 ISK.

Average Salary by Experience Chart

0-2 Years
1,095,900 ISK
2-5 Years +34%
1,464,200 ISK
5-10 Years +48%
2,161,200 ISK
10-15 Years +22%
2,641,300 ISK
15-20 Years +9%
2,878,300 ISK
20+ Years +8%
3,108,200 ISK

Forestry and Logging Worker 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 Forestry and Logging Worker 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 Forestry and Logging Worker in Iceland with a high school education can earn an average salary of 1,273,300 ISK.

  • Certificate or Diploma. A Forestry and Logging Worker in Iceland with a certificate or diploma education can earn an average salary of 2,460,900 ISK.

Average Salary by Education Chart

High School
1,273,300 ISK
Certificate or Diploma +93%
2,460,900 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.

Forestry and Logging Worker 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 forestry and logging worker will earn an average of 2,146,100 ISK, while a female forestry and logging worker will earn around 2,052,200 ISK.

This means that a male forestry and logging worker earns approximately 5% more than a female forestry and logging worker for performing the same job.

Average Salary by Gender Chart in Iceland

Male
2,146,100 ISK
Female -5%
2,052,200 ISK

Forestry and Logging Worker 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 Forestry and Logging Worker in Iceland is around 3% 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 = ( 3 ÷ 31 ) × 12  = 1%

What this means is that a Forestry and Logging Worker in Iceland can expect to receive an average pay raise of around 1% 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%

Forestry and Logging Worker 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 Forestry and Logging Worker 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 Forestry and Logging Worker

In the table below, we have salary information for jobs that are similar to a Forestry and Logging Worker in Iceland.

Job Title Category Salary
Agricultural and Food Science Technician Gardening / Farming / Fishing 4,799,700 ISK
Agricultural and Food Scientist Gardening / Farming / Fishing 11,123,200 ISK
Agricultural Consultant Gardening / Farming / Fishing 11,076,200 ISK
Agricultural Engineer Gardening / Farming / Fishing 7,020,500 ISK
Agricultural Inspector Gardening / Farming / Fishing 6,660,500 ISK
Agricultural Manager Gardening / Farming / Fishing 11,653,500 ISK
Agronomist Gardening / Farming / Fishing 9,586,500 ISK
Animal Attendant Gardening / Farming / Fishing 3,622,400 ISK
Animal Nutritionist Gardening / Farming / Fishing 6,132,900 ISK
Animal Trainer Gardening / Farming / Fishing 4,224,200 ISK
Aquaculture and Seafood Farmer Gardening / Farming / Fishing 4,093,700 ISK
Bee Keeper Gardening / Farming / Fishing 2,254,400 ISK
Commercial Horticulturist Gardening / Farming / Fishing 5,053,200 ISK
Diver Gardening / Farming / Fishing 3,733,300 ISK
Farm Manager Gardening / Farming / Fishing 8,926,700 ISK
Farmer Gardening / Farming / Fishing 2,519,500 ISK
Floral Designer Gardening / Farming / Fishing 2,998,500 ISK
Foreman Gardening / Farming / Fishing 1,930,500 ISK
Garden Center Helper Gardening / Farming / Fishing 2,161,200 ISK
Garden Centre Manager Gardening / Farming / Fishing 5,363,700 ISK
Gardener Gardening / Farming / Fishing 2,281,800 ISK
General Farm Assistant Gardening / Farming / Fishing 2,254,400 ISK
Greenhouse Assistant Gardening / Farming / Fishing 2,207,600 ISK
Greenhouse Manager Gardening / Farming / Fishing 5,639,700 ISK
Groundsman Gardening / Farming / Fishing 2,146,100 ISK
Grower Gardening / Farming / Fishing 2,423,000 ISK
Horticultural Worker Gardening / Farming / Fishing 2,290,300 ISK
Tree Pruner Gardening / Farming / Fishing 2,146,100 ISK
Tree Specialist Gardening / Farming / Fishing 3,577,600 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 2,423,000 ISK

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Forestry and Logging Worker Salary in Iceland for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-forestry-and-logging-worker-salary-in-iceland/.

  • "Average Forestry and Logging Worker Salary in Iceland for 2024". World Salaries, https://worldsalaries.com/average-forestry-and-logging-worker-salary-in-iceland/. Accessed 28 March, 2024

  • Average Forestry and Logging Worker Salary in Iceland for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-forestry-and-logging-worker-salary-in-iceland/.