Average Production Laborer Salary in Faroe Islands for 2024

In this article, we will look at the average Production Laborer salary for 2024 in Faroe Islands 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 Danish krone. To keep things simple, we are using the DKK currency code instead of the currency symbol kr.

How Much Does a Production Laborer Make in Faroe Islands?

A Production Laborer working in Faroe Islands will typically earn around 80,060 DKK per year, and this can range from the lowest average salary of about 40,600 DKK to the highest average salary of 125,100 DKK.

Average Annual Salary
80,060 DKK
Average Monthly Salary
6,671 DKK

Lowest Annual Salary
40,600 DKK
Lowest Monthly Salary
3,383 DKK

Highest Annual Salary
125,100 DKK
Highest Monthly Salary
10,425 DKK

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

Production Laborer 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 Production Laborer Salaries in Faroe Islands

So we've looked at the average salaries a Production Laborer will earn in Faroe Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Production Laborer can earn between 40,600 DKK and 125,100 DKK on average in Faroe Islands. 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 Production Laborer in Faroe Islands is 79,120 DKK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 79,120 DKK, and 50% of the population earn more than 79,120 DKK.

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 Production Laborer salary in Faroe Islands, 25% of the population are earning less than 54,460 DKK while 75% of the population earn more than 54,460 DKK.

75% of the population earn less than 96,680 DKK, and 25% of the population earn more than 96,680 DKK.

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.

Production Laborer Salary by Experience Level in Faroe Islands

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 production laborer 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 Production Laborer in Faroe Islands that has less than two years of experience can expect to earn somewhere in the region of 48,160 DKK.
  • 2 - 5 Years Experience. With two to five years of experience the average Production Laborer salary would increase to 64,560 DKK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Production Laborer, the average salary would be 83,760 DKK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 100,280 DKK.
  • 15 - 20 Years Experience. A Production Laborer with 15 to 20 years of experience can earn an average of 108,340 DKK.
  • 20+ Years Experience. For a Production Laborer with more than 20 years, the expected average salary increases to 114,000 DKK.

Average Salary by Experience Chart

0-2 Years
48,160 DKK
2-5 Years +34%
64,560 DKK
5-10 Years +30%
83,760 DKK
10-15 Years +21%
100,280 DKK
15-20 Years +9%
108,340 DKK
20+ Years +5%
114,000 DKK

Production Laborer Salary by Education Level in Faroe Islands

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 Production Laborer in Faroe Islands 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 Production Laborer in Faroe Islands with a high school education can earn an average salary of 61,180 DKK.

  • Certificate or Diploma. A Production Laborer in Faroe Islands with a certificate or diploma education can earn an average salary of 100,280 DKK.

Average Salary by Education Chart

High School
61,180 DKK
Certificate or Diploma +68%
100,280 DKK

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 Faroe Islands is around 134,000 to 401,000 DKK 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.

Production Laborer 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 Faroe Islands, a male production laborer will earn an average of 85,440 DKK, while a female production laborer will earn around 76,280 DKK.

This means that a male production laborer earns approximately 12% more than a female production laborer for performing the same job.

Average Salary by Gender Chart in Faroe Islands

Male
85,440 DKK
Female -12%
76,280 DKK

Production Laborer Average Pay Raise in Faroe Islands

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 Production Laborer in Faroe Islands is around 4% every 30 months.

The national average pay raise across all professions and industries in Faroe Islands 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 ÷ 30 ) × 12  = 2%

What this means is that a Production Laborer in Faroe Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Faroe Islands for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Production Laborer Bonus and Incentive Rates in Faroe Islands

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 Production Laborer is a low bonus based job, with 9% of employees reporting at least one bonus in the last 12 months.

91% 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 1% to 3%.

Received Bonus
9%
No Bonus
91%

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 Faroe Islands earn approximately 19% more than private sector employees in the same role.

Public Sector
352,000 DKK
Private Sector -19%
297,000 DKK

Salaries for Jobs Similar to a Production Laborer

In the table below, we have salary information for jobs that are similar to a Production Laborer in Faroe Islands.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 83,140 DKK
Assembly Line Worker Factory and Manufacturing 80,760 DKK
Assembly Supervisor Factory and Manufacturing 136,100 DKK
Assistance Maintenance Manager Factory and Manufacturing 320,500 DKK
Assistant Shipping Manager Factory and Manufacturing 283,400 DKK
Chemical Equipment Controller Factory and Manufacturing 209,700 DKK
Chemical Technican Apprentice Factory and Manufacturing 168,100 DKK
CNC Machinist Factory and Manufacturing 196,800 DKK
CNC Operator Factory and Manufacturing 181,600 DKK
CNC Programmer Factory and Manufacturing 209,500 DKK
Colour Technologist Factory and Manufacturing 105,980 DKK
Contracts Manager Factory and Manufacturing 384,200 DKK
Data Collection Coordinator Factory and Manufacturing 139,100 DKK
Demand Planner Factory and Manufacturing 129,000 DKK
Derrick Operator Factory and Manufacturing 87,020 DKK
Director of Manufacturing Factory and Manufacturing 502,200 DKK
Dock Worker Factory and Manufacturing 80,920 DKK
Drying Technician Factory and Manufacturing 88,580 DKK
Equipment Operator Factory and Manufacturing 79,600 DKK
Export Sales Coordinator Factory and Manufacturing 263,100 DKK
Factory Superintendent Factory and Manufacturing 142,300 DKK
Factory Worker Factory and Manufacturing 90,900 DKK
Failure Analysis Technician Factory and Manufacturing 138,800 DKK
Fiberglass Laminator Factory and Manufacturing 94,400 DKK
Food Technologist Factory and Manufacturing 152,300 DKK
Forklift Driver Factory and Manufacturing 86,800 DKK
Forklift Operator Factory and Manufacturing 85,700 DKK
Forming Machine Operator Factory and Manufacturing 96,960 DKK
Furnace Operator Factory and Manufacturing 88,300 DKK
Gas Appliance Repairer Factory and Manufacturing 92,500 DKK
General Warehouse Associate Factory and Manufacturing 154,700 DKK
Heavy Equipment Operator Factory and Manufacturing 115,520 DKK
HSE Manager Factory and Manufacturing 361,600 DKK
Industrial Engineer Factory and Manufacturing 283,700 DKK
Industrial Machinery Mechanic Factory and Manufacturing 180,300 DKK
Industrial Production Manager Factory and Manufacturing 492,700 DKK
Industrial Safety and Health Engineer Factory and Manufacturing 290,800 DKK
Intake Operator Factory and Manufacturing 112,620 DKK
Key Account Manager Factory and Manufacturing 401,300 DKK
Lift Truck Operator Factory and Manufacturing 88,580 DKK
Loading Supervisor Factory and Manufacturing 152,100 DKK
Logistic Coordinator Factory and Manufacturing 217,900 DKK
Logistics Clerk Factory and Manufacturing 108,300 DKK
Machine Operator Factory and Manufacturing 89,800 DKK
Machinist Factory and Manufacturing 88,020 DKK
Maintenance Manager Factory and Manufacturing 351,900 DKK
Maintenance Store Clerk Factory and Manufacturing 98,000 DKK
Manufacturing Engineer Factory and Manufacturing 268,900 DKK
Manufacturing Engineering Manager Factory and Manufacturing 430,000 DKK
Manufacturing Engineering Technologist Factory and Manufacturing 309,800 DKK
Manufacturing Manager Factory and Manufacturing 501,400 DKK
Manufacturing Operative Factory and Manufacturing 142,300 DKK
Manufacturing Production Technician Factory and Manufacturing 119,500 DKK
Manufacturing Supervisor Factory and Manufacturing 246,200 DKK
Manufacturing Technician Factory and Manufacturing 101,860 DKK
Materials Manager Factory and Manufacturing 383,300 DKK
Materials Supervisor Factory and Manufacturing 253,400 DKK
Mechanical Fitter Engineer Factory and Manufacturing 281,500 DKK
Mechanical Foreman Factory and Manufacturing 81,960 DKK
Merchandise Planner Factory and Manufacturing 142,300 DKK
Metrology Engineer Factory and Manufacturing 273,300 DKK
Operations Engineer Factory and Manufacturing 254,800 DKK
Operations Manager Factory and Manufacturing 454,900 DKK
Order Management Coordinator Factory and Manufacturing 231,000 DKK
Order Processing Manager Factory and Manufacturing 371,100 DKK
Order Selector Factory and Manufacturing 111,000 DKK
Package Handler Factory and Manufacturing 83,420 DKK
Packaging Manager Factory and Manufacturing 275,800 DKK
Packer Factory and Manufacturing 86,460 DKK
Packing Deputy Supervisor Factory and Manufacturing 233,900 DKK
Planning Manager Factory and Manufacturing 404,600 DKK
Plant Manager Factory and Manufacturing 444,300 DKK
Precision Instrument Repairer Factory and Manufacturing 136,200 DKK
Process Technician Factory and Manufacturing 112,000 DKK
Product Manager Factory and Manufacturing 472,000 DKK
Production Analyst Factory and Manufacturing 394,500 DKK
Production Director Factory and Manufacturing 538,600 DKK
Production Engineer Factory and Manufacturing 282,300 DKK
Production Engineering Supervisor Factory and Manufacturing 403,100 DKK
Production Inspector Factory and Manufacturing 318,800 DKK
Production Manager Factory and Manufacturing 528,600 DKK
Production Operator Factory and Manufacturing 123,400 DKK
Production Scheduler Factory and Manufacturing 225,700 DKK
Production Supervisor Factory and Manufacturing 294,700 DKK
Production Technician Factory and Manufacturing 125,100 DKK
Production Worker Factory and Manufacturing 112,000 DKK
Quality Control Analyst Factory and Manufacturing 363,000 DKK
Quality Control Inspector Factory and Manufacturing 308,900 DKK
Quality Control Manager Factory and Manufacturing 394,300 DKK
Service Technician Factory and Manufacturing 115,080 DKK
SHEQ Officer Factory and Manufacturing 137,400 DKK
Shipping Manager Factory and Manufacturing 433,400 DKK
Small Engine Mechanic Factory and Manufacturing 152,100 DKK
Spray Painter Factory and Manufacturing 90,660 DKK
Sterile Processing Technician Factory and Manufacturing 97,880 DKK
Structural Welder Factory and Manufacturing 80,580 DKK
Supply Chain Operative Factory and Manufacturing 240,500 DKK
Technical Operator Factory and Manufacturing 112,440 DKK
Technology Development Manager Factory and Manufacturing 467,100 DKK
Testing Technician Factory and Manufacturing 205,700 DKK
Toolmaker Factory and Manufacturing 136,100 DKK
Warehouse Forklift Operator Factory and Manufacturing 94,900 DKK
Warehouse Operative Factory and Manufacturing 89,960 DKK
Warehouse Worker Factory and Manufacturing 99,080 DKK
Warranty Handler Factory and Manufacturing 172,200 DKK
Welder Factory and Manufacturing 89,280 DKK
Workshop Manager Factory and Manufacturing 308,900 DKK

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