Average Safety and Quality Specialist Salary in Faroe Islands for 2024

In this article, we will look at the average Safety and Quality Specialist 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 Safety and Quality Specialist Make in Faroe Islands?

A Safety and Quality Specialist working in Faroe Islands will typically earn around 317,700 DKK per year, and this can range from the lowest average salary of about 159,400 DKK to the highest average salary of 492,700 DKK.

Average Annual Salary
317,700 DKK
Average Monthly Salary
26,475 DKK

Lowest Annual Salary
159,400 DKK
Lowest Monthly Salary
13,283 DKK

Highest Annual Salary
492,700 DKK
Highest Monthly Salary
41,058 DKK

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

Safety and Quality Specialist 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 Safety and Quality Specialist Salaries in Faroe Islands

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

Salary ranges

We already know that a Safety and Quality Specialist can earn between 159,400 DKK and 492,700 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 Safety and Quality Specialist in Faroe Islands is 317,700 DKK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 317,700 DKK, and 50% of the population earn more than 317,700 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 Safety and Quality Specialist salary in Faroe Islands, 25% of the population are earning less than 214,000 DKK while 75% of the population earn more than 214,000 DKK.

75% of the population earn less than 407,100 DKK, and 25% of the population earn more than 407,100 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.

Safety and Quality Specialist 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 safety and quality specialist 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 Safety and Quality Specialist in Faroe Islands that has less than two years of experience can expect to earn somewhere in the region of 192,000 DKK.
  • 2 - 5 Years Experience. With two to five years of experience the average Safety and Quality Specialist salary would increase to 252,300 DKK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Safety and Quality Specialist, the average salary would be 340,000 DKK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 403,100 DKK.
  • 15 - 20 Years Experience. A Safety and Quality Specialist with 15 to 20 years of experience can earn an average of 433,800 DKK.
  • 20+ Years Experience. For a Safety and Quality Specialist with more than 20 years, the expected average salary increases to 466,900 DKK.

Average Salary by Experience Chart

0-2 Years
192,000 DKK
2-5 Years +32%
252,300 DKK
5-10 Years +34%
340,000 DKK
10-15 Years +19%
403,100 DKK
15-20 Years +8%
433,800 DKK
20+ Years +7%
466,900 DKK

Safety and Quality Specialist 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 Safety and Quality Specialist 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.

  • Certificate or Diploma. A Safety and Quality Specialist in Faroe Islands with a certificate or diploma education can earn an average salary of 252,300 DKK.

  • Bachelor's Degree. A Safety and Quality Specialist in Faroe Islands with a bachelor's degree education can earn an average salary of 345,700 DKK.

  • Master's Degree. A Safety and Quality Specialist in Faroe Islands with a master's degree education can earn an average salary of 448,500 DKK.

Average Salary by Education Chart

Certificate or Diploma
252,300 DKK
Bachelor's Degree +37%
345,700 DKK
Master's Degree +29%
448,500 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.

Safety and Quality Specialist 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 safety and quality specialist will earn an average of 327,800 DKK, while a female safety and quality specialist will earn around 308,900 DKK.

This means that a male safety and quality specialist earns approximately 6% more than a female safety and quality specialist for performing the same job.

Average Salary by Gender Chart in Faroe Islands

Male
327,800 DKK
Female -6%
308,900 DKK

Safety and Quality Specialist 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 Safety and Quality Specialist in Faroe Islands is around 7% every 29 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 = ( 7 ÷ 29 ) × 12  = 3%

What this means is that a Safety and Quality Specialist in Faroe Islands can expect to receive an average pay raise of around 3% 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%

Safety and Quality Specialist 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 Safety and Quality Specialist is a low bonus based job, with 37% of employees reporting at least one bonus in the last 12 months.

63% 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 3% to 6%.

Received Bonus
37%
No Bonus
63%

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 Safety and Quality Specialist

In the table below, we have salary information for jobs that are similar to a Safety and Quality Specialist in Faroe Islands.

Job Title Category Salary
Aeronautical Engineer Airlines / Aviation / Aerospace / Defense 339,100 DKK
Aerospace Engineer Airlines / Aviation / Aerospace / Defense 378,800 DKK
Aerospace Technician Airlines / Aviation / Aerospace / Defense 294,700 DKK
Air Crew Member Airlines / Aviation / Aerospace / Defense 197,600 DKK
Air Crew Officer Airlines / Aviation / Aerospace / Defense 207,700 DKK
Air Traffic Assistant Airlines / Aviation / Aerospace / Defense 187,300 DKK
Air Traffic Controller Airlines / Aviation / Aerospace / Defense 348,300 DKK
Aircraft Assembler Airlines / Aviation / Aerospace / Defense 161,600 DKK
Aircraft Body Repairer Airlines / Aviation / Aerospace / Defense 138,800 DKK
Aircraft Captain Airlines / Aviation / Aerospace / Defense 535,800 DKK
Aircraft Electrician Airlines / Aviation / Aerospace / Defense 172,200 DKK
Aircraft Electronics Techician Airlines / Aviation / Aerospace / Defense 174,000 DKK
Aircraft Engineer Airlines / Aviation / Aerospace / Defense 325,900 DKK
Aircraft Fueler Airlines / Aviation / Aerospace / Defense 138,800 DKK
Aircraft Maintenance Engineer Airlines / Aviation / Aerospace / Defense 294,700 DKK
Aircraft Maintenance Manager Airlines / Aviation / Aerospace / Defense 524,400 DKK
Aircraft Maintenance Supervisor Airlines / Aviation / Aerospace / Defense 332,100 DKK
Aircraft Maintenance Technician Airlines / Aviation / Aerospace / Defense 142,300 DKK
Aircraft Mechanic Airlines / Aviation / Aerospace / Defense 159,400 DKK
Aircraft Pilot Airlines / Aviation / Aerospace / Defense 513,300 DKK
Aircraft Pneudraulics Repairer Airlines / Aviation / Aerospace / Defense 161,600 DKK
Aircraft Quality Assurance Airlines / Aviation / Aerospace / Defense 426,700 DKK
Aircraft Rigging Assembler Airlines / Aviation / Aerospace / Defense 152,300 DKK
Aircraft Service Technician Airlines / Aviation / Aerospace / Defense 154,700 DKK
Airfield Management Specialist Airlines / Aviation / Aerospace / Defense 485,200 DKK
Airfield Operations Specialist Airlines / Aviation / Aerospace / Defense 354,000 DKK
Airline Cabin Crew Airlines / Aviation / Aerospace / Defense 301,300 DKK
Airline Copilot Airlines / Aviation / Aerospace / Defense 367,200 DKK
Airline Pilot Airlines / Aviation / Aerospace / Defense 548,500 DKK
Airlines Sales Director Airlines / Aviation / Aerospace / Defense 639,100 DKK
Airlines Sales Manager Airlines / Aviation / Aerospace / Defense 602,700 DKK
Airlines Structural Assembler Airlines / Aviation / Aerospace / Defense 143,200 DKK
Airport Services Agent Airlines / Aviation / Aerospace / Defense 207,700 DKK
Airport Services Manager Airlines / Aviation / Aerospace / Defense 656,800 DKK
Airport Services Supervisor Airlines / Aviation / Aerospace / Defense 389,200 DKK
Assistant Aircraft Mechanic Airlines / Aviation / Aerospace / Defense 148,300 DKK
Aviation Analyst Airlines / Aviation / Aerospace / Defense 431,100 DKK
Aviation Inspector Airlines / Aviation / Aerospace / Defense 363,000 DKK
Aviation Manager Airlines / Aviation / Aerospace / Defense 650,800 DKK
Aviation Operations Controller Airlines / Aviation / Aerospace / Defense 353,600 DKK
Aviation Resources Manager Airlines / Aviation / Aerospace / Defense 543,200 DKK
Aviation Safety Assistant Airlines / Aviation / Aerospace / Defense 194,600 DKK
Aviation Safety Manager Airlines / Aviation / Aerospace / Defense 605,700 DKK
Aviation Safety Officer Airlines / Aviation / Aerospace / Defense 313,700 DKK
Aviation Technician Airlines / Aviation / Aerospace / Defense 142,300 DKK
Cargo and Freight Agent Airlines / Aviation / Aerospace / Defense 146,200 DKK
Cargo Executive Airlines / Aviation / Aerospace / Defense 294,700 DKK
Chief Pilot Airlines / Aviation / Aerospace / Defense 562,600 DKK
First Officer Airlines / Aviation / Aerospace / Defense 240,500 DKK
Fleet Controller Airlines / Aviation / Aerospace / Defense 514,800 DKK
Fleet Management Officer Airlines / Aviation / Aerospace / Defense 225,700 DKK
Flight Attendant Airlines / Aviation / Aerospace / Defense 209,700 DKK
Flight Planner Airlines / Aviation / Aerospace / Defense 279,400 DKK
Flight Scheduler Airlines / Aviation / Aerospace / Defense 275,200 DKK
Flight Simulation Engineer Airlines / Aviation / Aerospace / Defense 301,800 DKK
Freight and Cargo Inspector Airlines / Aviation / Aerospace / Defense 221,500 DKK
Helicopter Pilot Airlines / Aviation / Aerospace / Defense 357,300 DKK
Loading Bridge Operator Airlines / Aviation / Aerospace / Defense 136,200 DKK
Pilot Airlines / Aviation / Aerospace / Defense 553,400 DKK
Ramp Agent Airlines / Aviation / Aerospace / Defense 137,400 DKK
Reservations Sales Agent Airlines / Aviation / Aerospace / Defense 187,500 DKK
Test Pilot Airlines / Aviation / Aerospace / Defense 378,300 DKK

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