Average Store Planner Salary in Greenland for 2024

In this article, we will look at the average Store Planner salary for 2024 in Greenland 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 krone. To keep things simple, we are using the DKK currency code instead of the currency symbol kr..

How Much Does a Store Planner Make in Greenland?

A Store Planner working in Greenland will typically earn around 195,200 DKK per year, and this can range from the lowest average salary of about 97,300 DKK to the highest average salary of 305,600 DKK.

Average Annual Salary
195,200 DKK
Average Monthly Salary
16,266 DKK

Lowest Annual Salary
97,300 DKK
Lowest Monthly Salary
8,108 DKK

Highest Annual Salary
305,600 DKK
Highest Monthly Salary
25,466 DKK

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

Store Planner 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 Store Planner Salaries in Greenland

So we've looked at the average salaries a Store Planner will earn in Greenland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Store Planner can earn between 97,300 DKK and 305,600 DKK on average in Greenland. 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 Store Planner in Greenland is 195,200 DKK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 195,200 DKK, and 50% of the population earn more than 195,200 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 Store Planner salary in Greenland, 25% of the population are earning less than 134,600 DKK while 75% of the population earn more than 134,600 DKK.

75% of the population earn less than 249,600 DKK, and 25% of the population earn more than 249,600 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.

Store Planner Salary by Experience Level in Greenland

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 store planner 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 Store Planner in Greenland that has less than two years of experience can expect to earn somewhere in the region of 118,380 DKK.
  • 2 - 5 Years Experience. With two to five years of experience the average Store Planner salary would increase to 157,600 DKK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Store Planner, the average salary would be 208,600 DKK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 251,500 DKK.
  • 15 - 20 Years Experience. A Store Planner with 15 to 20 years of experience can earn an average of 268,900 DKK.
  • 20+ Years Experience. For a Store Planner with more than 20 years, the expected average salary increases to 286,400 DKK.

Average Salary by Experience Chart

0-2 Years
118,380 DKK
2-5 Years +32%
157,600 DKK
5-10 Years +34%
208,600 DKK
10-15 Years +19%
251,500 DKK
15-20 Years +8%
268,900 DKK
20+ Years +7%
286,400 DKK

Store Planner Salary by Education Level in Greenland

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 Store Planner in Greenland 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 Store Planner in Greenland with a high school education can earn an average salary of 148,300 DKK.

  • Certificate or Diploma. A Store Planner in Greenland with a certificate or diploma education can earn an average salary of 169,000 DKK.

  • Bachelor's Degree. A Store Planner in Greenland with a bachelor's degree education can earn an average salary of 228,000 DKK.

  • Master's Degree. A Store Planner in Greenland with a master's degree education can earn an average salary of 286,400 DKK.

Average Salary by Education Chart

High School
148,300 DKK
Certificate or Diploma +14%
169,000 DKK
Bachelor's Degree +36%
228,000 DKK
Master's Degree +26%
286,400 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 Greenland is around 141,000 to 424,000 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.

Store Planner 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 Greenland, a male store planner will earn an average of 204,700 DKK, while a female store planner will earn around 190,500 DKK.

This means that a male store planner earns approximately 7% more than a female store planner for performing the same job.

Average Salary by Gender Chart in Greenland

Male
204,700 DKK
Female -7%
190,500 DKK

Store Planner Average Pay Raise in Greenland

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 Store Planner in Greenland is around 8% every 27 months.

The national average pay raise across all professions and industries in Greenland 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 = ( 8 ÷ 27 ) × 12  = 4%

What this means is that a Store Planner in Greenland can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Greenland for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Store Planner Bonus and Incentive Rates in Greenland

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 Store Planner is a low bonus based job, with 11% of employees reporting at least one bonus in the last 12 months.

89% 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 3%.

Received Bonus
11%
No Bonus
89%

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 Greenland earn approximately 20% more than private sector employees in the same role.

Public Sector
372,600 DKK
Private Sector -20%
309,800 DKK

Salaries for Jobs Similar to a Store Planner

In the table below, we have salary information for jobs that are similar to a Store Planner in Greenland.

Job Title Category Salary
Assistant Business Development Manager Business Planning 450,300 DKK
Assistant Merchandise Planner Business Planning 249,600 DKK
Business Advisor Business Planning 409,000 DKK
Business Analyst Business Planning 398,300 DKK
Business Consultant Business Planning 383,300 DKK
Business Continuity Associate Business Planning 252,300 DKK
Business Developer Business Planning 246,500 DKK
Business Development Analyst Business Planning 301,600 DKK
Business Development Associate Business Planning 216,800 DKK
Business Development Coordinator Business Planning 215,100 DKK
Business Development Director Business Planning 581,300 DKK
Business Development Engineer Business Planning 318,800 DKK
Business Development Executive Business Planning 411,400 DKK
Business Development Manager Business Planning 518,900 DKK
Business Development Specialist Business Planning 375,200 DKK
Business Manager Business Planning 480,300 DKK
Business Operations Specialist Business Planning 386,400 DKK
Business Process Writer Business Planning 227,600 DKK
Business Systems Analyst Business Planning 417,200 DKK
Capacity Planner Business Planning 294,300 DKK
Capacity Planning Supervisor Business Planning 386,400 DKK
Change Communications Analyst Business Planning 376,800 DKK
Change Control Analyst Business Planning 378,300 DKK
Change Impact Analyst Business Planning 376,800 DKK
Contracts Executive Business Planning 371,100 DKK
Corporate Strategy Analyst Business Planning 413,900 DKK
Cost Control Engineer Business Planning 261,300 DKK
Cost Controller Business Planning 288,700 DKK
Cost Estimator Business Planning 258,400 DKK
Data Executive Business Planning 208,600 DKK
Data Manager Business Planning 301,300 DKK
Data Processing Manager Business Planning 375,200 DKK
Development Researcher Business Planning 290,800 DKK
Director of Business Development Business Planning 552,400 DKK
Director of Production Planning Business Planning 472,000 DKK
Due Diligence Analyst Business Planning 413,900 DKK
Estimating Manager Business Planning 437,900 DKK
General Manager Business Planning 483,400 DKK
Incident Handler Business Planning 271,300 DKK
Incident Specialist Business Planning 325,600 DKK
Lean Consultant Business Planning 286,400 DKK
Manager Business Planning 510,000 DKK
Marketing and Business Development Manager Business Planning 487,600 DKK
Materials Planner Business Planning 172,200 DKK
Merchandise Assistant Business Planning 174,000 DKK
Merchandise Controller Business Planning 172,400 DKK
Merchandise Planner Business Planning 172,200 DKK
Operations Analyst Business Planning 366,200 DKK
Operations Manager Business Planning 433,800 DKK
Operations Research Analyst Business Planning 245,300 DKK
Planning and Reporting Manager Business Planning 428,400 DKK
Planning Director Business Planning 504,300 DKK
Project Administrator Business Planning 254,800 DKK
Project Manager Business Planning 394,800 DKK
Project Planner Business Planning 263,100 DKK
Research Assistant Business Planning 221,500 DKK
Research Engineer Business Planning 239,300 DKK
Research Officer Business Planning 204,700 DKK
Risk Management Specialist Business Planning 384,500 DKK
Scholarship Coordinator Business Planning 196,800 DKK
Strategy Director Business Planning 551,200 DKK
Top Research and Development Executive Business Planning 582,700 DKK

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