Average Transmission Engineer Salary in Faroe Islands for 2024

In this article, we will look at the average Transmission Engineer 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 Transmission Engineer Make in Faroe Islands?

A Transmission Engineer working in Faroe Islands will typically earn around 259,100 DKK per year, and this can range from the lowest average salary of about 118,520 DKK to the highest average salary of 414,000 DKK.

Average Annual Salary
259,100 DKK
Average Monthly Salary
21,591 DKK

Lowest Annual Salary
118,520 DKK
Lowest Monthly Salary
9,876 DKK

Highest Annual Salary
414,000 DKK
Highest Monthly Salary
34,500 DKK

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

Transmission Engineer 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 Transmission Engineer Salaries in Faroe Islands

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

Salary ranges

We already know that a Transmission Engineer can earn between 118,520 DKK and 414,000 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 Transmission Engineer in Faroe Islands is 281,500 DKK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 281,500 DKK, and 50% of the population earn more than 281,500 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 Transmission Engineer salary in Faroe Islands, 25% of the population are earning less than 180,500 DKK while 75% of the population earn more than 180,500 DKK.

75% of the population earn less than 375,200 DKK, and 25% of the population earn more than 375,200 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.

Transmission Engineer 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 transmission engineer 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 Transmission Engineer in Faroe Islands that has less than two years of experience can expect to earn somewhere in the region of 136,200 DKK.
  • 2 - 5 Years Experience. With two to five years of experience the average Transmission Engineer salary would increase to 181,600 DKK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Transmission Engineer, the average salary would be 267,100 DKK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 325,900 DKK.
  • 15 - 20 Years Experience. A Transmission Engineer with 15 to 20 years of experience can earn an average of 354,000 DKK.
  • 20+ Years Experience. For a Transmission Engineer with more than 20 years, the expected average salary increases to 384,500 DKK.

Average Salary by Experience Chart

0-2 Years
136,200 DKK
2-5 Years +34%
181,600 DKK
5-10 Years +48%
267,100 DKK
10-15 Years +22%
325,900 DKK
15-20 Years +9%
354,000 DKK
20+ Years +8%
384,500 DKK

Transmission Engineer 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 Transmission Engineer 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 Transmission Engineer in Faroe Islands with a high school education can earn an average salary of 168,100 DKK.

  • Certificate or Diploma. A Transmission Engineer in Faroe Islands with a certificate or diploma education can earn an average salary of 196,800 DKK.

  • Bachelor's Degree. A Transmission Engineer in Faroe Islands with a bachelor's degree education can earn an average salary of 282,500 DKK.

  • Master's Degree. A Transmission Engineer in Faroe Islands with a master's degree education can earn an average salary of 371,100 DKK.

Average Salary by Education Chart

High School
168,100 DKK
Certificate or Diploma +18%
196,800 DKK
Bachelor's Degree +45%
282,500 DKK
Master's Degree +31%
371,100 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.

Transmission Engineer 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 transmission engineer will earn an average of 283,400 DKK, while a female transmission engineer will earn around 239,000 DKK.

This means that a male transmission engineer earns approximately 19% more than a female transmission engineer for performing the same job.

Average Salary by Gender Chart in Faroe Islands

Male
283,400 DKK
Female -19%
239,000 DKK

Transmission Engineer 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 Transmission Engineer 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 Transmission Engineer 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%

Transmission Engineer 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 Transmission Engineer is a low bonus based job, with 16% of employees reporting at least one bonus in the last 12 months.

84% 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
16%
No Bonus
84%

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 Transmission Engineer

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

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 267,100 DKK
3D Designer Media / Broadcasting / Arts / Entertainment 254,800 DKK
3D Generalist Media / Broadcasting / Arts / Entertainment 239,000 DKK
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 273,300 DKK
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 190,500 DKK
Actor Media / Broadcasting / Arts / Entertainment 376,800 DKK
Art Administrator Media / Broadcasting / Arts / Entertainment 283,400 DKK
Art Director Media / Broadcasting / Arts / Entertainment 362,200 DKK
Art Lead Media / Broadcasting / Arts / Entertainment 345,700 DKK
Associate Media Director Media / Broadcasting / Arts / Entertainment 301,300 DKK
Associate Producer Media / Broadcasting / Arts / Entertainment 399,900 DKK
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 254,800 DKK
Broadcast Associate Media / Broadcasting / Arts / Entertainment 207,800 DKK
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 283,400 DKK
Broadcast Technician Media / Broadcasting / Arts / Entertainment 181,600 DKK
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 353,600 DKK
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 382,600 DKK
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 192,000 DKK
Camera Operator Media / Broadcasting / Arts / Entertainment 180,500 DKK
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 275,200 DKK
CAS Engineer Media / Broadcasting / Arts / Entertainment 308,900 DKK
Censorship Executive Media / Broadcasting / Arts / Entertainment 327,300 DKK
Choreographer Media / Broadcasting / Arts / Entertainment 252,300 DKK
Colorist Media / Broadcasting / Arts / Entertainment 148,300 DKK
Communications Manager Media / Broadcasting / Arts / Entertainment 414,000 DKK
Correspondent Media / Broadcasting / Arts / Entertainment 308,300 DKK
Dance Director Media / Broadcasting / Arts / Entertainment 275,500 DKK
Dancer Media / Broadcasting / Arts / Entertainment 263,900 DKK
Director of Photography Media / Broadcasting / Arts / Entertainment 309,800 DKK
Disc Jockey Media / Broadcasting / Arts / Entertainment 185,100 DKK
Editorial Assistant Media / Broadcasting / Arts / Entertainment 164,200 DKK
Events Manager Media / Broadcasting / Arts / Entertainment 275,800 DKK
Graphic Designer Media / Broadcasting / Arts / Entertainment 189,300 DKK
Illustrator Media / Broadcasting / Arts / Entertainment 209,700 DKK
Industrial Designer Media / Broadcasting / Arts / Entertainment 180,300 DKK
Instructional Designer Media / Broadcasting / Arts / Entertainment 183,700 DKK
Journalist Media / Broadcasting / Arts / Entertainment 341,900 DKK
Makeup Artist Media / Broadcasting / Arts / Entertainment 197,600 DKK
Media Design Manager Media / Broadcasting / Arts / Entertainment 516,100 DKK
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 163,800 DKK
Media Operations Manager Media / Broadcasting / Arts / Entertainment 378,800 DKK
Media Planner Media / Broadcasting / Arts / Entertainment 277,400 DKK
Media Producer Media / Broadcasting / Arts / Entertainment 367,900 DKK
Media Product Development Manager Media / Broadcasting / Arts / Entertainment 483,800 DKK
Media Production Manager Media / Broadcasting / Arts / Entertainment 459,700 DKK
Media Program Director Media / Broadcasting / Arts / Entertainment 552,400 DKK
Media Relation Executive Media / Broadcasting / Arts / Entertainment 531,700 DKK
Media Relations Manager Media / Broadcasting / Arts / Entertainment 504,500 DKK
Media Sales Manager Media / Broadcasting / Arts / Entertainment 555,800 DKK
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 292,000 DKK
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 192,000 DKK
Multimedia Designer Media / Broadcasting / Arts / Entertainment 205,700 DKK
Music Consultant Media / Broadcasting / Arts / Entertainment 275,200 DKK
Musician Media / Broadcasting / Arts / Entertainment 216,800 DKK
News Associate Media / Broadcasting / Arts / Entertainment 271,300 DKK
News Reporter Media / Broadcasting / Arts / Entertainment 349,300 DKK
Post Production Assistant Media / Broadcasting / Arts / Entertainment 176,800 DKK
Producer Media / Broadcasting / Arts / Entertainment 476,600 DKK
Product Designer Media / Broadcasting / Arts / Entertainment 185,100 DKK
Product Planner Media / Broadcasting / Arts / Entertainment 263,200 DKK
Production Artist Media / Broadcasting / Arts / Entertainment 266,000 DKK
Production Assistant Media / Broadcasting / Arts / Entertainment 180,500 DKK
Production Director Media / Broadcasting / Arts / Entertainment 401,300 DKK
Production Technician Media / Broadcasting / Arts / Entertainment 159,500 DKK
Program Researcher Media / Broadcasting / Arts / Entertainment 317,700 DKK
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 243,000 DKK
Sound Engineer Media / Broadcasting / Arts / Entertainment 254,700 DKK
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 142,300 DKK
Stage Technician Media / Broadcasting / Arts / Entertainment 154,700 DKK
Sub Editor Media / Broadcasting / Arts / Entertainment 183,600 DKK
Television Executive Producer Media / Broadcasting / Arts / Entertainment 563,300 DKK
Video Editor Media / Broadcasting / Arts / Entertainment 225,300 DKK
Video Producer Media / Broadcasting / Arts / Entertainment 294,300 DKK
Videographer Media / Broadcasting / Arts / Entertainment 254,800 DKK
Visual Designer Media / Broadcasting / Arts / Entertainment 271,300 DKK

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 Transmission Engineer Salary in Faroe Islands for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-transmission-engineer-salary-in-faroe-islands/.

  • "Average Transmission Engineer Salary in Faroe Islands for 2024". World Salaries, https://worldsalaries.com/average-transmission-engineer-salary-in-faroe-islands/. Accessed 28 March, 2024

  • Average Transmission Engineer Salary in Faroe Islands for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-transmission-engineer-salary-in-faroe-islands/.