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Banking Proof Machine Operator salary in Iceland

Average Yearly Salary of Banking Proof Machine Operator in Iceland is approximately 6,031,246 ISK (42,408 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Banking Proof Machine Operator do?

occupation personasA banking proof machine operator is responsible for operating and maintaining proof machines used in financial institutions. These machines are used to process and verify checks, deposit slips, and other banking documents for accuracy. The operator feeds the documents into the machine, which scans and records information such as account numbers, amounts, and dates. They ensure that all transactions are processed correctly and that any errors or discrepancies are identified and resolved. Additionally, they may be required to make adjustments to customer accounts and update records accordingly. Accuracy and attention to detail are crucial in this role, as any mistakes can result in financial discrepancies and customer dissatisfaction.

Skills: Banking, Proof Machine, Operator, Financial Institutions, Accuracy, Attention to Detail
Job industry: Banking


How much does Banking Proof Machine Operator make?

Salary details
How much does Banking Proof Machine Operator make?
Estimated Yearly Salary: 6,031,246 ISK
Estimated Monthly Salary: 502,604 ISK
Estimated Weekly Salary: 115,986 ISK per week
Estimated Hourly Salary: 2,900 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 5,848,414 ISK
Estimated Monthly Salary: 487,368 ISK
Estimated Weekly Salary: 112,470 ISK per week
Estimated Hourly Salary: 2,812 ISK per hour
Last revision of data: 2024-01-06



Banking Proof Machine Operator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 42,408 USD
Estimated Monthly Salary: 3,534 USD
Estimated Weekly Salary: 816 USD per week
Estimated Hourly Salary: 20 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Banking Proof Machine Operator job salary compared to average salary in Iceland.
Comparison shows that a person working as Banking Proof Machine Operator in Iceland earns on average:
0.67 times the average salary (or 67% of average salary).

Is Banking Proof Machine Operator a well paid job?

No, our data shows that Banking Proof Machine Operator is typically not a well-paid job. The salary varies based on experience. Meaning that even though Banking Proof Machine Operator might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Banking Proof Machine Operator?

High salary for Banking Proof Machine Operator would be somewhere between 6,634,371 ISK and 8,745,307 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banking Proof Machine Operator in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 6,031,246 ISK
Estimated Monthly Salary: 502,604 ISK
Estimated Weekly Salary: 115,986 ISK per week
Estimated Hourly Salary: 2,900 ISK per hour
By working as Banking Proof Machine Operator a person can save up to 805 USD per month or 9,662 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Banking Proof Machine Operator

Norway is 59,363 USDup arrow 40%
Details on Banking Proof Machine Operator salary in Norway
United Kingdom is 27,776 USDdown arrow 35%
Details on Banking Proof Machine Operator salary in United Kingdom
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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The salary data on this site is designed for reference purposes only. We offer salary insights derived from multiple datasets, but do not guarantee absolute accuracy. Users should consistently cross-check salary details with other reliable sources before making financial decisions. Variations in salary amounts may occur due to various factors, including company policies, market demand, and individual skills. We do not extend any warranty regarding the entirety of the provided salary information. Use of this website implies acceptance of these conditions.
Salary data displayed on this site is informational only. Our figures are compiled various inputs, but we cannot guarantee their accuracy. Users must always verify salary details with additional platforms before making financial decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no assurances about the completeness of the provided salary data. By continuing to use this site, you agree these limitations.