Benefits Coordinator salary in Iceland

Average Yearly Salary of Benefits Coordinator in Iceland is approximately 7,600,593 ISK (53,077 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 Benefits Coordinator do?

A benefits coordinator is responsible for managing employee benefits programs within an organization. They play a vital role in ensuring that employees have access to the benefits they are entitled to and that these benefits are administered effectively. Their main tasks include communicating benefit options to employees, assisting with enrollment processes, resolving benefit-related inquiries, and coordinating with insurance providers. Additionally, they may analyze benefit utilization data to identify trends and make recommendations for program improvements. A benefits coordinator must possess strong organizational and communication skills, as well as a good understanding of employee benefit regulations and policies. They work closely with HR departments and other stakeholders to ensure that benefits programs align with the needs and preferences of employees.

Skills: Benefits administration, Employee benefits, HR coordination, Benefits communication, Insurance coordination, Benefit program analysis
Job industry: Human resources

How much does Benefits Coordinator make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Benefits Coordinator a well paid job?

Yes, our data show that Benefits Coordinator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Benefits Coordinator?

High salary for Benefits Coordinator would be somewhere between 8,360,652 ISK and 11,020,860 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Benefits Coordinator 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: 7,600,593 ISK
Estimated Monthly Salary: 633,383 ISK
Estimated Weekly Salary: 146,165 ISK per week
Estimated Hourly Salary: 3,654 ISK per hour
By working as Benefits Coordinator a person can save up to 1,694 USD per month or 20,331 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 Benefits Coordinator

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 +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +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

Data as of 2025

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