Engine Lathe Operator salary in Iceland

Average Yearly Salary of Engine Lathe Operator in Iceland is approximately 7,587,244 ISK (52,995 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 Engine Lathe Operator do?

An engine lathe operator is responsible for operating and maintaining an engine lathe, a machine used for shaping and cutting metal. They read blueprints, set up the lathe, and adjust the controls to ensure precise measurements and cuts. The operator selects and installs the appropriate cutting tools, adjusts the speed and feed of the lathe, and monitors the process to ensure accuracy and quality. They may also be required to perform routine maintenance and repairs on the lathe, such as cleaning and lubricating parts or replacing worn-out components. Safety protocols are crucial in this occupation to prevent accidents and injuries.

Skills: engine lathe operator, metalworking, machine operation, precision machining, manufacturing, industrial maintenance.
Job industry: Manufacturing

How much does Engine Lathe Operator make?

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


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Salary comparison to National average

Is Engine Lathe Operator a well paid job?

Yes, our data show that Engine Lathe Operator 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 Engine Lathe Operator?

High salary for Engine Lathe Operator would be somewhere between 8,345,968 ISK and 11,001,504 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Engine Lathe 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: 7,587,244 ISK
Estimated Monthly Salary: 632,270 ISK
Estimated Weekly Salary: 145,909 ISK per week
Estimated Hourly Salary: 3,648 ISK per hour
By working as Engine Lathe Operator a person can save up to 1,687 USD per month or 20,249 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 Engine Lathe Operator

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.

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Data as of 2025

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