Grants Specialist salary in Iceland

Average Yearly Salary of Grants Specialist in Iceland is approximately 10,753,759 ISK (75,539 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 Grants Specialist do?

A grants specialist is responsible for researching, identifying, and securing funding opportunities for various organizations. They work closely with program managers and executive staff to develop grant proposals that align with the organization's mission and goals. This occupation involves conducting thorough research on potential funding sources, understanding grant requirements, and preparing detailed proposals. Grants specialists also manage the grant application process, ensuring that all necessary documents are submitted accurately and on time. They may be responsible for tracking grant progress, monitoring compliance, and reporting on outcomes to funders. Additionally, grants specialists often collaborate with other departments to gather data and information needed for grant applications. This occupation requires strong research, writing, and organizational skills, as well as the ability to work independently and meet deadlines.

Skills: Grants specialist, Funding opportunities, Grant proposals, Research, Compliance, Nonprofit organizations
Job industry: Non-profit

How much does Grants Specialist make?

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


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Salary comparison to National average

Is Grants Specialist a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Grants Specialist?

High salary for Grants Specialist would be somewhere between 11,829,135 ISK and 15,592,951 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Grants Specialist 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: 10,753,759 ISK
Estimated Monthly Salary: 896,147 ISK
Estimated Weekly Salary: 206,803 ISK per week
Estimated Hourly Salary: 5,170 ISK per hour
By working as Grants Specialist a person can save up to 3,566 USD per month or 42,793 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 Grants Specialist

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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