Home > Salary > Iceland > Grantscontracts Specialist
A Grants/Contracts Specialist is responsible for managing the process of securing and administering grants and contracts for an organization. They work closely with program managers, finance teams, and external stakeholders to ensure compliance with funding requirements and regulations. The specialist conducts research to identify potential funding opportunities, prepares grant proposals, and negotiates contract terms. They also monitor and track grant expenditures, prepare financial reports, and maintain accurate records. Additionally, they provide guidance and support to staff regarding grant and contract management procedures.
Estimated Yearly Salary: 10,905,956 ISK
Estimated Monthly Salary: 908,830 ISK
Estimated Weekly Salary: 209,730 ISK per week
Estimated Hourly Salary: 5,243 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 877,257 ISK
Estimated Weekly Salary: 202,444 ISK per week
Estimated Hourly Salary: 5,061 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 76,010 USD
Estimated Monthly Salary: 6,334 USD
Estimated Weekly Salary: 1,462 USD per week
Estimated Hourly Salary: 37 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 10,905,956 ISK
Estimated Monthly Salary: 908,830 ISK
Estimated Weekly Salary: 209,730 ISK per week
Estimated Hourly Salary: 5,243 ISK per hour
By working as Grantscontracts Specialist a person can save up to 3,605 USD per month or 43,264 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.
Estimated Yearly Salary for Grantscontracts Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Grantscontracts Specialist salary in Iceland
Average Yearly Salary of Grantscontracts Specialist in Iceland is approximately 10,905,956 ISK (76,010 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 Grantscontracts Specialist do?
A Grants/Contracts Specialist is responsible for managing the process of securing and administering grants and contracts for an organization. They work closely with program managers, finance teams, and external stakeholders to ensure compliance with funding requirements and regulations. The specialist conducts research to identify potential funding opportunities, prepares grant proposals, and negotiates contract terms. They also monitor and track grant expenditures, prepare financial reports, and maintain accurate records. Additionally, they provide guidance and support to staff regarding grant and contract management procedures.
Skills: Grants management, Contract administration, Funding compliance, Proposal development, Financial reporting, Stakeholder coordination
Job industry: Government contracting
Job industry: Government contracting
How much does Grantscontracts Specialist make?
Salary details
How much does Grantscontracts Specialist make?Estimated Yearly Salary: 10,905,956 ISK
Estimated Monthly Salary: 908,830 ISK
Estimated Weekly Salary: 209,730 ISK per week
Estimated Hourly Salary: 5,243 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 10,527,088 ISKEstimated Monthly Salary: 877,257 ISK
Estimated Weekly Salary: 202,444 ISK per week
Estimated Hourly Salary: 5,061 ISK per hour
Last revision of data: 2024-01-03Grantscontracts Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 76,010 USD
Estimated Monthly Salary: 6,334 USD
Estimated Weekly Salary: 1,462 USD per week
Estimated Hourly Salary: 37 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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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 Grantscontracts Specialist job salary compared to average salary in Iceland.
Comparison shows that a person working as Grantscontracts Specialist in Iceland earns on average:
1.22 times the average salary (or 122% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Grantscontracts Specialist job salary compared to average salary in Iceland.
Comparison shows that a person working as Grantscontracts Specialist in Iceland earns on average:
1.22 times the average salary (or 122% of average salary).
Is Grantscontracts Specialist a well paid job?
Yes, our data shows that Grantscontracts Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Grantscontracts Specialist?
High salary for Grantscontracts Specialist would be somewhere between 11,996,552 ISK and 15,813,636 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Grantscontracts 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: 10,905,956 ISK
Estimated Monthly Salary: 908,830 ISK
Estimated Weekly Salary: 209,730 ISK per week
Estimated Hourly Salary: 5,243 ISK per hour
By working as Grantscontracts Specialist a person can save up to 3,605 USD per month or 43,264 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 Grantscontracts Specialist
Norway is 106,919 USD
United Kingdom is 49,911 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
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4. Neurosurgeon
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(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
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Data as of 2025Random salary:
Pharmacist intern (4,922,380 ISK per year, pre-tax.)
Plc programmer (8,502,293 ISK per year, pre-tax.)
Systems accountant (15,312,154 ISK per year, pre-tax.)
Training facilitator (11,097,947 ISK per year, pre-tax.)
Claims analyst (general unspecified type) (6,592,729 ISK per year, pre-tax.)
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