Hr Shared Services Specialist salary in Iceland

Average Yearly Salary of Hr Shared Services Specialist in Iceland is approximately 8,727,781 ISK (60,731 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 Hr Shared Services Specialist do?

The occupation of an HR Shared Services Specialist involves providing support and assistance to various HR functions within an organization. They are responsible for handling employee inquiries, managing HR databases, and ensuring compliance with HR policies and procedures. This role requires strong communication skills as they often serve as the first point of contact for employees seeking HR assistance. They may also be involved in processing HR transactions such as onboarding, benefits administration, and payroll. Additionally, HR Shared Services Specialists play a crucial role in maintaining accurate employee records and generating HR reports.

Skills: HR support, Employee inquiries, HR database management, Compliance, HR transactions, Employee records
Job industry: Human resources

How much does Hr Shared Services Specialist make?

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


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Salary comparison to National average

Is Hr Shared Services Specialist a well paid job?

Yes, our data show that Hr Shared Services Specialist 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 Hr Shared Services Specialist?

High salary for Hr Shared Services Specialist would be somewhere between 9,600,559 ISK and 12,655,282 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Hr Shared Services 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: 8,727,781 ISK
Estimated Monthly Salary: 727,315 ISK
Estimated Weekly Salary: 167,842 ISK per week
Estimated Hourly Salary: 4,196 ISK per hour
By working as Hr Shared Services Specialist a person can save up to 2,332 USD per month or 27,985 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 Hr Shared Services 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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