Lead Instrument Engineer salary in Iceland

Average Yearly Salary of Lead Instrument Engineer in Iceland is approximately 28,671,092 ISK (200,232 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 Lead Instrument Engineer do?

The occupation of a lead instrument engineer involves overseeing the design, development, and implementation of instrumentation systems in various industries. They are responsible for leading a team of engineers and technicians, ensuring the successful execution of projects, and maintaining compliance with industry standards and regulations. The lead instrument engineer conducts feasibility studies, creates technical specifications, and collaborates with other departments to ensure seamless integration of instrumentation systems. They also perform risk assessments, troubleshoot issues, and provide technical support during installation and commissioning phases. Additionally, they may be involved in the selection and procurement of equipment, as well as training and mentoring junior engineers.

Skills: lead instrument engineer, instrumentation systems, project management, technical specifications, compliance, troubleshooting
Job industry: Oil and gas

How much does Lead Instrument Engineer make?

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


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Salary comparison to National average

Is Lead Instrument Engineer a well paid job?

Yes, our data show that Lead Instrument Engineer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Lead Instrument Engineer?

High salary for Lead Instrument Engineer would be somewhere between 31,538,201 ISK and 41,573,083 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Lead Instrument Engineer 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: 28,671,092 ISK
Estimated Monthly Salary: 2,389,258 ISK
Estimated Weekly Salary: 551,367 ISK per week
Estimated Hourly Salary: 13,784 ISK per hour
By working as Lead Instrument Engineer a person can save up to 13,957 USD per month or 167,486 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 Lead Instrument Engineer

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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