Lead Medical Transcriptionist salary in Iceland

Average Yearly Salary of Lead Medical Transcriptionist in Iceland is approximately 7,598,218 ISK (52,922 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 Medical Transcriptionist do?

The occupation of a lead medical transcriptionist involves overseeing and coordinating the daily operations of a team of medical transcriptionists. They are responsible for ensuring accurate and timely transcription of medical reports, dictations, and other healthcare documentation. Lead medical transcriptionists review and edit transcripts for quality assurance, provide feedback and training to team members, and maintain documentation standards and guidelines. They collaborate with healthcare professionals to clarify any unclear or incomplete information and ensure accuracy in medical records. Lead medical transcriptionists also stay updated with medical terminology, procedures, and industry regulations. They may also assist in developing and implementing new transcription techniques and technologies.

Skills: lead medical transcriptionist, healthcare documentation, medical reports, quality assurance, training and feedback, medical terminology
Job industry: Healthcare

How much does Lead Medical Transcriptionist 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 Medical Transcriptionist a well paid job?

Yes, our data show that Lead Medical Transcriptionist 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 Lead Medical Transcriptionist?

High salary for Lead Medical Transcriptionist would be somewhere between 8,358,040 ISK and 11,017,416 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Lead Medical Transcriptionist 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: 7,598,218 ISK
Estimated Monthly Salary: 633,185 ISK
Estimated Weekly Salary: 146,120 ISK per week
Estimated Hourly Salary: 3,653 ISK per hour
By working as Lead Medical Transcriptionist a person can save up to 1,681 USD per month or 20,176 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 Medical Transcriptionist

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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