Millingplaning Mach Setup salary in Iceland

Average Yearly Salary of Millingplaning Mach Setup in Iceland is approximately 7,260,022 ISK (50,694 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 Millingplaning Mach Setup do?

The occupation of milling/planing machine setup involves the preparation and operation of milling and planing machines. Milling machines are used to remove material from a workpiece by rotating a cutting tool, while planing machines are used to create flat surfaces on large workpieces. The setup process includes selecting the appropriate cutting tools, mounting them on the machine, and adjusting the machine settings to achieve the desired dimensions and surface finish. Milling/planing machine setup requires knowledge of different types of cutting tools, machine controls, and measurement techniques. It also involves interpreting engineering drawings and specifications to determine the machining requirements. Attention to detail and precision are essential in this occupation to ensure accurate and high-quality results.

Skills: Milling, Planing, Machining, Setup, Cutting Tools, Precision
Job industry: Manufacturing

How much does Millingplaning Mach Setup make?

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


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Salary comparison to National average

Is Millingplaning Mach Setup a well paid job?

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

What is considered a high salary for Millingplaning Mach Setup?

High salary for Millingplaning Mach Setup would be somewhere between 7,986,024 ISK and 10,527,032 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Millingplaning Mach Setup 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: 7,260,022 ISK
Estimated Monthly Salary: 605,002 ISK
Estimated Weekly Salary: 139,616 ISK per week
Estimated Hourly Salary: 3,490 ISK per hour
By working as Millingplaning Mach Setup a person can save up to 1,496 USD per month or 17,948 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 Millingplaning Mach Setup

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.

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Data as of 2025

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