Principal Process Development Engineer salary in Iceland

Average Yearly Salary of Principal Process Development Engineer in Iceland is approximately 23,994,795 ISK (167,979 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 Principal Process Development Engineer do?

A Principal Process Development Engineer is responsible for leading and managing the development of new manufacturing processes to improve efficiency, quality, and productivity. They work closely with cross-functional teams including research and development, operations, and quality assurance to identify process improvement opportunities and develop innovative solutions. This role involves analyzing existing processes, conducting experiments, and implementing process changes to optimize production. Principal Process Development Engineers also collaborate with equipment vendors and external partners to evaluate and select new technologies that align with business objectives. They are responsible for documenting and communicating process changes, as well as providing training and support to manufacturing teams. This position requires strong analytical and problem-solving skills, as well as excellent communication and leadership abilities.

Skills: Principal Process Development Engineer, Manufacturing, Process Improvement, Cross-functional Collaboration, Innovation, Problem-Solving
Job industry: Engineering

How much does Principal Process Development 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 Principal Process Development Engineer a well paid job?

Yes, our data show that Principal Process Development 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 Principal Process Development Engineer?

High salary for Principal Process Development Engineer would be somewhere between 26,394,275 ISK and 34,792,453 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Principal Process Development 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: 23,994,795 ISK
Estimated Monthly Salary: 1,999,566 ISK
Estimated Weekly Salary: 461,438 ISK per week
Estimated Hourly Salary: 11,536 ISK per hour
By working as Principal Process Development Engineer a person can save up to 11,269 USD per month or 135,233 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 Principal Process Development 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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