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Process Improvement Engineer salary in Iceland

Average Yearly Salary of Process Improvement Engineer in Iceland is approximately 14,078,460 ISK (98,498 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 Process Improvement Engineer do?

occupation personasA process improvement engineer is responsible for identifying and implementing measures to enhance operational efficiency and effectiveness within an organization. They analyze existing processes, identify areas of improvement, and develop and implement strategies to optimize workflow, reduce waste, and increase productivity. This role requires strong analytical and problem-solving skills, as well as the ability to work collaboratively with cross-functional teams. The process improvement engineer conducts data analysis, identifies bottlenecks, and recommends process changes or automation solutions. They may also design and implement performance metrics and tracking systems to monitor progress and measure the impact of process improvements. Additionally, they provide training and support to employees to ensure successful implementation and adoption of new processes.

Skills: Process Improvement Engineer, Operational Efficiency, Workflow Optimization, Waste Reduction, Productivity Enhancement, Data Analysis
Job industry: Manufacturing


How much does Process Improvement Engineer make?

Salary details
How much does Process Improvement Engineer make?
Estimated Yearly Salary: 14,078,460 ISK
Estimated Monthly Salary: 1,173,205 ISK
Estimated Weekly Salary: 270,740 ISK per week
Estimated Hourly Salary: 6,768 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 13,610,883 ISK
Estimated Monthly Salary: 1,134,240 ISK
Estimated Weekly Salary: 261,748 ISK per week
Estimated Hourly Salary: 6,544 ISK per hour
Last revision of data: 2024-01-08



Process Improvement Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 98,498 USD
Estimated Monthly Salary: 8,208 USD
Estimated Weekly Salary: 1,894 USD per week
Estimated Hourly Salary: 47 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Process Improvement Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Process Improvement Engineer in Iceland earns on average:
1.57 times the average salary (or 157% of average salary).

Is Process Improvement Engineer a well paid job?

Yes, our data shows that Process Improvement Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Process Improvement Engineer?

High salary for Process Improvement Engineer would be somewhere between 15,486,306 ISK and 20,413,767 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Process Improvement 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: 14,078,460 ISK
Estimated Monthly Salary: 1,173,205 ISK
Estimated Weekly Salary: 270,740 ISK per week
Estimated Hourly Salary: 6,768 ISK per hour
By working as Process Improvement Engineer a person can save up to 5,479 USD per month or 65,752 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 Process Improvement Engineer

Norway is 137,452 USDup arrow 40%
Details on Process Improvement Engineer salary in Norway
United Kingdom is 64,839 USDdown arrow 34%
Details on Process Improvement Engineer salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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Salary information displayed on this site is informational exclusively.
This website compiles salary data for reference purposes exclusively. While we strive to present accurate estimates, we do not ensure their full precision. Users are strongly advised to check with other sources before finalizing financial plans. Salary amounts vary based on multiple factors, such as industry trends, negotiation power, and regional demand. We make no guarantees as to the validity of the provided data. Your use of this site acknowledges acceptance of this notice.
Salary details displayed on this website are intended for informational use only. Our data is sourced through multiple inputs and may not necessarily be accurate. Users should verify salary information through other means before making employment decisions. The figures listed here may change due to factors such as location, industry standards, and individual skill sets. We do not warrant that the information provided is error-free. By using this website, you accept that salary information is presented 'as is' and without assurances.