Project Engineer Rubber Plastic Components salary in Iceland

Average Yearly Salary of Project Engineer Rubber Plastic Components in Iceland is approximately 14,042,178 ISK (98,619 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 Project Engineer Rubber Plastic Components do?

A project engineer in the rubber and plastic components industry is responsible for overseeing the design, development, and implementation of projects related to these materials. They work closely with cross-functional teams, including product designers, manufacturing engineers, and quality control specialists, to ensure that projects are completed on time and within budget. The project engineer's main tasks include conducting feasibility studies, creating project plans, coordinating resources, monitoring progress, and resolving any issues that may arise during the project lifecycle. They also collaborate with suppliers and customers to ensure that project requirements are met and that the final product meets quality standards.

Skills: project engineer, rubber, plastic components, design, development, implementation.
Job industry: Manufacturing

How much does Project Engineer Rubber Plastic Components make?

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


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Salary comparison to National average

Is Project Engineer Rubber Plastic Components a well paid job?

Yes, our data shows that Project Engineer Rubber Plastic Components 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 Project Engineer Rubber Plastic Components?

High salary for Project Engineer Rubber Plastic Components would be somewhere between 15,446,396 ISK and 20,361,158 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Engineer Rubber Plastic Components 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: 14,042,178 ISK
Estimated Monthly Salary: 1,170,182 ISK
Estimated Weekly Salary: 270,042 ISK per week
Estimated Hourly Salary: 6,751 ISK per hour
By working as Project Engineer Rubber Plastic Components a person can save up to 5,489 USD per month or 65,873 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 Project Engineer Rubber Plastic Components

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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