Subcontract Administrator salary in Iceland

Average Yearly Salary of Subcontract Administrator in Iceland is approximately 13,999,647 ISK (97,648 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 Subcontract Administrator do?

A subcontract administrator is responsible for managing and overseeing the subcontracting process within an organization. They work closely with project managers, procurement teams, and subcontractors to ensure that all contractual obligations are met. Their primary role involves reviewing and negotiating subcontract agreements, monitoring subcontractor performance, and resolving any issues or disputes that may arise. They also maintain accurate records of all subcontract-related documents and communicate regularly with internal stakeholders and subcontractors to ensure smooth project execution. Additionally, subcontract administrators may be involved in conducting market research to identify potential subcontractors, evaluating subcontractor proposals, and participating in the selection process. This role requires strong organizational and communication skills, attention to detail, and the ability to work effectively in a fast-paced environment.

Skills: subcontract administration, procurement management, contract negotiation, vendor management, project coordination, dispute resolution
Job industry: Administration

How much does Subcontract Administrator make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Subcontract Administrator a well paid job?

Yes, our data shows that Subcontract Administrator 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 Subcontract Administrator?

High salary for Subcontract Administrator would be somewhere between 15,399,612 ISK and 20,299,488 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Subcontract Administrator 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: 13,999,647 ISK
Estimated Monthly Salary: 1,166,637 ISK
Estimated Weekly Salary: 269,224 ISK per week
Estimated Hourly Salary: 6,731 ISK per hour
By working as Subcontract Administrator a person can save up to 5,409 USD per month or 64,902 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 Subcontract Administrator

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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