Home > Salary > Iceland > Time Clerk
A time clerk is responsible for recording and monitoring employee working hours, ensuring accurate and timely payment. They maintain attendance records, calculate overtime, and manage timekeeping systems. Time clerks also prepare payroll reports, resolve discrepancies, and assist with payroll processing. They may communicate with employees to address time-related issues and provide guidance on company policies and procedures.
Estimated Yearly Salary: 6,053,645 ISK
Estimated Monthly Salary: 504,470 ISK
Estimated Weekly Salary: 116,416 ISK per week
Estimated Hourly Salary: 2,910 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 487,368 ISK
Estimated Weekly Salary: 112,470 ISK per week
Estimated Hourly Salary: 2,812 ISK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 42,364 USD
Estimated Monthly Salary: 3,530 USD
Estimated Weekly Salary: 815 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 6,053,645 ISK
Estimated Monthly Salary: 504,470 ISK
Estimated Weekly Salary: 116,416 ISK per week
Estimated Hourly Salary: 2,910 ISK per hour
By working as Time Clerk a person can save up to 802 USD per month or 9,618 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.
Estimated Yearly Salary for Time Clerk
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Telesales manager (11,366,170 ISK per year, pre-tax.)
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Auction manager (6,699,121 ISK per year, pre-tax.)
Advanced process control (apc), engineer (13,364,589 ISK per year, pre-tax.)
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Time Clerk salary in Iceland
Average Yearly Salary of Time Clerk in Iceland is approximately 6,053,645 ISK (42,364 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 Time Clerk do?
A time clerk is responsible for recording and monitoring employee working hours, ensuring accurate and timely payment. They maintain attendance records, calculate overtime, and manage timekeeping systems. Time clerks also prepare payroll reports, resolve discrepancies, and assist with payroll processing. They may communicate with employees to address time-related issues and provide guidance on company policies and procedures.
Skills: Time management, Payroll administration, Record keeping, Attendance tracking, Timekeeping systems, Employee communication
Job industry: Human resources
Job industry: Human resources
How much does Time Clerk make?
Salary details
How much does Time Clerk make?Estimated Yearly Salary: 6,053,645 ISK
Estimated Monthly Salary: 504,470 ISK
Estimated Weekly Salary: 116,416 ISK per week
Estimated Hourly Salary: 2,910 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,848,414 ISKEstimated Monthly Salary: 487,368 ISK
Estimated Weekly Salary: 112,470 ISK per week
Estimated Hourly Salary: 2,812 ISK per hour
Last revision of data: 2024-01-09Time Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,364 USD
Estimated Monthly Salary: 3,530 USD
Estimated Weekly Salary: 815 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
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 Time Clerk job salary compared to average salary in Iceland.
Comparison shows that a person working as Time Clerk in Iceland earns on average:
0.68 times the average salary (or 68% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Time Clerk job salary compared to average salary in Iceland.
Comparison shows that a person working as Time Clerk in Iceland earns on average:
0.68 times the average salary (or 68% of average salary).
Is Time Clerk a well paid job?
No, our data shows that Time Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though Time Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Time Clerk?
High salary for Time Clerk would be somewhere between 6,659,010 ISK and 8,777,785 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Time Clerk 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: 6,053,645 ISK
Estimated Monthly Salary: 504,470 ISK
Estimated Weekly Salary: 116,416 ISK per week
Estimated Hourly Salary: 2,910 ISK per hour
By working as Time Clerk a person can save up to 802 USD per month or 9,618 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 Time Clerk
Norway is 59,398 USD
United Kingdom is 27,794 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Telesales manager (11,366,170 ISK per year, pre-tax.)
Vice president (vp), international operations (22,284,983 ISK per year, pre-tax.)
Auction manager (6,699,121 ISK per year, pre-tax.)
Advanced process control (apc), engineer (13,364,589 ISK per year, pre-tax.)
Food service supervisor (4,922,380 ISK per year, pre-tax.)
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