Workforce Development Specialist salary in Iceland

Average Yearly Salary of Workforce Development Specialist in Iceland is approximately 9,665,133 ISK (67,768 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 Workforce Development Specialist do?

A workforce development specialist is responsible for designing, implementing, and evaluating programs that enhance the skills and employability of individuals in a specific industry or community. They work closely with employers, educational institutions, and government agencies to identify workforce needs and develop strategies to address them. This may involve creating training programs, coordinating apprenticeships or internships, providing career counseling, and facilitating job placement services. The specialist also conducts research and analysis to assess labor market trends, identify skill gaps, and recommend changes to training programs or policies. They play a crucial role in helping individuals acquire the necessary knowledge and skills to secure meaningful employment and contribute to economic growth.

Skills: Workforce development, Training programs, Career counseling, Job placement services, Labor market analysis, Skill gap assessment
Job industry: Education and training

How much does Workforce Development Specialist make?

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


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Salary comparison to National average

Is Workforce Development Specialist a well paid job?

Yes, our data show that Workforce Development Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Workforce Development Specialist?

High salary for Workforce Development Specialist would be somewhere between 10,631,646 ISK and 14,014,443 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Workforce Development Specialist 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: 9,665,133 ISK
Estimated Monthly Salary: 805,428 ISK
Estimated Weekly Salary: 185,868 ISK per week
Estimated Hourly Salary: 4,647 ISK per hour
By working as Workforce Development Specialist a person can save up to 2,919 USD per month or 35,022 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 Workforce Development Specialist

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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