Average Salary in Greenland
Curious about salaries in Greenland? This guide breaks down the average wages, compares professions, highlights minimum wage figures, and explores how Greenland’s earnings measure up internationally.
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Greenland is a popular outsourcing destination due to its strategic location and highly skilled workforce. Employers seeking to hire remote workers in the country may wonder, what is the average salary in Greenland? This information will help them prepare a fair offer.
The average monthly salary in Greenland is 25,014 Danish Krone, approximately USD 3,627. However, you must consider how education, experience, industry, profession, and location impact salary. The median monthly income and salary range are other factors to think about.
This article will explore all aspects of Greenland salaries, providing optimal insight.
What is the Average Salary in Greenland?
Greenland’s average salary is 25,014 DKK, or about $3,627. The country’s salaries are high due to Denmark’s finances. Denmark subsidizes the Greenland economy because the harsh climates limit economic opportunities. The remote location also leads to a high cost of living.
Median Income
The median salary can also be considered the ‘middle salary.’ Greenland’s median salary is 23,000 DKK (approximately $3,335). When comparing average vs median salary, the average salary is considerably higher, but Greenland is still considered a high-income country.
Salary Range
The salary range spans from the lowest to the highest. Low salaries in Greenland are around 14,054 DKK (approximately $2,030), while high earners make closer to 46,105 DKK (roughly $6,670).
Salary Comparison by Profession
Industry impacts salaries in Greenland, with skilled workers earning more than unskilled employees. This salary comparison chart provides a breakdown of wages based on profession.
| Position | Monthly Salary (DKK) |
|---|---|
| Chief Executive Officer | 82,843 |
| IT Director | 76,914 |
| Call Center Director | 74,196 |
| IT Architect | 63,487 |
| Lead Developer | 61,458 |
| Head of Product Development | 59,829 |
| Financial Manager | 59,757 |
| Sales Director | 57,849 |
| IT Manager | 55,404 |
| Marketing Director | 54,361 |
| Banking Cashier | 15,202 |
| Fabric Cutter | 15,174 |
| Clothing Technologist | 15,108 |
| General Laborer | 15,017 |
| Packer | 14,798 |
| Seamstress | 14,128 |
| Porter | 13,650 |
| Medical Records Clerk | 13,610 |
| Tailor | 13,504 |
Average Wage in Greenland by Education
In Greenland, education plays a considerable role in salary determination. Individuals with a bachelor’s or master’s degree can earn significantly more than those with only a secondary education. Specialized and vocational skills can also increase salaries.
A large percentage of Greenland’s workforce is employed in the public sector, where salaries are determined in collective bargaining agreements. Education is often a huge consideration when assigning pay scales.
Salary Comparison by Experience
Experience also impacts salaries, especially in the cybersecurity sector. Professionals with 5–10 years of experience earn about 675,000 DKK annually, while individuals with more than a decade of experience can earn 850,000 DKK or more. Entry-level workers earn around 384,500 DKK, while senior-level roles pay closer to 592,600 DKK.
Salary Comparison by Location
Location generally impacts salaries, with urban workers making more than rural workers due to a higher cost of living, proximity to large companies, and more job opportunities. However, in Greenland, other locational factors impact earnings.
For example, people living in and around the capital city of Nuuk generally earn high salaries due to a concentration of businesses. However, people who work in remote areas may earn lower base salaries but may receive allowances to compensate for the higher cost of living due to challenging environments.
How Much is Minimum Wage in Greenland?
Greenland does not have a mandated minimum wage. Instead, wages are determined through collective bargaining between public sector unions and the Greenland government. Wages are typically set based on experience and education levels.
Due to the nature of the agreements, finding out the average minimum wage in the country is complex. This information may only be available by contacting Greenland government agencies and unions.
Average Salary in Greenland vs. the Rest of the World
You can gain more insight by comparing Greenland salaries to wages worldwide. The following charts compare Greenland salaries to wages in developed, undeveloped, and developing countries.
Greenland vs. Developed Countries
| Country | Average Salary | Comparison to Average Greenland Salary |
|---|---|---|
| United Kingdom | £3,000 (approx. $4,100) | − 13% |
| United States | $5,220 | − 44% |
| Norway | 50,000 NOK (approx. $4,700) | − 30% |
| Germany | €4,300 (approx. $4,470) | – 23% |
| Austria | €3,700 (approx. $4,050) | – 12% |
Greenland vs. Developing Countries
| Country | Average Salary | Comparison to Average Greenland Salary |
|---|---|---|
| Romania | 4,000 RON (approx. $835) | 77% |
| Russia | 73,700 RUB (approx. $700) | 81% |
| Albania | 83,330 ALL (approx. $860) | 76% |
| Kazakhstan | 342,000 KZT (approx. $645) | 82% |
| Ukraine | 18,000 UAH (approx. $500) | 86% |
Greenland vs. Undeveloped Countries
| Country | Average Salary | Comparison to Average Greenland Salary |
|---|---|---|
| Thailand | 15,000 Baht (approx. $420) | 88% |
| Philippines | 15,000 Baht (approx. $420) | 93% |
| Vietnam | 7.5 million Dong (approx. $300) | 92% |
| Egypt | 14,317 EGP (approx. $284) | 92% |
| Pakistan | 60,000 PKR (approx. $210) | 94% |
Greenland offers a unique work environment, with 43% of citizens working for the government. Other vibrant industries include fishing, renewable energy, and agriculture. The country’s rough terrain and minimal activity make it less susceptible to climate change, making it a hub for natural resources.
Despite a lack of skilled workers in typical outsourced services, companies can take advantage of trade opportunities. Greenland is also a prime destination for tech workers who have become familiar with new technologies in government and natural energy positions.
What are the Most Common Outsourced Industries in Greenland?
Employers considering Greenland as an outsourcing destination may consider focusing on the following industries:
IT Services
Greenland’s IT industry is rapidly growing, focusing on renewable energy technology, digital connectivity solutions, and Arctic-specific challenges. Many workers in the country are active in the government sector, so there is no shortage of tech-savvy workers. The government actively supports tech developments through initiatives and investments.
Agriculture and Fishing
Greenland’s cold climate makes it a prime destination for fishing and agricultural exports. The country aims to make itself even more attractive to countries worldwide by trimming the public sector, leading to the privatization of enterprises and, hence, more access to financing. The ice sheets covering most of the country make it less vulnerable to climate change, meaning it can produce agriculture when other countries cannot.
Renewable Energy
Many companies outsource various aspects of renewable energy, including project development and management, engineering, operations and maintenance, customer service, and sales. Greenland is an optimal destination due to its heavy focus on hydropower related to the prevalence of hydroelectric dams and glaciers. The country is also exploring wind and solar power and has the potential to export clean energy to other countries.
Conclusion
Greenland is an ideal outsourcing destination for its unique natural resources. Businesses that partner with workers in the country can establish themselves as leaders in their industry, bringing favorable outcomes for everyone involved.
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