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Last updated: June 15, 2024
Returned Item Clerk Salary
in Iceland
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ISK 7,703,998
Average Salary
ISK 3,704/hr
Average Hourly
ISK 146,376
Average Bonus
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Last updated: June 15, 2024
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Salary Recap
The average pay for a Returned Item Clerk is ISK 7,703,998 a year and ISK 3,704 an hour in Iceland. The average salary range for a Returned Item Clerk is between ISK 5,569,990 and ISK 9,244,797. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Iceland.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
ISK 9,851,213
5 Year Change:
28 %
Shift Differentials
Shift Differentials
Calculate Your Shift Differential
If your job has pay differentials, see how much more you could be earning with our shift differential calculator.
Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by ISK 370.38/hour
*some jobs may not have shift differentials, please contact info.eri@erieri.com for additional information.
What Is Shift Differential Pay?
Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
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This role may have pay shift differentials that could affect total compensation.
Utilize ERI's signature shift differential data to calculate pay for night shifts, day shifts, and swing shifts and benchmark compensation with confidence. With our robust database, you can accurately price jobs based on industry-specific shift differential policies. ERI compiles shift differential pay data based on salary survey data to help users find reliable compensation information.
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About Iceland
Iceland Cost of Living Score:
Description:
Iceland (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is linked culturally and politically with Europe and is the region's most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents. The official language of the country is Icelandic.
Located on a rift between tectonic plates, Iceland's geologic activity includes geysers and frequent volcanic eruptions. The interior consists of a volcanic plateau characterised...
Job Summary
Description:
- Returns unpaid checks from correspondent banks, branches, or individual customers to adjust and balance accounts.
- Sorts returned checks into debit and credit groups.
- Types debit and credit forms listing amount, date, name of maker, name of bank, and reason for return, in order to adjust accounts and inform customers of nonpayment, using typewriter or computer.
- Totals and balances checks received, using adding machine or calculator, and submits checks and recapitulation sheet to department head.
- Examines checks visually to determine which checks to process, setting aside checks with no account, no signature on file, or forgeries for review by law enforcement official.
- Exchanges checks received by mistake with representatives of other banks.
- Photographs items returned to customers and other banks photographic-machine operator.
- Files copies of forms.
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Salary Recap
The average pay for a Returned Item Clerk is ISK 7,703,998 a year and ISK 3,704 an hour in Iceland. The average salary range for a Returned Item Clerk is between ISK 5,569,990 and ISK 9,244,797. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Iceland.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Iceland
Iceland Cost of Living Score:
Description:
Iceland (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is linked culturally and politically with Europe and is the region's most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents. The official language of the country is Icelandic.
Located on a rift between tectonic plates, Iceland's geologic activity includes geysers and frequent volcanic eruptions. The interior consists of a volcanic plateau characterised...
Job Summary
Description:
- Returns unpaid checks from correspondent banks, branches, or individual customers to adjust and balance accounts.
- Sorts returned checks into debit and credit groups.
- Types debit and credit forms listing amount, date, name of maker, name of bank, and reason for return, in order to adjust accounts and inform customers of nonpayment, using typewriter or computer.
- Totals and balances checks received, using adding machine or calculator, and submits checks and recapitulation sheet to department head.
- Examines checks visually to determine which checks to process, setting aside checks with no account, no signature on file, or forgeries for review by law enforcement official.
- Exchanges checks received by mistake with representatives of other banks.
- Photographs items returned to customers and other banks photographic-machine operator.
- Files copies of forms.
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
Read More