Calculator
Wage Calculator
Take Home Pay (After Orlof Deduction): 0 ISK
Total Deductions: 0 ISK
Gross Pay (Before Tax): 0 ISK
Pay Per Hour (Day): 0 ISK
Pay Per Hour (Evening & Weekend): 0 ISK
Pay Per Hour (Night): 0 ISK
Orlof (Vacation Pay): 0 ISK
- Calculated based on selected Orlof rate; paid into your account.
Income Tax: 0 ISK
- 31.48% up to 446,136 ISK, 37.98% from 446,137 to 1,252,501 ISK, 46.28% above 1,252,501 ISK, with a personal discount of 64,926 ISK.
Pension Fund (Employee): 0 ISK
- Employee pays 4%. Employer contributes 11.5% for retirement savings.
Rehabilitation Fund: 0 ISK
- 0.1% of wages dedicated to employee rehabilitation services.
Union Dues (Employee): 0 ISK
- Employee pays 3,150 ISK. Employer contributes an additional 7,560 ISK to union fund (VR, Efling, BHM, etc.).
Insurance Fees: 0 ISK
- 4.9% general, 1.35% unemployment, 0.05% bankruptcy, 0.05% marketing fee.