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MANAGEMENT & BUSINESS / SALARY
Average Salary - Management & Business / Iceland ICELAND

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  2. Iceland
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SALARY SURVEYS

11

 UPDATED
April 2024
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(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
136.01 ISK = 1 USD

13,530,264 ISK

$99,480 USD

9,792,712 ISK

$72,000 USD
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Average Salary / Management & Business / Iceland

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Average salary for Management & Business / Iceland is 13,530,264 ISK per year. The most typical earning is 9,792,712 ISK. All data are based on 11 salary surveys. Salaries are different between men and women. Men receive an average salary of 15,328,315 ISK. Women receive a salary of 8,065,387 ISK.

Based on education, the highest salaries receive people with Masters Degree with salary of 16,062,769 ISK. The second most paid education level is Doctorate Degree with salary of 12,975,344 ISK.

Different experiences affect earning as well. People with 0-1 Year of experience receive salary of 23,529,712 ISK. Employees with 20+ Years of experience receive 21,747,983 ISK.

Levels / Management & Business / Iceland (Gross ISK)

Salary Levels (ISK) per Year Surveys [%]
408,000 ISK - 679,899 ISK
0 n/a
680,000 ISK - 1,359,999 ISK
0 n/a
1,360,100 ISK - 2,039,999 ISK
0 n/a
2,040,100 ISK - 2,720,099 ISK
0 n/a
2,720,200 ISK - 3,400,099 ISK
0 n/a
3,400,200 ISK - 4,080,199 ISK
0 n/a
4,080,300 ISK - 4,760,199 ISK
0 n/a
4,760,300 ISK - 5,440,299 ISK
1 100%
9.09%
5,440,400 ISK - 6,120,299 ISK
0 n/a
6,120,400 ISK - 6,800,399 ISK
1 90.91%
9.09%
6,800,500 ISK - 7,480,399 ISK
0 n/a
7,480,500 ISK - 8,160,499 ISK
0 n/a
8,160,600 ISK - 8,840,499 ISK
0 n/a
8,840,600 ISK - 9,520,599 ISK
0 n/a
THE MOST TYPICAL SALARY
9,520,700 ISK - 10,200,599 ISK
2 81.82%
18.18%
10,200,700 ISK - 10,880,699 ISK
1 63.64%
9.09%
10,880,800 ISK - 11,560,699 ISK
1 54.55%
9.09%
11,560,800 ISK - 12,240,799 ISK
1 45.45%
9.09%
12,240,900 ISK - 12,920,799 ISK
0 n/a
12,920,900 ISK - 13,600,899 ISK
2 36.36%
18.18%
13,601,000 ISK - 14,280,899 ISK
0 n/a
14,281,000 ISK - 14,960,999 ISK
0 n/a
14,961,100 ISK - 15,640,999 ISK
0 n/a
15,641,100 ISK - 16,321,099 ISK
0 n/a
16,321,200 ISK - 17,001,099 ISK
0 n/a
17,001,200 ISK - 17,681,199 ISK
0 n/a
17,681,300 ISK - 18,361,199 ISK
0 n/a
18,361,300 ISK - 19,041,199 ISK
0 n/a
19,041,400 ISK - 19,721,299 ISK
0 n/a
19,721,400 ISK - 20,401,299 ISK
0 n/a
HIGH SALARIES
20,401,500 ISK - 21,761,399 ISK
0 n/a
21,761,600 ISK - 23,121,499 ISK
0 n/a
23,121,700 ISK - 24,481,599 ISK
1 18.18%
9.09%
24,481,800 ISK - 25,841,699 ISK
0 n/a
25,841,900 ISK - 27,201,799 ISK
0 n/a
27,202,000 ISK - 28,561,899 ISK
0 n/a
28,562,100 ISK - 29,921,999 ISK
0 n/a
29,922,200 ISK - 31,282,099 ISK
0 n/a
31,282,300 ISK - 32,642,199 ISK
0 n/a
32,642,400 ISK - 34,002,299 ISK
1 9.09%
9.09%
34,002,500 ISK - 47,603,499 ISK
0 n/a
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Gender / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Men 8 15,328,315 ISK
2 Women 2 8,065,387 ISK

Education / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 4 16,062,769 ISK
2 Doctorate Degree 1 12,975,344 ISK
3 Some College 4 12,703,324 ISK
4 Bachelors Degree 2 10,404,757 ISK

Experience / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 0-1 Year 1 23,529,712 ISK
2 20+ Years 2 21,747,983 ISK
3 12-16 Years 2 13,260,965 ISK
4 8-12 Years 1 11,588,043 ISK
5 16-20 Years 1 11,139,210 ISK
6 4-8 Years 1 10,078,333 ISK
7 2-4 Years 3 7,494,145 ISK

Age / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 51-55 1 33,839,263 ISK
2 21-25 1 23,529,712 ISK
3 41-45 1 13,532,985 ISK
4 31-35 3 11,751,255 ISK
5 36-40 1 11,139,210 ISK
6 n/a 1 10,078,333 ISK
7 56-60 1 9,656,702 ISK
8 26-30 2 5,875,627 ISK

Work Type / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 9 13,954,615 ISK
2 Contract 1 13,532,985 ISK
3 Self Employed 1 9,656,702 ISK

Cities / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 --Other-- 2 15,001,891 ISK
2 Reykjavík 9 13,206,561 ISK

Careers / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 General Manager 1 33,839,263 ISK
2 Assistant Manager 1 23,529,712 ISK
3 Director 1 13,532,985 ISK
4 Quality Manager 1 12,975,344 ISK
5 Project Manager 1 11,588,043 ISK
6 Operations Manager 1 11,139,210 ISK
7 Office Manager 1 10,717,580 ISK
8 CEO 1 9,656,702 ISK
9 Business Development Manager 2 7,684,559 ISK
10 Manager 1 6,487,672 ISK

People's individual salary examples (surveys)

Compliance Manager
Posted 09 August 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Doctorate Degree 12-16 Years n/a 12,973,600 ISK

Executive Director It
Posted 19 June 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 20+ Years n/a 33,844,300 ISK

Director
Posted 18 March 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 12-16 Years n/a 13,537,700 ISK

Manager Supervisor
Posted 02 August 2018
City Education Experience Knowledge Gross salary / year
--Other-- Some College 2-4 Years n/a 6,481,100 ISK


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