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


SALARY SURVEYS

11

UPDATED
December 2022
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

139.93 ISK = 1 USD

13,920,281 ISK

$99,506 USD

10,074,992 ISK

$72,019 USD

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Average Salary / Management & Business / Iceland

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Average salary for Management & Business / Iceland is 13,920,281 ISK per year. The most typical earning is 10,074,992 ISK. All data are based on 11 salary surveys. Salaries are different between men and women. Men receive an average salary of 15,770,161 ISK. Women receive a salary of 8,297,875 ISK.

Based on education, the highest salaries receive people with Masters Degree with salary of 16,525,786 ISK. The second most paid education level is Doctorate Degree with salary of 13,349,365 ISK.

Different experiences affect earning as well. People with 0-1 Year of experience receive salary of 24,207,968 ISK. Employees with 20+ Years of experience receive 22,374,879 ISK.

Levels / Management & Business / Iceland (Gross ISK)

Salary Levels (ISK) per Year Surveys [%]
419,800 ISK - 699,499 ISK
0 n/a
699,700 ISK - 1,399,199 ISK
0 n/a
1,399,300 ISK - 2,098,799 ISK
0 n/a
2,099,000 ISK - 2,798,499 ISK
0 n/a
2,798,600 ISK - 3,498,099 ISK
0 n/a
3,498,300 ISK - 4,197,799 ISK
0 n/a
4,197,900 ISK - 4,897,399 ISK
0 n/a
4,897,600 ISK - 5,597,099 ISK
1 100%
9.09%
5,597,200 ISK - 6,296,699 ISK
0 n/a
6,296,900 ISK - 6,996,399 ISK
1 90.91%
9.09%
6,996,500 ISK - 7,695,999 ISK
0 n/a
7,696,200 ISK - 8,395,699 ISK
0 n/a
8,395,800 ISK - 9,095,299 ISK
0 n/a
9,095,500 ISK - 9,794,999 ISK
0 n/a
THE MOST TYPICAL SALARY
9,795,100 ISK - 10,494,599 ISK
2 81.82%
18.18%
10,494,800 ISK - 11,194,299 ISK
1 63.64%
9.09%
11,194,400 ISK - 11,893,899 ISK
1 54.55%
9.09%
11,894,100 ISK - 12,593,599 ISK
1 45.45%
9.09%
12,593,700 ISK - 13,293,299 ISK
0 n/a
13,293,400 ISK - 13,992,899 ISK
2 36.36%
18.18%
13,993,000 ISK - 14,692,599 ISK
0 n/a
14,692,700 ISK - 15,392,199 ISK
0 n/a
15,392,300 ISK - 16,091,899 ISK
0 n/a
16,092,000 ISK - 16,791,499 ISK
0 n/a
16,791,700 ISK - 17,491,199 ISK
0 n/a
17,491,300 ISK - 18,190,799 ISK
0 n/a
18,191,000 ISK - 18,890,499 ISK
0 n/a
18,890,600 ISK - 19,590,099 ISK
0 n/a
19,590,300 ISK - 20,289,799 ISK
0 n/a
20,289,900 ISK - 20,989,399 ISK
0 n/a
HIGH SALARIES
20,989,600 ISK - 22,388,699 ISK
0 n/a
22,388,900 ISK - 23,787,999 ISK
0 n/a
23,788,200 ISK - 25,187,299 ISK
1 18.18%
9.09%
25,187,500 ISK - 26,586,599 ISK
0 n/a
26,586,800 ISK - 27,985,999 ISK
0 n/a
27,986,100 ISK - 29,385,299 ISK
0 n/a
29,385,400 ISK - 30,784,599 ISK
0 n/a
30,784,700 ISK - 32,183,899 ISK
0 n/a
32,184,000 ISK - 33,583,199 ISK
0 n/a
33,583,300 ISK - 34,982,499 ISK
1 9.09%
9.09%
34,982,600 ISK - 48,975,699 ISK
0 n/a
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Gender / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Men 8 15,770,161 ISK
2 Women 2 8,297,875 ISK

Education / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 4 16,525,786 ISK
2 Doctorate Degree 1 13,349,365 ISK
3 Some College 4 13,069,504 ISK
4 Bachelors Degree 2 10,704,679 ISK

Experience / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 0-1 Year 1 24,207,968 ISK
2 20+ Years 2 22,374,879 ISK
3 12-16 Years 2 13,643,218 ISK
4 8-12 Years 1 11,922,074 ISK
5 16-20 Years 1 11,460,303 ISK
6 4-8 Years 1 10,368,846 ISK
7 2-4 Years 3 7,710,167 ISK

Age / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 51-55 1 34,814,696 ISK
2 21-25 1 24,207,968 ISK
3 41-45 1 13,923,079 ISK
4 31-35 3 12,089,990 ISK
5 36-40 1 11,460,303 ISK
6 n/a 1 10,368,846 ISK
7 56-60 1 9,935,062 ISK
8 26-30 2 6,044,995 ISK

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

# Surveys AVERAGE SALARY / YEAR
1 Permanent 9 14,356,864 ISK
2 Contract 1 13,923,079 ISK
3 Self Employed 1 9,935,062 ISK

Cities / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 --Other-- 2 15,434,328 ISK
2 Reykjavík 9 13,587,246 ISK

Careers / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 General Manager 1 34,814,696 ISK
2 Assistant Manager 1 24,207,968 ISK
3 Director 1 13,923,079 ISK
4 Quality Manager 1 13,349,365 ISK
5 Project Manager 1 11,922,074 ISK
6 Operations Manager 1 11,460,303 ISK
7 Office Manager 1 11,026,519 ISK
8 CEO 1 9,935,062 ISK
9 Business Development Manager 2 7,906,070 ISK
10 Manager 1 6,674,682 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 13,347,500 ISK

Executive Director It
Posted 19 June 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 20+ Years n/a 34,819,900 ISK

Director
Posted 18 March 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 12-16 Years n/a 13,928,000 ISK

Manager Supervisor
Posted 02 August 2018
City Education Experience Knowledge Gross salary / year
--Other-- Some College 2-4 Years n/a 6,668,000 ISK


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