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

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  2. Iceland
  3. Management & Business
SALARY SURVEYS

11

 UPDATED
March 2023
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(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
142.2 ISK = 1 USD

14,146,435 ISK

$99,480 USD

10,238,674 ISK

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

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Average salary for Management & Business / Iceland is 14,146,435 ISK per year. The most typical earning is 10,238,674 ISK. All data are based on 11 salary surveys. Salaries are different between men and women. Men receive an average salary of 16,026,370 ISK. Women receive a salary of 8,432,686 ISK.

Based on education, the highest salaries receive people with Masters Degree with salary of 16,794,270 ISK. The second most paid education level is Doctorate Degree with salary of 13,566,244 ISK.

Different experiences affect earning as well. People with 0-1 Year of experience receive salary of 24,601,260 ISK. Employees with 20+ Years of experience receive 22,738,390 ISK.

Levels / Management & Business / Iceland (Gross ISK)

Salary Levels (ISK) per Year Surveys [%]
426,600 ISK - 710,899 ISK
0 n/a
711,000 ISK - 1,421,899 ISK
0 n/a
1,422,000 ISK - 2,132,899 ISK
0 n/a
2,133,100 ISK - 2,843,899 ISK
0 n/a
2,844,100 ISK - 3,554,999 ISK
0 n/a
3,555,100 ISK - 4,265,999 ISK
0 n/a
4,266,100 ISK - 4,976,999 ISK
0 n/a
4,977,100 ISK - 5,687,999 ISK
1 100%
9.09%
5,688,200 ISK - 6,398,999 ISK
0 n/a
6,399,200 ISK - 7,109,999 ISK
1 90.91%
9.09%
7,110,200 ISK - 7,821,099 ISK
0 n/a
7,821,200 ISK - 8,532,099 ISK
0 n/a
8,532,200 ISK - 9,243,099 ISK
0 n/a
9,243,200 ISK - 9,954,099 ISK
0 n/a
THE MOST TYPICAL SALARY
9,954,300 ISK - 10,665,099 ISK
2 81.82%
18.18%
10,665,300 ISK - 11,376,199 ISK
1 63.64%
9.09%
11,376,300 ISK - 12,087,199 ISK
1 54.55%
9.09%
12,087,300 ISK - 12,798,199 ISK
1 45.45%
9.09%
12,798,300 ISK - 13,509,199 ISK
0 n/a
13,509,400 ISK - 14,220,199 ISK
2 36.36%
18.18%
14,220,400 ISK - 14,931,299 ISK
0 n/a
14,931,400 ISK - 15,642,299 ISK
0 n/a
15,642,400 ISK - 16,353,299 ISK
0 n/a
16,353,400 ISK - 17,064,299 ISK
0 n/a
17,064,500 ISK - 17,775,299 ISK
0 n/a
17,775,500 ISK - 18,486,399 ISK
0 n/a
18,486,500 ISK - 19,197,399 ISK
0 n/a
19,197,500 ISK - 19,908,399 ISK
0 n/a
19,908,500 ISK - 20,619,399 ISK
0 n/a
20,619,600 ISK - 21,330,399 ISK
0 n/a
HIGH SALARIES
21,330,600 ISK - 22,752,499 ISK
0 n/a
22,752,600 ISK - 24,174,499 ISK
0 n/a
24,174,600 ISK - 25,596,499 ISK
1 18.18%
9.09%
25,596,700 ISK - 27,018,599 ISK
0 n/a
27,018,700 ISK - 28,440,599 ISK
0 n/a
28,440,800 ISK - 29,862,699 ISK
0 n/a
29,862,800 ISK - 31,284,699 ISK
0 n/a
31,284,800 ISK - 32,706,699 ISK
0 n/a
32,706,900 ISK - 34,128,799 ISK
0 n/a
34,128,900 ISK - 35,550,799 ISK
1 9.09%
9.09%
35,551,000 ISK - 49,771,299 ISK
0 n/a
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Gender / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Men 8 16,026,370 ISK
2 Women 2 8,432,686 ISK

Education / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 4 16,794,270 ISK
2 Doctorate Degree 1 13,566,244 ISK
3 Some College 4 13,281,836 ISK
4 Bachelors Degree 2 10,878,591 ISK

Experience / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 0-1 Year 1 24,601,260 ISK
2 20+ Years 2 22,738,390 ISK
3 12-16 Years 2 13,864,872 ISK
4 8-12 Years 1 12,115,765 ISK
5 16-20 Years 1 11,646,492 ISK
6 4-8 Years 1 10,537,302 ISK
7 2-4 Years 3 7,835,430 ISK

Age / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 51-55 1 35,380,309 ISK
2 21-25 1 24,601,260 ISK
3 41-45 1 14,149,279 ISK
4 31-35 3 12,286,409 ISK
5 36-40 1 11,646,492 ISK
6 n/a 1 10,537,302 ISK
7 56-60 1 10,096,470 ISK
8 26-30 2 6,143,204 ISK

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

# Surveys AVERAGE SALARY / YEAR
1 Permanent 9 14,590,111 ISK
2 Contract 1 14,149,279 ISK
3 Self Employed 1 10,096,470 ISK

Cities / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 --Other-- 2 15,685,080 ISK
2 Reykjavík 9 13,807,990 ISK

Careers / Management & Business / Iceland (Gross ISK)

# Surveys AVERAGE SALARY / YEAR
1 General Manager 1 35,380,309 ISK
2 Assistant Manager 1 24,601,260 ISK
3 Director 1 14,149,279 ISK
4 Quality Manager 1 13,566,244 ISK
5 Project Manager 1 12,115,765 ISK
6 Operations Manager 1 11,646,492 ISK
7 Office Manager 1 11,205,660 ISK
8 CEO 1 10,096,470 ISK
9 Business Development Manager 2 8,034,515 ISK
10 Manager 1 6,783,122 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 13,564,400 ISK

Executive Director It
Posted 19 June 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 20+ Years n/a 35,385,600 ISK

Director
Posted 18 March 2019
City Education Experience Knowledge Gross salary / year
Reykjavík Masters Degree 12-16 Years n/a 14,154,300 ISK

Manager Supervisor
Posted 02 August 2018
City Education Experience Knowledge Gross salary / year
--Other-- Some College 2-4 Years n/a 6,776,300 ISK


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