Area Manager Retail salary in Iceland

Average Yearly Salary of Area Manager Retail in Iceland is approximately 11,316,830 ISK (79,321 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Area Manager Retail do?

An Area Manager in retail is responsible for overseeing the operations and performance of multiple stores within a designated geographical area. They ensure that each store meets sales targets, maintains high levels of customer satisfaction, and adheres to company policies and procedures. The Area Manager develops and implements strategies to drive sales growth, improve store productivity, and enhance profitability. They are also responsible for recruiting, training, and motivating store managers and staff, as well as conducting performance evaluations and providing guidance and support. Additionally, the Area Manager monitors market trends, competitor activities, and customer preferences to identify opportunities for business development and improvement. Strong leadership, communication, and analytical skills are essential for success in this role.

Skills: Retail management, Store operations, Sales growth, Customer satisfaction, Leadership, Business development
Job industry: Retail

How much does Area Manager Retail make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Area Manager Retail a well paid job?

Yes, our data shows that Area Manager Retail is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Area Manager Retail?

High salary for Area Manager Retail would be somewhere between 12,448,513 ISK and 16,409,404 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Area Manager Retail in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 11,316,830 ISK
Estimated Monthly Salary: 943,069 ISK
Estimated Weekly Salary: 217,631 ISK per week
Estimated Hourly Salary: 5,441 ISK per hour
By working as Area Manager Retail a person can save up to 3,881 USD per month or 46,575 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Area Manager Retail

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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