Assistant Business Manager salary in Iceland

Average Yearly Salary of Assistant Business Manager in Iceland is approximately 9,458,590 ISK (66,329 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 Assistant Business Manager do?

An assistant business manager is responsible for supporting the business manager in various administrative and operational tasks to ensure the smooth functioning of a company or organization. They assist in creating and implementing business strategies, managing budgets and financial records, monitoring and analyzing market trends, coordinating meetings and events, and maintaining effective communication with stakeholders. Additionally, they may be involved in human resources management, overseeing employee performance evaluations and assisting with recruitment processes. This role requires strong organizational and multitasking skills, attention to detail, and proficiency in using office software and financial tools. An assistant business manager should also possess excellent communication and interpersonal skills to collaborate with colleagues and clients effectively.

Skills: Assistant Business Manager, Administrative Support, Financial Management, Strategic Planning, Communication Skills, Organizational Skills
Job industry: Business management

How much does Assistant Business Manager make?

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


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Salary comparison to National average

Is Assistant Business Manager a well paid job?

Yes, our data show that Assistant Business Manager is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Assistant Business Manager?

High salary for Assistant Business Manager would be somewhere between 10,404,449 ISK and 13,714,956 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Assistant Business Manager 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: 9,458,590 ISK
Estimated Monthly Salary: 788,216 ISK
Estimated Weekly Salary: 181,896 ISK per week
Estimated Hourly Salary: 4,547 ISK per hour
By working as Assistant Business Manager a person can save up to 2,799 USD per month or 33,583 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 Assistant Business Manager

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

Random salary:
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