Assistant Retail Department Manager salary in Iceland

Average Yearly Salary of Assistant Retail Department Manager in Iceland is approximately 5,169,169 ISK (36,144 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 Retail Department Manager do?

An Assistant Retail Department Manager is responsible for assisting the Retail Department Manager in overseeing the day-to-day operations of a retail store. They help manage staff, ensure excellent customer service, monitor inventory levels, and implement merchandising strategies. This role involves training and supervising employees, handling customer complaints, analyzing sales data, and making recommendations to improve store performance. The Assistant Retail Department Manager also plays a crucial role in maintaining store standards, enforcing company policies, and ensuring compliance with safety regulations. They may also be involved in scheduling, budgeting, and forecasting sales targets.

Skills: Retail management, Customer service, Inventory management, Merchandising, Staff supervision, Store operations.
Job industry: Retail

How much does Assistant Retail Department 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 Retail Department Manager a well paid job?

No, our data shows that Assistant Retail Department Manager is typically not a well-paid job. The salary varies based on experience. Meaning that even though Assistant Retail Department Manager might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Assistant Retail Department Manager?

High salary for Assistant Retail Department Manager would be somewhere between 5,686,086 ISK and 7,495,295 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Assistant Retail Department 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: 5,169,169 ISK
Estimated Monthly Salary: 430,764 ISK
Estimated Weekly Salary: 99,407 ISK per week
Estimated Hourly Salary: 2,485 ISK per hour
By working as Assistant Retail Department Manager a person can save up to 283 USD per month or 3,398 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 Retail Department 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

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