Branch Manager Equipment Rental salary in Iceland

Average Yearly Salary of Branch Manager Equipment Rental in Iceland is approximately 13,975,455 ISK (97,417 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 Branch Manager Equipment Rental do?

A branch manager in equipment rental is responsible for overseeing the operations of a branch that specializes in renting out various types of equipment. They manage all aspects of the branch, including customer service, sales, inventory management, and team supervision. The branch manager ensures that the rental process is efficient and smooth, from assisting customers with equipment selection to coordinating delivery and return logistics. They also handle customer inquiries and complaints, ensuring high levels of satisfaction. Additionally, they develop and implement strategies to attract new customers and retain existing ones. The branch manager works closely with the sales team to meet revenue targets and monitors market trends to identify growth opportunities. They are also responsible for maintaining equipment in good condition and coordinating repairs when necessary.

Skills: Branch Manager, Equipment Rental, Operations Management, Customer Service, Sales, Inventory Management
Job industry: Equipment rental

How much does Branch Manager Equipment Rental make?

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


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Salary comparison to National average

Is Branch Manager Equipment Rental a well paid job?

Yes, our data shows that Branch Manager Equipment Rental 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 Branch Manager Equipment Rental?

High salary for Branch Manager Equipment Rental would be somewhere between 15,373,001 ISK and 20,264,410 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Branch Manager Equipment Rental 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: 13,975,455 ISK
Estimated Monthly Salary: 1,164,621 ISK
Estimated Weekly Salary: 268,759 ISK per week
Estimated Hourly Salary: 6,719 ISK per hour
By working as Branch Manager Equipment Rental a person can save up to 5,389 USD per month or 64,671 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 Branch Manager Equipment Rental

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.

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Data as of 2025

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