Business Solutions Director salary in Iceland

Average Yearly Salary of Business Solutions Director in Iceland is approximately 22,042,450 ISK (154,905 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 Business Solutions Director do?

A Business Solutions Director is a senior-level executive responsible for overseeing and managing the strategic planning, development, and implementation of business solutions within an organization. They work closely with various departments to identify business needs, analyze processes, and recommend innovative solutions to enhance operational efficiency and drive growth. The role involves collaborating with stakeholders, conducting market research, and staying updated on industry trends to ensure the organization remains competitive. Additionally, Business Solutions Directors are responsible for managing project budgets, timelines, and resources, as well as evaluating the success and impact of implemented solutions. They provide leadership and guidance to a team of professionals, fostering a collaborative and results-driven work environment.

Skills: Business Strategy, Solution Development, Operational Efficiency, Growth Initiatives, Project Management, Stakeholder Collaboration
Job industry: Information technology

How much does Business Solutions Director make?

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


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Salary comparison to National average

Is Business Solutions Director a well paid job?

Yes, our data show that Business Solutions Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Business Solutions Director?

High salary for Business Solutions Director would be somewhere between 24,246,695 ISK and 31,961,553 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Solutions Director 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: 22,042,450 ISK
Estimated Monthly Salary: 1,836,871 ISK
Estimated Weekly Salary: 423,893 ISK per week
Estimated Hourly Salary: 10,597 ISK per hour
By working as Business Solutions Director a person can save up to 10,180 USD per month or 122,159 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 Business Solutions Director

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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