Business Supervisor salary in Iceland

Average Yearly Salary of Business Supervisor in Iceland is approximately 8,711,064 ISK (60,914 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 Supervisor do?

A business supervisor is responsible for overseeing and coordinating the daily operations of a business or department. They work closely with employees, providing guidance, support, and ensuring that tasks are completed efficiently and effectively. Business supervisors set goals and objectives, develop strategies to achieve them, and monitor progress through regular performance evaluations. They also handle administrative tasks such as scheduling, budgeting, and resource allocation. Additionally, they may be involved in hiring, training, and mentoring new employees, as well as resolving conflicts or issues that arise within the team.

Skills: Business supervisor, Operations management, Leadership, Team coordination, Performance evaluation, Administrative tasks
Job industry: Management

How much does Business Supervisor make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Business Supervisor a well paid job?

Yes, our data show that Business Supervisor 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 Business Supervisor?

High salary for Business Supervisor would be somewhere between 9,582,170 ISK and 12,631,043 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Supervisor 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: 8,711,064 ISK
Estimated Monthly Salary: 725,922 ISK
Estimated Weekly Salary: 167,520 ISK per week
Estimated Hourly Salary: 4,188 ISK per hour
By working as Business Supervisor a person can save up to 2,347 USD per month or 28,168 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 Supervisor

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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