Home > Salary > Iceland > Chairman
The occupation of a chairman is a senior leadership role within an organization or company. The chairman is responsible for overseeing the board of directors, ensuring that the organization's goals and objectives are met, and providing guidance and direction to the executive team. They play a crucial role in decision-making processes, setting strategic direction, and managing relationships with key stakeholders. The chairman also represents the organization externally, engaging with shareholders, government officials, and industry leaders.
Estimated Yearly Salary: 41,802,124 ISK
Estimated Monthly Salary: 3,483,510 ISK
Estimated Weekly Salary: 803,887 ISK per week
Estimated Hourly Salary: 20,097 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,367,257 ISK
Estimated Weekly Salary: 777,059 ISK per week
Estimated Hourly Salary: 19,426 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 291,597 USD
Estimated Monthly Salary: 24,300 USD
Estimated Weekly Salary: 5,608 USD per week
Estimated Hourly Salary: 140 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 41,802,124 ISK
Estimated Monthly Salary: 3,483,510 ISK
Estimated Weekly Salary: 803,887 ISK per week
Estimated Hourly Salary: 20,097 ISK per hour
By working as Chairman a person can save up to 21,571 USD per month or 258,851 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.
Estimated Yearly Salary for Chairman
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Electrical power-line installer repairer (10,101,806 ISK per year, pre-tax.)
Framer construction (5,548,812 ISK per year, pre-tax.)
Vascular technologist (10,471,192 ISK per year, pre-tax.)
Firefighter (7,749,913 ISK per year, pre-tax.)
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Chairman salary in Iceland
Average Yearly Salary of Chairman in Iceland is approximately 41,802,124 ISK (291,597 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 Chairman do?
The occupation of a chairman is a senior leadership role within an organization or company. The chairman is responsible for overseeing the board of directors, ensuring that the organization's goals and objectives are met, and providing guidance and direction to the executive team. They play a crucial role in decision-making processes, setting strategic direction, and managing relationships with key stakeholders. The chairman also represents the organization externally, engaging with shareholders, government officials, and industry leaders.
Skills: Leadership, Governance, Strategic Planning, Decision-making, Stakeholder Management, Board Oversight
Job industry: Corporate governance
Job industry: Corporate governance
How much does Chairman make?
Salary details
How much does Chairman make?Estimated Yearly Salary: 41,802,124 ISK
Estimated Monthly Salary: 3,483,510 ISK
Estimated Weekly Salary: 803,887 ISK per week
Estimated Hourly Salary: 20,097 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 40,407,081 ISKEstimated Monthly Salary: 3,367,257 ISK
Estimated Weekly Salary: 777,059 ISK per week
Estimated Hourly Salary: 19,426 ISK per hour
Last revision of data: 2024-01-03Chairman estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 291,597 USD
Estimated Monthly Salary: 24,300 USD
Estimated Weekly Salary: 5,608 USD per week
Estimated Hourly Salary: 140 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Chairman job salary compared to average salary in Iceland.
Comparison shows that a person working as Chairman in Iceland earns on average:
4.67 times the average salary (or 467% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Chairman job salary compared to average salary in Iceland.
Comparison shows that a person working as Chairman in Iceland earns on average:
4.67 times the average salary (or 467% of average salary).
Is Chairman a well paid job?
Yes, our data show that Chairman 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 Chairman?
High salary for Chairman would be somewhere between 45,982,336 ISK and 60,613,080 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Chairman 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: 41,802,124 ISK
Estimated Monthly Salary: 3,483,510 ISK
Estimated Weekly Salary: 803,887 ISK per week
Estimated Hourly Salary: 20,097 ISK per hour
By working as Chairman a person can save up to 21,571 USD per month or 258,851 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 Chairman
Norway is 408,971 USD
United Kingdom is 191,809 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Electrical power-line installer repairer (10,101,806 ISK per year, pre-tax.)
Framer construction (5,548,812 ISK per year, pre-tax.)
Vascular technologist (10,471,192 ISK per year, pre-tax.)
Firefighter (7,749,913 ISK per year, pre-tax.)
Kg teacher (6,484,536 ISK per year, pre-tax.)
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