Chief Administrative Officer salary in Iceland

Average Yearly Salary of Chief Administrative Officer in Iceland is approximately 23,102,767 ISK (161,967 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 Chief Administrative Officer do?

A Chief Administrative Officer (CAO) is a high-level executive responsible for overseeing and managing the administrative functions of an organization. They play a crucial role in ensuring the smooth operation of the company by coordinating various departments, implementing policies, and providing strategic guidance to senior management. The CAO's main responsibilities include financial management, human resources, facilities management, risk management, and compliance. They are also involved in developing and implementing organizational strategies, managing budgets, and fostering effective communication between departments. Key skills required for this role include strong leadership abilities, excellent communication and interpersonal skills, financial acumen, problem-solving capabilities, and the ability to make informed decisions. A CAO should also have a solid understanding of business operations and be able to adapt to changing market conditions.

Skills: Chief Administrative Officer, Executive Management, Operations Management, Financial Management, Strategic Planning, Leadership, Organizational Development.
Job industry: Business administration

How much does Chief Administrative Officer make?

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


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Salary comparison to National average

Is Chief Administrative Officer a well paid job?

Yes, our data show that Chief Administrative Officer 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 Chief Administrative Officer?

High salary for Chief Administrative Officer would be somewhere between 25,413,044 ISK and 33,499,012 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Chief Administrative Officer 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: 23,102,767 ISK
Estimated Monthly Salary: 1,925,231 ISK
Estimated Weekly Salary: 444,284 ISK per week
Estimated Hourly Salary: 11,107 ISK per hour
By working as Chief Administrative Officer a person can save up to 10,768 USD per month or 129,221 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 Chief Administrative Officer

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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