Chief Business Officer salary in Iceland

Average Yearly Salary of Chief Business Officer in Iceland is approximately 28,375,648 ISK (198,354 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 Business Officer do?

The Chief Business Officer (CBO) is a high-level executive responsible for overseeing and managing the overall business operations of an organization. This role requires a combination of strategic thinking, financial acumen, and strong leadership skills. The CBO collaborates with other executives to develop and implement business plans, set goals, and drive growth initiatives. They are responsible for identifying new business opportunities, building strategic partnerships, and ensuring effective execution of business strategies. The CBO also plays a key role in financial planning, budgeting, and monitoring performance metrics to ensure the organization's financial health. Additionally, they may be involved in marketing, sales, and customer relationship management activities. Overall, the CBO is instrumental in shaping the organization's vision, driving revenue generation, and ensuring operational excellence.

Skills: Chief Business Officer, Executive Leadership, Strategic Planning, Financial Management, Business Development, Partnerships
Job industry: Business services

How much does Chief Business 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 Business Officer a well paid job?

Yes, our data show that Chief Business 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 Business Officer?

High salary for Chief Business Officer would be somewhere between 31,213,213 ISK and 41,144,690 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Chief Business 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: 28,375,648 ISK
Estimated Monthly Salary: 2,364,637 ISK
Estimated Weekly Salary: 545,686 ISK per week
Estimated Hourly Salary: 13,642 ISK per hour
By working as Chief Business Officer a person can save up to 13,801 USD per month or 165,608 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 Business 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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