Chief Scientist salary in Iceland

Average Yearly Salary of Chief Scientist in Iceland is approximately 27,627,948 ISK (193,333 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 Scientist do?

The occupation of a Chief Scientist involves leading and managing scientific research and development activities within an organization. This role requires a deep understanding of scientific principles, as well as strong leadership and strategic skills. The Chief Scientist is responsible for setting the overall research direction, overseeing the design and execution of experiments, analyzing data, and interpreting results. They collaborate with other departments to align research goals with organizational objectives and ensure that scientific advancements contribute to the company's growth and innovation. Additionally, Chief Scientists often represent the organization in external scientific communities, establish partnerships with academic institutions, and secure funding for research projects.

Skills: Chief Scientist, Research and Development, Scientific Leadership, Data Analysis, Innovation Management, Strategic Planning
Job industry: Research and development

How much does Chief Scientist make?

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


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Salary comparison to National average

Is Chief Scientist a well paid job?

Yes, our data show that Chief Scientist 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 Scientist?

High salary for Chief Scientist would be somewhere between 30,390,743 ISK and 40,060,525 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Chief Scientist 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: 27,627,948 ISK
Estimated Monthly Salary: 2,302,329 ISK
Estimated Weekly Salary: 531,307 ISK per week
Estimated Hourly Salary: 13,283 ISK per hour
By working as Chief Scientist a person can save up to 13,382 USD per month or 160,587 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 Scientist

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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