Home > Salary > Iceland > Commercial Director
A commercial director is a senior executive responsible for overseeing the commercial activities of a company. Their primary role is to drive revenue growth and profitability by developing and implementing effective sales and marketing strategies. They are responsible for identifying new business opportunities, negotiating contracts with clients and suppliers, and managing key customer relationships. Additionally, they analyze market trends and competitor activities to ensure the company remains competitive and adapt its strategies accordingly. The commercial director also collaborates with other departments, such as finance and operations, to develop and execute business plans, manage budgets, and optimize operational processes. Strong leadership, strategic thinking, and excellent communication skills are essential for success in this role.
Estimated Yearly Salary: 25,808,962 ISK
Estimated Monthly Salary: 2,150,747 ISK
Estimated Weekly Salary: 496,326 ISK per week
Estimated Hourly Salary: 12,408 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,082,390 ISK
Estimated Weekly Salary: 480,552 ISK per week
Estimated Hourly Salary: 12,014 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 180,918 USD
Estimated Monthly Salary: 15,077 USD
Estimated Weekly Salary: 3,479 USD per week
Estimated Hourly Salary: 87 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: 25,808,962 ISK
Estimated Monthly Salary: 2,150,747 ISK
Estimated Weekly Salary: 496,326 ISK per week
Estimated Hourly Salary: 12,408 ISK per hour
By working as Commercial Director a person can save up to 12,348 USD per month or 148,172 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 Commercial Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Commercial Director salary in Iceland
Average Yearly Salary of Commercial Director in Iceland is approximately 25,808,962 ISK (180,918 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 Commercial Director do?
A commercial director is a senior executive responsible for overseeing the commercial activities of a company. Their primary role is to drive revenue growth and profitability by developing and implementing effective sales and marketing strategies. They are responsible for identifying new business opportunities, negotiating contracts with clients and suppliers, and managing key customer relationships. Additionally, they analyze market trends and competitor activities to ensure the company remains competitive and adapt its strategies accordingly. The commercial director also collaborates with other departments, such as finance and operations, to develop and execute business plans, manage budgets, and optimize operational processes. Strong leadership, strategic thinking, and excellent communication skills are essential for success in this role.
Skills: Commercial Director, Sales and Marketing Strategy, Revenue Growth, Contract Negotiation, Customer Relationship Management, Market Analysis
Job industry: Advertising
Job industry: Advertising
How much does Commercial Director make?
Salary details
How much does Commercial Director make?Estimated Yearly Salary: 25,808,962 ISK
Estimated Monthly Salary: 2,150,747 ISK
Estimated Weekly Salary: 496,326 ISK per week
Estimated Hourly Salary: 12,408 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 24,988,678 ISKEstimated Monthly Salary: 2,082,390 ISK
Estimated Weekly Salary: 480,552 ISK per week
Estimated Hourly Salary: 12,014 ISK per hour
Last revision of data: 2024-01-03Commercial Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 180,918 USD
Estimated Monthly Salary: 15,077 USD
Estimated Weekly Salary: 3,479 USD per week
Estimated Hourly Salary: 87 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 Commercial Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Commercial Director in Iceland earns on average:
2.88 times the average salary (or 288% 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 Commercial Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Commercial Director in Iceland earns on average:
2.88 times the average salary (or 288% of average salary).
Is Commercial Director a well paid job?
Yes, our data show that Commercial Director 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 Commercial Director?
High salary for Commercial Director would be somewhere between 28,389,858 ISK and 37,422,995 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Director 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: 25,808,962 ISK
Estimated Monthly Salary: 2,150,747 ISK
Estimated Weekly Salary: 496,326 ISK per week
Estimated Hourly Salary: 12,408 ISK per hour
By working as Commercial Director a person can save up to 12,348 USD per month or 148,172 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 Commercial Director
Norway is 252,679 USD
United Kingdom is 119,344 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:
Tutor (5,219,275 ISK per year, pre-tax.)
Production superintendent (15,409,679 ISK per year, pre-tax.)
Sales planning manager (13,514,144 ISK per year, pre-tax.)
Film producer (10,043,148 ISK per year, pre-tax.)
Director of buildings and grounds (12,547,535 ISK per year, pre-tax.)
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