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Commissions Analyst salary in Iceland

Average Yearly Salary of Commissions Analyst in Iceland is approximately 10,803,780 ISK (75,534 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 Commissions Analyst do?

occupation personasA commissions analyst is responsible for analyzing and calculating sales commissions for employees within an organization. They review sales data, commission plans, and contracts to ensure accurate and timely payment of commissions. The role involves collaborating with sales teams, finance departments, and HR to resolve any discrepancies or issues related to commissions. Commissions analysts also develop and maintain reports and dashboards to track commission performance and provide insights to management. They may participate in commission plan design and implementation, ensuring alignment with company goals and compliance with legal requirements. This occupation requires strong analytical skills, attention to detail, and proficiency in using spreadsheets and commission software.

Skills: commissions analysis, sales compensation, commission calculations, sales performance, financial analysis, data analytics
Job industry: Finance


How much does Commissions Analyst make?

Salary details
How much does Commissions Analyst make?
Estimated Yearly Salary: 10,803,780 ISK
Estimated Monthly Salary: 900,315 ISK
Estimated Weekly Salary: 207,765 ISK per week
Estimated Hourly Salary: 5,194 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 10,420,839 ISK
Estimated Monthly Salary: 868,403 ISK
Estimated Weekly Salary: 200,401 ISK per week
Estimated Hourly Salary: 5,010 ISK per hour
Last revision of data: 2024-01-03



Commissions Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 75,534 USD
Estimated Monthly Salary: 6,295 USD
Estimated Weekly Salary: 1,453 USD per week
Estimated Hourly Salary: 36 USD per hour


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

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.

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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 Commissions Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Commissions Analyst in Iceland earns on average:
1.21 times the average salary (or 121% of average salary).

Is Commissions Analyst a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Commissions Analyst?

High salary for Commissions Analyst would be somewhere between 11,884,158 ISK and 15,665,481 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Commissions Analyst 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: 10,803,780 ISK
Estimated Monthly Salary: 900,315 ISK
Estimated Weekly Salary: 207,765 ISK per week
Estimated Hourly Salary: 5,194 ISK per hour
By working as Commissions Analyst a person can save up to 3,566 USD per month or 42,788 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 Commissions Analyst

Norway is 105,577 USDup arrow 40%
Details on Commissions Analyst salary in Norway
United Kingdom is 49,441 USDdown arrow 35%
Details on Commissions Analyst salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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