Director Of Banquets salary in Iceland

Average Yearly Salary of Director Of Banquets in Iceland is approximately 14,232,913 ISK (99,566 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 Director Of Banquets do?

The Director of Banquets is responsible for overseeing all aspects of banquet operations within a hotel or event venue. They are in charge of coordinating and executing events such as weddings, conferences, and corporate functions. This role requires excellent organizational and leadership skills to manage a team of banquet staff, including servers, bartenders, and event coordinators. The Director of Banquets is responsible for creating and implementing banquet menus, ensuring the quality and presentation of food and beverages, and maintaining high standards of customer service. They work closely with clients to understand their specific event requirements and ensure that all details are executed flawlessly. Additionally, they are responsible for managing the banquet budget and ensuring profitability. This role requires strong communication and interpersonal skills to effectively collaborate with various departments and stakeholders.

Skills: Director of Banquets, Banquet operations, Event coordination, Customer service, Leadership, Budget management
Job industry: Hospitality

How much does Director Of Banquets make?

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


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Salary comparison to National average

Is Director Of Banquets a well paid job?

Yes, our data shows that Director Of Banquets is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Director Of Banquets?

High salary for Director Of Banquets would be somewhere between 15,656,204 ISK and 20,637,724 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Of Banquets 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: 14,232,913 ISK
Estimated Monthly Salary: 1,186,076 ISK
Estimated Weekly Salary: 273,710 ISK per week
Estimated Hourly Salary: 6,843 ISK per hour
By working as Director Of Banquets a person can save up to 5,568 USD per month or 66,820 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 Director Of Banquets

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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